Industrial Conglomerates

• JP Morgan (NYSE:JPM) has downgraded Goldman Sachs (NYSE:GS) from "overweight" to "neutral" rating because of valuation concerns, setting a target price of $175 • AIG (NYSE:AIG) has planned  to sell off its Taiwan life insurance unit for $2.16 billion • Cliffs Natural Resources (NYSE:CLF) has...

Leading Chinese medical devices maker Mindray Medical International Limited (MR) has announced selected preliminary results for fiscal 2010. The Shenzhen-based company expects its revenues for the year to grow 10% year over year to roughly $703 million. Moreover, the company estimates adjusted net...

Leading Chinese medical devices maker Mindray Medical International Limited (MR) has announced selected preliminary results for fiscal 2010. The Shenzhen-based company expects its revenues for the year to grow 10% year over year to roughly $703 million. Moreover, the company estimates adjusted net...

GE Energy Financial Services, a division of General Electric Co. (GE), and Bankers Commercial Corporation have jointly purchased the 150 MW Alta Wind I wind farm in Tehachapi, in Kern County, California. The wind farm has 100 GE 1.5-megawatt SLE turbines. The Alta Wind I farm is the initial...

GE Energy Financial Services, a division of General Electric Co. (GE), and Bankers Commercial Corporation have jointly purchased the 150 MW Alta Wind I wind farm in Tehachapi, in Kern County, California. The wind farm has 100 GE 1.5-megawatt SLE turbines. The Alta Wind I farm is the initial...

Deutsche Bank is initiating coverage of Patriot Coal Corporation (NYSE: PCX) and Walter Energy, Inc. (NYSE: WLT) at Buy, and is downgrading Arch Coal, Inc. (NYSE: ACI) to Hold from Buy on valuation & DBe vs. consensus. “Overall, we favor NA coal companies with exposures to the metallurgical (...

GE (NYSE: GE) has acquired Remote Energy Monitoring, Ltd. with operations in the United Kingdom and Australia. This acquisition enhances GE's ability to address the European Union's goals for a lower-emission, higher efficiency energy infrastructure. Remote Energy Monitoring's software and...

General Electric Co (GE) has won a $576 million U.S. Navy contract to replace, repair and support components of the engine used on F/A-18 and EA-18G aircraft. The contract has a duration of three years and will be executed at Jacksonville, Florida. GE has one of the best infrastructure...

General Electric Co (GE) has won a $576 million U.S. Navy contract to replace, repair and support components of the engine used on F/A-18 and EA-18G aircraft. The contract has a duration of three years and will be executed at Jacksonville, Florida. GE has one of the best infrastructure...

Teleflex Incorporated (NYSE: TFX) today announced it has acquired privately-held VasoNova Inc. in a transaction valued at up to $55 million.

• DuPont (NYSE:DD) reported plans to purchase Danish firm Danisco for $5.8 billion in cash, which is expected to cut 2011 earnings of $3.30-$3.60 by a range of $0.30-$0.45 per share • Playboy Enterprises (NYSE:PLA) is reportedly going private at $6.15 per share • Duke Energy (NYSE:DUK) announced...

Textron Marine & Land Systems, an operating unit of Textron Systems, a Textron Inc. (NYSE: TXT) company, announced today that it has been appraised at a Capability Maturity Model Integration Maturity Level 3. CMMI Maturity Level 3 Certification is an internationally recognized process...

• DuPont (NYSE:DD) reported plans to purchase Danish firm Danisco for $5.8 billion in cash, which is expected to cut 2011 earnings of $3.30-$3.60 by a range of $0.30-$0.45 per share • Playboy Enterprises (NYSE:PLA) is reportedly going private at $6.15 per share • Duke Energy (NYSE:DUK) announced...

Goldman Sachs upgrade Dow Chemical Company (The) (NYSE: DOW) from "neutral" to "buy." DOW's shares closed at $34.93 on Friday. Dow Chemical's trailing-twelve-month revenue is $52.37 billion. Morgan Stanley upgrade Novellus Systems Inc (NASDAQ: NVLS) from "underweight" to "equal weight." NVLS'...

Artificial Life, Inc. today announced that it has agreed with 3M Company (NYSE: MMM) to launch three distinct pilot projects to co-develop innovative joint mobile products in 2011.