General Electric Company (NYSE:GE) has announced its first major investment in the Indian solar energy sector. The beneficiary is the largest operational solar power plant in India. The American major has invested $24 million in 151 MW solar photovoltaic power projectowned by Welspun Energy. The plant was commissioned in February this year in Madhya Pradesh under the state’s solar power policy. General Electric Company (NYSE:GE) shares after opening at $26.77 moved to $26.87 on last trade day and at the end of the day closed at $ 26.68 . Company price to sales ratio in past twelve months was calculated as 1.84 and price to cash ratio as 2.02. General Electric Company (NYSE:GE) showed a positive weekly performance of 0.30%.
Manitowoc Company, Inc. (NYSE:MTW) was the recipient of unusually large options trading on Friday. Traders acquired 12,627 call options on the stock, Stock Ratings Network.com reports. This is an increase of approximately 753% compared to the average volume of 1,481 call options. Manitowoc Company, Inc. (NYSE:MTW) shares fell -10.16% in last trading session and ended the day on $29.00. MTW return on equity ratio is recorded as 20.40% and its return on assets is 3.50%. Manitowoc Company, Inc. (NYSE:MTW) yearly performance is 65.90%.
Capstone Turbine Corporation (NASDAQ:CPST) announced on Thursday an offering of 18.8 million shares to a single institutional investor that will raise $30.2 million. The Chatsworth company will use the proceeds for working capital and for other general corporate purposes. The company develops and manufactures low-emission microturbine systems. The offering, which is set at $1.70 a share, is expected to close on May 6. The offering will gross $32 million with a net of $30.2 million after the subtraction of underwriting discounts and commissions. The investor was not disclosed. Capstone Turbine Corporation (NASDAQ:CPST) shares moved down – 4.78% in last trading session and was closed at $1.70 while trading in range of $1.69 – $1.80 – Capstone Turbine Corporation (NASDAQ:CPST) year to date (YTD) performance is 31.40%.
 Masco Corporation (NYSE:MAS) announced that President and Chief Executive Officer Keith Allman will present at the J.P. Morgan Homebuilding & Building Products Conference in New York City, New York on Thursday, May 15, 8:00 a.m. ET. Masco Corporation’s presentation will be webcast live under the Investor Relations section of the Company’s website atwww.masco.com. Masco Corporation (NYSE:MAS) weekly performance is -22.60%. On last trading day company shares ended up $20.55. Masco Corporation (NYSE:MAS) distance from 50-day simple moving average (SMA50) is -7.53%. Analysts mean target price for the company is $23.24.
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