General Electric Company (NYSE:GE) and cement maker Holcim, which this month announced a $40 billion merger with Lafarge SA (LG), are joining drug and technology dealmakers that thrust global mergers and acquisitions to the highest dollar amount since 2007, data compiled by Bloomberg show. By striking now, GE can add to its overseas manufacturing capabilities while European stocks are still inexpensive, with Alstom’s valuation near its lowest on record, said Huntington Asset Advisors Inc. General Electric Company (NYSE:GE) shares after opening at $26.57 moved to $26.80 on last trade day and at the end of the day closed at $26.60 . Company price to sales ratio in past twelve months was calculated as 1.84 and price to cash ratio as 2.01. General Electric Company (NYSE:GE) showed a positive weekly performance of 0.15%.
D.R. Horton Inc (NYSE:DHI) issued its quarterly earnings data on Thursday. The company reported $0.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.04,American Banking News reports. The company had revenue of $1.70 billion for the quarter, compared to the consensus estimate of $1.55 billion. During the same quarter in the previous year, the company posted $0.32 earnings per share. D.R. Horton, Inc. (NYSE:DHI) shares fell -2.77% in last trading session and ended the day on $22.49. DHI return on equity ratio is recorded as 14.70% and its return on assets is 6.80%. D.R. Horton, Inc. (NYSE:DHI) yearly performance is -8.17%.
PulteGroup Inc (NYSE:PHM) released its earnings data on Thursday. The company reported $0.19 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.20 by $0.01, Analyst Ratings Network.com reports. The company had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.18 billion. PulteGroup, Inc. (NYSE:PHM) shares moved down -2.90% in last trading session and was closed at $18.44 while trading in range of $18.32 – $18.92 – PulteGroup, Inc. (NYSE:PHM) year to date (YTD) performance is -9.25%.
USG Corporation (NYSE:USG) a leading building products company, announced a strategic partnership with XL Brands®, the nation’s largest private label manufacturer of floor covering adhesives. The partnership comes as the two companies collaborate to develop new technologies for the flooring industry. USG Corporation (NYSE:USG) weekly performance is -6.49%. On last trading day company shares ended up $29.55. USG Corporation (NYSE:USG) distance from 50-day simple moving average (SMA50) is -10.90%. Analysts mean target price for the company is $36.48.