General Electric Company (NYSE:GE) locked in a tussle with Siemens AG (SIE) to acquire Alstom SA (ALO)’s energy business, won’t seek a partner to counter the German company’s planned joint bid with Mitsubishi Heavy Industries Ltd. (7011). The U.S. manufacturer is confident its $17 billion bid for the French company’s power assets will prove successful, GE Vice Chairman John Rice said at a conference in Singapore. General Electric Company (NYSE:GE) net profit margin is 8.60% and weekly performance is -0.52%. On last trading day company shares ended up $27.04. Analysts mean target price for the company is $28.90. General Electric Company (NYSE:GE) distance from 50-day simple moving average (SMA50) is 1.98%.
Masco Corporation (NYSE:MAS) which manufactures home improvement products has finally found its new home at a place which is 2 miles away from its present location. It was about 10 years ago when the company had last moved its headquarters to Daytona Beach. The requirement of larger space by the company due to increased production made company to relook for relocation. Masco Corporation (NYSE:MAS) shares fell -2.24% in last trading session and ended the day on $21.85. Gross Margin is 27.80% and its return on assets is 4.90 %. Masco Corporation (NYSE:MAS) quarterly performance is -3.28%.
Capstone Turbine Corporation (NASDAQ:CPST) on June 12 announced its financial results for the fourth quarter and fiscal year ended March 31, 2014. Revenue for the fourth quarter of Fiscal 2014 was $36.4 million, compared to $37.0 million for the third quarter of Fiscal 2014, and $35.4 million for the fourth quarter of Fiscal 2013. Capstone’s net loss was $3.4 million, or $0.01 loss per share, for the fourth quarter of Fiscal 2014, compared to a net loss of $2.2 million, or $0.01 loss per share, for the third quarter of Fiscal 2014, and a net loss of $4.1 million, or $0.01 loss per share, for the fourth quarter of Fiscal 2013. Capstone’s loss from operations for the fourth quarter of Fiscal 2014 was $3.1 million, compared to $1.9 million for the third quarter of Fiscal 2014, and $3.9 million for the fourth quarter of Fiscal 2013. Capstone Turbine Corporation (NASDAQ:CPST) shares moved down -1.92% in last trading session and was closed at $1.53, while trading in range of $1.40 – $1.53. Capstone Turbine Corporation (NASDAQ:CPST) year to date (YTD) performance is 18.60%.
On June 10, Cemex SAB de CV (ADR) (NYSE:CX) was the recipient of some unusual options trading on Tuesday. Stock investors bought 19,946 call options on the stock, Analyst Ratings.Net reports. This is an increase of 1,296% compared to the average daily volume of 1,429 call options. Cemex SAB de CV (ADR) (NYSE:CX) ended the last trading day at $13.11. Company weekly volatility is calculated as 2.45% and price to cash ratio as 18.72. Cemex SAB de CV (ADR) (NYSE:CX) showed a positive weekly performance of 1.00%.