Industrial Conglomerates

General Electric (NYSE: GE) reported strong earnings last week, and in addition to helping shareholders, and President Obama naming CEO Jeff Immelt to his team in Washington, GE can save the world by lowering the amount of carbon dioxide, CO2 in the world. Look at this site that predicts how much...

Diversified U.S. conglomerate,Textron Inc. (TXT) announced strong fourth quarter 2010 operating earnings of 33 cents per share versus 15 cents in the year-ago quarter, reflecting a growth of 120%. The fourth quarter results surpassed the Zacks Consensus Estimate of 25 cents by 8 cents. Strong...

GE Hitachi Nuclear Energy today announced it has signed memoranda of understanding (MOUs) with Poland's Stocznia Gdansk, a major shipyard, and RAFAKO S.A. to pursue opportunities to build nuclear components for GEH. State-owned utility PGE Polska Grupa Energetyczna S.A. (PGE) is leading Poland's...

Rockwell Automation Inc. (ROK) delivered earnings per share (EPS) of $1.04 cents in its fiscal 2011 first quarter ended December 31, 2010, beating the Zack Consensus Estimate of 88 cents and almost double of 53 cents reported during the prior-year quarter. Sales as reported by the company were...

Diversified U.S. conglomerate,Textron Inc. (TXT) announced strong fourth quarter 2010 operating earnings of 33 cents per share versus 15 cents in the year-ago quarter, reflecting a growth of 120%. The fourth quarter results surpassed the Zacks Consensus Estimate of 25 cents by 8 cents. Strong...

Rockwell Automation Inc. (ROK) delivered earnings per share (EPS) of $1.04 cents in its fiscal 2011 first quarter ended December 31, 2010, beating the Zack Consensus Estimate of 88 cents and almost double of 53 cents reported during the prior-year quarter. Sales as reported by the company were...

Jefferies reiterated its 3M (NYSE: MMM) Buy rating in a research report published today. Jefferies has previously given 3M a price target of $105. In the report, Jefferies states, "As a short-cycle material science company with operating leverage, 3M has turned with the economy. Competitive...

Jefferies is out today with its "Clean Wind" update and comments on General Electric (NYSE: GE), In a note to clients, Jefferies writes, "GE (GE) brought in $4.2b in new orders down y-o-y from $5.5b. We calculate a book-to-bill ratio of 0.84. In line with expectations, turbine prices were down 17%...

Standex International Corporation (NYSE: SXI) today announced that its Board of Directors has declared a quarterly cash dividend of $0.06 per share, which is payable February 25, 2011 to shareholders of record February 8, 2011.

Markets closed almost flat yesterday after erasing losses ahead of President Obama's State of Union speech, scheduled for later in the day. Late-day buying helped the markets gained slightly before the close.   On Tuesday, the markets closed almost flat after erasing early losses due to...

Markets closed almost flat yesterday after erasing losses ahead of President Obama's State of Union speech, scheduled for later in the day. Late-day buying helped the markets gained slightly before the close.   On Tuesday, the markets closed almost flat after erasing early losses due to...

Icahn Enterprises L.P. (NYSE: IEP) today announced that its wholly-owned subsidiary, IEH Merger Sub LLC, has extended the expiration date of its previously announced tender offer for all outstanding shares of common stock, including the associated rights, of Dynegy Inc. (NYSE: DYN) for $5.50 per...

Providence, Rhode Island-based Textron Inc. (NYSE: TXT) announced on Wednesday morning that it beat consensus Wall Street estimates. Textron Inc reported that it swung to 4th quarter net income of $60 million, or 19 cents per share, from a net loss of $63 million, or 23 cents per share, a year...

Leading Chinese medical devices maker Mindray Medical International Limited (MR) has sealed the biggest contract for its patient monitoring systems in Canada. According to the company and its Canadian partner and distributor Ultra-Portable Inc, installation of the patient monitors has already...