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Home » Business & Finance » Active Stocks Trader’s Alert - General Electric Company (NYSE:GE), ServiceMaster Global Holdings, Inc. (NYSE:SERV), Best Buy Co., Inc. (NYSE:BBY), Microsoft Corporation (NASDAQ:MSFT)
Active Stocks Trader’s Alert – General Electric Company (NYSE:GE), ServiceMaster Global Holdings, Inc. (NYSE:SERV), Best Buy Co., Inc. (NYSE:BBY), Microsoft Corporation (NASDAQ:MSFT)

Active Stocks Trader’s Alert - General Electric Company (NYSE:GE), ServiceMaster Global Holdings, Inc. (NYSE:SERV), Best Buy Co., Inc. (NYSE:BBY), Microsoft Corporation (NASDAQ:MSFT)

March 3, 2015 6:06 pm by: Category: Business & Finance Leave a comment A+ / A-

Breaking NEWS: Springleaf Holdings Inc. said Tuesday it has agreed to buy Citigroup Inc. ’s OneMain Financial for about $4.25 billion in cash. The combined corporation would be the biggest subprime lender in the U.S.

Insights about U.S. Stocks that are active during the recent trade, are depicted underneath:

General Electric Company (NYSE:GE)’s shares dropped -0.60%, and is now trading at $25.95, soon after the news release that General Electric Corporation, is introducing its latest innovations for medical imaging and healthcare IT under the theme “Advancing Healthcare…Together” at the 2015 European Congress of Radiology (ECR) in Vienna, Austria. Across Europe, healthcare professionals are facing noteworthy economic and demographic challenges. Aging populations, the rise in non-communicable diseases, new regulations on radiation dose and the need for greater productivity are influencing on healthcare professionals everywhere. GE Healthcare is ongoing its mission to empower radiologists by introducing even more innovations, aimed at meeting the clinical, financial and regulatory needs for greater efficiency, speed, flexibility, improved image clarity, better connectivity and reduced radiation dose.

Jean-Michel Malbrancq, President & CEO, GE Healthcare Europe said, “GE has been committed to innovating for radiologists and their patients for more than 100 years. We’re delighted to be at ECR 2015, sharing a range of innovations all of which are designed to assist solve the challenges faced by healthcare providers across Europe. Visitors to our booth will see that we’re focused on new technologies that are designed to assist our customers make more confident diagnoses, improve patient safety and comfort, raise throughput and generate efficiencies.”

General Electric Company (NYSE:GE), operates as an infrastructure and financial services company worldwide. The company’s Power and Water segment offers gas, steam and aero derivative turbines, nuclear reactors, generators, combined cycle systems, controls, and related services; wind turbines; and water treatment services and equipment. Its Oil and Gas segment provides surface and subsea drilling and production systems, equipment for floating production platforms, compressors, turbines, turboexpanders, reactors, industrial power generation, and auxiliary equipment.

ServiceMaster Global Holdings, Inc. (NYSE:SERV), dwindled -0.20 %, and is now trading at $35.64, soon after a leading provider of essential residential and commercial services, formerly on February 26, declared preliminary unaudited fourth-quarter and full-year 2014 results. The corporation stated fourth-quarter 2014 proceed of $577 million, an raise of 8 percent contrast to the same period in 2013. The corporation stated full-year 2014 proceed of $2.5 billion, an raise of 7 percent contrast to the previous year. Both the full-year and fourth-quarter raises in proceed were driven by the attainment of Home Security of America, Inc. (“HSA”), an raise in sales of new services at Terminix, and accelerated organic growth at American Home Shield.

The corporation stated fourth-quarter 2014 net revenue of $20 million or $0.15 per share as compared to a net loss of $18 million or $0.20 per share in the same period in 2013.

Counting a $100 million loss from suspended operations associated with goodwill and trade name impairment charges at TruGreen, a partner which the corporation spun-off on January 14, 2014, the corporation stated a full-year 2014 net loss of $57 million, or $0.50 per share. The net loss in 2014 also comprises a loss on extinguishment of debt of $65 million and consulting contract termination fees of $21 million in conjunction with the corporation’s initial public offering. This compares to a net loss of $507 million, or $5.49 per share for the full-year 2013, which comprised of a loss of $549 million from suspended operations associated with TruGreen.

The corporation stated fourth-quarter 2014 Adjusted EBITDA of $114 million, an raise of $25 million or 28 percent contrast to the same period in 2013. The raise was primarily driven by the influence of higher proceed and operating cost savings, partially offset by higher marketing spend at AHS during the quarter. Full-year Adjusted EBITDA was $557 million contrast to $450 million for the full-year 2013.

Rob Gillette, ServiceMaster’s chief executive officer, noted an raise in sales of new services at Terminix, combined with direct-to-consumer sales growth at American Home Shield, and improved operating efficiencies, drove proceed and Adjusted EBITDA growth in the fourth-quarter as compared to the preceding year.

ServiceMaster Global Holdings, Inc. (NYSE:SERV), provides residential and commercial services in the United States. The company offers termite and pest control services, counting termite remediation, annual termite inspection and prevention treatments with damage claim guarantees, and periodic pest control services, in addition to mosquito control, crawlspace encapsulation, and wildlife exclusion.

Best Buy Co., Inc. (NYSE:BBY), enhanced 1.37 %, and is now trading at $39.16, soon after the news release, Best Buy Co., declared that its Board of Directors authorized a plan to return excess capital to shareholders as follows:

  • A special, one-time dividend of $0.51 per share, or about $180 million, related to the net after-tax proceeds from LCD-related legal settlements received in the last three fiscal years;
  • A 21% raise in the regular quarterly dividend to $0.23 per share, effective right away; and;
  • The resumption of share repurchases under the existing $5 billion authorization, with the intent to repurchase $1 billion worth of shares over the next three years.

The special cash dividend and the regular quarterly cash dividend will be payable on April 14, 2015 to shareholders of record as of the close of business on March 24, 2015. The corporation had 351,468,459 shares of ordinary stock issued and outstanding as of January 31, 2015. The special dividend, regular dividend raise and share repurchases will be funded through existing cash and cash equivalents on the balance sheet and future cash flow generation. The share repurchases will be executed in the open market or through privately negotiated transactions at times and amounts determined by the corporation based on its evaluation of market conditions and other factors.

Hubert Joly, Best Buy president and CEO, commented, “Today’s Declaration demonstrates our commitment to returning excess capital to our shareholders, while preserving our strong balance sheet and the ability to continue to invest in the growth of our business. The progress of our Renew Blue initiatives and the confidence in our cash flow generating power allows us to provide this improved return for our shareholders.”

Best Buy Co., Inc. (NYSE:BBY), operates as a multi-national, multi-channel retailer of technology products in the United States, Canada, China, and Mexico. Its stores offer consumer electronics consisting primarily of television and home theaters; digital cameras and camcorders; DVD and Blu-ray players; portable electronics, such as MP3 devices, headphones and speakers, car stereo, navigation and satellite radio; and all related accessories.

Microsoft Corporation (NASDAQ:MSFT) dropped -1.34%, and is now trading at $43.29, soon after the news release that AT&T and Microsoft Corporation, are making it easier than ever for small and midsized businesses to collaborate by voice, video and web from virtually any mobile device. The new solution, AT&T Mobile Office Suite, assists to improve employee productivity while in the office or on-the-go.

The rapid pace of business requires employees to efficiently collaborate and communicate at any time, from virtually anywhere. While there are an increasing number of cloud-based solutions accessible, small businesses have not been able to fully implement and adopt these solutions due to limited budgets and technical support.

AT&T Mobile Office Suite is a cloud-based, mobile partnership solution, accessible in the U.S., which overcomes these challenges by providing a simple, all-in-one bundle at a predictable monthly cost. Small businesses get fast, easy and highly-secure access to voice calls, email, calendars, instant messaging, HD video conferencing, desktop sharing, file sharing and more.

Key elements comprise:

  • Microsoft Office 365 – Access to familiar, cloud-based productivity tools such as Lync, Exchange, Word, Excel, PowerPoint, Outlook and OneDrive from a desktop, laptop, smartphone or tablet.
  • Voice Connection – Expanded click-to-call function for Lync Online that enables small business users to make and receive any type of domestic or international voice call while in the U.S., counting those from Lync, Skype, wireless and landline phones.
  • Device – Accessible on new or existing AT&T Windows Phone, like the brand new Lumia 640 XL and popular Lumia 830, in addition to AT&T devices running on iOS or Android operating systems. Smartphones start as low as $0 down on the AT&T Next program.
  • Wireless Plan – Works seamlessly with the AT&T wireless rate plan that fits small business needs.
  • Onboarding / Technical Support –Transition planning and onboarding, data migration and deployment services, in addition to ongoing 24/7 technical support.

Microsoft Corporation (NASDAQ:MSFT) develops, licenses, markets, and supports software, services, and devices worldwide. The company’s Devices and Consumer (D&C) Licensing segment licenses Windows operating system and related software; Microsoft Office for consumers; and Windows Phone operating system.

Active Stocks Trader’s Alert - General Electric Company (NYSE:GE), ServiceMaster Global Holdings, Inc. (NYSE:SERV), Best Buy Co., Inc. (NYSE:BBY), Microsoft Corporation (NASDAQ:MSFT) Reviewed by on . Breaking NEWS: Springleaf Holdings Inc. said Tuesday it has agreed to buy Citigroup Inc. ’s OneMain Financial for about $4.25 billion in cash. The combined corp Breaking NEWS: Springleaf Holdings Inc. said Tuesday it has agreed to buy Citigroup Inc. ’s OneMain Financial for about $4.25 billion in cash. The combined corp Rating: 0

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