General Electric Company (NYSE:GE) Digital Energy business announced it will provide series compensation capabilities to three of SP Power Systems Limited’s (Scottish Power) facilities in southern Scotland, helping the utility meet and mitigate today’s highly complex and technical grid challenges. General Electric Company (NYSE:GE) shares after opening at $26.01 moved to $26.20 on last trade day and at the end of the day closed at $26.12. Company price to sales ratio in past twelve months was calculated as 1.79 and price to cash ratio as 2.96. General Electric Company (NYSE:GE) showed a positive weekly performance of 0.66%.
Equities researchers at JPMorgan Chase & Co. boosted their price target on shares of Caterpillar Inc (NYSE:CAT) from $92.00 to $96.00 in a research report issued on Thursday, Analyst Ratings Network.com reports. The firm currently has a “neutral” rating on the stock. Caterpillar Inc. (NYSE:CAT) shares advanced 1.01% in last trading session and ended the day on $102.93. CAT return on equity ratio is recorded as 20.30% and its return on assets is 4.40%. Caterpillar Inc. (NYSE:CAT) yearly performance is 29.78%.
Cemex SAB de CV (ADR) (NYSE:CX) plans to challenge the tax penalty that was dealt its unit in Spain. The Spanish tax authorities slapped the company’s unit in the country with a 455 million euros tax-related fine following an audit. Cemex SAB de CV (ADR) (NYSE:CX) shares moved up 2.92% in last trading session and was closed at $13.02 while trading in range of $12.65 – $13.05 – Cemex SAB de CV (ADR) (NYSE:CX) year to date (YTD) performance is 10.06%.
Marvell Technology Group Ltd. (NASDAQ:MRVL) has reported some good set of numbers in the fourth quarter, which has topped the analyst’s estimates. In fact it had an outstanding performance throughout the year due to which the stock has soared more than 50%. Marvell Technology Group Ltd. (NASDAQ:MRVL) weekly performance is -4.17%. On last trading day company shares ended up $15.27. Marvell Technology Group Ltd. (NASDAQ:MRVL) distance from 50-day simple moving average (SMA50) is -1.51%. Analysts mean target price for the company is $16.42.
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