(GE) General Electric Earnings Beat Expectations on Lower Revenue
General Electric Company (GE) released its earnings results for third quarter of 2010 before the opening bell today, reporting earnings per share of 29 cents, beating the Zacks Consensus estimate of 27...
View Article(UTX) UTX Technologies Beats The Street on Lower Revenue
United Technologies Corp. (UTX) reported third-quarter earnings per share from continuing operations of $1.43, above the Zacks Consensus Estimate of $1.28. The year-over-year increase in the company’s...
View Article(MMM) 3M Company Quarterly Earnings Scorecard
On October 28, 3M Company (MMM) reported its third quarter fiscal 2010 earnings of $1.53 per share, ahead of the Zacks Consensus Estimate. With a 13% increase in its earnings, the company’s sales...
View Article(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...
View Article(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...
View Article(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,...
View Article(GE) General Electric Displays NexGen X-Ray Detector at Radiological Society...
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...
View Article(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...
View Article(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...
View Article(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...
View Article(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...
View Article(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...
View Article(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...
View Article(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....
View Article(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...
View Article(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,...
View Article(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...
View Article(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...
View Article(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...
View Article(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...
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