03:45 PM EST - Ballard Power Systems : announced signing of an agreement with Volkswagen Group for a major Engineering Services contract to advance development of fuel cells for use in powering demonstration cars in Volkswagen's fuel cell automotive research program. The contract term is for four years, with an option for a two-year extension. The expected contract value is in the range of $60-100 million. Ballard Power Systems
shares T.BLD are trading up $0.46 at $1.33.
