thinkstockA very significant stock and sector upgrade has taken place on Friday morning that might not be getting the attention that it deserves. BGC Financial has stuck its neck out and decided to upgrade the…
ThinkstockThe summer Wall Street conference season is starting to wind down, and next week will feature Jefferies Global Industrial Conference in New York City. The 2013 conference will feature an extensive range of public…
ThinkstockEconomic numbers, the strength of the U.S dollar and geopolitical events all drive the price of oil. This summer all three have combined to not only move the price of West Texas Intermediate (WTI)…
Courtesy of 3D Systems Inc.3D Systems Corp. (NYSE: DDD) reported-second quarter 2013 results before markets opened this morning. The 3D printer maker reported adjusted diluted earnings per share (EPS) of $0.20 and $120.8 million…
ThinkstockCaterpillar Inc. (NYSE: CAT) reported second-quarter 2013 results before markets opened this morning. The heavy equipment firm posted diluted earnings per share (EPS) of $1.45 on revenues of $14.62 billion. In the same period…
courtesy of General ElectricGeneral Electric Co. (NYSE: GE) reported second-quarter 2013 results before markets opened this morning. The conglomerate posted adjusted diluted quarterly earnings per share (EPS) of $0.36 on revenues of $35.1 billion.…
ThinkstockThe second quarter of 2013 for many industrial stocks was stubbornly soft. With difficult year-over-year comparisons, and the economy both here and abroad struggling to gain traction, many of the top industrial stocks covered…
ThinkstockRetail sales of construction and mining equipment at Caterpillar Inc. (NYSE: CAT) remains below year-ago levels, but the pace of the decline is slowing. Global machine sales are down 7% for the three-month period…
courtesy of General ElectricGeneral Electric Co. (NYSE: GE) had been trading up marginally during Friday morning, but news of the company’s dividend is not exactly creating any new interest. GE released news that its…
thinkstockPower equipment product maker Generac Holdings Inc. (NYSE: GNRC) has priced a secondary stock sale of 6.5 million shares at $34.95 per share. The sale includes only shares held by CCMP Capital, and none…
ThinkstockGermany’s Siemens A.G. (NYSE: SI) and Finland’s Nokia Corp. (NYSE: NOK) formed a 50-50 network equipment company with the catchy name of Nokia Siemens Networks (NSN) in 2007. Siemens is now looking for a…
Courtesy of 3D Systems Inc.We have tracked the key short interest changes as of May 31 in the following 3D printer and services companies: 3D Systems Inc. (NYSE: DDD), Stratasys Ltd. (NASDAQ: SSYS), The…
ThinkstockAuto battery maker Exide Technologies Inc. (NASDAQ: XIDE) filed for Chapter 11 bankruptcy protection this morning. The company is on the hook for a $31 million interest payment in August and $52 million convertible…
ThinkstockAnother black eye for the cruise industry, which over the past year has been dogged by a ship that ran aground and killed passengers, a number of cases of food poisoning and a ship…
ThinkstockTeam Inc. (NYSE: TISI), a services firm that provides maintenance and construction services for a variety of high-pressure and high-temperature piping systems has cut estimates for its fourth-quarter revenue and profit. The company’s quarter…