General Electric Company (NYSE:GE) plans to intensify research focusing on complex energy projects such as waterless fracking and gas turbine efficiency by earmarking an additional $10 billion through 2020 for its “ecoimagination” budget. The new spending is set to be announced by Chief Executive Jeff Immelt on Monday. General Electric Company (NYSE:GE) stock opened at $25.02 in last session, and closed at $25.29, while the day range of stock is $24.96 – $25.45. The stock showed a negative weekly performance of -0.90%.
PulteGroup Inc. (NYSE:PHM) Insider John James Chadwick sold 75,000 shares of the company’s stock in a transaction that occurred on Friday, February 21st. PulteGroup, Inc. (NYSE:PHM) stock opened at $20.42, in last session and closed at $20.42, by gaining 0.25%. The 52 week range of the stock is $14.23 – $24.47. Company’s market capitalization is $7.79 billion.
Cemex SAB de CV (ADR) (NYSE:CX) is a buy here and now. Barons has hoisted view on the ticker from the previous “neutral” to now “buy” and assigned price target of $16 on the stock. The analysts are actually impressed by the company’s recent attractive earnings as well as the trend in the construction and stock markets. Cemex SAB de CV (ADR) (NYSE:CX) was not very lucky in the previous trading session. Cemex SAB de CV (ADR) (NYSE:CX) stock decreased -0.08% and finished the last session at $13.23. The EPS of the stock remained -0.71. Company’s market capitalization is $15.11 billion.
Ballard Power Systems Inc. (NASDAQ:BLDP) is engaged in design, development, manufacture, sale and service of fuel cell products for a variety of applications, focusing on motive power (material handling and buses) and stationary power (back-up power and distributed generation). It is also engaged in proton exchange membrane (PEM) fuel cell development and commercialization. Ballard Power Systems Inc. (USA) (NASDAQ:BLDP) stock opened the session at $2.42, and closed the session at $2.82. The 52 week range of the stock remained $0.68 -$2.82 and the day range was $2.42 – $2.82.