New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 26, 2014
06:33 EDTALSMY, SIEGYMitsubishi aims for energy advancement after failed Alstom bid, Reuters says
Mitsubishi Heavy Industries CEO Shunichi Miyanaga said the company will maintain its focus of advancing its energy expansion after the equipment maker was rejected in its joint offer for Alstom's (ALSMY) power division with Siemens (SIEGY), according to Reuters, citing comments from Miyanaga. Reference Link
News For ALSMY;SIEGY From The Last 14 Days
Check below for free stories on ALSMY;SIEGY the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
July 21, 2014
07:18 EDTALSMYAlstom CEO not concerned over complexities added to deal by France, FT says
Subscribe for More Information
July 18, 2014
10:12 EDTALSMYGeneral Electric sees Alstom deal to close in 2015
Subscribe for More Information
09:14 EDTSIEGY, ALSMYGE says not done with divestitures, likes current Oil & Gas portfolio
Subscribe for More Information
08:43 EDTALSMYGeneral Electric says orders, backlog give confidence in second half
Subscribe for More Information
July 17, 2014
16:52 EDTSIEGYOn The Fly: Closing Wrap
Subscribe for More Information
13:18 EDTSIEGY, ALSMYEarnings Preview: General Electric shares little changed since Q1 report
General Electric (GE) is expected to report second quarter earnings on Friday, July 18 before the market open with a conference call scheduled for 8:30 am ET. General Electric is a globally diversified technology and financial services company serving customers in more than 100 countries. EXPECTATIONS: Analysts are looking for earnings per share of 39c on revenue of $36.3B, according to First Call. The consensus range for EPS is 38c-40c on revenue of $35.99B-$36.72B. LAST QUARTER: General Electric reported first quarter adjusted EPS of 33c against estimates for 32c on revenue of $34.18B against estimates for $34.36B. CEO Jeff Immelt said, Were off to a good start to the year, and our 2014 framework remains unchanged. The environment is consistent with our expectations, with a positive bias. During GEs Q1 earnings call, management said the U.S. market gets "a little better every day," and Europe is improving. They said there was some improvement in demand for credit in Q1. They noted the company was on track to reduce share count in 2014, and on track to achieve its margin goal in 2016. The company expected to make gains from divestitures in its industrial portfolio. In June, GE finalized a deal to purchase the Power and Grid businesses of Alstom (ALSMY), after fending off rivals Siemens (SIEGY) and Mitsubishi Heavy Industries. STREET RESEARCH: Street research has been light in the weeks leading up to GE's Q2 earnings report. On May 12, Barclays upgraded the U.S. Multi-Industry sector to Positive from Neutral. The firm's data indicated that Fed policy had extended the cycle, driving up capital spending and corporate confidence. PRICE ACTION: GE shares traded marginally higher following its Q1 report, but currently sit at approximately the same level as they did three months ago. Over the past twelve months, the stock has gained about 13%. In early afternoon trading ahead of tomorrow's Q2 report, GE shares are down almost 1% to $26.76.
13:18 EDTSIEGYOn The Fly: Midday Wrap
Subscribe for More Information
09:15 EDTSIEGYOn The Fly: Pre-market Movers
HIGHER: Dresser-Rand (DRC), up 15.5% after Manager Magazin says Siemens (SIEGY) preparing bid for the company. Other oil equipment companies with a market cap similar to Dresser-Rand's include Dril-Quip (DRQ) and Oil States (OIS)... Microsoft (MSFT), up 3.4% after announcing restructuring, including plans to cut up to 18K jobs. UP AFTER EARNINGS: Morgan Stanley (MS) up 1.5%... Sherwin-Williams (SHW), up 3%. DOWN AFTER EARNINGS: Mattel (MAT), down 7.3%... Sandisk (SNDK), down 7%... Yum! Brands (YUM), down 2.5%. LOWER: Orbitz (OWW), down 3% after results, 34M share spot secondary offering of stock priced at $8.25... Benefitfocus (BNFT), down 1% after 2.5M share Secondary priced at $38.50.
07:08 EDTSIEGYDresser-Rand volatility expected to move on Siemens preparing bid report
Dresser-Rand (DRC) volatility is expected to move Siemens (SIEGY) is working with Lazard on a takeover bid for Dresser-Rand (DRC), Germany's Manager Magazin reports, citing sources. Overall option implied volatility of 25 is at its 26-week average according to Track Data, suggesting non-directional price movement.
06:17 EDTSIEGYSiemens preparing bid for Dresser-Rand, Manager Magazin says
Siemens (SIEGY) is working with Lazard on a takeover bid for Dresser-Rand (DRC), Germany's Manager Magazin reports, citing sources close to Siemens. The German multinational would consider a hostile approach should Dresser-Rand rebuff its advances, the report adds. Shares Dresser-Rand, which manufactures a wide variety of products for use in the oil, gas, and process industries, closed yesterday up 12c to $60.42. The company has a market capitalization of $4.62B. Reference Link
July 16, 2014
16:05 EDTSIEGYDanaher to acquire Siemens Healthcare Diagnostics' clinical microbiology unit
Beckman Coulter, an indirect wholly-owned subsidiary of Danaher Corporation (DHR), announced that it has entered into a definitive agreement to purchase the clinical microbiology business of Siemens Healthcare Diagnostics (SIEGY). The microbiology business operates with an installed base of over 6,000 instruments globally. The transaction is expected to close in 1Q15.
11:11 EDTSIEGYSiemens, SK Engineering granted dismissal in Pemex suit, Reuters says
Subscribe for More Information
08:02 EDTSIEGYSiemens expands strategic partnership with Penn State
Subscribe for More Information
July 11, 2014
10:00 EDTSIEGYOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
07:45 EDTALSMYWith Alstom agreement settled, attention on GE turns to earnings, Reuters says
Subscribe for More Information
06:30 EDTSIEGYSiemens upgraded to Outperform from Sector Perform at RBC Capital
Subscribe for More Information
July 10, 2014
08:04 EDTALSMYBofA/Merrill European capital goods analysts hold an conference call
The European Capital Goods Analyst Research Team provide a 2Q preview on an Analyst/Industry conference call to be held on July 10 at 9 am.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use