General Electric Company (NYSE:GE) and Siemens defended rival proposals to buy the power arm of Alstom on Tuesday, both assuring France that its prized engineering firm would emerge strengthened, including in its remaining transport business. General Electric Company (NYSE:GE) net profit margin is 8.60% and weekly performance is -0.15%. On last trading day company shares ended up $26.57. Analysts mean target price for the company is $28.90. General Electric Company (NYSE:GE) distance from 50-day simple moving average (SMA50) is 1.54%.
On May 19, PulteGroup Inc. (NYSE:PHM) is building La Solana along North Valley Parkway and Dove Valley Road. Pulte is developing 109 home sites and plans to offer four new furnished models in June, said Jacque Petroulakis, a company spokeswoman. PulteGroup, Inc. (NYSE:PHM) shares advanced 0.51% in last trading session and ended the day on $19.80. Gross Margin is 22.00% and its return on assets is 33.20%. PulteGroup, Inc. (NYSE:PHM) quarterly performance is -4.02%.
On May 21,Cemex SAB de CV (ADR) (NYSE:CX) new leadership says its top priority is to regain the cement company’s investment-grade rating, which it lost when it had to refinance $15B worth of debt during the financial crisis. Cemex is rated at B+, four levels below investment grade, by S&P and Fitch.Cemex may also make acquisitions, particularly with Lafarge and Holcim planning to sell assets as part of their $40B merger.New Chairman Rogelio Zambrano is optimistic about Cemex’s future, especially as the Mexican government plans to spend $590B over the next five years on investment.Zambrano took over from Lorenzo Zambrano, who died suddenly last week. The new CEO is Fernando González. Cemex SAB de CV (ADR) (NYSE:CX) shares moved up 0.62% in last trading session and was closed at $12.93, while trading in range of $12.89 – $13.02. Cemex SAB de CV (ADR) (NYSE:CX) year to date (YTD) performance is 13.72%.
Weyerhaeuser Company (NYSE:WY) is up with its exchange offer that it announced on November 4, 2013. It is an exchange offer related with the “Reverse Morris Trust” transaction. It is an initiative to split-off its real estate business. As per the offer, WRECO and a wholly owned subsidiary of Tri Pointe Homes Inc (NYSE:TPH) will merge. WRECO will then become a wholly owned subsidiary of TPH. It will provide tax benefits to the participating Weyerhaeuser shareholders. Weyerhaeuser Company (NYSE:WY) ended the last trading day at $30.90. Company weekly volatility is calculated as 1.62% and price to cash ratio as 23.18. Weyerhaeuser Company (NYSE:WY) showed a positive weekly performance of 2.28%.
D.R. Horton, Inc (NYSE:DHI) has now announced that it has acquired homebuilding operations of the Crown Communities, that builds in Georgia & South Carolina, and in eastern Alabama. These homebuilding assets acquired include the sales-order backlog of around 420 homes sold, and 640 homes that are in inventory & 2,350 lots. DHI also acquired control of around 3,400 lots via option contracts. In the calendar 2013, Crown had closed 1,540 homes ($375M in revenue) with the average home-size of around 3,500 sq ft & the average sales-price of $244,000. D.R. Horton, Inc. (NYSE:DHI) net profit margin is 7.80% and weekly performance is 5.33%. On last trading day company shares ended up $23.13. Analysts mean target price for the company is $25.00. D.R. Horton, Inc. (NYSE:DHI) distance from 50-day simple moving average (SMA50) is 4.75%.