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STOCK FUTURES DRIFT SIDEWAYS, HOVERING NEAR RECORD LEVELS

Corporate earnings have so far exceeded Wall Street's lofty expectations amid cost-cutting, pick-up in revenue

Biden, Harris deliver remarks at the start of the Leaders Summit on Climate

President Biden and Vice President Kamala Harris deliver remarks at the start of the Leaders Summit on Climate.

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  • FuelCell Energy Celebrates Earth Day; Announces Significant 12 Million MWH Generated Milestone

    Delivered 12 Million MWH of environmentally responsible powerDelivered power avoided over one and a half million tons of CO2 emissions, equivalent to taking 320,000 cars off the roadSignificant milestone in FuelCell Energy’s contribution to decarbonization and reducing the impact of power generation on our global climateDeveloping the most complete line of fuel cell based sustainable solutions DANBURY, Conn., April 22, 2021 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) -- a global leader in fuel cell technology with a purpose of utilizing its proprietary, state-of-the-art fuel cell platforms to enable a world empowered by clean energy— in celebration of Earth Day, today announced achievement of a significant clean power milestone by delivering more than 12 million megawatt hours from its SureSource™ fuel cell power platforms globally since its first commercial installation. SureSource™ plants are currently installed and operating on three continents, with many owned by leading utility companies and educational, pharmaceutical, medical, commercial, and industrial enterprises from around the world that recognize the benefit of clean, resilient, continuous power. As an example, FuelCell Energy provides value beyond power to Pfizer Inc., delivering on-site power reliability and steam for its Connecticut research and development campus. We are proud to serve Pfizer Inc. and appreciate its effort in leading the Covid-19 vaccine development. In addition, FuelCell Energy serves global utilities who are committed to decarbonizing the electricity grid. Our fuel cells are one of the most essential technologies needed to drive today’s global energy transition. “Twelve million megawatt hours is another major milestone along FuelCell Energy’s journey to deliver its customers clean, baseload power and energy savings, improve our global atmosphere, and provide other value from our platforms such as hydrogen, water, and carbon separation,” said Jason Few, President and CEO of FuelCell Energy. “Our fuel cell platform provides differentiated clean energy solutions to meet customer’s energy needs, cost savings goals, and reduction of Scope 1, 2, and 3 emissions. Our platforms are multi-fuel capable and are designed to leverage zero-carbon solutions through the use of onsite biofuels or our carbon separation technology. FuelCell Energy’s platforms produce virtually no pollutants, with only negligible NOx, SOx and particulates that lead to dangerous air quality and public health issues.” Jason Few continued, “Additionally, continuing FuelCell Energy’s commitment to sustainable practices, the Company is certified under the ISO 14001:2015 standard. Continued attainment of this certification demonstrates our adherence to the established environmental management system standard. Our products have the potential to significantly improve the lives of people around the world, and our actions and practices inside our Company are taken just as seriously as the solutions we provide globally.” “Lastly, we are extremely excited about the development of new platform solutions to be added to our commercial offerings. We are working toward delivering to our customers the most complete, fuel cell-based solutions portfolio. In the future, we will be able to offer megawatt and sub-megawatt distributed generation globally, hydrogen-based energy storage, and multiple platforms that produce hydrogen (including through highly efficient electrolysis), enabling the evolving hydrogen powered transportation, power generation, and industrial sectors. In addition, our work with ExxonMobil Research and Engineering to develop large-scale carbon capture, and our commercially available proprietary SureSource Treatment™ Biogas gas cleanup system, FuelCell Energy is positioned to be a significant solutions provider in a world committed to a more sustainable future. We are extremely proud that our milestone achievements are announced in tandem with Earth Day, further cementing the value of our platforms and the power of the possibilities we can create through continued partnerships with our global stakeholders.” While operating on biogas, SureSource™ fuel cell systems are typically classified as carbon-neutral, or in some cases carbon negative, by regulatory agencies. According to the United States Environmental Protection Agency (EPA) greenhouse gas equivalency calculations, the low-carbon, clean twelve million megawatt hours cumulatively generated from SureSource™ fuel cells in comparison to the U.S. grid is equivalent to avoiding more than one and a half million tons of CO2 and more than three thousand tons of nitrogen oxides. These are reductions equivalent to taking 320,000 cars off the road each year. About FuelCell Energy FuelCell Energy, Inc. (NASDAQ: FCEL) FuelCell Energy is a global leader in sustainable clean energy technologies that address some of the world’s most critical challenges around energy, safety and global urbanization. As a leading global manufacturer of proprietary fuel cell technology platforms, FuelCell Energy is uniquely positioned to serve customers worldwide with sustainable products and solutions for businesses, utilities, governments and municipalities. Our solutions are designed to enable a world empowered by clean energy, enhancing the quality of life for people around the globe. We target large-scale power users with our megawatt-class installations globally, and currently offer sub-megawatt solutions for smaller power consumers in Europe. To provide a frame of reference, one megawatt is adequate to continually power approximately 1,000 average sized U.S. homes. We develop turn-key distributed power generation solutions and operate and provide comprehensive service for the life of the power plant. Our fuel cell solution is a clean, efficient alternative to traditional combustion-based power generation, and is complementary to an energy mix consisting of intermittent sources of energy, such as solar and wind turbines. Our customer base includes utility companies, municipalities, universities, hospitals, government entities/military bases and a variety of industrial and commercial enterprises. Our leading geographic markets are currently the United States and South Korea, and we are pursuing opportunities in other countries around the world. FuelCell Energy, based in Connecticut, was founded in 1969. SureSource, SureSource 1500, SureSource 3000, SureSource 4000, SureSource Recovery, SureSource Capture, SureSource Hydrogen, SureSource Storage, SureSource Service, SureSource Treatment, SureSource Capital, FuelCell Energy, and FuelCell Energy logo are all trademarks of FuelCell Energy, Inc. Forward-Looking Statements This news release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, statements with respect to the Company’s anticipated financial results and statements regarding the Company’s plans and expectations regarding the continuing development, commercialization and financing of its fuel cell technology and its business plans and strategies. All forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected. Factors that could cause such a difference include, without limitation, changes to projected deliveries and order flow, changes to production rate and product costs, general risks associated with product development, manufacturing, changes in the regulatory environment, customer strategies, ability to access certain markets, unanticipated manufacturing issues that impact power plant performance, changes in critical accounting policies, access to and ability to raise capital and attract financing, potential volatility of energy prices, rapid technological change, competition, the Company’s ability to successfully implement its new business strategies and achieve its goals, the Company’s ability to achieve its sales plans and cost reduction targets, changes by the U.S. Small Business Administration or other governmental authorities to, or with respect to the implementation or interpretation of, the Coronavirus Aid, Relief, and Economic Security Act, the Paycheck Protection Program or related administrative matters, and concerns with, threats of, or the consequences of, pandemics, contagious diseases or health epidemics, including the novel coronavirus, and resulting supply chain disruptions, shifts in clean energy demand, impacts to customers’ capital budgets and investment plans, impacts to the Company’s project schedules, impacts to the Company’s ability to service existing projects, and impacts on the demand for the Company’s products, as well as other risks set forth in the Company’s filings with the Securities and Exchange Commission. The forward-looking statements contained herein speak only as of the date of this press release. The Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any such statement to reflect any change in the Company’s expectations or any change in events, conditions or circumstances on which any such statement is based. Contact: FuelCell Energy, Inc.ir@fce.com203.205.2491 Source: FuelCell Energy

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  • Trudeau pledges to cut emissions by 40% to 45% by 2030, short of U.S. goal

    OTTAWA — Prime Minister Justin Trudeau is promising Canada will slash its greenhouse gas emissions by 40 to 45 per cent within the next decade. The cut applies to 2005 emission levels. The new target is higher than the 36 per cent reduction the government says it can achieve under existing measures by 2030, and the 30 per cent goal Canada initially agreed to under the Paris Agreement. Trudeau announced the higher target during a virtual climate summit of world leaders convened by United States President Joe Biden, who pledged to cut his country's emissions by 50 to 52 per cent by 2030. "If major economies in the room were to follow Canada's lead and adopt a rising price on pollution and commit to phase out coal plants, we would accelerate our global path for a safe, prosperous net-zero future," Trudeau said in a short address. Canada's new target falls short of the minimum 50- 60 per cent reduction climate groups and opposition parties said was needed to limit global warming to 1.5 C degrees. “After more than five years in office, the Trudeau government is still incapable of proposing a target as ambitious as that of Joe Biden, who took office just three months ago," Keith Stewart, a senior energy strategist with Greenpeace Canada said in a statement Thursday. He added there was no commitment to transition away from fossil fuels as Canada remains heavily tied to the oil and gas industry. Ahead of the summit, seven environmental groups released a report with modelling that said to limit global warming to 1.5 C degrees compared to pre-industrial levels, Canada should double the 30 per cent commitment it signed in the Paris Agreement. Clean Prosperity, a climate policy organization, has said it could see Canada adopt a new target of between 40 to 50 per cent in recognition of the economic challenges around a clean energy transition and people employed in the fossil fuel sector. NDP Leader Jagmeet Singh expressed concerns about the Liberals keeping their climate promises on Wednesday. "I am concerned that the Liberals will set a target and not meet it, and that's why we've been saying we need better accountability," Singh said. In a letter to Liberal Environment and Climate Change Minster Jonathan Wilkinson, Singh called for the government to adopt a 50 per cent goal, while the Greens say it should be 60. Conservative environment critic Dan Albas touted his own party's new climate plan, which for the first time contains a consumer carbon price. "The Liberal government has repeatedly announced new climate targets in the past six months without showing how they will actually reach them," Albas said in a statement. "Announcing targets is easy; showing how they will reach them is what matters." The summit comes as parliamentarians debate Bill C-12 which, if passed, would mean the federal environment minister has to set rolling, five-year targets for cutting carbon emissions starting in 2030 and ending in 2050. Before Thursday's event, Wilkinson penned a letter to federal party leaders asking them to say what they want Canada's new emissions target to be, and underscoring the need for co-operation on "raising our ambition." "Time is now running out," read the letter obtained by The Canadian Press. "New evidence continues to mount about an accelerating climate crisis, and the transition to a low-carbon economy has become a global sprint as countries compete to attract clean-growth investments and create the good middle class jobs of the 21st century." This report by The Canadian Press was first published on April 22, 2021. Stephanie Taylor, The Canadian Press

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  • Global Magnetic Beads Market By Magnetism, By Size, By Application, By Regional Outlook, Industry Analysis Report and Forecast, 2020 - 2026

    The Global Magnetic Beads Market size is expected to reach $2 billion by 2026, rising at a market growth of 12. 7% CAGR during the forecast period. Magnetic beads refer to a tool, which is made up of small particles of iron oxides like magnetite that provide superparamagnetic properties to these beads.New York, April 22, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Magnetic Beads Market By Magnetism, By Size, By Application, By Regional Outlook, Industry Analysis Report and Forecast, 2020 - 2026" - https://www.reportlinker.com/p06064808/?utm_source=GNW They do not attract one another when they are not in the ambit of the magnetic field, which is why they can be easily utilized without any stress about undesirable clumping. Magnetic bead separation is a fast, effective, and clear process which is used by scientists to substitute their filtration & centrifugation and separation methods. Magnetic beads & elements are used with antibodies, antigens, proteins, catalyzers, or nucleic acids, which allow them to bind together cells, viruses, bacteria, and other biological organisms.They are utilized to offer a reliable and simplified technique of refining various kinds of a biomolecule, like genomic DNA, plasmids, proteins, mitochondrial DNA, and RNA. The growing trend of protein sample preparation and protein purification will open new growth avenues for the magnetic beads market. Factors like shifting preference for in-vitro diagnostic testing, technological enhancements in magnetic beads, and the rising healthcare spending are likely to boost the growth of the magnetic beads market during the forecast period.Along with that, leading market players are putting high emphasis on introducing various new, advanced, innovative, and effective magnetic beads will spur the market demand. In addition, the COVID-19 pandemic has positively impacted the magnetic beads market because they are considered as the basic tool for research labs, due to which, they have witnessed a hike in their usage.Magnetism OutlookBased on Magnetism, the market is segmented into Ferrimagnetic and Superparamagnetic. The Ferrimagnetic market dominated the Global Magnetic Beads Market by Magnetism in 2019. The Superparamagnetic market is expected to witness a CAGR of 14.1% during (2020 - 2026).Size OutlookBased on Size, the market is segmented into Less than 5um, 5-20 um, 20-40 um and 40 um & above. The Less than 5um market dominated the Global Magnetic Beads Market by Size in 2019, growing at a CAGR of 12.1 % during the forecast period. The 5-20 um market is showcasing a CAGR of 11.7% during (2020 - 2026). Additionally, The 20-40 um market is estimated to grow at a CAGR of 14.9% during (2020 - 2026).Application OutlookBased on Application, the market is segmented into Next-generation Sequencing (NGS), Biomolecules Separation & Purification, Molecular & Immunodiagnostics and Others. The Biomolecules Separation & Purification market dominated the Global Magnetic Beads Market by Application in 2019, and would continue to be a dominant market till 2026. The Next-generation Sequencing (NGS) market is expected to witness a CAGR of 11.9% during (2020 - 2026).Regional OutlookBased on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa. Europe is anticipated to witness a promising growth rate during the forecast period. This growth is attributed to the increasing awareness among the population regarding health, which further spurred the demand for diagnostics and therapeutic solutions in this region. Moreover, the growing adoption of the product for the diagnosis and treatment of many medical conditions like cancer and brain tumor is estimated to fuel the demand for the product in the regional healthcare industry.The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Thermo Fisher Scientific, Inc., Merck Group, Bangs Laboratories, Inc. (Polysciences, Inc.), Spherotech, Inc., Promega Corporation, Zeesan Biotech Co., Ltd., Vazyme Biotech Co., Ltd., Magbio Genomics, Inc., Calbiotech, Inc. (Erba Diagnostics Ltd. Group), and New England BioLabs, Inc.Strategies deployed in Magnetic Beads MarketFeb-2021: Thermo Fisher came into an agreement with JW Therapeutics, a leading cell therapy company. The agreement was aimed to ensure non-exclusive commercial access to Thermo Fisher’s Gibco CTS Dynabeads CD3/CD28. The agreement would support the clinical development and commercial manufacturing of leading CAR-T (Chimeric Antigen Receptor T-Cells) therapies in China, including JW Therapeutics’ lead product relmacabtagene autoleucel ("relma-cel").Sep-2019: Merck introduced its official flagship store (merckls.1688.com) on Alibaba’s 1688.com. The store offers convenient online sales services to Chinese customers buying biochemical reagents and laboratory analytical reagents.May-2019: Thermo Fisher launched MagMAX Microbiome Ultra Nucleic Acid Isolation Kit, an automation-Ready DNA and RNA Isolation Kit. The Kit is a new high-throughput sample processing tool. It is used in advance microbiome research. This kit helps in recovering RNA and DNA from the toughest, nastiest samples used in microbiome work, such as stool and soil samples.Jan-2018: Thermo Fisher announced seven year CAR-T tech with Juno Therapeutics. Under this agreement, the latter company uses the former company’s Cell Therapy Systems (CTS) technology for developing CAR T therapies for cancer treatments.Aug-2017: Merck announced an agreement to acquire Natrix Separations, a provider of hydrogel membrane products for single-use chromatography. This acquisition would complement Merck’s efforts in driving next- generation bioprocessing, ultimately allowing faster and more efficient technology for its customers.Scope of the StudyMarket Segments covered in the Report:By Magnetism• Ferrimagnetic• SuperparamagneticBy Size• Less than 5um• 5-20 um• 20-40 um• 40 um & aboveBy Application• Next-generation Sequencing (NGS)• Biomolecules Separation & Purification• Molecular & Immunodiagnostics• OthersBy Geography• North Americao USo Canadao Mexicoo Rest of North America• Europeo Germanyo UKo Franceo Russiao Spaino Italyo Rest of Europe• Asia Pacifico Chinao Japano Indiao South Koreao Singaporeo Malaysiao Rest of Asia Pacific• LAMEAo Brazilo Argentinao UAEo Saudi Arabiao South Africao Nigeriao Rest of LAMEACompanies Profiled• Thermo Fisher Scientific, Inc.• Merck Group• Bangs Laboratories, Inc. (Polysciences, Inc.)• Spherotech, Inc.• Promega Corporation• Zeesan Biotech Co., Ltd.• Vazyme Biotech Co., Ltd.• Magbio Genomics, Inc.• Calbiotech, Inc. (Erba Diagnostics Ltd. Group)• New England BioLabs, Inc.Unique Offerings • Exhaustive coverage• Highest number of market tables and figures• Subscription based model available• Guaranteed best price• Assured post sales research support with 10% customization freeRead the full report: https://www.reportlinker.com/p06064808/?utm_source=GNWAbout ReportlinkerReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.__________________________ CONTACT: Clare: clare@reportlinker.com US: (339)-368-6001 Intl: +1 339-368-6001

  • Red Indian Lake to be given Mi'kmaw name meaning 'peaceful lake'

    The provincial government has taken the first steps toward renaming a central Newfoundland lake Wantaqo'ti Qospem, which means "peaceful lake" in Mi'kmaw. A motion was introduced in the House of Assembly on Wednesday to rename Red Indian Lake, near Buchans. The move comes after consultations with Indigenous leaders throughout the province, according to Premier Andrew Furey. "I think [the name is] not reflective of where we should be in society right now, and it's an important symbol, albeit a symbol, in the path of reconciliation," Furey told reporters Wednesday afternoon. Chief Mi'sel Joe of the Miawpukek First Nation picked the new name, he said. The renaming comes ahead of plans to return the remains of a Beothuk couple to central Newfoundland. The remains of Nonosabasut and Demasduit have been held at The Rooms in St. John's since being returned to the province in March 2020, after spending almost 200 years in Scotland. Both Nonosabasut and Demasduit were buried by the lake, but their remains were taken by a Scottish explorer. The plan to return their remains to that land is still being discussed with Indigenous leaders, Furey said, with the lake renaming happening now so as not to hold up that work. "I think it would be inappropriate for our society to going down that path to placing remains there in an appropriate way when it was still called Red Indian Lake," he said. Indigenous Affairs and Reconciliation Minister Lisa Dempster called Wednesday "a proud day," and said it marks a step toward re-examining similar names across the province. "Part of my mandate letter was to look at symbolism and monuments around the province, so that those people who have been here before we have, that they see themselves in our rich history," Dempster said. Furey's predecessor, Dwight Ball, before leaving office, promised to review colonial monuments and also ditched "Discovery Day" as the name of the June holiday, to be renaming after Indigenous consultations. Furey said the lake's renaming continues that work, and goes beyond simply changing a name, "not just for change itself, but for education to the public on our Indigenous histories, and the fact that this is a part of changing some of the systemic issues that exist." Dempster said she was buoyed by positive dialogue between provincial government politicians and Indigenous leaders, about the lake name change "This is, I believe, just the beginning," she said. Read more from CBC Newfoundland and Labrador

  • Fan outrage at Super League ‘the strongest message’ says Mikel Arteta

    The Arsenal boss has received a personal apology from the club’s owners.