Jeffrey Immelt arrives in France today as the General Electric Company (NYSE:GE) chief executive officer makes a final push to sell the government and unions on its bid for Alstom SA (ALO)’s energy assets over an offer led by Siemens AG. (SIE) General Electric Company (NYSE:GE) net profit margin is 8.60% and weekly performance is -0.96%. On last trading day company shares ended up $26.89. Analysts mean target price for the company is $89789. General Electric Company (NYSE:GE) distance from 50-day simple moving average (SMA50) is 28.90.
Dover Corp (NYSE:DOV)‘s stock had its “neutral” rating reaffirmed by Zacks in a research note issued on Wednesday. They currently have a $94.00 price objective on the stock. Zacks‘s target price would suggest a potential upside of 5.84% from the company’s current price. Dover Corp (NYSE:DOV) shares advanced 0.55% in last trading session and ended the day on $89.90. DOV Gross Margin is 38.60% and its return on assets is 9.40%. Dover Corp (NYSE:DOV) quarterly performance is 10.77%.
Zygo Corp. announced that its stockholders approved its proposed merger with AMETEK, Inc. (NYSE:AME) for $19.25 per share in cash. It is anticipated that the transaction will close on June 20, 2014.AMETEK, Inc. (NYSE:AME) shares moved up 0.34% in last trading session and was closed at $53.45, while trading in range of $52.84 – $53.50. AMETEK, Inc. (NYSE:AME) year to date (YTD) performance is 1.77%.
On May 29, Pall Corporation (NYSE:PLL) reported financial results for the third quarter ended April 30, 2014. Sales increased 6%; up 7% in local currency; Orders grew 10%; up 10% in local currency; Diluted EPS of $0.80 up 23%; pro forma diluted EPS of $0.81 up 9% ; Maintaining full year pro forma EPS range of $3.35 to $3.45. Pall Corporation (NYSE:PLL) ended the last trading day at $85.55. Company weekly volatility is calculated as 1.33% and price to cash ratio as 5.18. Pall Corporation (NYSE:PLL) showed a positive weekly performance of 0.59%.
On June 2, 2014, ABB Ltd (ADR) (NYSE:ABB), has agreed to be a partner in the UN Global Partnership Programme to promote international standards and accelerate the transition to energy efficient equipment such as motors, drives and distribution transformers.ABB Ltd (ADR) (NYSE:ABB) shares moved up 0.34% in last trading session and was closed at $23.35, while trading in range of $23.18 -$2 3.40. ABB Ltd (ADR) (NYSE:ABB) year to date (YTD) performance is -9.14%.