Struggling fuel cell maker Ballard Power (BLDP) is down 4.5% AH after warning it expects 2012...

|About: Ballard Power Systems, Inc. (BLDP)|By:, SA News Editor

Struggling fuel cell maker Ballard Power (BLDP) is down 4.5% AH after warning it expects 2012 revenue of $85M and adjusted EBITDA of -$5M, below prior guidance of $100M and breakeven. Ballard blames delayed Brazilian and European bus orders; longer-than-expected contract negotiations with the City of Sao Paolo (previous) are taking a toll in the former case. (PR)