General Electric Company (NYSE:GE) will bring 1,400 jobs to Greater Cincinnati for a new U.S. Global Operations Center, in offices it expects to have built by 2017. General Electric Company (NYSE:GE) shares after opening at $26.09 moved to $26.11 on last trade day and at the end of the day closed at $25.58. Company price to sales ratio in past twelve months was calculated as 1.76 and price to cash ratio as 2.90. General Electric Company (NYSE:GE) showed a negative weekly performance of -2.48%.
Wells Fargo & Co. (NYSE:WFC), a bellwether for the mortgage and housing sector, is expected to report a rise in profit in the first quarter of 2014, largely from strong expense control and less so from the release of reserves set aside for bad loans as higher rates have continued to eat into the bank’s lucrative mortgage business.Wells Fargo & Co (NYSE:WFC) shares fell -2.83% in last trading session and ended the day on $47.71. WFC return on equity ratio is recorded as 13.90% and its return on assets is 1.40%. Wells Fargo & Co (NYSE:WFC) yearly performance is 30.86%.
Since A. G. Lafley returned last year for a second stint as chief executive of The Procter & Gamble Company (NYSE:PG), investors have been waiting for him to make a big move. On Wednesday, they got a small but significant first step. The Procter & Gamble Company (NYSE:PG) shares moved down -0.49% in last trading session and was closed at $81.09, while trading in range of $80.89-$82.13. The Procter & Gamble Company (NYSE:PG) year to date performance is 0.36%.
International Business Machines Corp. (NYSE:IBM)‘s stock had its “hold” rating restated by equities research analysts at Deutsche Bank in a research note issued to investors on Thursday, Stock Ratings Networkreports. They currently have a $200.00 price objective on the stock. Deutsche Bank’s price target would suggest a potential upside of 3.47% from the company’s current price.International Business Machines Corp. (NYSE:IBM) weekly performance is 1.55%. On last trading day company shares ended up $195.68. International Business Machines Corp. (NYSE:IBM) distance from 50-day simple moving average is 5.78%. Analysts mean target price for the company is $192.50.
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