Conglomerates
(GE) General Electric Analyst Maintains Neutral on Shares – Analysis
We maintain a Neutral rating on General Electric Company (GE), since the shares appear to be fairly valued. While the 10.8 multiple to our earnings estimate for 2011 represents a 37% discount to the peer group, we believe the valuation is justified by GE’s weaker earnings power. The...
30Nov2011 | vitalstocks | 0 comments | Continued(MMM) 3M Company Analyst Reiterates Shares at Neutral
We recently maintained a Neutral recommendation on3M Company (MMM). Based in St. Paul, Minnesota, 3M is a diversified technology company with manufacturing operations spread over 60 countries worldwide. It has more than 35 business units organized into six segments: Consumer...
28Nov2011 | vitalstocks | 0 comments | Continued(MMM) 3M Company 2011 Third Quarter Earnings Scorecard
3M Company (MMM) reported modest results for the third quarter of 2011. The company achieved year-over-year top-line growth of 9.6%, as five out of six segments saw revenue growth. The bottom-line slipped 1% however, missing our estimate by 9 cents. Third Quarter Highlights Total...
22Nov2011 | vitalstocks | 0 comments | Continued(UTX) United Technologies Rated BUY – Valuengine.com
United Technologies Corporation (UTX) provides a broad range of high technology products and services to the building systems and aerospace industries. Those products include Pratt & Whitney aircraft engines, space propulsion systems and industrial gas turbines; Carrier heating,...
3Aug2011 | valuengine | 0 comments | Continued(TXT) Army to Receive Textron ASVs
Textron Inc. (TXT) said that a contract option exercised by the U.S. Army requires Textron’s Marine & Land Systems unit to deliver about 65 additional M1117 Armored Security Vehicles (ASVs). The option exercised by the U.S. Army Contracting Command, Warren, Michigan, is...
30Jun2011 | vitalstocks | 0 comments | Continued(GE) General Electric Aviation Gets Orders Worth $27 Billion
GE Aviation, a part of General Electric (GE) and Nexcelle have signed an agreement whereby Nexcelle’s nacelle system (a streamlined enclosure on an aircraft that provides shelter to the crew, cargo and the engine) will be included in the GE Passport 20 jet engine. This agreement...
29Jun2011 | vitalstocks | 0 comments | Continued(PPG) PPG Industries Analyst Maintains Neutral Rating
We are maintaining our Neutral recommendation on PPG Industries Inc. (PPG). The company expects to see higher demand in 2011 compared with 2010, but intends to remain focused on continued cost management entered in 2011 with about $2 billion in cash and short-term investments,...
29Jun2011 | vitalstocks | 0 comments | Continued(GE) General Electric Wellstream Wins New Contract
General Electric (GE) Oil & Gas’ Wellstream business has been awarded a long-term contract by Petróleo Brasileiro S.A., aka Petrobras (PBR), one of the largest companies in Latin America. The contract, initially valued at more than $200 million, pertains to flexible pipe...
20Jun2011 | vitalstocks | 0 comments | Continued(MMM) 3M Company Settles Patent Litigation
3M Company (MMM) through its three companies 3M, 3M Innovative Properties Co., and 3M Canada has settled a patent litigation filed against Eurotex in Canada for infringing a 3M patent for reflective fire coat trim. The case was being fought in the Federal Court in Ottawa, Canada...
16Jun2011 | vitalstocks | 0 comments | Continued(GE) General Electric Unveils New Power Plant
General Electric Company (GE) unveiled a power plant capable of adjusting its production based on fluctuations in wind and solar power. The company spent $500 million to develop the system. Drawing from its jet engine expertise, it designed a plant that will ramp up at a rate...
14Jun2011 | vitalstocks | 0 comments | Continued(GE) General Electric Keeps on Marching
I decided to look at some of the most widely held stocks to see how they’re doing. General Electric (GE) is always at the top of that list. The key to success at GE is that it is so big and in so many sectors that it’s revenue almost mirrors the whole economy in...
4May2011 | Shawn | 0 comments | Continued(GE) General Electric Turbine Technology for Saudi Plant
Saudi Electricity Company (SEC) has selected General Electric Company (GE) for providing gas turbine technology and services for its upcoming power plant expansion projects. The approximate value of the agreements with GE is expected to be $500 million and the projects are expected...
4May2011 | vitalstocks | 0 comments | Continued(CBE) Cooper Industries Beats The Street
Cooper Industries Ltd. (CBE) reported its first-quarter 2011 earnings per share from continuing operations of 93 cents, beating the Zacks Consensus Estimate of 84 cents. The company outperformed the prior-year earnings per share by 33%. During the quarter, the company achieved...
3May2011 | vitalstocks | 0 comments | Continued(MMM) 3M Company Exceeds Estimates
3M Co. (MMM) released its earnings results for the first quarter of 2011, reporting earnings per share of $1.49, beating the Zacks Consensus Estimate of $1.43. The company’s organic revenues improved in all of its six businesses. Revenue Total revenues for the quarter increased...
3May2011 | vitalstocks | 0 comments | Continued(UTX) United Technologies Unit Sikorsky in Joint Venture in Saudi Arabia
Sikorsky Aerospace Services, the aftermarket division of Sikorsky Aircraft Corporation, announced that it is in advanced stages of discussions with Alpha Star Aviation Services for a joint venture aimed at providing military and commercial aviation support and maintenance programs...
13Apr2011 | vitalstocks | 0 comments | Continued(GE) General Electric to Build Solar Panel Factory
General Electric Company (GE) has developed a thin solar panel technology and intends to build a new factory in the United States to make its new solar product. Upon completion, the new U.S. factory will exceed the size of any existing solar panel facility in the country. The...
12Apr2011 | vitalstocks | 0 comments | Continued(TXT) Textron Wins $10.6 Million Army Contract
AAI Test & Training, an operating unit of Textron Inc. (TXT), has received a task order worth $10.6 million for its Man-Portable Aircraft Survivability Trainer (MAST) from the U.S. Army Program Executive Office for Simulation, Training and Instrumentation. Under the Simulation,...
7Apr2011 | vitalstocks | 0 comments | Continued(GE) Is GE Paying Too Much for Growth?
by Tony D’Altorio, Investment U Research Wednesday, April 6, 2011 Few companies can claim the same industrial pedigree as General Electric (NYSE: GE). With an ancestry that goes back to Thomas Edison, it’s the longest-standing member of the Dow Jones Industrial Index. Spread...
7Apr2011 | InvestmentU | 0 comments | Continued(GE) Sector Watch: Tech, Oil, Aerospace & Conglomerates
In my weekly Earnings Trends report, I rank the 16 economic sectors on a wide variety of earnings and sales metrics. The report just looks at the 500 firms in the S&P 500, not the whole Zacks Universe. However since it is organized by the individual metric, such as Annual...
8Mar2011 | vitalstocks | 0 comments | Continued(GE) General Electric Moves Into The Oil Services Industry
by Tony D’Altorio, Investment U Research Tuesday, February 22, 2011 General Electric (NYSE: GE)’s $228 billion market cap makes it the largest U.S. manufacturer, as measured by market capitalization. After its problems during the financial crisis, the conglomerate had...
22Feb2011 | InvestmentU | 0 comments | Continued(GE) General Electric Company – Buy Point? – PEG Ratio Well Below Benchmark of 1
Mega cap General Electric Co. (GE) is trading like a small cap, with shares recently hitting a new multi-year high on the company’s strong Q4 results from early January. With estimates on the rise and a bullish growth projection, this Zacks #1 rank stock is a smorgasbord...
9Feb2011 | vitalstocks | 0 comments | Continued(GE) Ranking Tech, Energy, Aerospace and Conglomerates
In my weekly Earnings Trends report, I rank the 16 economic sectors on a wide variety of earnings and sales metrics. The report just looks at the 500 firms in the S&P 500, not the whole Zacks Universe. However, since it is organized by the individual metric, such as Annual...
17Jan2011 | vitalstocks | 0 comments | Continued(MMM) 3M Company Announces Aquisition of Nida-Core
3M Company (MMM) has acquired a Port St. Lucie, FL-based manufacturer of structural honeycomb core and fiber-reinforced foam core materials, Nida-Core Corp. The company did not reveal the terms of the deal. Nida-Core offers a range of high-strength, low-weight, engineered materials....
5Jan2011 | vitalstocks | 0 comments | Continued(GE) General Electric Company to Sell Mexican Mortgage Business
Headquartered in Mexico City, GE Capital, a unit of General Electric Company (GE), entered into an agreement to sell its consumer mortgage business in Mexicoto Grupo Financiero Santander Mexico. The business to be sold comprises GE’s consumer mortgage portfolio worth $2 billion. The...
27Dec2010 | vitalstocks | 0 comments | Continued(GE) General Electric Earns Saudi Gas-Oil Procesing Contract
Saudi Aramco has chosen General Electric Co. (GE) as the supplier of a collection of extensive equipments and services for expansion of the Shaybah gas-oil processing facilities. The contract is valued at about $500 million. The upgradation of the Shaybah facility will develop...
20Dec2010 | vitalstocks | 0 comments | Continued(GE) General Electric Wins China Aviation Deals
CFM International, a 50/50 joint venture between General Electric Co (GE) and French company Snecma, has obtained contracts worth $2.1 billion for supply of engines and services to Air China, China Eastern Airlines and the HNA Group. The supply will include 20 CFM56-5B engines...
14Dec2010 | vitalstocks | 0 comments | Continued(GE) General Electric Displays NexGen X-Ray Detector at Radiological Society of North America
At the 96th annual meeting of the Radiological Society of North America (RSNA) in Chicago, GE Healthcare, a unit of General Electric (GE), showcased its next generation wireless, digital X-ray detector. The new device, called FlashPad, received the 510k clearance from the US...
1Dec2010 | vitalstocks | 0 comments | Continued(PPG) Why Share Buybacks Are One of the Most Bullish Signals You Can Get
by Alexander Green, Investment U’s Chief Investment Strategist Monday, November 8, 2010: Issue #1383 For months, U.S. public companies have sat on record piles of cash – more than $1.8 trillion. Now, many are finally putting it to work. But they’re not hiring more workers,...
15Nov2010 | InvestmentU | 0 comments | Continued(GE) General Electric to Invest Over $2 Billion in China
General Electric Company (GE) recently announced that it would be making an investment of above $2 billion to expand its research and development activity in China through 2012. The investment will also aid in the development of joint ventures in technology and financial services. The...
15Nov2010 | vitalstocks | 0 comments | Continued(GE) General Electric to Invest $500 Million in Brazil
General Electric Company (GE) announced plans to put in more than $500 million into its Brazilian operations. GE announced that it will focus on areas including oil, gas, renewable energy, mining and transportation. The company also plans to build a $100 million R&D center...
15Nov2010 | vitalstocks | 0 comments | Continued