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 GE’s bid, touted the new powers. 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%.
Mexico’s Cemex SAB de CV (ADR) (NYSE:CX), on Thursday promoted Chief Financial Officer Fernando Gonzalez to chief executive, signaling continuity after the sudden death of Lorenzo Zambrano earlier this week. Cemex SAB de CV (ADR) (NYSE:CX) shares fell -0.88% in last trading session and ended the day on $12.42. CX Gross Margin is 31.10% and its return on assets is -3.00%. Cemex SAB de CV (ADR) (NYSE:CX) quarterly performance is 0.40%.
D.R. Horton, Inc. (NYSE:DHI) has regularly bought homebuilding operations of smaller local homebuilders to expand its geographic presence. In fact, the company enjoys one of the broadest geographic diversities in the industry and is not dependent on any one market. D.R. Horton, Inc. (NYSE:DHI) shares moved up 0.59% in last trading session and was closed at $2.25, while trading in range of $21.47 – $22.36.
Masco Corporation (NYSE:MAS) raises quarterly dividend to 9c per share from 7.5c per share. This increased dividend is payable on July 15, to shareholders of record on June 16. Masco Corporation (NYSE:MAS) ended the last trading day at $20.15. Company weekly volatility is calculated as 2.93% and price to cash ratio as 4.65. Masco Corporation (NYSE:MAS) showed a positive weekly performance of 2.13%.
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