Power Generation Services announces that General Electric Company (NYSE:GE)’s Digital Energy business (GE) has made a strategic investment in the company. “We have been working closely with GE for the past year and this investment accelerates the integration of GE’s energy infrastructure technologies including Advanced Metering Infrastructure, Demand Management Systems and Energy Management Systems with PoGens’™ distributed generation services platform,” according to PoGens’™ CEO, Jim Szyperski. “We are delighted to be working with the most recognizable brand in the energy business.” General Electric Company (NYSE:GE) stock opened today at $25.34 and is currently trading at $25.43. The stock showed a negative weekly performance of -3.16%.
PulteGroup (NYSE:PHM) had its price target upped by Barclays from $19.00 to $20.00 in a research note issued to investors on Monday, ARN reports. The firm currently has an equal weight rating on the stock. PulteGroup, Inc. NYSE:PHM) stock opened at $19.18, in current trading session and currently is at $19.44, by losing -0.05%. The 52 week range of $14.23 – $24.47. Company’s market capitalization is $7.45 billion.
With a strong dealer network and economies of scale as the largest global construction and mining equipment manufacturer, Caterpillar Inc. (NYSE:CAT) has carved a wide economic moat, in our opinion. Following the company’s fourth-quarter results, we plan to maintain our $94 per share fair value estimate. The firm continued to see sharply declining mining markets, but increasing Construction and Power Systems revenue. While these gains weren’t enough to prevent total revenue from falling (down 11% in the quarter), the firm drove solid operating margins in both Construction and Power Systems, helping increase consolidated machinery profitability from a year ago. Caterpillar Inc. (NYSE:CAT) stock is open at $91.31 and currently trading at $91.49. The EPS of the stock is 5.75. Company’s market capitalization is $58.23 billion.
Lennar Corporation (NYSE:LEN) had its price target upped by Barclays from $39.00 to $41.00 in a research note issued to investors on Monday, AnalystRatingsNetwork reports. The firm currently has an overweight rating on the stock. Lennar Corporation (NYSE:LEN) stock opened the session at $37.83, and now is at $38.66. The 52 week range of the LEN stock remained $30.90 – $44.40 and the day range was $37.70 – $38.90.