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Stock Market & Financial Investment News

News Breaks
January 7, 2014
07:07 EDTPLUG, FDXPlug 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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July 22, 2014
10:02 EDTPLUGChina to replace new-energy vehicle subsidies with new program, China Daily says
China will launch more fiscal support policies for "new-energy" vehicles for 2016 to 2020 when the current subsidy program expired at the end of 2015, said China Daily, citing a notice the State Council released Monday. New-energy vehicles include pure electric ones, plug-in hybrids and fuel cell vehicles, the report noted. Makers of electric vehicles include Kandi (KNDI) and Tesla (TSLA) and companies in the fuel cell space include Plug Power (PLUG), FuelCell Energy (FCEL) and Ballard Power (BLDP). Reference Link
July 18, 2014
16:20 EDTFDXOn The Fly: Closing Wrap
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15:23 EDTPLUGJapan to provide generous subsidies for fuel cell vehicles, Nikkei says
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12:36 EDTPLUGPlug Power said to be on list of companies probed by SEC, Probes Reporter says
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10:15 EDTPLUGPlug Power advances after analyst says outlook has improved
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09:32 EDTFDXFedEx slips in early trading, levels to watch
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08:58 EDTPLUGPlug Power outlook has improved, says Roth Capital
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06:33 EDTFDXFedEx says loss from DOJ suit 'could be material' if convicted
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06:30 EDTFDXFedEx says innocent of charges brought by Justice Department
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06:08 EDTPLUGPlug Power implied volatility of 93 at lower end of index mean range
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July 17, 2014
18:54 EDTFDXFedEx says innocent of drug charges, will plead not guilty, Bloomberg reports
18:52 EDTFDXFedEx indicted for its role in distributing controlled substances
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July 16, 2014
06:18 EDTFDXTNT Express receives Statement of Objections from French Competition Authority
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06:16 EDTFDXFedEx says France investigating anticompetitive behavior
On June 30, FedEx said it received a Statement of Objections from the French Competition Authority addressed to FedEx Express France, formerly known as TATEX, regarding an investigation by the FCA into anticompetitive behavior that is alleged to have occurred primarily in the framework of trade association meetings that included the former general managers of TATEX prior to our acquisition of that company in July 2012. FedEx says that "Given the early stage of this matter, we cannot yet determine the amount or range of potential loss; however, it is reasonably possible that it could be material."
July 15, 2014
13:15 EDTPLUGPlug Power jumps after analyst starts with Outperform rating
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10:00 EDTPLUGOn The Fly: Analyst Initiation Summary
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09:21 EDTPLUGOn The Fly: Pre-market Movers
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July 14, 2014
18:49 EDTPLUGPlug Power initiated with an Outperform at FBR Capital
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18:33 EDTPLUGPlug Power up 7% following analyst initiation
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17:21 EDTFDXFedEx says DoJ to pursue asbestos related matter as criminal case
FedEx revealed in a regulatory filing, that on January 14, the U.S. Department of Justice, DOJ, issued a Grand Jury Subpoena to FedEx Express relating to an asbestos matter previously investigated by the U.S. Environmental Protection Agency. On May 1, the DOJ informed us that it had determined to continue to pursue the matter as a criminal case, citing seven asbestos-related regulatory violations associated with removal of roof materials from a hangar in Puerto Rico during cleaning and repair activity, as well as violation of waste disposal requirements. Loss is reasonably possible, however, the amount of any loss is expected to be immaterial.

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