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GATX CFO Robert Lyons Says Gatx Isn't Interested In GE Rail-lease Unit 'In Total' -Bloomberg
Thursday, May 19, 2011 - 9:55am | 63GATX CFO Robert Lyons comments in telephone interview reports Bloomberg He says, "General Electric (NYSE: GE) is seeking new rail-car bids after 2008 sale effort failed... GATX (NYSE: GMT) isn't interested in GE rail-lease unit `in total'... GATX would look at parts of portfolio if buyer sells...
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CEOWORLD Top Leader Stocks ON 5/19/11- PHG, INTC, SPY, BIG, SLV, NBG, BP, TS, VOD, IWM
Thursday, May 19, 2011 - 8:59am | 1117Koninklijke Philips Electronics NV (PHG) is trading with Volume 556,100.00 from its previous day's close. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 27.53B. Royal Philips Electronics announced it is investing EUR 40 million...
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General Electric Repeats Year Revenue View And Expects Margins Down In 1H,should Improve Sequentially In 2H
Wednesday, May 18, 2011 - 11:35am | 31GE (NYSE: GE) says, "repeat year revenue view... expects margins down in 1H,should improve sequentially in 2H... industrial '11 organic revenue rising 5%."
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General Electric (GE) a Short Candidate as Financials Remain Weak
Wednesday, May 18, 2011 - 8:44am | 310The financials continue to be among the weakest sectors in this market, and I will continue looking to the sector to the short side as the market remains weak. For today's Play of the Day, I will be shorting General Electric Company (GE) around $19.50 to $19.75 with a short term target to $18.09 (...
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Citigroup Reports on 3M, United Technologies and Danaher
Wednesday, May 18, 2011 - 8:29am | 298In a report released yesterday, Citigroup commented on 3M (NYSE: MMM), United Technologies (NYSE: UTX), and Danaher (NYSE: DHR). On 3M, Citigroup writes, “New CFO David Meline reiterated 3M's playbook for driving organic revenue growth the historical rate of 4% to the 7%-8% target through new...
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3M Invests In Gonano Technologies. No Terms Disclosed
Tuesday, May 17, 2011 - 4:01pm | 1113M, (NYSE: MMM) through its New Ventures Business, has invested in GoNano Technologies Inc., a developer and manufacturer of high surface area nanomaterials for pollution control, catalysis, composites and sensory technologies headquartered in Moscow, Idaho. Terms of the transaction were not...
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Big Blue Saves The Dow Jones Industrial Average
Tuesday, May 17, 2011 - 3:41pm | 310This afternoon the Dow Jones Industrial Average(DJIA) is the weakest stock index in the market. It is important to note, that while this index is the most highly followed index by the public the index consists of just 30 large cap blue chip stocks. The index is also a price cap weighted index and...
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GE Gas Turbines to Provide Power for Sochi, Russia
Tuesday, May 17, 2011 - 1:00pm | 34GE (NYSE: GE) today announced it will supply two advanced technology aeroderivative gas turbines that will help to power the 2014 Winter Olympic Games in Sochi, Russia.
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GE Compression Technology Selected for China's West-to-East Pipeline Under Contracts Totaling $100M
Tuesday, May 17, 2011 - 10:40am | 62GE Oil & Gas compression technology has again been selected to help support one of China's most important energy infrastructure projects. In two contracts amounting to nearly $100 million, GE (NYSE: GE) will supply six gas turbine-driven compressor trains and nine electric motor–driven...
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GOL Signs Agreement With GE for Consultancy Aimed at Saving Fuel and Reducing Emissions
Tuesday, May 17, 2011 - 9:42am | 47GOL Linhas Aereas Inteligentes S.A. (NYSE: GOL) announced it has signed an agreement with GE (NYSE: GE) Aviation PBN Services for consultancy aimed at saving fuel and reducing gas emissions.
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Citigroup Reports on McDermott International (MDR)
Tuesday, May 17, 2011 - 7:22am | 199Citigroup commented on McDermott International (NYSE: MDR) in a report released today. In the report, Citigroup was slightly positive in its outlook of the company. Citigroup writes, “Since 5/10/11 MDR shares have generated a total return of (11.5%). In comparison, the S&P 500 and the E&C...
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3M Appoints New Chief Operating Officer
Monday, May 16, 2011 - 9:00am | 543M (NYSE: MMM) today announced that Inge G. Thulin has been appointed executive vice president and chief operating officer, effective May 1, 2011. Thulin, 57, has been 3M's executive vice president of International Operations since 2003. He will report to George W. Buckley, 3M chairman, president...
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Stocks Tumble on Inflation Fears, Stronger Dollar
Friday, May 13, 2011 - 2:00pm | 165(TheStreet) -- Stocks were trading nearly 1% lower Friday, driven by rising inflation concerns and a stronger dollar. The Dow Jones Industrial Average was down by 118 points, or 0.9%, at 12,578. The S&P 500 was lower by 12 points, or 0.9%, at 1337, and the Nasdaq was off by 31 points, or 1.1...
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Market update- Dillard, Tyco International, Body Central, Yahoo, DDS, TYC, BODY, YHOO
Friday, May 13, 2011 - 8:56am | 928Dillard's Inc. (DDS) shares climbed almost 5% after the department-store operator reported first-quarter results. Dillard's Inc record earnings per share of $1.31 for the first quarter compared to $0.68 for the prior year first quarter. Net income was a record $76.7 million for the thirteen...
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Textron Says Much Closer to Decisions on Dividend and Share Buyback -Bloomberg
Thursday, May 12, 2011 - 12:05pm | 29Textron (NYSE: TXT) says, "a lot closer to decisions on dividend, share buyback... sees pretty good operating leverage out of Cessna."