US Company General Electric (NYSE:GE) has committed to creating 1,000 new industrial jobs in France after meeting French President Francois Hollande about its bid to takeover local firm Alstom’s energy assets. General Electric Company (NYSE:GE) net profit margin is 8.60% and weekly performance is 1.06%. On last trading day company shares ended up $26.79. Analysts mean target price for the company is $28.90. General Electric Company (NYSE:GE) distance from 50-day simple moving average (SMA50) is 2.09%.
Ocean Power Technologies Inc. (NASDAQ:OPTT) is abandoning its project off the Oregon Coast even after receiving nearly $9 million in state and federal grants, saying the money is not enough to cover costs. Instead, the company will focus on another wave energy project in Australia after that country’s government committed $62 million in development funds. Ocean Power Technologies Inc. (NASDAQ:OPTT) shares fell -0.40% in last trading session and ended the day on $2.49. OPTT gross Margin is 0.00% and its return on assets is -53.60%.Ocean Power Technologies Inc. (NASDAQ:OPTT) quarterly performance is -38.67%.
Adept Technology, Inc. (NASDAQ:ADEP), a leading provider of intelligent robots, autonomous mobile robot solutions, and services, on 28 may announced that it has entered the Southern European market on a direct basis by hiring Marco Mina as a sales engineer covering Italy. Adept Technology Inc. (NASDAQ:ADEP) shares moved down -3.23% in last trading session and was closed at $11.68, while trading in range of $11.30 – $12.29. Adept Technology Inc. (NASDAQ:ADEP) year to date (YTD) performance is -30.85%.
Ideal Power Inc. (NASDAQ:IPWR) announced on 14 may, Revenues for the three months ended March 31, 2014 of $291,095 were $89,040, or 23%, lower than the $380,135 we earned in revenues for the three months ended March 31, 2013. Ideal Power Inc. (NASDAQ:IPWR) ended the last trading day at $7.52. Company weekly volatility is calculated as 4.89% and price to cash ratio as 3.74.Ideal Power Inc. (NASDAQ:IPWR) showed a negative weekly performance of -4.81%.
Rexnord Corp (NYSE:RXN) was upgraded by equities researchers at ING Group from a “sell” rating to a “buy” rating in a research report issued on Wednesday. Rexnord Corp (NYSE:RXN) net profit margin is 0.70% and weekly performance is -0.58%. On last trading day company shares ended up $25.57. Analysts mean target price for the company is $29.71. Rexnord Corp (NYSE:RXN) distance from 50-day simple moving average (SMA50) is -7.42%.