Diversified Machinery: General Electric (NYSE:GE), 3M Co (NYSE:MMM), ABB Ltd (NYSE:ABB), China Ming Yang Wind Power Group (NYSE:MY)

General Electric Company (NYSE:GE) is returning to its industrial and manufacturing roots and with its manufacturing prowess in a range of high-tech areas including aircraft engines and power turbines, GE is one company that is for built to last. GE will be showing strong revenues and profits 10, 20 and even 50 years in the future. – See more at: http://basicsmedia.com/general-electric-company-nysege-enduring-strength-9027#sthash.rzgzfIg7.dpuf General Electric Company (NYSE:GE) shares after opening at $25.90 moved to $26.02 on last trade day and at the end of the day closed at $25.88. Company price to sales ratio in past twelve months was calculated as 1.78 and price to cash ratio as 2.93. General Electric Company (NYSE:GE) showed a positive weekly performance of 1.89%.

TheStreet Ratings rates 3M Co (NYSE:MMM) as a buy. The company’s strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, expanding profit margins and growth in earnings per share. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. 3M Co (NYSE:MMM) shares advanced 1.02% in last trading session and ended the day on $134.20. MMM return on equity ratio is recorded as 26.20% and its return on assets is 13.80%. 3M Co (NYSE:MMM) yearly performance is 29.42%.

Recently, ABB Ltd. (ABB) announced that its has signed an agreement to divest Thomas & Betts’ heating, ventilation and air conditioning (HVAC) business to Nortek Inc. (NTK). The deal is an all-cash transaction valued at $260 million and is expected to close in the second quarter of 2014. The strategic decision to divest the HVAC business has come after a careful consideration through the continuous process of portfolio optimization.ABB Ltd (ADR) (NYSE:ABB) shares moved up 1.51% in last trading session and was closed at $25.58, while trading in range of $25.45-$25.66. ABB Ltd (ADR) (NYSE:ABB) year to date performance is -3.69%.

The China Ming Yang Wind Power Group Ltd (NYSE:MY) is a wind turbine manufacturer in China, focusing on designing, manufacturing, selling and servicing megawatt-class wind turbines. The Company’s products consist of basic models of wind turbines, each with a rated power capacity of 1.5 megawatt (MW); wind turbines with a rated power capacity of 2.0MW, and 2.5/3.0MW SCD wind turbines.China Ming Yang Wind Power Group Ltd (NYSE:MY) weekly performance is -16.38%. On last trading day company shares ended up $2.91. China Ming Yang Wind Power Group Ltd (NYSE:MY) distance from 50-day simple moving average is -5.83%. Analysts mean target price for the company is $0.90.