Public sector steel giant SAIL is focusing on developing the right skill-mix to operate the new state-of-the-art production facilities to their fullest potential. In hi-tech areas, SAIL has entered into MoUs with technology leaders such as SKF India Ltd, Bosch Rexroth Ltd, Siemens Ltd and ABB Ltd (ADR) (NYSE:ABB) for engineering skills training in various technical areas like Advanced Bearing Technology, Hydraulics, Pneumatics, PLC, Drives and Automation, etc. ABB Ltd (ADR) (NYSE:ABB) net profit margin is 6.70% and weekly performance is -0.43%. On last trading day company shares ended up $23.26. Analysts mean target price for the company is $24.34. ABB Ltd (ADR) (NYSE:ABB) distance from 50-day simple moving average (SMA50) is -4.96%.
The Incline Village General Improvement District has become the latest agency to provide electric car-charging stations for residents and visitors. District officials installed four 70-amp, 240-volt ports this spring at Diamond Peak Ski Resort and the Championship Golf Course, according to a news release. The district paid $20,000 to purchase and install the stations built by the Eaton Corporation plc (NYSE:ETN); they cost $40,000 total, but half was paid for by a grant from NV Energy. Eaton Corp plc (NYSE:ETN) shares fell -0.42% in last trading session and ended the day on $71.62. ETN Gross Margin is 30.30% and its return on assets is 5.40%. Eaton Corp plc (NYSE:ETN) quarterly performance is 2.78%.
UOP LLC, a Honeywell International Inc. (NYSE:HON), announced that its technologies have been selected to produce key ingredients for fuels and synthetic rubber in China. China’s Lijin Petrochemical Plant Co., Ltd. will use Honeywell International Inc. (NYSE:HON)’s UOP C4 Oleflex™ process to produce isobutylene, an important ingredient for fuels and synthetic rubber. This is UOP’s 15th Oleflex project in China in the past three years. Honeywell International Inc. (NYSE:HON) shares moved down -0.17% in last trading session and was closed at $92.80, while trading in range of $92.30 – $92.99. Honeywell International Inc. (NYSE:HON) year to date (YTD) performance is 2.06%.
Slack growth and shareholder pressure helped trigger breakups at Kraft and Sara Lee Corp., and prompted Illinois Tool Works Inc. (NYSE:ITW) to ditch its decentralized model and shed businesses representing 25 percent of sales. Illinois Tool Works Inc. (NYSE:ITW) ended the last trading day at $86.23. Company weekly volatility is calculated as 1.19% and price to cash ratio as 10.03. Illinois Tool Works Inc. (NYSE:ITW) showed a positive weekly performance of 0.94%.