Plug Power Inc. (NASDAQ:PLUG) on May 14 reported its 2014 first quarter results. Total revenue for the first quarter of 2014 was $5.6 million, comprised of $3.2 million for product revenue, $2.1 million for service revenue and $0.3 million for research and development (R&D) contract revenue. This compares to total revenue of $6.4 million in the first quarter of 2013, which was comprised of $4.7 million for product revenue, $1.3 million for service revenue and $0.4 million for R&D contract revenue. Net loss for the first quarter of 2014 was $75.9 million, or $0.57 per share on a basic and diluted basis. Plug Power Inc (NASDAQ:PLUG) stock performance was -2.20% in last session and finished the day at $4.00. Traded volume was 9.12million shares in the last session and the average volume of the stock remained 47.11million shares. The beta of the stock remained 1.26. Plug Power Inc (NASDAQ:PLUG) insider ownership is 0.70%.
Companhia Energetica Minas Gerais (ADR) (NYSE:CIG) posted its first quarter FY2014 financial results yesterday, and the company has done well in this quarter. CEMIG reported a net income ofR$1,250.1 million (US$529.7 million). This is 52.1% from the last year. The revenues generated by company in 1Q2014 wasR$4,760.8 million (US$2,017.3 million). The revenue number was 29.5% increase over the last year. Sales to the end consumers brought in 71% of the net revenues generated by the company for the quarter. Electricity sold to the final consumers increased to 11,968 MWh, which was a 10.7% increase over the last year. Companhia Energetica Minas Gerais (ADR) (NYSE:CIG) dropped -5.22 percent to $7.26 Tuesday on volume of 5.29million shares. The intra-day range of the stock was $7.17 to $7.47. Companhia Energetica Minas Gerais (ADR) (NYSE:CIG) has a market capitalization of $8.20billion.
Ryan Ung, a store manager in California in his 40s, realized a large profit by purchasing FuelCell Energy Inc. (NASDAQ:FCEL) for less than $1 a share in early 2013, after the Nasdaq warned of a potential delisting for low share prices. FuelCell Energy Inc (NASDAQ:FCEL)’s stock on May 27, 2014 reported a increase of 4.69% to the closing price of $2.23. Its fifty two weeks range is $1.10 -$4.74. The total market capitalization recorded $527.30million. The overall volume in the last trading session was 6.44million shares. In its share capital, FCEL has 253.94million outstanding shares.
Sina Corp. (NASDAQ:SINA) followed BIDU closely on Friday but did missed out on Wednesday. As a matter of fact, SINA’s first quarterly earnings need still be digested. The stock fell from $48 to $43 on earnings concern before recovering some of the losses on Friday. SINA is off $1.15 or 2.41% for the week altogether. On Tuesday, shares of SINA Corp (NASDAQ:SINA) dropped -1.59% to close the day at $45.79. Company return on investment (ROI) is 0.40% and its monthly performance is recorded as -4.90%. SINA Corp (NASDAQ:SINA) quarterly revenue growth is -33.62%.
Qihoo 360 Technology Co Ltd (NYSE:QIHU) stock rose share in after-hours trading Tuesday after the Chinese Internet company issued first-quarter earnings and revenue that beat analysts forecasts. Its Q2 revenue guidance also exceeded views. Qihoo 360 Technology Co Ltd (NYSE:QIHU) stock performance was 1.01% in last session and finished the day at $89.98. Traded volume was 4.16million shares in the last session and the average volume of the stock remained 3.40million shares. The beta of the stock remained 1.88. Qihoo 360 Technology Co Ltd (NYSE:QIHU) insider ownership is 14.20%.