The Board of Directors of 3M Co (NYSE:MMM) appointed Eric D. Hammes as the Company’s Vice President, Corporate Controller and Chief Accounting Officer, effective June 9, 2014. 3M Co (NYSE:MMM) net profit margin is 15.20% and weekly performance is -0.88%. On last trading day company shares ended up $143.36. Analysts mean target price for the company is $146.53. 3M Co (NYSE:MMM) distance from 50-day simple moving average (SMA50) is 3.08%.
June 2, 2014 – ABB Ltd (ADR) (NYSE:ABB), the leading power and automation technology group, has agreed to be a partner in the UN Global Partnership Programme to promote international standards and accelerate the transition to energy efficient equipment such as motors, drives and distribution transformers. ABB Ltd (ADR) (NYSE:ABB) shares fell -0.13% in last trading session and ended the day on $ 23.27. Gross Margin is 28.50% and its return on assets is 5.60%. ABB Ltd (ADR) (NYSE:ABB) quarterly performance is -2.27%.
On June 9, Danaher Corporation (NYSE: DHR) is up Monday following a positive mention in Barron’s over the weekend. Barron’s noted that Danaher relies heavily on M&A for growth and usually favors the practice over stock buybacks to add value for shareholders. The company is known for its Danaher Business System, which is a system of continuous improvement. Danaher Corporation (NYSE:DHR) shares moved up 0.17% in last trading session and was closed at $80.27, while trading in range of $79.92 – $80.49. Danaher Corporation (NYSE:DHR) year to date (YTD) performance is 4.11%.
On June 13, China Ming Yang Wind Power Group Ltd. (NYSE:MY) plans to install a 6-megawatt wind turbine off the coast of Karmoy Island in Norway. Ming Yang will sign a detailed agreement later this year for the project to be built in the Norwegian marine-power test center, it said in a statement on its website. China Ming Yang Wind Power Group Ltd (NYSE:MY) ended the last trading day at $3.51. Company weekly volatility is calculated as 5.26% and price to cash ratio as 2.54. China Ming Yang Wind Power Group Ltd (NYSE:MY) showed a negative weekly performance of -1.96%.
On June 12, ITT Corp (NYSE:ITT) and its Cannon brand interconnect systems have a long legacy of equipping defense forces with innovative, high-reliability connector technologies. These systems are lighter, smaller, sealed and ruggedized versions of our standard high-reliability connectors that offer an increasing number of benefits for soldier-worn applications. ITT Corp (NYSE:ITT) net profit margin is 19.50% and weekly performance is 2.31%. On last trading day company shares ended up $45.67. Analysts mean target price for the company is $47.88. ITT Corp (NYSE:ITT) distance from 50-day simple moving average (SMA50) is 4.37%.