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Wednesday 21 October 2015
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News Review - General Electric Company, (NYSE:GE), Wal-Mart Stores, (NYSE:WMT), Verizon Communications, (NYSE:VZ)

On Tuesday, Shares of General Electric Company (NYSE:GE), lost -0.72% to $28.78.

General Electric Company, has shown an uptrend of 3.27% in past 5 days with YTD performance of 16.95% and 3-month performance up 9.04%. Its latest closing price of $28.78 was 12.47% up from an average-price of 200 days while it maintained a distance from the SMA 50 at 12.66% and 8.12% compared with the SMA 20.

The stock was up 49.91% from the 52 week low and was -2.64% below the 52 week high.

General Electric Capital Corporation (“GECC”) recently declared the expiration and final results of the formerly declared private offers commenced by GE Capital International Funding Company (the “Issuer”) to exchange (the “Exchange Offers”) the Issuer’s new senior unsecured notes (collectively, the “New Notes”) for certain outstanding debt securities (collectively, the “Old Notes”).

The Exchange Offers expired at 11:59 p.m., New York City time on October 19, 2015 (the “Expiration Date”). The Withdrawal Deadline expired at 5:00 p.m., New York City time on October 2, 2015. Old Notes tendered for exchange may not be validly withdrawn.

 

General Electric Company operates as an infrastructure and financial services company worldwide. The company’s Power and Water segment offers gas, steam and aeroderivative turbines, nuclear reactors, generators, combined cycle systems, controls, and related services; wind turbines; and water treatment services and equipment.

Shares of Wal-Mart Stores Inc. (NYSE:WMT), declined -0.17% to $58.75, during its last trading session.

The year-to-date performance of the company stands at -30.27% with an decline of -11.96% in the last week and -19.15% in the previous three months.

Its most recent closing price of $58.75 was 0.65% up from the 52 week low and was -34.17% below the 52 week high. Its latest closing price was -21.75% down from an average-price of 200 days while it kept its distance from the SMA 50 at -10.27% and -8.11% compared with the SMA 20.

Wal-Mart Stores, Inc. (WMT) recently offered its planned outlook and growth plans for the future at the company’s 22nd annual meeting for the investment community. The investments outlined recently are part of a framework designed to drive sales growth by strengthening the U.S. and e-commerce businesses. This framework is intended to enhance the experience in stores, leverage Walmart’s unique supply chain capabilities to lower costs and build deep digital relationships with customers.

 

Wal-Mart Stores, Inc. operates retail stores in various formats worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam’s Club. It operates discount stores, supermarkets, supercenters, hypermarkets, warehouse clubs, cash and carry stores, home improvement stores, specialty electronics stores, restaurants, apparel stores, drug stores, and convenience stores, in addition to retail Websites, such as walmart.com and samsclub.com.

Finally, Verizon Communications Inc. (NYSE:VZ), ended its last trade with 1.21% gain, and closed at $45.24.

Verizon Communications, has YTD performance of 1.42%. The company has the market capitalization of $183.93B while its P/B ratio was 16.16. Institutional investors own 64.60% stake in the company while beta factor, which is used to measure riskiness of the security, was 0.31. Net profit margin of this company was 7.70% while its operating profit margin was 15.80%.

Verizon Communications Inc., through its auxiliaries, provides communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide.

DISCLAIMER:

This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified with such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.




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