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Movers: Capstone Turbine Corporation (NASDAQ:CPST), American Apparel Inc. (NYSEMKT:APP), You On Demand Holdings, Inc. (NASDAQ:YOD)

Boston, MA 03/05/2014 (wallstreetpr) РCapstone Turbine Corporation (NASDAQ:CPST) soared Tuesday on good news that the company received two orders to deliver one Capstone C1000 and another two Capstone C800s. These will be used in two hospitals in Southern California. This deal totals about 2.6 megawatts of energy and its commissioning is expected in late 2014. CPST manufactures microturbines for energy systems and it is a leading player in the clean energy technology. The company’s focus is in the emerging market. But even with focus on growth potential areas, the company was not able to grow its revenue in 2013. In fact, it lost $12.9 million. That said, investors are wise to keep a close eye on this stock over the next several weeks or until it makes profit. Shares of Capstone Turbine Corporation (NASDAQ:CPST) gained more than 16 percent to $1.88 in the last trading session.

American Apparel Inc. (NYSEMKT:APP) is reopening its facility that has been lying idle in Covington County. And that means good news for Covington and more specially, Opp. The facility was closed about a year ago and people lost jobs as a result. APP chief executive Chuck Lambert hopes that they will be able to hire back as many people as worked in the plant before its operations were halted. Shares of American Apparel Inc. (NYSEMKT:APP) were up almost 16 percent to $0.87 in the last session. It is being reported that bringing back the Opp facility online was characterized by a lot of behind the scenes maneuvers which were all aimed at ensuring that lost jobs were brought back. American Apparel Inc. (NYSEMKT:APP) will use the Opp facility for the manufacturing of Marine Corps military trousers. This comes as the company closed an agreement with Woolrich, Inc. to transfer this project to it.

You On Demand Holdings, Inc. (NASDAQ:YOD), a media operator and formerly known as China Broadband, was a mover on Nasdaq in the last session. The stock gained almost 16 percent to $5.79 Tuesday, on a day that the stock sank to a low of $4.91 and escalated to a high of $5.80. You On Demand Holdings, Inc. (NASDAQ:YOD) traded a higher than normal share volume in the Tuesday session.

Published by Duncan Oleinic

Duncan Oleinic is from New Yourk. After graduating with a degree in physics, he began his career as an analyst in a broking firm. Through this experience he was able to advance to the role of correspondent for a U.S based financial news provider, where he worked from 2001 to 2007. He subsequently joined a merchant banking firm as a financial analyst focused on valuing unlisted companies in the sub-continent. Over the course of his two years here, he performed valuations of several media companies which were later acquired by peers.



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