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Shares of FuelCell Energy Inc. surged Tuesday after the company reported a narrower fourth-quarter loss and an order for two power plants.
FuelCell stock rose $1.66, or 16.3 percent, to $11.86 in midday trading.

The company, which makes stationary fuel cells, beat Wall Street expectations by 2 cents, as it narrowed its fiscal fourth-quarter loss to 25 cents per share on increased sales and lower costs. It said Tuesday that South Korea's POSCO Power Corp. ordered two of its energy-efficient power plants.
JPMorgan analyst Brannon Cook reiterated an "Overweight" rating on the company's stock, saying he expects its revenues to climb further in 2008.

Labels: FCEL, FuelCell Energy Inc.

Here are 7 stocks for traders for Monday from TradingMarkets.com:
On Friday, Cascade (NYSE:CAE - News) fell 17% after announcing it may revise safety information for its biggest product, anemia drug Aransep. CAE's PowerRating (for Traders) is 4.
Imperial Sugar (NasdaqGM:IPSU - News) should report $0.34 EPS on Monday before the market opens. IPSU's PowerRating (for Traders) is 3.
Traders are watching for Vail Resorts (NYSE:MTN - News) to report -$0.79 EPS before the stock market opens on Monday. MTN's PowerRating (for Traders) is 4.
FuelCell Energy (NasdaqGM:FCEL - News) announces quarterly results on Monday afternoon, with analysts watching for -$0.27 EPS. FCEL's PowerRating (for Traders) is 4.
When H&R Block (NYSE:HRB - News) releases quarterly numbers on Monday after the bell, be looking for -$0.35 EPS. HRB's PowerRating (for Traders) is 4.
NCI Building Systems (NYSE:NCS - News) is looking to report $1.59 EPS on Monday after the market closes. NCS's PowerRating (for Traders) is 3.
Watch for SAIC (NYSE:SAI - News) to report $0.23 EPS on Monday afternoon. SAI's PowerRating (for Traders) is 5.

Labels: CAE, FCEL, HRB, IPSU, MTN, NCS, SAI, Stocks to Watch

At least three analyst downgrades weighed on shares of Openwave Systems Inc. in early trading Tuesday, after its board rejected a partial tender offer from a shareholder wanting to buy 49 percent of the company's outstanding shares.
Shares of Openwave dropped $1.74, or 16.8 percent, to $8.63 in premarket electronic trading, from their $10.37 finish in Monday's regular trading session.
Openwave rejected the offer from Harbinger Capital Partners -- one of the company's largest shareholders -- and said it wasn't adequate. The offer valued Openwave at $8.30 per share. Bed Bath & Beyond Inc. also fell in the early session, after the home furnishings retailer warned that fiscal first-quarter earnings may miss Wall Street's expectations. Shares gave up $2.67, or 6.6 percent, to $37.80, from their $40.47 Monday close.
American Woodmark Corp., which makes kitchen cabinets and vanities, blamed a sluggish homebuilding market for its sharp decline in fiscal fourth-quarter profit and sales. Shares declined $2.02, or 5.3 percent, to $35.90, from their close at $37.92 on Monday.
Meanwhile, FuelCell Energy Inc. shares rose 20 cents, or 3 percent, to $7.58 premarket. Shares of FuelCell ended at $7.38 on Monday.
News continued to flow from a major cancer meeting in Chicago, where Canadian biotechnology company Oncolytics Biotech Inc. said cancer treatment candidate Reolysin showed positive results in an early stage study. In premarket trading, the stock rose 33 cents, or 15.9 percent, to $2.41, from their $2.08 close Monday.
Source: AP

Labels: AMWD, BBBY, FCEL, ONCY, OPWV