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Industrials

GE’s stock gets a lift on reports of Apollo’s interest in GECAS

General Electric’s (GE) stock got a good boost today after Bloomberg reported that private equity group Apollo Global Management is…

Commercial Metals’ shares tank after Q1 earnings miss estimate

Commercial Metals Company (CMC) missed analysts’ expectations on earnings for the first quarter of 2019 while revenues came in line…

Tesla fast-tracks China program with plans to start delivery in March

After making a noticeable impact on the American passenger vehicle market last year, Tesla (TSLA) seems to be taking forward…

AngioDynamics second-quarter results beat market estimates

AngioDynamics posted second-quarter earnings on Friday, Jan. 4. before trading hours. Net sales for the period inched 5.5% to $91.5 million,…

Recovery hopes brighten after GE starts 2019 on a positive note

Extending the positive momentum seen towards the end of last year, General Electric (GE) started 2019 with a surprise gain.…

Middle East budget carrier flyadeal to switch to Boeing 737 MAX jets

Aircraft maker Boeing (BA) announced that Middle East carrier flyadeal looks to order 50 aircraft. According to a statement, the airline…

Actuant slips to loss in Q1 but beats estimates

Industrial products and systems manufacturer Actuant Corporation (ATU) slipped to a loss in the first quarter from a profit last…

GE shares spike on reports of healthcare unit spin-off

General Electric (GE) shares jumped 8% during intra-day trading on Wednesday after the company reportedly filed for the IPO of…

FedEx continues to bleed even after beating Q2 estimates

FedEx (FDX) reported its second quarter 2019 earnings results. The company beat Street's views by posting non-GAAP EPS of $4.03…

Worthington Industries Q2 profit dips 14%, misses estimates

Worthington Industries (WOR) reported a 14% dip in earnings for the second quarter due to rising input costs and lower…