Industrial Conglomerates

Siemens Industry, Inc. (NYSE: SI) today announced it has been awarded a multi-million dollar contract to equip two platform supply vessels with its unique diesel electric propulsion solution at Fincantieri Marine Group's Bay Shipbuilding Company in Sturgeon Bay, Wis. A Tidewater Inc. subsidiary...

Woodward, Inc. (NASDAQ: WWD) announced today that it signed an agreement with General Electric Company, through its GE (NYSE: GE) Aviation business unit, to develop and supply the fuel system, air management, and actuation hardware for CFM International's LEAP-X engine program. Under the...

Goldman Sachs upgraded Tyco (NYSE: TYC) from Neutral to Buy.

The Board of Directors of 3M (NYSE: MMM) today declared a dividend on the company's common stock of 55 cents per share for the third quarter of 2011, payable Sept. 12, 2011, to shareholders of record at the close of business on August 19, 2011. 3M has paid dividends to its shareholders without...

eSolar announced today that in addition to its licensing agreement with GE Energy, GE (NYSE: GE) has closed a strategic investment in the company. As part of the deal Paul Browning, president and CEO of Thermal Products, for GE Energy, will join the eSolar board of directors.

Boeing (NYSE: BA) and Siemens (NYSE: SI) today announced a strategic alliance for the joint development and marketing of "smart grid" technologies to improve energy access and security for the U.S. Department of Defense, the largest energy consumer in the federal government.

Siemens (NYSE: SI) is preparing to restructure its renewable business into two independent divisions. The Renewable Energy Division will be divided into a wind power division and a solar and hydro power division from October 1, 2011. Michael Suess, CEO of Siemens Energy Sector, said, 'We're...

Below are the top heavy construction stocks on the NYSE in terms of cash. Fluor Corporation (NYSE: FLR) had $2.35 billion in total cash and $82.95 million in total debt for the latest quarter. Shaw Group Inc (The) (NYSE: SHAW) had $1.72 billion in total cash and $1.62 billion in total debt for...

BMO Capital Markets maintained its Walter Energy (NYSE: WLT) Market Outperform, and lowered its Walter Energy price target from $150 to $125 in a research report published today. In the report, BMO Capital Markets states, "Barring a severe economic recession, supply of premium metallurgical coal...

Citi has published a report on McDermott International (NYSE: MDR) lowering the price target by $4.50. In the report, Citi wrote, "On 08/04/11, the shares of MDR tumbled ~27% while the peer group (i.e. ex-MDR) fell 9% and the S&P 500 declined 5%. In our opinion, fears about the health of the...

Citigroup has lowered the price target on McDermott International (NYSE: MDR) from $33.50 to $29 and maintains its Buy rating.

The Bell Boeing V-22 Program, a strategic alliance between The Boeing Company (NYSE: BA) and Bell Helicopter – Textron (NYSE: TXT), announced today that it has submitted its proposal to the U.S. government for a second multiyear procurement contract for the production and delivery of V-22 Osprey...

The Board of Directors of Carlisle Companies Incorporated (NYSE: CSL) has declared a 5.9% increase in the Company's regular quarterly dividend, to $0.18 per share from $0.17 per share. The dividend is payable on September 1, 2011 to shareholders of record at the close of business on August 17, 2011...

KeyBanc Capital Markets downgraded its Walter Energy (NYSE: WLT) rating from Buy to Hold and removed its Walter Energy price target of $165 in a research report published today. In the report, KeyBanc states, "We believe a meaningful correction will be in store in Thursday morning trading, but we...

Dendreon (NASDAQ: DNDN) -63.81% on multiple analyst downgrades this morning Entropic Communications (NASDAQ: ENTR) -24.4% on lower earnings and several analyst downgrades this morning. Zumiez (NASDAQ: ZUMZ) -13.28% on lower than expected same store sales increase. Walter Energy (NYSE: WLT) -...