Conglomerates

(GE) A Really Old-Time Stock

Well, it is an old-time name and isn’t flashy or trendy, but it has been getting a lot of attention from analysts in the last few months. And you can’t argue with its history: GE (NYSE: GE).

More and more articles are popping...

3Mar2014 | | Comments Off on (GE) A Really Old-Time Stock | Continued

(GE) General Electric Inks Agreement with Green Waste Energy

General Electric Company (GE) recently signed an agreement with Green Waste Energy, a privately-held U.S.-based developer of Advanced Recycling and Energy Conversion plants, to supply Jenbacher J620 gas engines to generate renewable...

1Jun2013 | | Comments Off on (GE) General Electric Inks Agreement with Green Waste Energy | Continued

(MMM) 3M Maintains Steady Dividend Payout

Diversified technology conglomerate 3M Company (MMM) has recently announced a dividend of 63.5 cents per share or $2.54 on an annualized basis for second quarter 2013. The dividend is payable on Jun 12 to shareholders of record as...

26May2013 | | Comments Off on (MMM) 3M Maintains Steady Dividend Payout | Continued

(TXT) Textron Gets $85 Million DoD Contract

Bell Helicopter, a business wing of Textron Inc. (TXT), clinched an $85.0 million contract from the Department of Defense (“DOD”) to offer engineering and support capabilities to two of America’s close allies, Iraq and...

23May2013 | | Comments Off on (TXT) Textron Gets $85 Million DoD Contract | Continued

(UTX) United Technologies’ Subsidiary Sikorsky Gets FAA Nod for Rig Approach Technology

Sikorsky Aircraft Corp., a subsidiary of diversified business conglomerate United Technologies Corp. (UTX), recently received a green flag from the Federal Aviation Administration (FAA) for the introduction of the “Rig Approach”...

8May2013 | | Comments Off on (UTX) United Technologies’ Subsidiary Sikorsky Gets FAA Nod for Rig Approach Technology | Continued

(DHR) Danaher Short on Earnings – Revenues Up

Danaher Corporation (DHR) reported diluted earnings of 75 cents a share from continuing operations in the first quarter of 2013, a 2.5% growth from year-over- year earnings but missing the Zacks Consensus Estimate of 76 cents by a...

3May2013 | | Comments Off on (DHR) Danaher Short on Earnings – Revenues Up | Continued

(PPG) PPG Industries’ First Quarter Earnings Beat – Profit Skyrockets

Coatings giant PPG Industries Inc (PPG) beat earnings expectations in the first quarter of 2013 buoyed by continued momentum across automotive OEM and aerospace markets. Strength across North America and Asia was somewhat masked by...

3May2013 | | Comments Off on (PPG) PPG Industries’ First Quarter Earnings Beat – Profit Skyrockets | Continued

(UTX) Hawaiian Holding’s Hawaiian Airline Selects United Technologies PurePower Engines

Pratt & Whitney, a division of United Technologies Corp. (UTX), was selected by Hawaiian Airlines, a subsidiary of Hawaiian Holdings Inc. (HA) to provide fuel efficient...

27Apr2013 | | Comments Off on (UTX) Hawaiian Holding’s Hawaiian Airline Selects United Technologies PurePower Engines | Continued

(GE) General Electric Company Collaborates with Ingersoll Rand to Save Energy

GE Lighting, a division of General Electric Company (GE) and Trane, a brand of Ingersoll Rand (IR), have recently collaborated to bring a world class facility that allows...

25Apr2013 | | Comments Off on (GE) General Electric Company Collaborates with Ingersoll Rand to Save Energy | Continued

(MMM) 3M Company Has New Touchscreen Solution

3M Touch Systems, a wholly-owned subsidiary of diversified technology conglomerate 3M Company (MMM), recently launched a new touchscreen solution to deliver clarity and superior optical performance. The product, titled 3M MicroTouch...

18Apr2013 | | Comments Off on (MMM) 3M Company Has New Touchscreen Solution | Continued

(GE) General Electric’s New Turbine Becomes Operational

General Electric (GE) recently announced that its new 2.5-120 wind turbine, expected to be the world’s most efficient high-output wind turbine, has become operational at a test site in Wieringermeer, the Netherlands.

The new...

18Apr2013 | | Comments Off on (GE) General Electric’s New Turbine Becomes Operational | Continued

(GE) General Electric Inks Deal with Health Trust

GE Healthcare, a division of General Electric Company (GE), recently entered into an agreement with HealthTrust to provide infant care solutions to hospitals that are members of the latter.

The newly signed agreement leverages...

4Apr2013 | | Comments Off on (GE) General Electric Inks Deal with Health Trust | Continued

(UTX) United Technologies Divests Goodrich Unit

Diversified business conglomerate United Technologies Corp. (UTX) recently announced that it has sold the pump and engine control systems business of the erstwhile Goodrich Corporation to Triumph Group, Inc. (TGI)...

28Mar2013 | | Comments Off on (UTX) United Technologies Divests Goodrich Unit | Continued

(UTX) United Technologies Aerospace Wins Embraer Contract

UTC Aerospace Systems, a division of United Technologies Corp. (UTX), has been selected by Embraer SA (ERJ) to provide wheel and carbon brakes for its fleet of second-generation...

23Mar2013 | | Comments Off on (UTX) United Technologies Aerospace Wins Embraer Contract | Continued

(GE) General Electric Signs Contract Extension

GE Oil & Gas, a division of General Electric Company (GE), received a 16-year service contract extension worth $333 million for Sakhalin-2, a liquefied natural gas (LNG) plant in sub-arctic Russia. The service agreement includes...

18Mar2013 | | Comments Off on (GE) General Electric Signs Contract Extension | Continued

(GE) GE Capital’s Telecom, Media and Technology Did $3.7 Billion in Deals in 2012

GE Capital, an operating unit of General Electric Company (GE), recently announced that its Telecom, Media and Technology (TMT) financing business completed 58 deals aggregating $3.7 billion during 2012.

The healthy business...

9Mar2013 | | Comments Off on (GE) GE Capital’s Telecom, Media and Technology Did $3.7 Billion in Deals in 2012 | Continued

(GE) General Electric Augments TYRX Liquidity

GE Capital, Healthcare Financial Services, an operating unit of General Electric Company (GE), recently acted as an administrative agent to close a senior secured credit facility worth $8.5 million for TYRX, Inc. The transaction will...

11Feb2013 | | Comments Off on (GE) General Electric Augments TYRX Liquidity | Continued

(PPG) PPG Industries’ Fourth Quarter Meets Earnings Forecasts

Coatings giant PPG Industries Inc (PPG) met earnings expectations in the fourth quarter of 2012 while continued momentum across automotive OEM and aerospace markets helped it to post better-than-expected sales in the quarter.

The...

16Jan2013 | | Comments Off on (PPG) PPG Industries’ Fourth Quarter Meets Earnings Forecasts | Continued

(GE) General Electric to Acquire French Wind Parks

In its concerted effort to reduce debt and maintain investment grade credit rating, Iberdrola SA, the biggest utility firm in Spain, has decided to divest its French wind parks to a consortium of companies led by General Electric Company (GE)...

2Jan2013 | | Comments Off on (GE) General Electric to Acquire French Wind Parks | Continued

(GE) General Electric Partially Divests Aviation Unit

GE Aviation Systems, an operating unit of General Electric Company (GE), has recently announced the signing of an agreement with Woodward, Inc. (WWD), an independent...

1Jan2013 | | Comments Off on (GE) General Electric Partially Divests Aviation Unit | Continued

(PPG) PPG Industries Starts Share Exchange Offer

PPG Industries Inc. (PPG) announced that it has started the share exchange program, which is a part of the deal to split off its Commodity Chemicals business. The split off is related to the separation and merger of Eagle Spinco Inc.,...

1Jan2013 | | Comments Off on (PPG) PPG Industries Starts Share Exchange Offer | Continued

(GE) New U.S. Defense Contract for GE

According to Jacksonville Business Journal, Lynn, Massachusetts-based General Electric Company (GE) announced that it has won an award from the U.S. Naval Supply Systems Command Weapon Systems Support, Philadelphia, for $265...

16Dec2012 | | Comments Off on (GE) New U.S. Defense Contract for GE | Continued

(GE) Growing Demand for General Electric Engines

Evendale-based GE Aviation, an operating unit of General Electric Co. (GE), will benefit from an order by Delta Air Lines Inc. (DAL) for 40 Bombardier...

14Dec2012 | | Comments Off on (GE) Growing Demand for General Electric Engines | Continued

(MMM) 3M Restructures, Drops Plan to Aquire Avery Dennison’s Office Business

3M Company (MMM), a globally diversified technology company, has reorganized its business groups to better serve its operating market. The company had been operating through six business groups: Consumer and Office, Display and Graphics,...

8Oct2012 | | Comments Off on (MMM) 3M Restructures, Drops Plan to Aquire Avery Dennison’s Office Business | Continued

(TXT) Textron Incorporated – Bull of the Day

Textron Inc (TXT) was upgraded from Neutral to Outperform following a solid earnings report and positive earnings surprise. The beat was due to strong performance by the Bell division of the company and other...

24Aug2012 | | Comments Off on (TXT) Textron Incorporated – Bull of the Day | Continued

(MMM) 3M Beats Estimates in Second Quarter

3M Company (MMM) has reported its earnings per share of $1.66 in the second quarter of 2012, compared to $1.60 in the second quarter of 2011 and $1.59 in the earlier quarter. The earnings in the reported quarter were above the Zacks...

22Aug2012 | | Comments Off on (MMM) 3M Beats Estimates in Second Quarter | Continued

(PPG) PPG Industries Analyst Raises Shares to Outperform

We are upgrading our long-term recommendation on PPG Industries (PPG) to Outperform from Neutral. The company’s strategy of diversifying its business across various products and geographies has come in handy in difficult...

16May2012 | | Comments Off on (PPG) PPG Industries Analyst Raises Shares to Outperform | Continued

(MMM) 3M Company Beats Earnings Estimates

3M Company (MMM) announced first-quarter 2012 results before the market opened today, reporting earnings per share of $1.59, above the Zacks Consensus Estimate of $1.48 per share. Earnings per share surged 6.7% year over year.

The...

30Apr2012 | | Comments Off on (MMM) 3M Company Beats Earnings Estimates | Continued

(MMM) Aerocraft Solution from 3M

3M Aerospace, part of 3M Company (MMM), meets the problem of substructure erosion in aircraft areas, like lavatories, galleys and doorways, which are frequently exposed to moisture through introduction of 3M™ Polyurethane Protective...

19Apr2012 | | Comments Off on (MMM) Aerocraft Solution from 3M | Continued

(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...

30Nov2011 | | 0 comments | Continued