General Electric (NYSE:GE) recently filed a statement with the Securities and Exchange Commission for the initial public offering of its North American retail finance unit. This unit, which post its IPO will be called Synchrony Financial, is the largest issuer of private-label credit cards in the U.S., ahead of Citigroup and Capital One Financial Corp. that are the second and third largest issuers of store credit cards respectively. According to estimates, this GE unit will be valued at around $20 billion. General Electric Company (NYSE:GE) shares after opening at $25.80 moved to $25.92 on last trade day and at the end of the day closed at $25.62. Company price to sales ratio in past twelve months was calculated as 1.77 and price to cash ratio as 2.92. General Electric Company (NYSE:GE) showed positive weekly performance of 1.34%.
Cemex SAB de CV (ADR)(NYSE:CX) announced the pricing of ?400,000,000 of 5.250% Senior Secured Notes due 2021 denominated in Euros (the “Euro Notes”) and U.S.$1,000,000,000 of 6.000% Senior Secured Notes due 2024 denominated in U.S. Dollars (the “U.S. Dollar Notes”) of its indirect subsidiary, CEMEX Finance LLC (the “Issuer”). Cemex SAB de CV (ADR)(NYSE:CX) shares fell -1.47% in last trading session and ended the day on $12.77. CX return on equity ratio is recorded as -10.40% and its return on assets is -3.00%. Cemex SAB de CV (ADR)(NYSE:CX) yearly performance is 8.68%.
Ballard Power Systems Inc. (USA)(NASDAQ:BLDP) registered respective gains of 19.75% and 32.19% yesterday. Ballard Power Systems Inc. (USA)(NASDAQ:BLDP) shares moved down -22.78% in last trading session and was closed at $4.17, while trading in range of $ 4.15 – 5.06 . Ballard Power Systems Inc. (USA)(NASDAQ:BLDP) year to date (YTD) performance is 174.34%.
Capstone Turbine (CPST) has had a great run this year with an over 100% rise in 2014. This rise, however, is not merited and it could give up those gains once investors realize it’s worth only about a fourth of its current share price. Capstone Turbine Corporation (NASDAQ:CPST) weekly performance is -14.69%. On last trading day company shares ended up $2.09. Capstone Turbine Corporation (NASDAQ:CPST) distance from 50-day simple moving average (SMA50) is 15.19%. Analysts mean target price for the company is $2.22.