Goldman Sachs cut shares of General Electric Company (NYSE:GE), from a conviction-buy rating to a neutral rating in a research report sent to investors on Monday morning. General Electric Company (NYSE:GE), net profit margin is 8.60% and weekly performance is -0.30%. On last trading day company shares ended up $26.32. Analysts mean target price for the company is $28.90. General Electric Company (NYSE:GE), distance from 50-day simple moving average (SMA50) is -0.84%.
Weyerhaeuser Company (NYSE:WY), announced the final proration factor of approximately 28.55 percent for its exchange offer of Weyerhaeuser common shares. The exchange offer was in connection with the separation and combination of Weyerhaeuser’s homebuilding business, Weyerhaeuser Real Estate Company (“WRECO”), with a subsidiary of TRI Pointe Homes, Inc. (“TRI Pointe”). At 12:00 midnight, New York City time, on July 2, 2014, the exchange offer expired. On July 7, 2014, a subsidiary of TRI Pointe merged with and into WRECO, with WRECO surviving the merger and becoming a wholly owned subsidiary of TRI Pointe. Weyerhaeuser Company (NYSE:WY), fell 0.75% in last trading session and ended the day on $33.10. WY, Gross Margin is 21.40% and its return on assets is 4.00%. Weyerhaeuser Company (NYSE:WY), quarterly performance is 16.80%.
The Boeing Company (NYSE:BA) said that it has finalized a deal worth $56 billion for 150 777X planes with Dubai-based Emirates, which locked in the single largest order for Boeing at the Dubai Airshow in November. The Boeing Company (NYSE:BA), in last trading session was closed at $126.79, while trading in range of $125.91 – 128.32. The Boeing Company (NYSE:BA), year to date (YTD) performance is -6.06%.
Cemex SAB de CV (ADR) (NYSE:CX), was the recipient of a significant decrease in short interest during the month of June. As of June 13th, there was short interest totalling 89,527,452 shares, a decrease of 4.0% from the May 30th total of 93,284,326 shares, American Banking News reports. Approximately 7.4% of the company’s stock are sold short. Based on an average daily trading volume, of 9,584,575 shares, the short-interest ratio is currently 9.3 days. Cemex SAB de CV (ADR) (NYSE:CX), ended the last trading day at $13.43. Company weekly volatility is calculated as 1.70% and price to cash ratio as 19.21. Cemex SAB de CV (ADR) (NYSE:CX), showed a negative weekly performance of 0.15%.
Home builder Tri Pointe Homes Inc (NYSE:TPH), vaulted into the big leagues Monday by completing its $2.8 billion acquisition of Weyerhaeuser Co.’sWY -0.75% home-building operations. Tri Pointe Homes Inc (NYSE:TPH), net profit margin is 6.40% and weekly performance is -0.50%. On last trading day company shares ended up $15.77. Analysts mean target price for the company is $19.00. Tri Pointe Homes Inc (NYSE:TPH), distance from 50-day simple moving average (SMA50) is -2.07%.
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