Stock Price Movements, Strategic Investments, and Financial Results Releases - Analyst Notes on Emerson, Ballard, EnerSys, Hollysys, and Hydrogenics
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NEW YORK, March 19, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Emerson Electric Co. (NYSE: EMR), Ballard Power Systems Inc. (NASDAQ: BLDP), EnerSys (NYSE: ENS), Hollysys Automation Technologies, Ltd (NASDAQ: HOLI), and Hydrogenics Corp. (NASDAQ: HYGS). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
Emerson Electric Co. Analyst Notes
On March 14, 2014, Emerson Electric Co.'s (Emerson) stock ended the day at $62.56, reflecting a decline of 0.73% from its previous day's closing price of $63.02. The Company's stock has lost 2.31% over the past six trading months, underperforming the Dow Jones Industrial Average and the Standard & Poor's 500 which have gained 4.48% and 9.07%, respectively, over the same trading period. The full analyst notes on Emerson Electric Co. are available to download free of charge at:
http://www.AnalystsReview.com/03192014/EMR/report.pdf
Ballard Power Systems Inc. Analyst Notes
On March 14, 2014, Ballard Power Systems Inc. (Ballard) announced that Anglo American Platinum Limited has converted its $4 million non-interest bearing promissory note into common shares, as per the terms of an agreement announced on March 3, 2013. The Company stated that the strategic investment, made through Anglo American Platinum's PGM Development Fund, supports continued development and commercial advancement of Ballard's fuel cell production. John Sheridan, President and CEO of Ballard said, "We are pleased Anglo American Platinum, an influential global corporation, has taken this step to reaffirm its partnership with Ballard." Ballard informed that as part of this development initiative, a prototype methanol-fuelled mini-grid system will be deployed in Q2 2014 in a 12-month field trial designed to validate the technical and operating requirements of a home generator product for off-grid applications in South Africa. The full analyst notes on Ballard Power Systems Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03192014/BLDP/report.pdf
EnerSys Analyst Notes
On March 14, 2014, EnerSys' stock declined 2.75% during the session to end the day at $70.99. The Company's stock has declined 3.89% over the past five trading days, following the Dow Jones Industrial Average which has also declined 2.35% during the same trading period. The full analyst notes on EnerSys are available to download free of charge at:
http://www.AnalystsReview.com/03192014/ENS/report.pdf
Hollysys Automation Technologies, Ltd Analyst Notes
On March 14, 2014, Hollysys Automation Technologies, Ltd. (Hollysys) stock ended the day at $18.71, dropping 6.17% from its previous day's closing price of $19.93. The Company's stock has grown by 7.78% over the past three trading months, beating the Nasdaq Composite, which has gained 6.11% during the same trading period. The full analyst notes on Hollysys Automation Technologies, Ltd are available to download free of charge at:
http://www.AnalystsReview.com/03192014/HOLI/report.pdf
Hydrogenics Corp. Analyst Notes
On March 7, 2014, Hydrogenics Corp. (Hydrogenics) reported its Q4 2013 and full-year 2013 financial results. For the quarter, the Company reported revenue growth of 12.1% YoY to $11.0 million. Net loss came in at $3.1 million, down from a net loss of $3.4 million reported in Q4 2012. For full-year 2013, revenue grew 33.8% YoY to $42.4 million, primarily reflecting higher sales in the Company's Power Systems business unit driven by a contract for integrated power propulsion systems as well as the delivery of fuel cell modules to Hydrogenics' major telecom backup power partner, CommScope, Inc. Annual net loss came in at $8.9 million, reflecting a decrease of nearly 30% YoY from $12.8 million of loss reported in 2012. Daryl Wilson, President and CEO said, "We continue to see the same demand trends that have propelled the Company forward, as global interest in hydrogen-based power and energy solutions accelerates." He continued, "Hydrogenics is on sound footing for 2014 - to pass the $50 million revenue barrier and break into profitability." The full analyst notes on Hydrogenics Corp. are available to download free of charge at:
http://www.AnalystsReview.com/03192014/HYGS/report.pdf
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