Some people inside General Electric Company (NYSE:GE) believe that the multinational conglomerate led by Jeffrey Immelt is the next target of activist investors as reported by Fox Business Network. General Electric Company (NYSE:GE) shares after opening at $25.52 moved to $25.73 on last trade day and at the end of the day closed at $25.65. Company price to sales ratio in past twelve months was calculated as 1.77 and price to cash ratio as 2.93. General Electric Company (NYSE:GE) showed a negative weekly performance of -0.97%.
On March 14, 2014, Financial Times reported that Hertz Global Holdings Inc. (NYSE:HTZ) will spin-off of its equipment rental business unit. The news had a positive impact on investors and the stock reported an upward move (more than 7%) on Monday and closed at a price of $27.22. Details of the activities are not clear; it may be a spin-off or a combination of both spin-off and a merger. However, the deal is valued at about $4.5 billion by Hertz. It expects that the company may highlight on the activities in 4Q2013 on March 18, 2014.Hertz Global Holdings, Inc. (NYSE:HTZ) shares fell -0.51% in last trading session and ended the day on $27.08. HTZ return on equity ratio is recorded as 13.30% and its return on assets is 1.30%. Hertz Global Holdings, Inc. (NYSE:HTZ) yearly performance is 27.32%.
EMC Corporation (NYSE:EMC) calls are trading at a roughly 16-fold mark-up to the average intraday pace, with 46,000 contracts on the tape less than two hours into the session. Nearly one-third of the action has centered on the tech name’s July 30 call, where nearly 14,600 contracts have been exchanged.EMC Corporation (NYSE:EMC) shares moved up 0.94% in last trading session and was closed at $27.84, while trading in range of $27.51-$27.91. EMC Corporation (NYSE:EMC) year to date performance is 11.14%.
Pfizer (NYSE:PFE) Insider John D. Young unloaded 9,000 shares of Pfizer stock on the open market in a transaction dated Monday, March 17th. The shares were sold at an average price of $31.38, for a total transaction of $282,420.00. Following the sale, the insider now directly owns 99,647 shares of the company’s stock, valued at approximately $3,126,923. Pfizer Inc. (NYSE:PFE) weekly performance is -1.51%. On last trading day company shares ended up $31.93. Pfizer Inc. (NYSE:PFE) distance from 50-day simple moving average is 2.24%. Analysts mean target price for the company is $34.00.