CFM International, the joint venture partner of General Electric Co. (NYSE:GE) and Pratt & Whitney, a unit of United Technologies Corp. ( UTX ), are contesting with each other for replacing these jet engines. Both Pratt & Whitney and CFM International have pledged a reduction of at least 15% in fuel consumption in the new-generation engines, compared with their older counterparts. General Electric Company (NYSE:GE) stock opened at $25.31 in last session, and closed at $25.12, while the day range of stock is $25.02 – $25.32. The stock showed a negative weekly performance of -1.06%.
PulteGroup Inc. (NYSE:PHM)‘s stock had its “neutral” rating restated by Zacks in a research note issued to investors on Tuesday, American Banking and Market News reports. PulteGroup, Inc. (NYSE:PHM) stock opened at $19.71, in last session and closed at $20.02, by gaining 1.83%. The 52 week range of the stock is $14.23 – $24.47. Company’s market capitalization is $7.63 billion.
Sterne Agee upgraded shares of Cemex SAB de CV (NYSE:CX) from a neutral rating to a buy rating in a report issued on Wednesday morning, TheFlyOnTheWall.com reports. They currently have $16.00 target price on the stock. Cemex SAB de CV (ADR) (NYSE:CX) stock advanced 0.90% and finished the last session at $13.40. The EPS of the stock remained -0.71. Company’s market capitalization is $15.31 billion.
Caterpillar Inc. (NYSE:CAT)’s shares have gained 6.7% YTD, more than double their 2013 gain, and Deutsche Bank’s Vishal Shah thinks they can move another 25% higher, rating CAT a Buy with a $122 price target. Caterpillar Inc. (NYSE:CAT) stock opened the session at $96.51, and closed the session at $96.92. The 52 week range of the stock remained $79.49 – $97.67 and the day range was $95.30 – $97.52.
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