General Electric Company (NYSE:GE) has purchased Canadian company Wurldtech for an undisclosed amount in an effort to help better protect operation technology networks, ETF Daily News reported. General Electric Company (NYSE:GE) net profit margin is 8.60% and weekly performance is 0.11%. On last trading day company shares ended up $26.77. Analysts mean target price for the company is $28.90. General Electric Company (NYSE:GE) distance from 50-day simple moving average (SMA50) is 1.58%.
On June 4, One of the largest timber land owners of the world Weyerhaeuser Company (NYSE:WY) has shown its intentions to split its real-estate arm. In an announcement, all the directors of WY said,” We are looking to sell out real estate arm through a split-off transaction. We want to sell all the outstanding and issued shares of the company.” Please note that the split off transaction of the real-estate arm of the company is in connection with an announcement made some time back regarding ‘Reverse Morris Trust’ transaction. Weyerhaeuser Company (NYSE:WY) shares advanced 1.00% in last trading session and ended the day on $31.29. Gross Margin is 21.40% and its return on assets is 4.00%. Weyerhaeuser Company (NYSE:WY) quarterly performance is 4.51%.
On May 30, Cemex SAB de CV (ADR) (NYSE:CX) expects the planned merger of two of its biggest rivals to lead to positive developments in the industry. Lafarge SA and Holcim Ltd announced their intention to come under a single management as they adjust to market realities. However, according to Cemex, the move would solve some overcapacity problems in the industry thereby leading to positive impact for the players. Cemex SAB de CV (ADR) (NYSE:CX) shares moved up 0.31% in last trading session and was closed at $12.87, while trading in range of $12.85 – $13.07. Cemex SAB de CV (ADR) (NYSE:CX) year to date (YTD) performance is 13.19%.
On June 3, Masco Corporation (NYSE:MAS) is pleased to announce the following appointments: Richard O’Reagan has been promoted to Group President, Global Plumbing, effective immediately. As Group President, Mr. O’Reagan will have responsibility for Delta Faucet Company, Hansgrohe, BrassCraft, Masco Canada, Liberty Hardware, Mirolin and Brasstech. Masco Corporation (NYSE:MAS) ended the last trading day at $21.79. Company weekly volatility is calculated as 2.67% and price to cash ratio as 6.42. Masco Corporation (NYSE:MAS) showed a positive weekly performance of 2.30%.
Shares of Caterpillar Inc (NYSE:CAT) were the target of unusually large options trading on Thursday. Investors bought 13,406 call options on the stock, AR Network reports. This is an increase of approximately 116% compared to the typical daily volume of 6,213 call options. Caterpillar Inc. (NYSE:CAT) net profit margin is 6.90% and weekly performance is 3.24%. On last trading day company shares ended up $106.96. Analysts mean target price for the company is $111.96. Caterpillar Inc. (NYSE:CAT) distance from 50-day simple moving average (SMA50) is 3.78%.