Conglomerates Sector Review: Winning and Losing Stocks

Wall St. Watchdog reveals information about today’s action in the Conglomerates sector:

Gainers (% price change)

  • Textron Inc. (NYSE:TXT): The shares closed at $16.93, up $0.52, or 3.17%, on the day. Its market capitalization is $4.70 billion. About the company: Textron Inc. is a global, multi-industry company with operations in aircraft, defense, industrial products, and finance. The Company’s products include airplanes, helicopters, weapons, and automotive products. Textron’s finance division offers asset based lending, aviation, distribution, golf, and resort finance, as well as structured capital.
  • 3M Company (NYSE:MMM): The shares closed at $73.99, up $1.09, or 1.5%, on the day. Its market capitalization is $52.50 billion. About the company: 3M Co. conducts operations in electronics, telecommunications, industrial, consumer and office, health care, safety, and other markets. The Company’s businesses share technologies, manufacturing operations, brands, marketing channels, and other resources. 3M serves customers in countries located around the world.
  • ITT Corporation (NYSE:ITT): The shares closed at $41.46, up $0.61, or 1.49%, on the day. Its market capitalization is $7.68 billion. About the company: ITT Corporation designs and manufactures a variety of engineered products. The Company produces pumps, systems, and services to measure and control water and other fluids. ITT also supplies military defense systems, including night vision devices, secure communication systems, and avionics, in addition to providing electrical interconnects, and data storage and PC cards.
  • Raytheon Company (NYSE:RTN): The shares closed at $39.31, up $0.48, or 1.24%, on the day. Its market capitalization is $13.90 billion. About the company: Raytheon Company operates in defense, homeland security and other government markets. The Company provides electronics, mission systems integration in the areas of sensing, effects, command, control, communications and intelligence systems, and mission support services. Raytheon provides products and services worldwide.
  • General Electric Company (NYSE:GE): The shares closed at $15.21, up $0.17, or 1.13%, on the day. Its market capitalization is $161.23 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)

  • Siemens AG (NYSE:SI): The shares closed at $88.19, down $1.1, or 1.23%, on the day. Its market capitalization is $77.08 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.
  • Leucadia National Corp. (NYSE:LUK): The shares closed at $23.48, down $0.09, or 0.38%, on the day. Its market capitalization is $5.74 billion. About the company: Leucadia National Corporation is a diversified holding company. The Company is involved in a variety of businesses, including manufacturing, telecommunications, property management and services, gaming entertainment, real estate activities, medical product development and winery operations.
  • Tyco International Ltd. (NYSE:TYC): The shares closed at $42.98, down $0.01, or 0.02%, on the day. Its market capitalization is $19.96 billion. About the company: Tyco International Ltd. provides security products and services, fire protection and detection products and services, valves and controls, and other industrial products.

(Note: Selected financial data are sourced from Google Finance. All data are assumed to be accurate.)

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