Conglomerates Sector Review: Winning and Losing Stocks
Wall St. Watchdog reveals information about today’s action in the Conglomerates sector:
Gainers (% price change)
- ABB Ltd (NYSE:ABB): The shares closed at $18.90, up $1.25, or 7.08%, on the day. Its market capitalization is $43.28 billion. About the company: ABB Limited provides power and automation technologies. The Company operates under segments that include power products, power systems, automation products, process automation and robotics.
- Koninklijke Philips (NYSE:PHG): The shares closed at $19.66, up $1.28, or 6.96%, on the day. Its market capitalization is $19.12 billion. About the company: Koninklijke Philips Electronics N.V. manufactures medical systems; domestic appliances; consumer electronics; and lighting. The Company produces imaging, ultrasound and healthcare informatics equipment; shaving and beauty and health and wellness products; displays, and peripherals; and lamps and luminaries.
- Siemens AG (NYSE:SI): The shares closed at $100.77, up $5.06, or 5.29%, on the day. Its market capitalization is $88.07 billion. About the company: Siemens AG manufactures a wide range of industrial and consumer products. The Company builds locomotives, traffic control systems, automotive electronics, and engineers electrical power plants. Siemens also provides public and private communications networks, computers, building control systems, medical equipment, and electrical components. The Company operates worldwide.
- Dover Corporation (NYSE:DOV): The shares closed at $52.50, up $2.46, or 4.92%, on the day. Its market capitalization is $9.77 billion. About the company: Dover Corporation manufactures a variety of specialized industrial products and manufacturing equipment. The Company’s products include Material handling equipment, refuse truck bodies, tank trailers, refrigeration systems, refrigeration display cases, marking and coding systems,sucker rods, drill bit inserts, nozzles, swivels and breakaways, and electronic technology equipment.
- General Electric Company (NYSE:GE): The shares closed at $16.14, up $0.64, or 4.13%, on the day. Its market capitalization is $171.09 billion. About the company: General Electric Company is a diversified technology, media and financial services company. The Company offers products and services ranging from aircraft engines, power generation, and water processing technology to medical imaging, business and consumer financing, media content and industrial products. General Electric conducts operations globally.
Losers (% price change)
(Note: Selected financial data are sourced from Google Finance. All data are assumed to be accurate.)
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