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FuelCell Energy Q3 Results Top Estimates
(RTTNews) - Clean energy technology company FuelCell Energy, Inc. (FCEL) on Thursday reported a second-quarter net loss attributable to common stockholders of $30.21 million or $0.08 per share, sharply wider than $12.80 million or $0.04 per share in the prior-year quarter.
Total revenues for the quarter surged 61 percent to $43.10 million from $26.82 million in the same quarter last year.
On average, analysts polled by Thomson Reuters expected the company to report a loss of $0.06 per share on revenues of $35.81 million for the quarter. Analysts' estimates typically exclude special items.
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FuelCell Energy Q1 Results Top Estimates
Clean energy technology company FuelCell Energy, Inc. (FCEL) on Thursday reported a first-quarter net loss attributable to common stockholders of $19.42 million or $0.05 per share, narrower than $41.42 million or $0.11 per share in the prior-year quarter.
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CAC 40 Modestly Higher In Cautious Trade
After a slightly weak start, the French market has moved higher on Friday with investors picking up stocks amid hopes the European Central Bank will lower interest rates at its ensuing meeting.
The U.S. federal court's ruling against President Donald Trump's sweeping tariff moves on its trading partners had added to uncertainty on the trade front, rendering the mood a bit cautious.
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DAX Up 0.8% On Selective Buying As Markets Await Clarity On Tariffs
German stocks are gaining notably ground in positive territory on Friday despite data showing a drop in the nation's retail sales in the month of April, and amid uncertainty about Trump administration's tariff moves after U.S. court rulings against the levies proposed by the U.S. President.
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Sensex, Nifty End Modestly Lower Due To Tariff Uncertainty
Indian shares ended modestly lower on Friday due to uncertainty surrounding a court battle about U.S. President Donald Trump's tariffs and rising concerns about U.S. economic stability.
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51 minuter sedan
Yen Rises On Strong Tokyo Core Inflation Data
The Japanese yen strengthened against other major currencies in the Asian session on Friday, as Tokyo's core inflation data came in stronger than expected, increasing the chances of the Bank of Japan's (BoJ) 25 basis point rate hike in July.
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European Shares Rise On ECB Rate Cut Hopes
European stocks traded higher on Friday despite the latest U.S. court rulings on President Trump's "Liberation Day" tariffs adding another layer of uncertainty.
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Asian Shares Decline Amid Tariff Uncertainty
Asian stocks ended mostly lower on Friday due to uncertainty surrounding a court battle about U.S. President Donald Trump's tariffs and rising concerns about U.S. economic stability.
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European Economic News Preview: Germany Inflation, Retail Sales Data Due
Inflation and retail sales from Germany and private sector credit from the euro area are the top economic news due on Friday. At 2.00 am ET, Destatis is scheduled to issue Germany's retail sales figures for April. Sales are forecast to grow 0.3 percent month-on-month, in contrast to the 0.2 percent fall in March.
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