NEW YORK, December 11, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Foster Wheeler AG (NASDAQ: FWLT), Ballard Power Systems Inc. (NASDAQ: BLDP), Argan, Inc. (NYSE: AGX), Mueller Water Products, Inc. (NYSE: MWA) and Hollysys Automation Technologies, Ltd (NASDAQ: HOLI). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Foster Wheeler AG Research Report
On December 2, 2013, Foster Wheeler AG (Foster Wheeler) announced that a subsidiary of its Global Engineering and Construction Group has been awarded a contract by MOLYB Ltda. for engineering, procurement and related services for a grassroots molybdenum refinery in Chile. The Company informed that the new facility will be located near Mejillones in northern Chile. Foster Wheeler stated that it will execute detailed engineering and provide procurement assistance and field engineering services for the new refinery which is intended to process and refine 16,000 tonnes per annum (TPA) of molybdenum feedstock, with the Company's scope of work scheduled to be completed during the Q2 2015. Dave Lawson, President and Global Leader of Minerals and Metals, Foster Wheeler AG commented, "This latest award is a further important step in the extension of our Minerals and Metals track record and in the further development of our already excellent working relationship with CODELCO." The Full Research Report on Foster Wheeler AG - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Ballard Power Systems Inc. Research Report
On December 5, 2013, Ballard Power Systems (Ballard) announced that it has signed a non-binding Memorandum of Understanding (MOU) with Van Hool NV for supporting the manufacturing and further deployment of zero emission fuel cell buses. Ballard stated that by February 2014, both the companies intend to jointly respond to the call for proposals published on November 28, 2013 under the EU Hydrogen Fuel Cell Joint Undertaking, and also plan to jointly respond to other future calls for proposals under the Horizon 2020 program. John Sheridan, Ballard's President and CEO said, "We are very pleased to partner with Van Hool in our application for EU funding to support the deployment of additional fuel cell-powered buses. This will help generate economies of scale that we expect to drive further overall cost reduction." The Full Research Report on Ballard Power Systems Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Argan, Inc. Research Report
On December 5, 2013, Argan, Inc. (Argan) reported its Q3 FY 2014 financial results (period ended October 31, 2013). The Company reported net revenues of $63.5 million compared to $74.5 million in Q3 FY 2013. Net income attributable to stockholders for the quarter totaled $11.9 million or $0.83 per diluted share compared to $6.1 million of $0.43 per diluted share in Q3 FY 2013. Commenting on Argan's financial results, Rainer Bosselmann, Chairman and CEO stated, "We are pleased with the third quarter financial performance of Gemma which is transitioning from the successful completion of the Sentinel project to commencing construction of the Panda Liberty and Moxie Patriot power plants. Recognition of the development success fees have given a strong boost to our operations in our third quarter." The Full Research Report on Argan, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Mueller Water Products, Inc. Research Report
On December 5, 2013, Mueller Water Products, Inc. (Mueller Water Products) reported that its subsidiary, Mueller Systems, has been selected to upgrade water system of City of Kannapolis, North Carolina with its Mueller Systems' Advanced Metering Infrastructure (AMI) System. The Company stated that Kannapolis will implement the Mi.Net® Mueller Infrastructure Network for Utilities, Mueller Systems' advanced two-way AMI network that will automate the City's meter reading-to-billing process by linking its meters, distribution sites and control devices in a single data network. Hassan Ali, Vice President and General Manager of Mueller Systems stated, "The City of Kannapolis has developed a reputation for implementing technology that improves the relationship between the City and its ratepayers. Kannapolis has used Mueller Systems' HotRod AMR solution for several years, and in implementing the Mi.Net System, Kannapolis exemplifies how a municipality can efficiently progress from visual read to drive by to a two-way AMI solution." The Full Research Report on Mueller Water Products, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Hollysys Automation Technologies, Ltd Research Report
On November 22, 2013, Hollysys Automation Technologies, Ltd. (Hollysys) announced that Dr. Jianfeng He, Chief Operating Officer and Mr. Baiqing Shao, Senior Vice President, Business Development were appointed as non-independent directors to the Company's Board of Directors, with effect from November 20, 2013. The Company informed that as a result of these appointments, the Board is comprised of seven members, including three non-independent directors and four independent directors. Dr. Changli Wang, Chairman of the Board of Hollysys, said, "We are very pleased and welcome Dr. He and Mr. Shao to the board. With their wealth of knowledge, skills and insights, we believe that they will help us to solidly drive our ongoing strategic initiatives going forward." The Full Research Report on Hollysys Automation Technologies, Ltd - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
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