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multi-sector-conglomerates: Archive

Daniel Laboe

Are Travel & Leisure Stocks Investable?

With demand halted, these businesses are feeling the heat and are looking to the government to back them in their most desperate hour

MARPositive Net Change CCLPositive Net Change DISPositive Net Change DALPositive Net Change AALPositive Net Change SIXPositive Net Change

Zacks Equity Research

Healthy Business to Aid Danaher in Q1 Despite Coronavirus Woes

Danaher's (DHR) healthy businesses are likely to aid, driven by segmental performances in the first quarter of 2020. However, concerns related to the coronavirus outbreak persist.

GENegative Net Change DHRPositive Net Change HTHIYPositive Net Change GFFPositive Net Change

Zacks Equity Research

3M Teams Up With Cummins to Increase Filter Output for PAPRs

3M (MMM) partners with Cummins to increase the production of filters for its powered air-purifying respirators to fight against the coronavirus pandemic.

CMIPositive Net Change MMMPositive Net Change TNCPositive Net Change GFFPositive Net Change

Zacks Equity Research

General Electric Take Multiple Debt Restructuring Actions

General Electric (GE) commences multiple actions to strengthen its financial positions. Proceeds from the BioPharma divestment and new debt offerings have been used for reducing leverage.

GENegative Net Change DHRPositive Net Change BWENPositive Net Change GFFPositive Net Change

Zacks Equity Research

Danaher Gives Update on Q1 Results, Withdraws 2020 Guidance

Danaher (DHR) provides an update on first-quarter 2020 results and withdraws its earlier announced guidance for 2020 on the impacts of the coronavirus outbreak.

GENegative Net Change DHRPositive Net Change TNCPositive Net Change GFFPositive Net Change

Zacks Equity Research

General Electric Withdraws 2020 View on Coronavirus Concerns

General Electric (GE) suspends 2020 projections on uncertainties related to the coronavirus outbreak. Also, earnings in the first quarter are expected to be weaker than previously expected.

GENegative Net Change DHRPositive Net Change KKPNFPositive Net Change GFFPositive Net Change

Ritujay Ghosh

Large Caps Fight Coronavirus Under Defense Production Act

The Defense Production Act allows government to compel companies into manufacturing supplies for national defense purposes. 3M Company (MMM) has already responded to the situation.

FPositive Net Change PHGPositive Net Change HONPositive Net Change MMMPositive Net Change GPSPositive Net Change RLPositive Net Change GMPositive Net Change HBIPositive Net Change

Zacks Equity Research

Implied Volatility Surging for HC2 Holdings (HCHC) Stock Options

Investors need to pay close attention to HC2 Holdings (HCHC) stock based on the movements in the options market lately.

HCHCPositive Net Change

Ritujay Ghosh

Fashion Brands Find Lifeline in Mask Making Amid Coronavirus

Fashion brands like The Gap, Inc. (GPS) and HanesBrands, Inc. (HBI) are not only supplementing for the shortage of protective gear, but also looking for a survival strategy.

HONPositive Net Change MMMPositive Net Change GPSPositive Net Change RLPositive Net Change HBIPositive Net Change MPositive Net Change GOOSPositive Net Change

Zacks Equity Research

Macquarie (MIC) Surges: Stock Moves 9.3% Higher

Macquarie (MIC) saw a big move last session, as its shares jumped more than 9% on the day, amid huge volumes.

MICPositive Net Change GFFPositive Net Change

Ritujay Ghosh

Can 3M & Other Large Caps Fulfill Medical Gear Shortage?

A large number of businesses like 3M Company are responding to President Trump's request and ramping up production of masks, ventilators and other protective gear.

FPositive Net Change MMMPositive Net Change GPSPositive Net Change GMPositive Net Change FCAUPositive Net Change LVMUYPositive Net Change VWAGYPositive Net Change

Zacks Equity Research

Macquarie (MIC) Withdraws Guidance on Coronavirus Concerns

Macquarie (MIC) withdraws guidance for 2020 and suspends the quarterly cash dividend on the impacts of the coronavirus outbreak.

MICPositive Net Change TNCPositive Net Change BWENPositive Net Change GFFPositive Net Change

Zacks Equity Research

Danaher (DHR) Prices Senior Notes Offering Worth Euro 750M

Danaher (DHR) prices euro 750 million worth of senior notes offerings. The net proceeds will be used for satisfying generate corporate purposes, including repaying debts.

GENegative Net Change DHRPositive Net Change HTHIYPositive Net Change GFFPositive Net Change

Zacks Equity Research

Raytheon Technologies Begin Trading as Merger of Equals Closes

Raytheon Technologies (RTX) is born as United Technologies' aerospace business and Raytheon Company combine. The resultant company will be one of the big players in the defense and government markets.

NOCNegative Net Change HONPositive Net Change LMTNegative Net Change GENegative Net Change

Zacks Equity Research

Danaher Closes Buyout of General Electric's BioPharma Business

Danaher (DHR) completes the acquisition of General Electric's BioPharma business. The buyout will likely strengthen the company's biologics workflow solutions business.

GENegative Net Change DHRPositive Net Change HTHIYPositive Net Change GFFPositive Net Change

Zacks Equity Research

General Electric Closes Divestment of BioPharma to Danaher

General Electric (GE) completes the divestment of its BioPharma business to Danaher. The net proceeds received from the transaction will be used by General Electric to lower its debt burden.

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

Zacks Equity Research

Honeywell Increases N95 Face Mask Production at Phoenix Site

Honeywell (HON) increases N95 face mask production at its Phoenix site to help contain the coronavirus pandemic.

HONPositive Net Change TNCPositive Net Change BWENPositive Net Change GFFPositive Net Change

Zacks Equity Research

United Technologies & Raytheon Get Final Approval for Merger

United Technologies (UTX) and Raytheon receive all the regulatory approvals required for closing the merger of equals on Apr 3, 2020.

UTXPositive Net Change RTNPositive Net Change TNCPositive Net Change GFFPositive Net Change

Payal Jalan

Diverse Companies Join Forces to Fight Coronavirus Menace

Nervousness related to the coronavirus outbreak is visible across the economies worldwide. Amid the pandemic, many corporates have come together to help contain the outbreak.

BIIBPositive Net Change FPositive Net Change MSFTPositive Net Change HONPositive Net Change MMMPositive Net Change GMPositive Net Change GENegative Net Change FBPositive Net Change IRBTPositive Net Change TWTRPositive Net Change VIRPositive Net Change

Zacks Equity Research

Danaher (DHR) Prices Euro 1.75B Worth Senior Notes Offering

Danaher (DHR) prices euro 1.75 billion worth of senior notes offerings. The net proceeds will be used for satisfying generate corporate purposes, including repaying debts.

GENegative Net Change DHRPositive Net Change HTHIYPositive Net Change GFFPositive Net Change

Avisekh  Bhattacharjee

Conglomerates Accelerate Efforts to Fight Coronavirus Menace

Several industrial conglomerates including General Electric (GE), Honeywell (HON), Danaher (DHR) and 3M (MMM) are increasing steps to mitigate the effects of the coronavirus menace.

FPositive Net Change HONPositive Net Change MMMPositive Net Change GENegative Net Change DHRPositive Net Change

Zacks Equity Research

3M (MMM) Collaborates With Ford to Combat Coronavirus Crisis

3M (MMM) partners with Ford to increase the production of powered air purifying respirators in its bid to contribute toward the fight against the coronavirus pandemic.

FPositive Net Change MMMPositive Net Change GGGPositive Net Change BWENPositive Net Change

Zacks Equity Research

Crane (CR) to Benefit From Acquisitions, Headwinds Persist

Crane (CR) is likely to benefit from its focus on product development, strong operating leverage, repositioning activities and acquired asset. However, high debt and segmental woes remain concerns.

RBCPositive Net Change GGGPositive Net Change CRPositive Net Change BWENPositive Net Change

Zacks Equity Research

General Electric Announces Coronavirus' Impacts on Its Business

General Electric's (GE) aviation segment seeks to lower the U.S. workforce by 10% on coronavirus concerns. The company announces various other measures to deal with the impact of the outbreak.

GENegative Net Change DHRPositive Net Change HTHIYPositive Net Change GFFPositive Net Change

Zacks Equity Research

Honeywell Increases Face Mask Production to Fight Coronavirus

Honeywell (HON) increases production of healthcare materials in its bid to contribute toward the fight against the coronavirus pandemic.

HONPositive Net Change GGGPositive Net Change BWENPositive Net Change GFFPositive Net Change