Caterpillar Inc. (NYSE:CAT) is facing 15 lawsuits over charges of problems in engines the company supplied for trucks and buses. While no deaths or injuries resulted, regular breakdowns and even engine fires were cited as among the problems faced by companies that purchased the engines. Caterpillar Inc. (NYSE:CAT) net profit margin is % and weekly performance is -1.78%. On last trading day company shares ended up $106.81. Analysts mean target price for the company is $111.96. Caterpillar Inc. (NYSE:CAT) distance from 50-day simple moving average (SMA50) is 2.38%.
On June 9, Danaher Corporation (NYSE:DHR) is up Monday following a positive mention in Barron’s over the weekend. Barron’s noted that Danaher relies heavily on M&A for growth and usually favors the practice over stock buybacks to add value for shareholders. The company is known for its Danaher Business System, which is a system of continuous improvement. Danaher Corporation (NYSE:DHR) shares fell -0.25% in last trading session and ended the day on $ 80.07. Gross Margin is 52.20% and its return on assets is 7.60%. Danaher Corporation (NYSE:DHR) quarterly performance is 7.12%.
Shares of ABB Ltd (ADR) (NYSE:ABB) fell 0.13% after the company announced on Jun 12 that it has completed the deployment of three gearless mill drive systems (GMDs) for Chile based Codelco’s Mina Ministro Hales (:MMH). ABB Ltd (ADR) (NYSE:ABB) was closed at $23.27, while trading in range of $23.18 – $23.31. ABB Ltd (ADR) (NYSE:ABB) year to date (YTD) performance is -9.46%.
Honeywell International Inc. (NYSE:HON) company, announced that Honeywell Green Jet Fuel™ produced from its UOP Renewable Jet Fuel process will power 200 commercial flights on GOL Airlines during the 2014 FIFA World Cup™ in Brazil. Honeywell International Inc. (NYSE:HON) ended the last trading day at $93.80. Company weekly volatility is calculated as 0.90% and price to cash ratio as8.95. Honeywell International Inc. (NYSE:HON) showed a negative weekly performance of -2.10%.
On June 13, China Ming Yang Wind Power Group Ltd. (NYSE:MY) plans to install a 6-megawatt wind turbine off the coast of Karmoy Island in Norway. Ming Yang will sign a detailed agreement later this year for the project to be built in the Norwegian marine-power test center, it said in a statement on its website. China Ming Yang Wind Power Group Ltd (NYSE:MY) net profit margin is 10.10% and weekly performance is -2.47%. On last trading day company shares ended up $3.56. Analysts mean target price for the company is $0.90. China Ming Yang Wind Power Group Ltd (NYSE:MY) distance from 50-day simple moving average (SMA50) is 24.25%.
Leave a Reply