Stock Market News for July 11, 2016
Zacks Equity Research - Zacks Investment Research - Mon Jul 11, 9:10AM CDT
Benchmarks closed in the green on Friday following better-than-expected jobs report
MMM: 178.01 (+0.89), GE: 32.21 (+0.01), UTX: 103.96 (+0.30), FCX: 11.65 (+0.45), C: 42.29 (+0.31), XOM: 93.89 (+0.35), BAC: 13.21 (+0.04), WFC: 48.08 (+0.29), BA: 132.04 (+1.95), AA: 10.14 (+0.32), GS: 152.19 (+1.81), JPM: 62.27 (+0.44), CF: 24.67 (-0.19), COST: 166.72 (+1.28), DD: 64.24 (+0.55), CVX: 105.39 (+0.62), DOW: 49.85 (+0.45)
GE Aviation Creates Digital Collaboration Center at Farnborough
BusinessWire - Sun Jul 10, 9:45AM CDT
--Data and analytics reduce operating costs, increase aircraft utilization and optimize revenue
GE: 32.21 (+0.01)
Business Highlights
By The Associated Press - AP - Fri Jul 08, 4:43PM CDT
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GE: 32.21 (+0.01), GPS: 22.90 (+0.20), MSFT: 52.59 (+0.29)
General Electric Company Announces Completion of Offers to Register Outstanding Notes of GE Capital International Funding Company Unlimited Company Issued in October 2015 Exchange Offer
BusinessWire - Fri Jul 08, 3:59PM CDT
General Electric Company ("GE"
GE: 32.21 (+0.01)
Previewing the Q2 Earnings Season
Sheraz Mian - Zacks Investment Research - Fri Jul 08, 3:52PM CDT
Previewing the Q2 Earnings Season
AA: 10.14 (+0.32), FAST: 45.36 (+0.13), GE: 32.21 (+0.01), AES: 12.55 (+0.23), JPM: 62.27 (+0.44), C: 42.29 (+0.31), WFC: 48.08 (+0.29), CSX: 26.67 (+0.14), AAPL: 96.98 (+0.30)
68 companies join legal fight against N. Carolina LGBT law
AP - Fri Jul 08, 3:41PM CDT
RALEIGH, N.C. (AP) — Sixty-eight companies have signed onto a legal brief opposing a North Carolina law that limits protections for LGBT people.
GE: 32.21 (+0.01), MSFT: 52.59 (+0.29)
Watch for Shares of General Electric (GE) to Approach Resistance at $32.25
Comtex SmarTrend(R) - Fri Jul 08, 9:19AM CDT
Shares of General Electric (NYSE:GE) have bullishly opened above the pivot of $31.89 today and have reached the first resistance level of $32.03. Should the shares continue to rise, the resistance pivots of $32.25 and $32.61 will be of interest.
GE: 32.21 (+0.01)
National Oilwell and GE to Offer Improved FPSO Solutions
Zacks Equity Research - Zacks Investment Research - Fri Jul 08, 8:18AM CDT
Energy equipment maker National Oilwell Varco Inc. (NOV) has teamed up with General Electric Company (GE) to offer solutions for Floating Production Storage and Offloading vessels.
NOV: 32.19 (-0.40), MDR: 4.90 (-0.07), GE: 32.21 (+0.01), NGS: 23.79 (-0.14)
GE Unit and Schindler Collaborate for Digital Solutions
Zacks Equity Research - Zacks Investment Research - Thu Jul 07, 9:06AM CDT
GE Digital, a unit of General Electric Company (GE), recently announced that it has formed a strategic alliance with Schindler.
LUK: 17.41 (-0.05), GE: 32.21 (+0.01), HON: 118.57 (-0.27), CSL: 108.49 (+0.66)
Ronald Reagan Presidential Foundation and Institute and GE Announce College Scholarship Award Recipients
Marketwire Canada - Thu Jul 07, 9:00AM CDT
20 Students Receive $10,000 a Year for up to Four Years in Scholarship Program
GE: 32.21 (+0.01)
GE's Affiliate to Lease 45 Aircraft to Bohai's Subsidiaries
Zacks Equity Research - Zacks Investment Research - Wed Jul 06, 9:33AM CDT
GE Capital Aviation Services (GECAS), a unit of General Electric Company (GE), has recently agreed to sell 45 leased aircraft worth $2 billion to Bohai Financial's subsidiaries.
AER: 35.01 (+0.51), GE: 32.21 (+0.01), HON: 118.57 (-0.27), CSL: 108.49 (+0.66)
GE Closes Asset Management Business Sale with State Street
Zacks Equity Research - Zacks Investment Research - Wed Jul 06, 9:21AM CDT
General Electric Company (GE) recently completed the divesture of its Asset Management business to asset management firm State Street Corporation (STT) for approximately $485 million.
MMM: 178.01 (+0.89), GE: 32.21 (+0.01), STT: 53.61 (+0.38), HON: 118.57 (-0.27)
State Street (STT) Closes the GE Asset Management Deal
Zacks Equity Research - Zacks Investment Research - Wed Jul 06, 9:03AM CDT
In a bid to ramp up its profitability against a tough operating backdrop, last week, State Street Corporation (STT) completed the acquisition of GE Asset Management (???GEAM???), a wholly owned subsidiary of General Electric Company (GE).
SF: 31.23 (+0.61), GE: 32.21 (+0.01), STT: 53.61 (+0.38), FMBI: 18.00 (+0.26)
U.S. Geothermal Shifts Gears To Aggressive Growth
ACCESSWIRE - Wed Jul 06, 7:39AM CDT
REDONDO BEACH, CA / ACCESSWIRE / July 6, 2016 / This undervalued New York Stock Exchange company has consistently under promised and over delivered the kind of growth that savvy and risk averse investors are always searching for; and after more than 2 years of planning and building a larger and stronger foundation, management is now moving forward to accelerate growth with the goal to become a billion dollar market cap company in the fast growing renewable energy sector.
TSLA: 224.78 (+8.00), GE: 32.21 (+0.01), CPN: 14.73 (+0.22), HTM: 0.86 (+0.01), CLD: 2.25 (+0.03), CAFD: 15.76 (-0.05), AXAS: 1.20 (+0.02), FSLR: 46.49 (+0.89), GS: 152.19 (+1.81), SCTY: 24.52 (+0.72), SKYS: 2.74 (-0.06), XCO: 1.23 (-0.01), ALJ: 6.20 (-0.05)
Schindler and GE Enter Strategic Partnership to Power Digital Urban Mobility
BusinessWire - Wed Jul 06, 12:00AM CDT
Schindler Group (SIX:SCHN) and GE Digital (NYSE:GE) today announced a strategic alliance that will use the full potential of the Industrial Internet for digital innovations in elevators, escalators and smart buildings.
GE: 32.21 (+0.01), SCHN: 19.48 (+0.86)
General Electric (GE) Breaks Through Support at $31.33
Comtex SmarTrend(R) - Tue Jul 05, 9:13AM CDT
General Electric (NYSE:GE) has opened bearishly below the pivot of $31.48 today and has reached the first level of support at $31.33. Should the shares continue to fall, the support pivots of $31.17 and $30.86 will be of interest.
GE: 32.21 (+0.01)
Dow 30 Stock Roundup: Nike Beats on Earnings, AmEx Raises Dividend
Swarup Gupta - Zacks Investment Research - Mon Jul 04, 8:43AM CDT
The Dow staged a spectacular rebound last week following losses after a surprise Brexit verdict.
JNJ: 122.93 (+0.08), GE: 32.21 (+0.01), MDLZ: 45.85 (-0.25), GS: 152.19 (+1.81), AXP: 62.16 (+0.67), NKE: 56.83 (+0.11), HSY: 110.14 (-0.56), ABBV: 64.35 (+0.19), INTC: 34.38 (+0.38), CSCO: 29.43 (+0.17)
5th Quarter of Negative Earnings Growth in Q2
Sheraz Mian - ZACKS - Fri Jul 01, 3:37PM CDT
5th Quarter of Negative Earnings Growth in Q2
FDX: 157.11 (+0.89), AA: 10.14 (+0.32), GE: 32.21 (+0.01), AES: 12.55 (+0.23), AAPL: 96.98 (+0.30), ADBE: 97.14 (+0.35), ORCL: 40.78 (-0.09)