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multi-sector-conglomerates: Archive

Zacks Equity Research

HC2 Holdings (HCHC) Closes Beyond6 Sale to Mercuria Investments

HC2 Holdings' (HCHC) unit completes the sale of its clean energy business. The resources received from the transaction will help it ensure financial flexibility and strengthen the balance sheet.

MMMPositive Net Change GENegative Net Change HCHCNegative Net Change

Zacks Equity Research

Honeywell (HON) Unveils Latest Version of CPCMS for Aircraft

Honeywell's (HON) latest version of the Cabin Pressure Control and Monitoring System facilitates in monitoring and controlling the air pressure inside the aircraft.

DEPositive Net Change HONNegative Net Change RAVNNegative Net Change DHRNegative Net Change

Zacks Equity Research

General Electric (GE) to Offer HA Gas Turbines in South Korea

General Electric (GE) receives an order from Tongyeong Eco Power to supply more than 1 gigawatt of power generation equipment at the Tongyeong combined cycle power plant in South Korea.

DEPositive Net Change RAVNNegative Net Change GENegative Net Change DHRNegative Net Change

Nalak Das

7 Top Corporate Behemoths With Immense Upside Left in 2021

We have narrowed down our search to seven corporate behemoths that have strong growth potential in 2021. These are: TSLA, SQ, NVDA, FB, AVGO, DHR and QCOM.

NVDAPositive Net Change QCOMNegative Net Change DHRNegative Net Change TSLANegative Net Change AVGOPositive Net Change GOOGLPositive Net Change SQNegative Net Change

Zacks Equity Research

Griffon's (GFF) Quatro Design Buyout to Aid Australia Business

Griffon's (GFF) buyout of Quatro Design enhances its product offerings and supply channel in Australia. The acquired assets will be integrated with the Consumer and Professional Products segment.

HONNegative Net Change MMMPositive Net Change DHRNegative Net Change GFFNegative Net Change

Zacks Equity Research

Griffon (GFF) Divests System Engineering Group Business

Griffon's (GFF) sale of the System Engineering Group business unit will enable it to better focus on and efficiently direct resources to its core defense electronics and systems product lines.

RAVNNegative Net Change AITNegative Net Change DHRNegative Net Change GFFNegative Net Change

Zacks Equity Research

HC2 Holdings' (HCHC) Unit Divests Four Television Stations

HC2 Holdings' (HCHC) television station divestment enables it to lower HC2 Broadcasting's debts from the proceeds received. This transaction is in sync with plans to strengthen the capital structure.

MMMPositive Net Change GENegative Net Change DHRNegative Net Change HCHCNegative Net Change

Zacks Equity Research

HC2 Holdings (HCHC) to Divest Beyond6 to Mercuria Investments

HC2 Holdings' (HCHC) divestment of the clean energy business will help it ensure financial flexibility and strengthen the balance sheet. The transaction will be complete in the first quarter of 2021.

MMMPositive Net Change GENegative Net Change HCHCNegative Net Change

Zacks Equity Research

Honeywell (HON) Displays Bright Prospects, Risks Persist

Honeywell (HON) is poised to gain from strength in its defense and space businesses and acquired assets. High debt profile remains a concern.

HONNegative Net Change RAVNNegative Net Change AITNegative Net Change DHRNegative Net Change

Nalak Das

Wall Street Defeats Pandemic: Bulls Set to Roar in 2021

We have selected eight stocks that have strong strong potential for 2021 and beyond. These are: DE, MU, GM, TSLA, FDX, NVDA, DHR and GOOGL.

MUNegative Net Change NVDAPositive Net Change DEPositive Net Change GMPositive Net Change FDXPositive Net Change DHRNegative Net Change TSLANegative Net Change GOOGLPositive Net Change

Zacks Equity Research

General Electric's (GE) Unit to Supply Wind Turbine in Vietnam

General Electric's (GE) Renewable Energy to deliver 8 units of 3 MW-137 wind turbines to the Phuoc Minh Wind Farm. The contract will help strengthen footprints in Vietnam.

HONNegative Net Change MMMPositive Net Change GENegative Net Change DHRNegative Net Change

Zacks Equity Research

Macquarie (MIC) Divests IMTT Unit, Declares Special Dividend

Macquarie Infrastructure's (MIC) sale of the IMTT business will enable it to focus more on its core businesses, and allow it to improve balance sheet and shareholders' wealth.

MICPositive Net Change

Zacks Equity Research

Honeywell (HON) to Buy Sparta, Expand Life Science Offerings

Honeywell's (HON) buyout of Sparta Systems will enable it to strengthen its position in digital transformation, industrial automation and enterprise performance management solutions space.

HONNegative Net Change RAVNNegative Net Change AITNegative Net Change DHRNegative Net Change

Payal Jalan

5 Stocks to Benefit From Continued Weakening of US Dollar

Solid international business places U.S.-based companies in an advantageous position to benefit from weakening U.S. dollar. Five such companies from different industries are AAPL, PG, MCD, CAT and GE.

AAPLPositive Net Change CATNegative Net Change MCDPositive Net Change GENegative Net Change PGNegative Net Change

Nalak Das

5 Must-Buy Corporate Giants as Major Indexes Hit Record High

We have narrowed down our search to five corporate behemoths that have popped more than 30% year to date. These are NVDA, DHR, UPS, MSFT and AVGO.

MSFTPositive Net Change NVDAPositive Net Change UPSPositive Net Change DHRNegative Net Change AVGOPositive Net Change

Zacks Equity Research

Honeywell (HON) Buys Sine Group, Strengthens Product Offerings

Honeywell's (HON) buyout of Sine Group will augment its enterprise performance management solution offering apart from expanding customer base.

HONNegative Net Change AITNegative Net Change DHRNegative Net Change CRNegative Net Change

Zacks Equity Research

3M's (MMM) November Sales Improve Y/Y in High-Single Digits

3M's (MMM) top-line performance in November reflects its improving segmental businesses and strength across geographies served. Foreign currency translation too benefits results.

HONNegative Net Change MMMPositive Net Change DHRNegative Net Change CSLNegative Net Change

Zacks Equity Research

General Electric (GE) Announces Tender Offers for Notes & Dividend

General Electric's (GE) tender offerings to buy its Euro, U.S. dollar and GBP-denominated debt securities will help it fortify the balance sheet. It will reward shareholders with a dividend payment.

MMMPositive Net Change GENegative Net Change DHRNegative Net Change CRNegative Net Change

Zacks Equity Research

Reasons Why 3M (MMM) Stock is Worthy Investment Option Now

3M (MMM) to benefit from solid demand in multiple end markets, inorganic actions, shareholder-friendly actions and focus on innovation. Demand for respirators to boost sales by 300 basis points in Q4.

MMMPositive Net Change ITTNegative Net Change DHRNegative Net Change CRNegative Net Change

Zacks Equity Research

Company News for Dec 11, 2020

Companies in The News Are: CIEN,ASO,DIS,TGTX

CIENPositive Net Change DISNegative Net Change TGTXNegative Net Change ASONegative Net Change

Zacks Equity Research

Carlisle (CSL) to Benefit From Buyouts Amid Pandemic Scare

Carlisle (CSL) is likely to benefit from its exposure in diverse end markets, acquired assets and focus on improving operational efficiencies. However, end markets remain weak.

MMMPositive Net Change ITTNegative Net Change DHRNegative Net Change CSLNegative Net Change

Zacks Equity Research

General Electric (GE) Takes Financial Actions, Wins Contracts

General Electric (GE) pension pre-funding actions and repayment of intercompany loans will likely help it to deleverage its balance sheet. Also, multiple contracts won will be advantageous.

MMMPositive Net Change GENegative Net Change DHRNegative Net Change CRNegative Net Change

Swayta Shah

Bet on These 5 Top-Ranked Stocks With Solid Sales Growth

Without sales growth, bottom-line improvement may not be sustainable over time. Let's check Williams-Sonoma (WSM), Rockwell (ROK), Lennar (LEN), People's United (PBCT) & 3M (MMM) as these are likely to see robust sales growth.

MMMPositive Net Change ROKNegative Net Change PBCTNegative Net Change WSMPositive Net Change LENPositive Net Change

Zacks Equity Research

Honeywell (HON) Introduces Building Management Solution

Honeywell's (HON) Small and Medium Building Administrator facilitates building operators to better manage assets and save energy costs. Also, it announces a new solution for HVAC market.

HONNegative Net Change MMMPositive Net Change ITTNegative Net Change DHRNegative Net Change

Zacks Equity Research

General Electric (GE) Arm Wins 1st Cypress Turbine Deal in Spain

General Electric (GE) to deliver 19 units of Cypress onshore wind turbines for Azora's Cuevas de Velasco wind farm in Spain. Its Grid Solutions unit gets a contract from SSEN Transmission in Scotland.

MMMPositive Net Change ITTNegative Net Change GENegative Net Change DHRNegative Net Change