FOX Translator
No data currently available.
No data currently available.
These gains don't cause pain. A capital gain is the amount of money you pocket by selling one of your investments for more than you paid for it. Technically, capital gains only count for what's called a capital asset, but that's really just anything you own for investment purposes. Stocks and bonds obviously qualify, but your house and household furnishings can also count.
For tax purposes, capital gains are classified as either long-term (held for more than one year) or short-term (held for less than one year) and there are different tax implications for how long you hold onto a capital asset. For most long-term capital gains, you're taxed no more than 15% of the value of the asset. Short-term gains get taxed as regular income, so you pay the rate for the tax bracket you're in.
Capital gains can also be realized or unrealized. When you physically sell an asset like a stock, you've realized the capital gain. When you're holding the stock, and it has a value over its purchase price, but you're not selling it, you've got an unrealized gain, and you won't realize it until you sell.
In a perfect world, we'd all have capital gains. But no one¿s that smart or lucky. When the value of an asset at sale is below what you've paid for it, it's called a capital loss. The good news is that the government lets you count that loss against any gains you've had, lowering the taxes you pay. In fact, many people who sell a stock that has risen far over their purchase price tend to sell some stinkers, too, at the same time for the tax benefit. This is known as a capital-loss offset.
Home / Markets / Industries / Energy
Thursday, June 26, 2008
Hydrogenics Provides Clean Energy Hydrogen Generation System to Shell-Hydrogen for California Hydrogen Highway
Comtex
MISSISSAUGA, ONTARIO, Jun 26, 2008 (MARKET WIRE via COMTEX) ----Hydrogenics Corporation (TSX: HYG) (NASDAQ: HYGS), a leading designer and manufacturer of hydrogen electrolyzers and fuel cell systems, today announced that it has provided an integrated hydrogen generation system to Shell Hydrogen LLC. The fueling station, which opened today in Los Angeles as part of California's Hydrogen Highway initiative, will generate hydrogen on site to service the increasing demands of hydrogen-powered consumer vehicles.
Hydrogenics provided an integrated hydrogen fueling station, based on its highly modular standard product line, including electrolyzer, compressor, storage, and dispensing systems. In order to meet the demanding space requirements of the fueling station, Hydrogenics implemented a canopy system where all the components are mounted on the roof of the station canopy, minimizing the footprint of the hydrogen station. In addition, Hydrogenics' electrolyzers produce hydrogen from water, providing the most environmentally friendly approach to hydrogen generation.
California is the most developed state in the U.S.A. in terms of Hydrogen energy, reflected by Governor Swartzeneger's promise of 200 Hydrogen refueling stations in California before he retires. "The experience gained in our 50-year history positions Hydrogenics to meet the rapid growth of the Hydrogen highway," said Daryl Wilson, President and CEO of Hydrogenics. "Our modular product offering is highly scaleable and configurable to meet widely varying requirements," added Wilson. Hydrogenics has installed over 30 fueling stations deriving hydrogen through electrolysis, which is the most environmentally friendly approach to hydrogen generation.
About Hydrogenics
Hydrogenics Corporation (www.hydrogenics.com) is a globally recognized developer and provider of hydrogen generation and fuel cell products and services, serving the growing industrial and clean energy markets of today and tomorrow. Based in Mississauga, Ontario, Canada, Hydrogenics has operations in North America, Europe and Asia.
CAUTION REGARDING FORWARD-LOOKING STATEMENTS
This release contains forward-looking statements within the meaning of the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Law of 1995. These statements are based on management's current expectations and actual results may differ from these forward-looking statements due to numerous factors, including changes in the competitive environment adversely affecting the products, markets, revenues or margins of Hydrogenics' business. Readers should not place undue reliance on Hydrogenics' forward-looking statements. Investors are encouraged to review the section captioned "Risk Factors" in Hydrogenics' regulatory filings with the Canadian securities regulatory authorities and the United States Securities and Exchange Commission for a more complete discussion of factors that could affect Hydrogenics' future performance. Furthermore, the forward-looking statements contained herein are made as of the date of this release, and Hydrogenics undertakes no obligations to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release. The forward-looking statements contained in this release are expressly qualified by this.
Contacts: Investor Contact: Hydrogenics Corporation Lawrence Davis, Chief Financial Officer (905) 361-3633 Email: investors@hydrogenics.com Website: www.hydrogenics.com
SOURCE: Hydrogenics Corporation
mailto:investors@hydrogenics.com http://www.hydrogenics.com
Copyright 2008 Market Wire, All rights reserved.
Market Snapshot
| Symbol | Last Price | Netchange | Volume |
|---|---|---|---|
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
