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multi-sector-conglomerates: Archive

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.

ATVI GE GPK BWEN

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.

GE DHR BKR WAB

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.

HON ITT CSL CR

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.

KMB BGS MED GO REYN

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.

MMM LXU HTHIY HON GE DHR

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.

HON MMM ITT GE

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.

PHM KBH NVR LEN DHI MTH

Zacks Equity Research

General Electric Takes Multiple Debt Restructuring Actions

General Electric (GE) completes and announces the results of its debt tender offerings for U.S. Dollar, Euro and GBP denominated notes. Also, GE Capital closes its debt offerings.

HON MMM ITT GE

Zacks Equity Research

Honeywell to Increase FFP2 & FFP3 Face Mask Output in Europe

Honeywell (HON) to produce 70 million FFP2 and FFP3 face masks at its Newhouse site in Scotland to help contain the coronavirus pandemic.

HON GPK BWEN IDN

Zacks Equity Research

Danaher's Stock Offering Proceeds to Fund Corporate Needs

Danaher (DHR) completes the offering of common and convertible preferred shares. It intends on using the funds raised to pay for its corporate needs.

MMM GE DHR XYL

Daniel Laboe

Disney Will Test Social Distancing At Shanghai Park

Disney is hoping that a successful reopening in Shanghai will enable them to reopen more of these cash cows

DIS

Ritujay Ghosh

Face Mask Production Saving Retailers Amid Coronavirus

A number of apparel brands are not only supplementing for the shortage of protective gear but also looking for a survival strategy by selling facial masks and other protective gear.

UA HON MMM GPS RL HBI ETSY

Zacks Equity Research

General Electric (GE) Announces Debt-Restructuring Actions

General Electric (GE) commences tender offers for notes previously issued by it and its subsidiaries. Also, its GE Capital segment is considering private debt offerings.

GE BERY LAKE IDN

Zacks Equity Research

Danaher (DHR) Beats Q1 Earnings Estimates, Provides Bleak View

Danaher's (DHR) Q1 results reflect healthy growth in organic sales and the impacts of forex woes. Core sales in Q2 are expected to reflect the pandemic woes and gains from Cytiva.

MMM GE DHR FSS

Daniel Laboe

Disney Needs Some Magic

Disney announced that COVID-19 cost the company $1.4 billion in operating income this past quarter, and it appears that the current quarter is only going to be worse

DIS NFLX

Zacks Equity Research

Macquarie (MIC) Earnings and Revenues Miss Estimates in Q1

Macquarie's (MIC) first-quarter 2020 revenues decrease 14% year over year on account of lackluster performance across its segments.

MIC BERY IRBT IDN

Zacks Equity Research

Is a Surprise Coming for Danaher (DHR) This Earnings Season?

Danaher (DHR) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

DHR

Zacks Equity Research

Danaher (DHR) to Report Q1 Earnings: Is a Beat in Store?

Danaher's (DHR) Q1 results are expected to reflect healthy segmental growth. However, adverse impacts of the coronavirus outbreak on demand are anticipated to have ailed.

BLL DHR NDSN AAXN

Ritujay Ghosh

Trump Pushes for US-Made Medical Products: 4 Winners

An executive order to address the lack of medical product manufacturing in the United States could in a way boost manufacturing and sales of home-grown goods.

F MMM GM QDEL ZYXI MGNX LMAT

Zacks Equity Research

ITT Q1 Earnings & Revenues Surpass Estimates, Decline Y/Y

ITT's first-quarter 2020 revenues decrease 4.6% year over year on account of lackluster performance across most of the segments.

ITT CECE ACCO IDN

Zacks Equity Research

Honeywell (HON) Q1 Earnings Beat Estimates, Revenues Miss

Honeywell's (HON) first-quarter 2020 revenues decline 5% year over year on account of lackluster performance across most of its segments.

HON CECE ACCO IDN

Zacks Equity Research

Gilead's Coronavirus Drug Shows Positive Data

Gilead's Coronavirus Drug Shows Positive Data

BA GILD GE

Zacks Equity Research

Honeywell (HON) to Report Q1 Earnings: Will it Disappoint?

Impacts of weak productivity products business, coronavirus outbreak-led issues and forex woes are expected to get reflected in Honeywell's (HON) Q1 results.

BLL HON AAXN IDN

Zacks Equity Research

Company News for Apr 29, 2020

Companies In The News Are: MMM, PEP, CNC, SIRI.

MMM SIRI PEP CNC

Zacks Equity Research

General Electric (GE) Q1 Earnings Lag Estimates, View Gloomy

General Electric's (GE) first-quarter 2020 earnings reflect the adverse impacts of the coronavirus outbreak. Persistence of the headwinds is likely to impact second-quarter results as well.

GE DHR BKR WAB