General Electric Company (NYSE:GE) is sending a top executive to Paris on Friday as it works to save a $17 billion deal to buy Alstom SA’s energy business. The French government late Wednesday issued a decree giving itself the power to block the deal. French Economy Minister Arnaud Montebourg, a proponent of government intervention in corporate affairs and an opponent of General Electric Company (NYSE:GE)’s bid, touted the new powers. They allow the government to veto foreign investment in energy, water, transport and other sectors deemed strategic to the country. General Electric Company (NYSE:GE) net profit margin is 8.60% and weekly performance is 0.61%. On last trading day company shares ended up $26.60. Analysts mean target price for the company is $29.00. General Electric Company (NYSE:GE) distance from 50-day simple moving average (SMA50) is 2.00%.
Intel and 3M Co (NYSE:MMM) – two of the world’s most innovative brands – have begun their fourth year working with SocialChorus. The fact that Target, Kia, Nestle, Clorox, Microsoft and dozens of category-leading brands have also chosen SocialChorus to power their Advocate Marketing is such a highlight. 3M Co (NYSE:MMM) shares fell -0.44% in last trading session and ended the day on $140.98. MMM Gross Margin is 48.20% and its return on assets is 14.10%. 3M Co (NYSE:MMM) quarterly performance is 8.33%.
William Blair upgraded shares of Polypore International, Inc (NYSE:PPO) from a market perform rating to an outperform rating in a report released on Wednesday, TheFlyOnTheWall.com reports. Polypore International, Inc. (NYSE:PPO) shares moved down -0.93% in last trading session and was closed at $42.77, while trading in range of $42.08 – $43.01. Polypore International, Inc. (NYSE:PPO) year to date (YTD) performance is 9.95%.
Dover Corp (NYSE:DOV) announced that President and Chief Executive Officer, Robert A. Livingston will be presenting at the Electrical Products Group Conference in Longboat Key, Florida on Tuesday, May 20 at 1:15 p.m. Eastern time. Dover Corp (NYSE:DOV) ended the last trading day at $85.77. Company weekly volatility is calculated as 150% and price to cash ratio as 29.38. Dover Corp (NYSE:DOV) showed a negative weekly performance of -0.15%.
Intesa Sanpaolo SpA (ADR) (OTCMKTS:ISNPY), Italy’s second-biggest bank, said first-quarter profit rose 64 percent, beating analysts’ estimates, on lower provisions and gains from the sale of its stake in Pirelli & C. SpA. (PC). Net income rose to 503 million euros ($687 million) from 306 million euros a year earlier, and includes a 59 million-euro gain from the Pirelli sale, the Milan-based bank said in a statement. Earnings exceeded the 281.5 million-euro average estimate of six analysts surveyed by Bloomberg. Intesa Sanpaolo Spa (ADR) (OTCMKTS:ISNPY) on last trading day company shares ended up $18.20.
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