General Electric Company (NYSE:GE) and Alstom announced that GE has submitted a binding offer to acquire the Thermal, Renewables (“Power”) and Grid businesses of Alstom (ALO.PA) consisting of $13.5 billion (€9.9 billion) enterprise value and $3.4 billion (€2.5 billion) of net cash, totaling $16.9 billion (€12.35 billion). General Electric Company (NYSE:GE) shares after opening at $26.83 moved to $26.88 on last trade day and at the end of the day closed at $26.76 . Company price to sales ratio in past twelve months was calculated as 2.22 and price to cash ratio as 2.02. General Electric Company (NYSE:GE) showed a positive weekly performance of 0.68%.
CEMEX, S.A.B. de C.V. (ADR) (NYSE:CX) announced that it has filed its annual report for the fiscal year ended December 31, 2013 on Form 20-F with the United States Securities and Exchange Commission (the “SEC”). Cemex SAB de CV (ADR) (NYSE:CX) shares advanced 2.63% in last trading session and ended the day on $12.49. CX return on equity ratio is recorded as -10.40% and its return on assets is -3.00%. Cemex SAB de CV (ADR) (NYSE:CX) yearly performance is 15.65%.
Capstone Turbine Corporation (NASDAQ:CPST)the world’s leading clean technology manufacturer of microturbine energy systems, celebrated Earth Day by participating in a wire cutting ceremony in commemoration of Phoenix Contact’s newly installed 1000kW combined cooling, heating, and power (CCHP) system by symbolically disconnecting the facility from the electric grid. Capstone Turbine Corporation (NASDAQ:CPST) shares moved down -5.66% in last trading session and was closed at $2.00 while trading in range of $1.97 – $2.12 – Capstone Turbine Corporation (NASDAQ:CPST) year to date (YTD) performance is 55.04%.
ABB Ltd (ADR) (NYSE:ABB) stock is tumbling on Tuesday after the company posted below-consensus revenue and earnings in its first quarter. ABB Ltd (ADR) (NYSE:ABB) weekly performance is -7.30%. On last trading day company shares ended up $24.12. ABB Ltd (ADR) (NYSE:ABB) distance from 50-day simple moving average (SMA50) is -5.34%. Analysts mean target price for the company is $28.33.
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