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Stock Market & Financial Investment News

News Breaks
January 29, 2014
06:40 EDTHMC, HYGSHydrogenics awarded contracts for fueling stations in UK
Hydrogenics (HYGS) announced that it has been awarded two contracts for fueling stations in the United Kingdom. The first contract includes three HySTATTM 60 electrolyzers for BOC, a member of The Linde Group, for installation as part of a large fueling station due to be constructed in 2014 for Aberdeen City Council's Kittybrewster depot in Scotland. The three electrolysers will provide up to 400 kg per day of Hydrogen, and the station, part of the Aberdeen Hydrogen Bus Project, will be used for 10 fuel cell buses which will be the largest such fleet in Europe. The second contract, also with BOC, calls for a HySTATTM 30 electrolyzer to be installed as part of a fueling station in Swindon, England for Honda Motor Company (HMC). The electrolyzer will provide 65 kg of Hydrogen per day and is expected to be operational during the second half of 2014, as is the Kittybrewster installation.
News For HYGS;HMC From The Last 14 Days
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April 17, 2014
08:10 EDTHMCJapanese, German car manufacturers benefiting on Korea deal, Reuters says
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07:58 EDTHMCEU vehicle sales turnaround fails to stop price war, Reuters says
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April 15, 2014
18:11 EDTHMCMajor Japanese automakers target 30% production increase in Asia, Nikkei says
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08:12 EDTHMCBofA/Merrill to hold a summit
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April 11, 2014
07:31 EDTHMCChina auto sales growth slowed in March, WSJ reports
The China Association of Automobile Manufacturers said 1.71M passenger vehicles were sold there in March, which was up 7.9% from a year earlier but a slower growth rate than the 11% year-over-year increase seen in the January-to-February period, reported The Wall Street Journal. The association cited weak sales of minivans, which fell 23% in the month, as a large factor, the report noted. Publicly traded automakers include Ford (F), General Motors (GM), Fiat (FIATY), Honda (HMC), Toyota (TM), Nissan (NSANY) and Volkswagen (VLKAY). Reference Link
April 9, 2014
17:03 EDTHYGSHydrogenics files $100M mixed securities shelf
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April 7, 2014
09:00 EDTHYGSHydrogenics falls 5.3%
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April 4, 2014
09:00 EDTHYGSHydrogenics falls 6.4%
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06:33 EDTHYGSHydrogenics remains positive on larger scale opportunities for future revenue
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06:33 EDTHYGSHydrogenics sees Q1 revenue $7M-$7.5M, consensus $11.64M
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06:32 EDTHYGSHydrogenics backs FY14 revenue to exceed $50M, consensus $55.07M
The company continues to expect adjusted EBITDA to surpass breakeven. Approximately $40M of the current contracted backlog will be realized as revenue in calendar 2014. Other sales pipeline opportunities closing into backlog in the first and second quarters will have revenue potential for the second half of 2014.

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