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GE Will No Longer Be Baker Hughes Majority Owner
Wednesday, September 11, 2019 - 8:35am | 435Read More...General Electric Company (NYSE: GE) said Tuesday afternoon it will cease a majority interest in Baker Hughes A GE Co (NYSE: BHGE). What Happened GE's ownership stake of Baker Hughes stands at around 522 million shares, or 50.4% of the company. GE will sell up to 120.75 million...
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Morgan Stanley's Takeaways From Ingersoll-Gardner Denver M&A Reports
Monday, April 29, 2019 - 12:47pm | 464Read More...The Wall Street Journal reported Sunday that Gardner Denver Holdings Inc (NYSE: GDI), a manufacturer of flow-control solutions for industrial applications, is close to finalizing a deal to merge with Ingersoll-Rand PLC (NYSE: IR)'s industrial segment. The Analyst Morgan Stanley's...
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General Electric Says 2019 Will Be A 'Reset' Year
Thursday, March 14, 2019 - 8:25am | 406Read More...General Electric Company (NYSE: GE) management guided 2019 below the Street's estimates. What Happened GE said 2019 will be a "reset" year and the company expects to earn 50 to 60 cents per share for the full year versus the Street's expectations of 70 cents per share. Management...
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RBC Capital Markets Downgrades US Silica Holdings, Projects Pricing Pressure Over Next Year
Thursday, September 20, 2018 - 6:00pm | 400Read More...Industrial mineral company U.S. Silica Holdings, Inc. (NYSE: SLCA) faces pricing pressure, frac sand oversupply and negative revisions, according to RBC Capital Markets. The Analyst Analyst Kurt Hallead downgraded U.S. Silica Holdings from Outperform to Sector Perform and lowered...
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Parker-Hannifin's Concerning Outlook Prompts Argus To Move To The Sidelines
Tuesday, August 14, 2018 - 1:31pm | 344Read More...Parker-Hannifin Corp (NYSE: PH), a manufacturer of motion and control technologies and systems to control fluids, gas or air, disappointed Argus in its fiscal 2019 outlook which prompted the research firm to downgrade the stock. The Analyst Argus' John Eade downgraded Parker-Hannifin from...
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Nlight's Above Average Growth Prospect Appreciated By Stifel
Monday, May 21, 2018 - 3:49pm | 336Read More...Nlight Inc (NASDAQ: LASR), a supplier of semiconductor and fiber lasers that saw its stock soar on its first day of trading in April, is well positioned to show a superior growth rate compared to its peers, according to Stifel. The Analyst Stifel's Patrick Ho initiated coverage of Nlight...
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Texas Instruments' Valuation Captures Future Growth, Longbow Says In Neutral Initiation
Tuesday, March 27, 2018 - 11:29am | 411Read More...Texas Instruments Incorporated (NASDAQ: TXN)'s business warrants a premium valuation, but after a strong appreciation in the stock over the past year, the valuation captures the company's strong outlook, according to Longbow. Research. The Analyst Longbow's Shawn Harrison initiated...
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Bank Of America's Bearish Stance On Eaton No Longer Applies
Thursday, March 8, 2018 - 2:48pm | 379Read More...Eaton Corporation, PLC Ordinary Shares (NYSE: ETN) on March 2 hosted its annual investor conference in which management did a "solid job" of outlining its plan, according to Bank of America. The Analyst Bank of America's Andrew Obin upgraded Eaton's stock from Underperform...
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Here's The Best News About Earnings Seasons So Far
Wednesday, July 26, 2017 - 3:31pm | 317Read More...Earnings season is ramping up and around one-third of S&P 500 companies will release their respective earnings reports this week. S&P 500 companies are expected to show investors a 7.6 percent year-over-year earnings growth as a whole, which may sound encouraging, but that may not be the...
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Intel, And Other Winners From Seasonal Strength In iPhones And Internet Of Things
Monday, June 12, 2017 - 9:59am | 907Read More...Analysts at Bank of America Merrill Lynch hosted 16 semiconductor companies as part of its Global Tech Conference in San Francisco on June 6 and 7. Key Takeaways Bank of America's Vivek Arya noted three main takeaways from the event. Demand across the auto, industrial, gaming, mobile and data...
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Market Strategist Says General Electric Shares Aren't 'Sexy,' But Dividend & Balance Sheet Make It A Buy
Tuesday, June 9, 2015 - 4:17pm | 429Read More...Karl Snyder was recently a guest on #PreMarket Prep, a daily trading idea radio show hosted by Joel Elconin and Dennis Dick. Karl Snyder is chief market strategist at Garden State Securities, a provider of investment management products to small businesses, corporate executive, and the...
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5 Top Performing Industrial Stocks To Look At Now
Tuesday, June 10, 2014 - 8:49am | 832Read More...Despite actually being down on the year, industrial stocks led the market on Monday, climbing better than 0.50 percent on the session. Year-to-date, however, the sector has lost more than one percent compared to a gain of more than six percent for the S&P 500. Normally, investors want to...
