Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
BUZZ-FuelCell Energy appoints new Chief Financial Officer; stock price hit

BUZZ-FuelCell Energy appoints new Chief Financial Officer; stock price hit

路透社路透社2026/10/07 13:16
Show original

On October 7 - FuelCell Energy (FCEL.O) shares fell 7.3% in pre-market trading to $19.15. The company appointed Matthew Latino as Chief Financial Officer as part of a planned leadership transition; he will replace Michael Bishop. Latino previously worked at water technology company Xylem (XYL.N), serving as Senior Vice President of Finance and CFO of its Measurement & Control Solutions segment. Michael Bishop will remain as Senior Advisor until the FCEL 2027 annual shareholder meeting to support the leadership transition. Among 11 brokers, 6 rate the stock as "buy" or higher, 3 as "hold," and 2 as "sell"; the median target price is $22, according to LSEG compiled data. As of yesterday's close, the stock has risen more than 180% year-to-date.

- ** FuelCell EnergyFCEL.O shares fell 7.3% in premarket trading, to $19.15

** The company has appointed Matthew Latino as Chief Financial Officer, as part of a planned leadership transition. He will replace Michael Bishop

** Latino previously worked at water technology company Xylem XYL.N as Senior Vice President of Finance and CFO of its Measurement & Control Solutions business

** Michael Bishop will remain as Senior Advisor until FCEL's 2027 Annual Shareholders Meeting to support the leadership transition

** Of 11 brokerages, 6 rate the stock as “buy” or higher, 3 as “hold,” and 2 as “sell”; the median target price is $22—LSEG compiled data

** As of yesterday’s close, the stock has risen more than 180% year-to-date


(For the convenience of non-native English speakers, Reuters has automatically translated its reports into several other languages. As automated translation may contain errors or lack context, Reuters does not guarantee the accuracy of the automated translation. It is provided solely for reader convenience. Reuters accepts no liability for any damages or losses that may result from use of the automated translation feature.)

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

TD Synnex to Acquire BlueStar

11:10 AM EDT, 10/07/2026 (MT Newswires) -- TD Synnex (SNX) said Wednesday it agreed to acquire BlueStar, a specialty technology distributor. Financial terms of the transaction were not disclosed. The deal will combine BlueStar's specialized expertise and portfolio with TD Synnex's global reach and resources, expanding opportunities for customers and vendors. TD Synnex and BlueStar will continue operating independently until the transaction closes. Shares of TD Synnex were down more than 2% in Wednesday trading. Price: 272.39, Change: -6.00, Percent Change: -2.15

MT newswire•2026/10/07 15:10

Dow Jones Top Financial Services Headlines at 11 AM ET: Venture Firm Behind Chip Startup Groq Targets $10 Billion Megafund | How ...

Venture Firm Behind Chip Startup Groq Targets $10 Billion Megafund Winning bets on hot AI startups are vaulting a little-known Dallas firm into a small group of firms raising gigantic funds. ---- How one trend-following fund outperformed rivals by bringing humans back into the decision-making process One trend-following fund has outperformed rivals this year by deciding to take profits. ---- Financial Services Roundup: Market Talk Find insight on Tower, Banco Santander and more in the latest Market Talks covering financial services. ---- Wall Street Bonuses Are Expected to Hit Another High This Year New York reports that the industry is now on pace for $90 billion in profits this year, leading to higher compensation. ---- Fintech Plaid Bets on Credit Scores to Fuel Next Phase of Growth EXCLUSIVE: Plaid is doubling down on its credit-scoring business with new AI models as the company aims to chart its next era of growth with a suite of products beyond its core business. ---- Companies Raise More Than $1 Trillion in Equity Markets, But AI, Bond Yields Sour Mood Markets had been expecting a bumper quarter following an ebullient start to the year crowned by SpaceX's record-breaking IPO. ---- Forbion Raises $2.6 Billion in Boost to European Biotech Industry Dutch haul comes despite European drugmakers and investors warning the region is losing ground. ---- Hackers Use Chinese AI Tool to Hit South Korean Banks, Exposing New Risk The attacks were the latest to highlight the vulnerability of even hardened targets to hackers using freely available artificial-intelligence tools. ---- KKR Strikes Deal to Buy Private-Capital Fund Administrator Gen II Private-capital funds have proliferated in recent years as investors seek to reduce reliance on public markets. ---- NYSE Owner Launches Gold Futures in London The contract began trading Monday alongside new futures for silver, platinum and palladium. ---- Dan Ives Launches Another AI Fund Amid Conflict of Interest Questions A new closed-end fund carrying Dan Ives' name seizes o

Dow Jones•2026/10/07 15:00

French political crisis impacts European bank stocks! Société Générale (SCGLY.US) and Deutsche Bank (DB.US) fall over 5%. JPMorgan says the pullback may offer entry opportunities.

European bank stocks faced another round of sell-off on Wednesday, with Societe Generale and Deutsche Bank shares both dropping by more than 5% at one point.

智通财经•2026/10/07 14:47

BUZZ - BKV shares rise due to equipment supply agreement for Texas power project

On October 7, natural gas producer BKV Corp (BKV.N) saw its shares rise by 10.3% to $24.33 after the company signed an equipment supply agreement for a planned gas-fired power generation project in Texas. This project is backed by a cost support agreement with a hyperscale cloud services provider. The supplier will provide approximately 1,200 megawatts of power generation equipment, with deliveries beginning in September 2028. The cost support agreement covers about 90% of the payments BKV is due to make under the equipment supply contract by March 31, 2027. All 11 brokerages have rated the stock "buy" or higher, with a median target price of $35, according to data compiled by LSEG. Including intraday fluctuations, BKV shares are down 10.5% year-to-date. (For the convenience of non-English speakers, Reuters provides automated translations of its reports into several languages. Since automated translation may contain inaccuracies or fail to capture intended context, Reuters does not guarantee the accuracy of such translations and provides them solely for readers' convenience. Reuters accepts no liability for any damages or losses arising from the use of automated translation features.)

路透社•2026/10/07 14:41