Atlanta, GA – Scibility Media – 11/10/2014.
This article discusses two companies: Fuel Systems Solutions, Inc.(NASDAQ:FSYS) and Winthrop Realty Trust(NYSE:FUR)
Fuel Systems Solutions, Inc.(NASDAQ:FSYS) reported its third quarter financial results on Nov. 6th, 2014. The figures included a total revenue of $85.1 million, a $12.5 million decrease from the $97.6 million mark recorded during the same period of the previous fiscal year. Fuel Systems Solutions’s industrial revenue also decrease by $4.5 million. Additionally, the company also reported a gross profit figure of $20 million.
The New York-based company designs, manufactures, and supplies products to be used in the transportation, industrial, and power generation industries. Specifically, Fuel Systems Solutions’ components and systems are used to control the pressure and flow of gaseous alternative fuels, including propane.
Winthrop Realty Trust(NYSE:FUR) also reported its third quarter results this past week. During the period, the company sold a variety of assets, including its interest in the Fenway Wateridge of $2.38 million and 223 W. Jackson in Chicago, Illinois for $5.77 million.
The Massachusetts-based real estate investment trust owns and manages real property and real estate-related assets. Additionally, Winthrop Realty Trust also engages in the ownership of loans receivable and preferred equity investments.
The stock traded for as much as $17.14 on Friday, Nov. 7th, a figure which represents a new 52 week low for the company. This figure suggests that Winthrop Realty Trust is trending upward in the eyes of traders.
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