Tag: according to people familiar with the matter

  • Caterpillar Inc. (NYSE:CAT) Lagged: Wal-Mart Store (NYSE:WMT), Visa Inc. (NYSE:V), General Electric Company (NYSE:GE), International Business Machines (NYSE:IBM), The Home Depot (NYSE:HD)

    The Board of Directors of Caterpillar Inc. (NYSE:CAT) voted Wednesday to increase the quarterly cash dividend by 17 percent to 70 cents a share of common stock, payable August 20, 2014, to stockholders of record at the close of business on July 21, 2014. Caterpillar Inc. (NYSE:CAT) net profit margin is 6.90% and weekly performance is 4.20%. On last trading day company shares ended up $108.69. Analysts mean target price for the company is $111.96. Caterpillar Inc. (NYSE:CAT) distance from 50-day simple moving average (SMA50) is 4.62%.

    Wal-Mart Stores Inc. (NYSE:WMT) delivery driver Kevin Roper, 35, who was arraigned in New Brunswick, New Jersey, had not slept in more than 24 hours when he triggered the fatal crash, according to prosecutors. Wal-Mart Stores, Inc. (NYSE:WMT) shares fell -0.60% in last trading session and ended the day on $76.16. WMT gross Margin is 24.80% and its return on assets is 9.60%.Wal-Mart Stores, Inc. (NYSE:WMT) quarterly performance is 1.45%.

    Visa Inc. (NYSE:V) wants to make it easier for people to spot a cheaper prepaid card. The payment processor said it will put labels on packages of cards that meet a new set of standards it unveiled. Visa Inc. (NYSE:V) shares moved down -0.73% in last trading session and was closed at $212.68, while trading in range of $212.12 – $213.91. Visa Inc. (NYSE:V) year to date (YTD) performance is -4.14%.

    Industrial conglomerate General Electric Company (NYSE:GE) promised investors it would get back to its industrial roots. Equally and perhaps more important, CEO Jeff Immelt is no longer interested in prolonging the weak GE Capital finance unit. General Electric Company (NYSE:GE) ended the last trading day at $27.15. Company weekly volatility is calculated as 1.38% and price to cash ratio as 3.13.General Electric Company (NYSE:GE) showed a positive weekly performance of 2.26%.

    International Business Machines Corp. (NYSE:IBM) is nearing a deal with Globalfoundries for its chip-manufacturing business, according to people familiar with the matter, after searching for a buyer for the money-losing unit since last year. International Business Machines Corp. (NYSE:IBM) net profit margin is 19.10% and weekly performance is -1.22%. On last trading day company shares ended up $182.25. Analysts mean target price for the company is $194.48. International Business Machines Corp. (NYSE:IBM) distance from 50-day simple moving average (SMA50) is -3.86%.

    Research analysts at Goldman Sachs boosted their price objective on shares of The Home Depot Inc. (NYSE:HD) to $93.00 in a report released on Wednesday. Goldman Sachs’ target price would indicate a potential upside of 15.18% from the stock’s previous close. The Home Depot, Inc. (NYSE:HD) shares moved down -1.15% in last trading session and was closed at $79.81, while trading in range of $79.76 – $80.73. The Home Depot, Inc. (NYSE:HD) year to date (YTD) performance is -1.94%.