Nidec Corporation (NYSE:NJ) announced the status of the Company’s own share repurchase under its ongoing repurchase plan resolved at a meeting of the Board of Directors, pursuant to Article 459. Nidec Corporation (ADR) (NYSE:NJ) net profit margin is 2.70% and weekly performance is -3.40%. On last trading day company shares ended up $13.91. Analysts mean target price for the company is $9.25. Nidec Corporation (ADR) (NYSE:NJ) distance from 50-day simple moving average (SMA50) is -5.50%.
Deere & Company (NYSE:DE) is scheduled to post its Q214 quarterly earnings results on Wednesday, May 14th. Analysts expect Deere & Company to post earnings of $2.48 per share and revenue of $9.65 billion for the quarter. Deere & Company (NYSE:DE) shares fell -0.04% in last trading session and ended the day on $93.61. Gross Margin is 32.00% and its return on assets is 6.10%. Deere & Company (NYSE:DE) quarterly performance is 7.65%.
Subject to regulatory approvals, the joint venture company is expected to be established in the United Kingdom integrating Mitsubishi-Hitachi Metals Machinery, Inc. (MH) – an MHI consolidated group company with equity participation by Hitachi, Ltd. and IHI Corporation (OTCMKTS:IHICF) and Siemens MT Business, Siemens group company, for undertaking metals production in various countries including Germany, Austria and the US. IHI CORPORATION (OTCMKTS:IHICF) shares moved down -6.16% in last trading session and was closed at $3.96, while trading in range of $3.96 – $3.96.
Gamesa Corporación Tecnológica S.A. SA (OTCMKTS:GCTAF) through its Brazilian subsidiary Gamesa Eólica Brasil, Ltda., has signed a contract with Eólicas do Sul -subsidiary of the investment fund Rio Bravo Investimentos and Eletrosul (subsidiary of the Brazilian national electric Eletrobras)- for the supply of seventy two (72) wind turbines of the platform G97-2,0 MW, with a total power of one hundred and forty four (144) megawatts (MW). Gamesa Corporacion Tecnologica SA (OTCMKTS:GCTAF) ended the last trading day at $11.22.
Honeywell International Inc. (NYSE:HON) announced that Dave Cote, Chairman and CEO, will be presenting at the Electrical Products Group Conference in Longboat Key, Fla., on Monday, May 19, 2014 from 7:30 a.m. – 8:10 a.m. EDT. Honeywell International Inc. (NYSE:HON) net profit margin is 10.10% and weekly performance is 2.88%. On last trading day company shares ended up $94.22. Analysts mean target price for the company is $103.80. Honeywell International Inc. (NYSE:HON) distance from 50-day simple moving average (SMA50) is 1.41%.