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Stock Market & Financial Investment News

News Breaks
January 7, 2014
07:07 EDTFDX, PLUGPlug Power to develop fuel cell range extenders for FedEx delivery trucks
Plug Power (PLUG) announced it will develop hydrogen fuel cell range extenders for 20 FedEx (FDX) Express electric delivery trucks, allowing FedEx Express to nearly double the amount of territory the vehicles can cover with one charge. This $3M project is funded by the US Department of Energy and includes project partners FedEx Express, Plug Power and Smith Electric Vehicles. The resulting hybrid vehicles will be powered by lithium-ion batteries and a 10-kilowatt Plug Power hydrogen fuel cell system. The fuel cell solution is based on Plug Power's GenDrive Series 1000 product architecture.
News For PLUG;FDX From The Last 14 Days
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May 29, 2015
10:45 EDTPLUGPlug Power to host investor presentation
Investor presentation to discuss influential policy will be held on June 4 at 10 am. Webcast Link
May 28, 2015
11:51 EDTPLUGPlug Power to host inv
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07:24 EDTFDXFedEx coverage resumed with a Neutral at Nomura
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May 27, 2015
10:59 EDTPLUGPlug Power to host investor presentation
CEO Marsh holds an investor presentation in Dallas to discuss hydrogen path on May 29 at 11 am.
07:04 EDTPLUGPlug Power announces MSA with large footwear manufacturer in North America
Plug Power announces a master sales agreement, or MSA, with a large footwear manufacturer in North America, that outlines purchase terms and defines site-specific agreements for deployment of Plug Power's GenKey hydrogen and fuel cell solution. The footwear manufacturer has completed a successful demonstration at one of its distribution centers. By signing the MSA, corporate management at the footwear manufacturer has defined the first three sites where Plug Power's GenKey hydrogen and fuel cell solution will be implemented and is analyzing wide adoption of the technology in its 30 sites globally. GenKey enables seamless implementation of hydrogen fuel cells by material handling customers, combining GenDrive fuel cells, GenCare aftermarket service and GenFuel hydrogen molecule, storage and dispensing infrastructure.
May 26, 2015
11:04 EDTPLUGPlug Power to host investor presentation
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May 21, 2015
09:12 EDTPLUGPlug Power to host a financial discussion
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May 19, 2015
07:22 EDTFDXUPS having success with pickup points, WSJ says
Driven by the increase in e-commerce deliveries, UPS (UPS) has been combatting failed deliveries by using package pickup points, called UPS Access Points, like local drug stores, reports the Wall Street Journal. As a result UPS, FedEx (FDX), and DHL are investing in new systems aimed at having e-commerce customers collect orders from these pickup points, the Journal adds. Reference Link
May 15, 2015
12:13 EDTFDXThird Point gives quarterly update on stakes
NEW STAKES: Yum! Brands (YUM), NXP Semiconductors (NXPI), FedEx (FDX), McKesson (MCK), and J M Smucker (SJM). INCREASED STAKES: Actavis (ACT), Roper Technologies (ROP), Delta Air Lines (DAL), and FleetCor Technologies (FLT). DECREASED STAKES: Ally Financial (ALLY), Amgen (AMGN), Phillips 66 (PSX), eBay (EBAY), and Anheuser Busch Inbev SA (BUD). LIQUIDATED STAKES: Alibaba Group (BABA), Citigroup (C), EMC Corporation (EMC), Anglo American (AAL), and Williams Companies (WMB).
12:07 EDTFDXThird Point reports new stakes in Yum! Brands, FedEx, McKesson
06:33 EDTFDXJudge denies FedEx motion on drug charges, Reuters says
A judge denied FedEx's motion to dismiss charges that it was involved in distributing controlled substances, according to Reuters. The company is accused by the Justice Department of shipping packages from illegal online pharmacies, the news service stated. Reference Link

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