FuelCell Energy Inc. (NASDAQ:FCEL) [Trend Analysis] stock reports drop of -12.16% in last trading session and closed at a price of $6.21. FuelCell Energy, Inc. (FCEL) reported that financial results for its first quarter ended January 31, 2016 A gross loss of ($0.2) million was incurred in the first quarter of 2016 as compared to gross profit of $4.0 million generated in the first quarter of 2015. The first quarter 2016 gross loss reflected sales mix and timing of electricity income as well as timing of Service costs.
Operating expenses for the current period totaled $11.4 million compared to $9.1 million for the previous year period, reflecting surged research and development activity related to product enhancements and new near-term product introductions. Net loss attributable to ordinary shareholders for the first quarter of 2016 totaled $12.5 million, or $0.48 per basic and diluted share as compared to $4.9 million or $0.20 per basic and diluted share for the first quarter of 2015. Its 52-week range quite noticeable, lower range was $37.69% and hit highest level of $-62.77%. The overall volume in the last trading session was 1.51 Million shares.
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Arthur J Gallagher & Co. (NYSE:AJG) [Trend Analysis] showed itself as moving stock, soared 1.02% to close at $41.51. Arthur J. Gallagher & Co. (AJG) released that takeover of Vincent L. Braband Insurance, Inc. in Arlington Heights, Illinois. Terms of the transaction were not revealed. Established in 1930, Vincent L. Braband Insurance, Inc. (Braband) is a retail insurance broker providing commercial property/casualty, risk management consulting, employee benefits and personal lines insurance services to middle-market clients all through the Midwest.
They specialize in providing insurance coverage for law firms and the transportation industry. Vincent “Skip” Braband and his associates will continue to operate under the direction of Michael Pesch, head of Gallagher’s Midwest region retail property/casualty brokerage operation. Its total outstanding shares are 177.03 million shares and floated shares were 175.47 million. Its beta value stands at 1.04 times and price to earnings ratio was 20.25.
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The Kroger Co. (NYSE:KR) [Trend Analysis] has 974.72 million outstanding shares. Bodof The Kroger Co.’s (KR) released that a quarterly dividend of 10.5 cents per share to be paid on June 1, 2016, to shareholders of record on the close of business on May 13, 2016. Kroger has delivered double-digit compound growth in its dividend since it was reinstated in 2006. The firm continues to expect an increasing dividend over time. Kroger recently also reported a new, $500 million share repurchase program, supplementing the current authorization, which has $175.6 million remaining as of March 9, 2016. The firm stock closed at $37.73 by decreasing -0.21% in last trading day. As the returns are concern, return on equity was recorded 33.00% and firm surged its return on investment 13.40% while its return on asset stayed at 6.40%.
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