Industrial Goods Most Active Stocks: General Electric (NYSE:GE), Tri Pointe Homes (NYSE:TPH), Weyerhaeuser Company (NYSE:WY), Cemex SAB de CV (NYSE:CX)

Posted by on Jul 09, 2014

On 7 JULY General Electric Company (NYSE:GE) said it feels that the accumulated waste is now a boon for generating energy. France’s renewable energy production will result in rise of the graph, numerous times owing to the trash that has been collected, playing a bright role in France’s renewable energy production. General Electric Company (NYSE:GE) net profit margin is 8.60% and weekly performance is 0.34%. On last trading day company shares ended up $26.37. Analysts mean target price for the company is $28.90. General Electric Company (NYSE:GE) distance from 50-day simple moving average (SMA50) is -0.65%.

Tri Pointe Homes Inc (NYSE:TPH) announced that its Reverse Morris Trust transaction with Weyerhaeuser Company has closed. The transaction, one of the biggest in homebuilding industry history, has resulted in the merger of TRI Pointe with Weyerhaeuser’s homebuilding subsidiary, Weyerhaeuser Real Estate Company (“WRECO”). Tri Pointe Homes Inc (NYSE:TPH) shares advanced 1.26% in last trading session and ended the day on $16.05. TPH Gross Margin is 22.00% and its return on assets is 4.20%. Tri Pointe Homes Inc (NYSE:TPH) quarterly performance is -0.74%.

Weyerhaeuser Company (NYSE:WY) announced the successful closing of the previously announced “Reverse Morris Trust” transaction, pursuant to which a wholly owned subsidiary of TRI Pointe Homes, Inc. merged with and into Weyerhaeuser Real Estate Company (WRECO), Weyerhaeuser’s homebuilding business. Therefore WRECO will become a wholly owned subsidiary of TRI Pointe. Weyerhaeuser Company (NYSE:WY) shares moved up 0.51% in last trading session and was closed at $33.35, while trading in range of $33.04 – $33.60. Weyerhaeuser Company (NYSE:WY) year to date (YTD) performance is 7.20%.

Cemex SAB de CV (ADR) (NYSE:CX) reported ($0.24) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.17) by $0.07. The company had revenue of $3.59 million for the quarter, compared to the consensus estimate of $3.46 billion. On average, analysts predict that Cemex SAB de CV will post $-0.19 earnings per share for the current fiscal year. Cemex SAB de CV (ADR) (NYSE:CX) ended the last trading day at $13.39. Company weekly volatility is calculated as 1.61% and price to cash ratio as 19.16. Cemex SAB de CV (ADR) (NYSE:CX) showed a positive weekly performance of 1.21%.

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