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FuelCell

3.84

-0.0150-0.39%

Volume:639.15K

Turnover:2.42M

Market Cap:81.01M

PE:-0.50

High:3.92

Open:3.83

Low:3.67

Close:3.85

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Overview Company News Filings

TechnipFMC to Develop First Major Subsea Project Offshore Suriname

Why Investors Need to Take Advantage of These 2 Oils-Energy Stocks Now

FuelCell Energy Inc. Stock Falls Friday, Underperforms Market

XOM Announces Workforce Restructuring Plans Post Pioneer Merger

PBR's Boaventura UPGN Starts First Phase of Commercial Operations

Sector Update: Energy Stocks Ease in Friday Afternoon Trading

MT Newswires Live

FuelCell Energy To Cut 17% Workforce Amid Slow Clean Energy Investments

Shares of Fuelcell Energy up About 25% After Restructuring Plans, Including Job-Cuts

THOMSON REUTERS

BUZZ-FuelCell Energy rises on cost-cutting plans

FuelCell Energy surges on restructuring plan to include 17% workforce cut

FuelCell Energy Restructures to Cut Costs by 15% in 2025

MT Newswires Live

FuelCell Energy To Cut Additional 13% Of Workforce Amid Slower Clean-Energy Investments

FuelCell Energy to cut 17% of its staff as part of a global restructuring plan

FuelCell announces global restructuring, to reduce workforce by 17%

BRIEF-FuelCell Energy Announces Global Restructuring, Focusing Core Technologies On Distributed Power Generation, Grid Resiliency, And Data Center Growth

Fuelcell Energy Announces Global Restructuring, Focusing Core Technologies on Distributed Power Generation, Grid Resiliency, and Data Center Growth

THOMSON REUTERS

Fuelcell Energy : Workforce Reduction Does Not Impact Fuelcell Energy's Carbonate Manufacturing Capabilities at Its Torrington, Connecticut, Facility

THOMSON REUTERS

Fuelcell Energy - Expects to Book Non-Recurring Accounting Charges in Q4 of 2024, Q1 of FY 2025 as Result of Workforce Reductions

THOMSON REUTERS

Fuelcell Energy Inc: Company to Reduce Total Operating Costs by an Estimated 15% in Fiscal Year 2025

THOMSON REUTERS

FuelCell Energy Announces Global Restructuring, Focusing Core Technologies on Distributed Power Generation, Grid Resiliency, and Data Center Growth

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It also provides flexible risers and umbilical equipment packages. FTI’s scope of work in the contract is valued at over $1 billion.Saipem’s contract covers the engineering, procurement, supply, construction, and installation of subsea infrastructure, including umbilicals, risers, and flowlines. The company is also responsible for pre-commissioning work and supporting the commissioning and start-up of the Subsea Umbilicals, Risers, and Flowlines  package.S","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/Eam6i7HWkPQHekdVzJrT6A--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/c6969322c4ce954b3916fa05dd6dc81d","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/Eam6i7HWkPQHekdVzJrT6A--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/c6969322c4ce954b3916fa05dd6dc81d"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/technipfmc-develop-first-major-subsea-190400318.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LU0054578231.USD","SAPMF","BK4096","SAPMY","LU0053671581.USD","LU0300736492.USD","SND","LU0300736062.USD","BK4541","FTI","NINE","FCEL","BK4179"],"gpt_icon":0},{"id":"2484672931","title":"Why Investors Need to Take Advantage of These 2 Oils-Energy Stocks Now","url":"https://stock-news.laohu8.com/highlight/detail?id=2484672931","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2484672931?lang=en_us&edition=fundamental","pubTime":"2024-11-18 22:00","pubTimestamp":1731938402,"startTime":"0","endTime":"0","summary":"Wall Street watches a company's quarterly report closely to understand as much as possible about its recent performance and what to expect going forward. Of course, one figure often stands out among the rest: earnings.We know earnings results are vital, but how a company performs compared to bottom line expectations can be even more important when it comes to stock prices, especially in the near-term. This means that investors might want to take advantage of these earnings surprises.The Zacks Earnings ESP is more formally known as the Expected Surprise Prediction, and it aims to grab the inside track on the latest analyst estimate revisions ahead of a company's report. The idea is relatively intuitive as a newer projection might be based on more complete information. The ESP is calculated by comparing the Most Accurate Estimate to the Zacks Consensus Estimate, with the percentage difference between the two giving us the Zacks ESP figure.FuelCell Energy, Inc.  : Free Stock Analysis Repo","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/hYDVEF34jJNULlluFRTwjg--~B/aD05MDA7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/39dfb058875b6e691de9136bc97a47b4","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/hYDVEF34jJNULlluFRTwjg--~B/aD05MDA7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/39dfb058875b6e691de9136bc97a47b4"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/why-investors-advantage-2-oils-140002193.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["IE0002270589.USD","LU1917777945.USD","BK4096","BK4541","ISBC","LU0154245673.USD","LU0256331488.USD","BK4566","LU1974910355.USD","LU0742534661.SGD","IE00B19Z3B42.SGD","BK4179","IE00B19Z3581.USD","LU0011850046.USD","LU2023250843.SGD","BK4585","LU0251131958.USD","BK4588","LU0211331839.USD","FCEL","BKR","LU1153585028.USD","BK4211","LU0154245756.USD","LU2106854487.HKD","IE00B7SZLL34.SGD","LU0251142724.SGD","LU2023250504.SGD","LU0048573561.USD","LU2463526074.USD"],"gpt_icon":0},{"id":"2483539012","title":"FuelCell Energy Inc. Stock Falls Friday, Underperforms Market","url":"https://stock-news.laohu8.com/highlight/detail?id=2483539012","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483539012?lang=en_us&edition=fundamental","pubTime":"2024-11-16 06:25","pubTimestamp":1731709500,"startTime":"0","endTime":"0","summary":"This article was automatically generated by MarketWatch using technology from Automated Insights.Shares of FuelCell Energy Inc.  plunged 12.13% to $6.16 Friday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index  falling 2.24% to 18,680.12 and Dow Jones Industrial Average  falling 0.70% to 43,444.99.The stock's fall snapped a two-day winning streak.FuelCell Energy Inc. closed $49.04 below its 52-week high , which the company reached on December 27th.Trading volume  eclipsed its 50-day average volume of 1.0 M.Data source: Dow Jones Market Data, FactSet. Data compiled November 15, 2024.This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["FCEL"],"gpt_icon":0},{"id":"2483580982","title":"XOM Announces Workforce Restructuring Plans Post Pioneer Merger","url":"https://stock-news.laohu8.com/highlight/detail?id=2483580982","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483580982?lang=en_us&edition=fundamental","pubTime":"2024-11-16 03:37","pubTimestamp":1731699420,"startTime":"0","endTime":"0","summary":"Exxon Mobil CorporationXOM, the U.S.-based oil and gas giant, has announced its plans to lay off 397 Pioneer Natural Resources employees following the latter’s acquisition earlier this year. In May 2024, XOM acquired Pioneer Natural Resources in a transaction worth $63 billion.Following this, Exxon Mobil became the largest oil and gas producer in the prolific Permian Basin. The company benefited from integrating Pioneer’s assets into its portfolio. XOM’s production reached an all-time high in almost 10 years due to contributions from the acquisition.The job cuts represent nearly 20% of Pioneer Resources’ pre-merger workforce. Exxon Mobil stated that it will provide an additional update regarding its plans for the Permian region and Pioneer’s integration into its portfolio in a presentation scheduled for Dec. 11, 2024.Nine Energy Serviceprovides onshore completion and production services for unconventional oil and gas resource development. The company operates across key prolific basins","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/lRJcVaxIUo4SyNPNmzHlAg--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/06b517065fbf207fefca9607afefe427","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/lRJcVaxIUo4SyNPNmzHlAg--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/06b517065fbf207fefca9607afefe427"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/xom-announces-workforce-restructuring-plans-193700030.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LU0795875086.SGD","LU1582986359.USD","LU0654597011.USD","SG9999001440.SGD","LU1430597077.USD","LU1732800096.USD","LU1489326972.SGD","SG9999002232.USD","NINE","LU0795875169.SGD","BK4212","SG9999002224.SGD","LU0278409577.USD","LU1732799900.SGD","POST","LU0068578508.USD","LU0300736062.USD","FCEL","LU0170899867.USD","BK4550","LU1839511570.USD","LU1582987324.SGD","LU1582987597.SGD","SG9999002521.SGD","IE00BWXC8680.SGD","LU0630314457.HKD","SG9999015341.SGD","BK4179","IE00B1XK9C88.USD","LU0912757837.SGD","LU1066051498.USD","LU2087621335.USD","LU0320765646.SGD","BK4588","LU0149725797.USD","LU1162221912.USD","LU0433182093.SGD","IE00BGHQF524.EUR","LU2133065610.SGD","BK4592","IE000M9KFDE8.USD","SND","XOM","LU0345781412.USD","LU0612318971.USD","LU1267930813.SGD","IE00B2Q91V27.USD","LU0683600562.USD","LU1150488218.USD","LU0787776722.HKD"],"gpt_icon":0},{"id":"2483538147","title":"PBR's Boaventura UPGN Starts First Phase of Commercial Operations","url":"https://stock-news.laohu8.com/highlight/detail?id=2483538147","media":"Zacks","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483538147?lang=en_us&edition=fundamental","pubTime":"2024-11-16 03:37","pubTimestamp":1731699420,"startTime":"0","endTime":"0","summary":"Petrobras S.A.PBR, a Brazilian state-owned energy company, has announced the startup of the first phase of commercial operations at its new natural gas processing plant  at the Boaventura energy complex . The complex, located in Rio de Janeiro, Brazil, is part of the Route 3 integrated project . The Route 3 integrated project in Brazil is being developed to increase transportation and processing capacity for the gas being extracted from the pre-salt fields in the Santos Basin offshore Brazil.The Boaventura UPGN receives gas from the PIR3 pipeline with a transportation capacity of 18 million cubic meters per day. The gas processing facility can process the feedstock received into at least three derivatives. Petrobras noted that the gas is not only processed into natural gas and LPG but also into C5+, a valuable raw material used in the petrochemical and fuel producing industries.The Role of Boaventura UPGN in Brazil’s Energy Security","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/WF8ImzSIuwl3NJbxatI06Q--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/5e39cd5333090cde230c0f65b9c52411","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/WF8ImzSIuwl3NJbxatI06Q--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/5e39cd5333090cde230c0f65b9c52411"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/pbrs-boaventura-upgn-starts-first-193700906.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4201","LU0072463663.USD","LU1515016050.SGD","LU0651947912.USD","SND","BK4096","BK4548","IE00B1B80R65.USD","LU0256859116.SGD","NINE","LU1051768304.USD","BK4585","LU0651946864.USD","BK4588","BK4179","LU0106259046.USD","LU0788109048.HKD","LU1051769294.HKD","LU0572108347.SGD","FCEL","PBR","BK4541","LU0265266980.USD"],"gpt_icon":0},{"id":"2483585623","title":"Sector Update: Energy Stocks Ease in Friday Afternoon Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=2483585623","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483585623?lang=en_us&edition=fundamental","pubTime":"2024-11-16 02:38","pubTimestamp":1731695898,"startTime":"0","endTime":"0","summary":"Energy stocks were decreasing Friday afternoon, with the NYSE Energy Sector Index down 0.3% and the Energy Select Sector SPDR Fund (XLE) shedding 0.2%.The Philadelphia Oil Service Sector index fell 1.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK4096","BK4570","BK4585","FCEL","BK4172","XLE","SOC","BK4588","SOC.AU","BK4213","BK7061","BK4541","CWCO"],"gpt_icon":0},{"id":"2483989302","title":"FuelCell Energy To Cut 17% Workforce Amid Slow Clean Energy Investments","url":"https://stock-news.laohu8.com/highlight/detail?id=2483989302","media":"MT Newswires","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483989302?lang=en_us&edition=fundamental","pubTime":"2024-11-16 00:03","pubTimestamp":1731686635,"startTime":"0","endTime":"0","summary":"FuelCell Energy  said Friday it will cut 17% of its workforce as part of a global restructuring plan aimed at reducing costs amid slower-than-expected clean energy investments.The restructuring plan, which affects operations in the US, Canada and Germany, aims to protect the fuel-cell technology company's competitive position and sharpen its focus on core technologies. FuelCell said it expects to reduce operating costs by roughly 15% year over year in fiscal 2025. The layoffs announced on Friday include staff let go in September, the company said.FuelCell reduced its workforce by 4% in September, Chief Financial Officer Michael Bishop told analysts in a conference call at the time to discuss fiscal third-quarter results.\"We have always known that the energy transition would not be linear, and we have built a portfolio of products and applications that allow FuelCell Energy to pivot when necessary,\" Chief Executive Jason Few said in the Friday statement. \"The steps announced today enabl","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/z9jqA0wVHmyGj3FJd0ENNw--~B/aD02ODE7dz0xMDI0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/mt_newswires_premium_news_706/99eca10cf23e0ab4af966da40be3874a","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/z9jqA0wVHmyGj3FJd0ENNw--~B/aD02ODE7dz0xMDI0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/mt_newswires_premium_news_706/99eca10cf23e0ab4af966da40be3874a"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/fuelcell-energy-cut-17-workforce-160355643.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4096","FCEL","BK4541"],"gpt_icon":0},{"id":"2483137037","title":"Shares of Fuelcell Energy up About 25% After Restructuring Plans, Including Job-Cuts","url":"https://stock-news.laohu8.com/highlight/detail?id=2483137037","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483137037?lang=en_us&edition=fundamental","pubTime":"2024-11-15 22:58","pubTimestamp":1731682709,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241115:nFWN3MM05E:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["FCEL","BK4096","BK4541"],"gpt_icon":0},{"id":"2483379744","title":"BUZZ-FuelCell Energy rises on cost-cutting plans","url":"https://stock-news.laohu8.com/highlight/detail?id=2483379744","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483379744?lang=en_us&edition=fundamental","pubTime":"2024-11-15 22:03","pubTimestamp":1731679391,"startTime":"0","endTime":"0","summary":"** Renewable power company FuelCell Energy's    shares rise ~17% to $8.19 premarket   ** Co says it aims to restructure its operations in the U.S., Canada and Germany to cut operating costs   ** Co expects operating costs to reduce by ~15% in FY2025, with a 17% total workforce reduction and spending cuts on product development and overhead costs   ** Says the initiative follows similar actions by peers amid uncertain government policies and aims to incentivize critical long-term, capital-intensive projects   ** Up to Thursday's close, stock has fallen ~85% YTD ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["FCEL"],"gpt_icon":0},{"id":"2483637092","title":"FuelCell Energy surges on restructuring plan to include 17% workforce cut","url":"https://stock-news.laohu8.com/highlight/detail?id=2483637092","media":"seekingalpha","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483637092?lang=en_us&edition=fundamental","pubTime":"2024-11-15 21:25","pubTimestamp":1731677143,"startTime":"0","endTime":"0","summary":"David McNew/Getty Images News FuelCell Energy  +20.1% pre-market Friday after it unveiled a global restructuring plan that will include cutting 17% of its staff. FuelCell  said the plan aims to reduce total operating costs by 15% in 2025, realign resources toward advancing its core technologies, and","market":"sg","thumbnail":"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1848426/image_1848426.jpg?io=getty-c-w750","type":0,"news_type":0,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1848426/image_1848426.jpg?io=getty-c-w750"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://seekingalpha.com/news/4294433-fuelcell-energy-surges-on-restructuring-plan-to-include-17-workforce-cut","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"seekingalpha_trending_news","symbols":["TQQQ","QLD","BK4541","NQmain","BK4096","SQQQ","QID","MNQmain","FCEL",".IXIC","PSQ"],"gpt_icon":0},{"id":"2483376015","title":"FuelCell Energy Restructures to Cut Costs by 15% in 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=2483376015","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483376015?lang=en_us&edition=fundamental","pubTime":"2024-11-15 21:23","pubTimestamp":1731677020,"startTime":"0","endTime":"0","summary":"FuelCell Energy  said Friday that it is restructuring its operations in the US, Canada, and Germany to help reduce costs by about 15% in the fiscal year 2025 compared with the previous year.The company intends to cut its workforce by 17% and reduce spending on product development and overhead.The company said the restructuring will also focus on expanding its Connecticut-manufactured molten carbonate technology and developing partnerships for multi-megawatt electrolyzer projects.FuelCell Energy said the plan will not affect existing customers or its manufacturing capabilities in Connecticut, and the company will add resources for its expanding South Korean market.It added that it would incur restructuring charges in Q4 and Q1 2025.Price: 0.3570, Change: +0.01, Percent Change: +2.35","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK4541","FCEL","BK4096"],"gpt_icon":0},{"id":"2483787443","title":"FuelCell Energy To Cut Additional 13% Of Workforce Amid Slower Clean-Energy Investments","url":"https://stock-news.laohu8.com/highlight/detail?id=2483787443","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483787443?lang=en_us&edition=fundamental","pubTime":"2024-11-15 20:59","pubTimestamp":1731675540,"startTime":"0","endTime":"0","summary":"FuelCell Energy will cut an additional 13% of its workforce as part of a restructuring in response to slower investments in clean energy.The Danbury, Conn., new-energy fuel-cell developer said that the changes would allow it to focus on commercially available technologies. The company said it would expand its molten carbonate technology, which its said could help meet increasing power demand driven by artificial intelligence data centers.FuelCell said in a regulatory filing that it would reduce its workforce by 75 employees. Along with cuts made earlier this year, the company has laid off about 17% of employees.The company expects the restructuring to slash operating costs by about 15% in fiscal 2025 compared with the prior year.FuelCell said it would continue to pursue carbon capture and remained confident in the market for its solid oxide technology for electrolysis and power generation. The company said it would look to develop additional partnerships that can meet demand for electr","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["FCEL","BK4096","BK4541"],"gpt_icon":0},{"id":"2483207493","title":"FuelCell Energy to cut 17% of its staff as part of a global restructuring plan","url":"https://stock-news.laohu8.com/highlight/detail?id=2483207493","media":"Dow Jones","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483207493?lang=en_us&edition=fundamental","pubTime":"2024-11-15 20:47","pubTimestamp":1731674820,"startTime":"0","endTime":"0","summary":"Shares of FuelCell Energy Inc.  rose 3.4% in premarket trading Friday, after the fuel-cell technology company announced a global restructuring plan that will include cutting 17% of its staff. The company said the plan targets cutting operating costs by 15% and realigning resources toward its core technologies, and to \"protect the company's competitive position amid slower-than-expected investments in clean energy.\" To put the workforce reduction in perspective, the company said in its latest annual report that it had 591 full- and part-time employees as of Oct. 31, 2023. A 17% cut to that workforce would equate to about 100 jobs. The company said the job cuts won't impact its carbonate manufacturing capabilities at its Torrington, Conn. The company expects to book charges related to the job cuts in the fourth quarter of 2024 and the first quarter of 2025, but did not provide an estimate of the charges. The stock, which underwent a 1-for-30 reverse stock split earlier this month to boos","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["FCEL","BK4541","BK4096"],"gpt_icon":0},{"id":"2483320482","title":"FuelCell announces global restructuring, to reduce workforce by 17%","url":"https://stock-news.laohu8.com/highlight/detail?id=2483320482","media":"TIPRANKS","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483320482?lang=en_us&edition=fundamental","pubTime":"2024-11-15 20:40","pubTimestamp":1731674412,"startTime":"0","endTime":"0","summary":"FuelCell (FCEL) Energy announced a global restructuring of its operations in the U.S., Canada, and Germany that aims to significantly reduce operat...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/fuelcell-announces-global-restructuring-to-reduce-workforce-by-17?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/fuelcell-announces-global-restructuring-to-reduce-workforce-by-17?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4096","FCEL","BK4541"],"gpt_icon":0},{"id":"2483320917","title":"BRIEF-FuelCell Energy Announces Global Restructuring, Focusing Core Technologies On Distributed Power Generation, Grid Resiliency, And Data Center Growth","url":"https://stock-news.laohu8.com/highlight/detail?id=2483320917","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483320917?lang=en_us&edition=fundamental","pubTime":"2024-11-15 20:38","pubTimestamp":1731674335,"startTime":"0","endTime":"0","summary":"BRIEF-FuelCell Energy Announces Global Restructuring, Focusing Core Technologies On Distributed Power Generation, Grid Resiliency, And Data Center GrowthNov 15 (Reuters) - 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Expects to Book Non-Recurring Accounting Charges in Q4 of 2024, Q1 of FY 2025 as  Result of Workforce Reductions","url":"https://stock-news.laohu8.com/highlight/detail?id=2483232773","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483232773?lang=en_us&edition=fundamental","pubTime":"2024-11-15 20:30","pubTimestamp":1731673803,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241115:nFWN3MM0IH:6","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["FCEL","BK4096","BK4541"],"gpt_icon":0},{"id":"2483222327","title":"Fuelcell Energy Inc: Company to Reduce Total Operating Costs by an Estimated 15% in Fiscal Year 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=2483222327","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483222327?lang=en_us&edition=fundamental","pubTime":"2024-11-15 20:30","pubTimestamp":1731673803,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241115:nFWN3MM0IH:3","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4541","BK4096","FCEL"],"gpt_icon":0},{"id":"2483820378","title":"FuelCell Energy Announces Global Restructuring, Focusing Core Technologies on Distributed Power Generation, Grid Resiliency, and Data Center Growth","url":"https://stock-news.laohu8.com/highlight/detail?id=2483820378","media":"GlobeNewswire","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483820378?lang=en_us&edition=fundamental","pubTime":"2024-11-15 20:30","pubTimestamp":1731673800,"startTime":"0","endTime":"0","summary":"Go-forward strategy will emphasize topline revenue growth and future profitability.Company to reduce total operating costs by an estimated 15% in fiscal year 2025. 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