JPMorgan Chase & Co. (JPM) and General Electric Company (NYSE:GE)’s finance arm had their smallest Samurai-bond sales in more than nine years as a global stock rout damped investor demand for debt that offered investors record-low yields. General Electric Capital Corp. sold 55 billion yen ($536 million) in three-year fixed-rate, yen-denominated notes that pay 0.313 percent on Feb. 6, while JPMorgan offered 48.5 billion yen in a two-tranche deal, including three-year fixed-rate notes offering 0.373 percent. Those rates are the lowest ever paid by the companies on the yen-denominated debt, according to data compiled by Bloomberg. General Electric Company (NYSE:GE) stock opened at $25.20 in last trading session, and closed at $25.19, trading in the range of $25.00 – $25.28. The stock showed a positive weekly performance of 0.24%.
Honeywell International Inc. (NYSE:HON) will get $75 million from the U.S. government to end a decade-long patent dispute over night-vision goggle technology used in Lockheed Martin Corp. (LMT)’s F-16 fighter jet. Honeywell International Inc. (NYSE:HON) shares closed at $93.16 on last trade day, by gaining 2.22%. Stock 52 week range is $68.84 – $93.29. Company’s market capitalization is $73.10 billion.
United Technologies Corp. (NYSE:UTX)‘s stock had its “buy” rating reaffirmed by equities researchers at TheStreet in a research report issued on Friday, Analyst Ratings.Net reports. United Technologies Corporation (NYSE:UTX) stock climbed 1.17% and finished the last session at $110.73. The EPS of the stock remained 6.21. Company’s market capitalization is $101.74 billion.
Janney Montgomery Scott restated their fair value rating on shares of Danaher Corp. (NYSE:DHR) in a research note issued to investors on Tuesday, American Banking News.com reports. The firm currently has a $89.00 price target on the stock, up from their previous price target of $83.00. Danaher Corporation (NYSE:DHR) stock opened at $74.29 in last trading session and closed at $75.12. The 52 week range of the stock is $57.61 – $78.80 and the day range was $73.85 – $75.29.
Leave a Reply