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multi-sector-conglomerates: Archive

Ritujay Ghosh

PPE Market to Grow on Coronavirus Second Wave: 4 Stocks in Focus

The PPE industry's largest manufacturers are operating at maximum capacity and are aiming to expand their domestic production capacity within the year.

AMZNPositive Net Change HONPositive Net Change MMMPositive Net Change MSAPositive Net Change

Zacks Equity Research

Honeywell (HON) Rolls Out Satellite Communication System

Honeywell (HON) introduces satellite communication system, SATCOM, to provide global connectivity and instant video-streaming capabilities to unmanned aerial vehicles.

EMRPositive Net Change HONPositive Net Change MMMPositive Net Change GENegative Net Change

Zacks Equity Research

3M's (MMM) Sales Fall Y/Y in May on Lower Business Days

3M's (MMM) weak sales performance in May gets affected by two lower business days. Also, the pandemic-induced uncertainties play spoilsport for segments and end-market businesses.

HONPositive Net Change MMMPositive Net Change DHRPositive Net Change CSLPositive Net Change

Zacks Equity Research

Federal Signal (FSS) Buys PWE, Expands Business Footprint

Federal Signal's (FSS) buyout of some assets and operations of PWE will enable it to expand its business footprint apart from strengthening its customer base and aftermarket business.

ASTEPositive Net Change FSSPositive Net Change ERIIPositive Net Change IDNPositive Net Change

Zacks Equity Research

Honeywell (HON) Creates Unit to Serve UAS & UAM Markets

Honeywell (HON) creates a business unit, UAS to focus on providing aircraft systems and advanced technology for autonomous aviation markets. It enters a deal with KIPIC.

EMRPositive Net Change HONPositive Net Change MMMPositive Net Change GENegative Net Change

Zacks Equity Research

General Electric's Unit Secures Contract From PowerChina

General Electric's (GE) Renewable Energy to soon deliver 12 units of 2.5-132 onshore wind turbine units to PowerChina. Also, it enters a five-year FSA deal with Naturgy in Spain.

HONPositive Net Change MMMPositive Net Change GENegative Net Change RTXNegative Net Change

Zacks Equity Research

General Electric Updates Free Cash Flow & Operations View

General Electric (GE) predicts generating positive free cash flow in 2021. Recovery in operations, though are facing the pandemic-led woes, and cash and cost reduction actions will likely aid.

HONPositive Net Change MMMPositive Net Change ITTPositive Net Change GENegative Net Change

Zacks Equity Research

Griffon (GFF) Prices $150M Worth of Senior Notes Offering

Griffon (GFF) prices $150 million worth of senior notes offering. The proceeds will likely be used for redeeming notes due to expire in 2022, and pay for fees and expenses.

GENegative Net Change DHRPositive Net Change CSLPositive Net Change GFFPositive Net Change

Zacks Equity Research

General Electric Reopens Debt Offerings, Grabs Turbine Deal

General Electric's (GE) reopening of previous debt offerings will likely allow it to improve its liquidity position. Also, it clinches a gas turbine upgrade project from JFE in Japan.

HONPositive Net Change MMMPositive Net Change GENegative Net Change RTXNegative Net Change

Zacks Equity Research

Danaher's (DHR) Product Offerings to Aid Amid Pandemic Scares

Danaher's (DHR) risks from pandemic-related uncertainties are evident from weak sales projections for the second quarter. Demand for acute care diagnostics' related products might aid results.

GENegative Net Change ABTPositive Net Change DHRPositive Net Change TMOPositive Net Change

Zacks Equity Research

Honeywell (HON) to Test Advanced T55 Engine for Helicopters

Honeywell's (HON) modernized T55 engine will allow its operators to maintain lower maintenance costs, while improving its performance and serviceability.

EMRPositive Net Change HONPositive Net Change MMMPositive Net Change GENegative Net Change

Zacks Equity Research

Carlisle (CSL) Declines 19.6% YTD: What's Hurting the Stock?

Carlisle (CSL) has been suffering from weak end markets on account of the coronavirus outbreak-led uncertainties, high debt level and other issues.

AAPositive Net Change CSLPositive Net Change BWENPositive Net Change IDNPositive Net Change

Zacks Equity Research

3M's (MMM) Solid Product Portfolio to Aid Amid Pandemic

3M (MMM) faces risks from the pandemic-related uncertainties, evident from a sales decline in April. However, cost-reduction measures and huge demand for respirators will likely support results in the second quarter.

HONPositive Net Change MMMPositive Net Change DHRPositive Net Change CSLPositive Net Change

Ritujay Ghosh

Manufacturing Activity Improves in May: 4 Stocks to Buy

Although the reading is far from impressive, the rise in manufacturing activity in May is a sign that the economy is finally making efforts to bounce back.

ASTEPositive Net Change DXPEPositive Net Change TWIPositive Net Change ZBRAPositive Net Change

Zacks Equity Research

Here's Why You Should Avoid Betting on ITT Stock Right Now

ITT has been suffering from a soft demand environment amid the coronavirus outbreak, liquidity concerns and other issues.

ITTPositive Net Change AAPositive Net Change BWENPositive Net Change IDNPositive Net Change

Ritujay Ghosh

4 Stocks to Gain From Remote Learning Amid Coronavirus Scare

Schools across the world have started imparting classes online given that there are no immediate signs of coronavirus subsiding.

APEINegative Net Change CHGGPositive Net Change LRNNegative Net Change PRDOPositive Net Change

Zacks Equity Research

GE Completes Gas Turbine Project, Provides Cash Flow View

General Electric's (GE) gas turbine upgrade project will likely minimize the unplanned downtime risk at the Torrevaldaliga Sud power plant. It anticipates generating negative free cash flow in 2020.

ATVINegative Net Change GENegative Net Change GPKPositive Net Change BWENPositive Net Change

Zacks Equity Research

General Electric to Divest Lighting Business, Shares Rise

General Electric's (GE) divestment of the lighting business to Savant Systems will help it progress on its efforts to transform into an industrial company.

GENegative Net Change DHRPositive Net Change BKRPositive Net Change WABPositive Net Change

Patrick Anderson

Final test tag

Testing tags

SNEPositive Net Change

Zacks Equity Research

Crane's (CR) Prospects Bleak on Pandemic-Related Concerns

Crane's (CR) first-quarter performance suffers from pandemic woes, which are also expected to hurt results in the quarters ahead. Forex woes and the ability to repay debts are other concerns.

HONPositive Net Change ITTPositive Net Change CSLPositive Net Change CRPositive Net Change

Ritujay Ghosh

Consumer Confidence Rebounds in May: 5 Winners

A massive $3 trillion rescue fund, hopes of a COVID-19 vaccine and reopening of businesses are helping consumers regain their lost confidence.

KMBPositive Net Change BGSPositive Net Change MEDPositive Net Change GOPositive Net Change REYNPositive Net Change

Payal Jalan

Diversified Operations Industry Outlook Bleak on Coronavirus Woes

The pandemic's adverse impacts on multiple end markets, especially commercial aerospace, general industrial and others, hurt the diversified operations industry's prospects. However, pandemic-induced demand for many products might aid.

MMMPositive Net Change LXUPositive Net Change HTHIYPositive Net Change HONPositive Net Change GENegative Net Change DHRPositive Net Change

Zacks Equity Research

General Electric's (GE) Unit Receives Wind Turbine Contract

General Electric's (GE) Renewable Energy to soon deliver 38 units of 2.7-132 onshore wind turbines to Powerica. A healthy relationship with Powerica might benefit going forward.

HONPositive Net Change MMMPositive Net Change ITTPositive Net Change GENegative Net Change

Ritujay Ghosh

Homebuilder Confidence Rises in May: Is the Worst Over?

Mortgage applications for buying homes rose for four straight weeks, as the Fed pumped cash into the economy to lower mortgage rates as part of its efforts to stimulate economic activity.

PHMPositive Net Change KBHPositive Net Change NVRPositive Net Change LENPositive Net Change DHIPositive Net Change MTHPositive Net Change

Patrick Anderson

Tag Testing

Tag tests

NKEPositive Net Change