Capstone Squeezing Blood from a Turbine (CPST, AMAT) - 24/7 Wall Street

Microturbine maker Capstone Turbine Corporation (NASDAQ:CPST) has announced that it will eliminate an additional 22 professional positions as it continues to reduce expenses. Capstone had already fired 19 employees in February and canceled 16 open positions. The company said it will now employ 212 people, compared with 216 one year ago. Capstone’s microturbines are used in the construction of combined heat and power generation plants and hybrid electric vehicles.
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This hasn’t been a good week for alternative energy companies. Applied Materials Inc. (NASDAQ:AMAT) has announced that an order for its thin-film solar production equipment originally worth $1.9 billion had been reduced by the buyer to $250 million. Applied also said that has not yet “recognized any orders” in connection with either the original or the amended deal.

Joe Romm values the opinion of a cartoonist [with no training or publications in climate science] » Even Toles goes after George Will

Is there anyone left at the Post who backs Will...

Joe Romm doesn't value the opinion of a theoretical physicist [with no training or publications in climate science]

But that’s the beauty of being an 85-year-old theoretical physicist with no training or publications in climate science — you don’t have to concern yourself with the facts.