General Electric Company (NYSE:GE) $16.9 billion bid for Alstom SA energy business could be subject to alteration, as the US giant seeks to consummate its biggest deal ever. General Electric Company (NYSE:GE) net profit margin is 8.60% and weekly performance is 0.94%. On last trading day company shares ended up $26.74. Analysts mean target price for the company is $28.90. General Electric Company (NYSE:GE) distance from 50-day simple moving average (SMA50) is 1.98%.
Astrotech Corporation (NASDAQ:ASTC) has announced a major step in its strategic evolution with the signing of a definitive agreement to sell the assets constituting its Astrotech Space Operations business (ASO) to Lockheed Martin Corporation, including the assets of its wholly owned subsidiary, Astrotech Space Operations, for $61 million. Astrotech Corp (NASDAQ:ASTC) shares advanced 41.07% in last trading session and ended the day on $3.16. ASTC gross Margin is 41.70% and its return on assets is 1.50%.Astrotech Corp (NASDAQ:ASTC) quarterly performance is 19.70%.
Rexnord Corporation (NYSE:RXN) announced the pricing of the previously announced public offering of its common stock held by certain funds affiliated with Apollo Global Management, LLC (collectively with its subsidiaries, “Apollo”) (NYSE: APO). Pursuant to the terms of the offering, the Apollo funds, which are the sole selling stockholders, will sell 15,000,000 shares of Rexnord common stock at a price to the public of $25.50 per share. Rexnord Corp (NYSE:RXN) shares moved down -2.98% in last trading session and was closed at $25.40, while trading in range of $25.08 – $25.60. Rexnord Corp (NYSE:RXN) year to date (YTD) performance is -5.96%.
RBC Capital upgrades D.R. Horton Inc. (NYSE: DHI) from Sector Perform to Outperform with a price target of $27.D.R. Horton, Inc. (NYSE:DHI) ended the last trading day at $23.88. Company weekly volatility is calculated as 3.11% and price to cash ratio as 8.16.D.R. Horton, Inc. (NYSE:DHI) showed a positive weekly performance of 7.96%.
Ballard Power Systems (NASDAQ:BLDP)(TSX: BLD) congratulates transit authority Regional Verkehr Koln (RVK) of Cologne, Germany as well as Van Hool NV, Europe’s fourth largest bus manufacturer, for delivery of two (2) 13 meter (40 foot) buses powered by Ballard’s FCvelocity®-HD6 fuel cell modules. Ballard Power Systems Inc. (USA) (NASDAQ:BLDP) net profit margin is -24.60% and weekly performance is 12.46%. On last trading day company shares ended up $3.70. Analysts mean target price for the company is $3.92. Ballard Power Systems Inc. (USA) (NASDAQ:BLDP) distance from 50-day simple moving average (SMA50) is -3.60%.