Conglomerates Sector Review: Winning and Losing Stocks on Jan 11th

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

Gainers (% price change)

Federal Signal Corp. (NYSE:FSS):

The shares closed at $4.13, up $0.38, or 10.13%, on the day. Its market capitalization is $256.87 million.

Textron Inc. (NYSE:TXT): Shares of Textron trade higher after word leaks that the firm is considering spinoff options. GE is one rumored bidder, according to M&A chatter.

The shares closed at $21.32, up $1.15, or 5.7%, on the day. Its market capitalization is $5.93 billion.

ITT Corporation (NYSE:ITT):

The shares closed at $21.64, up $0.91, or 4.39%, on the day. Its market capitalization is $2.01 billion.

United Technologies Corp. (NYSE:UTX):

The shares closed at $76.70, up $0.67, or 0.88%, on the day. Its market capitalization is $69.50 billion.

General Electric Company (NYSE:GE): Shares of Textron (NYSE:TXT) trade higher after word leaks that the firm is considering spinoff options. GE is one rumored bidder, according to M&A chatter.

The shares closed at $18.88, up $0.16, or 0.85%, on the day. Its market capitalization is $199.32 billion.

Losers (% price change)

Koninklijke Philips (NYSE:PHG): Philips Electronics trades lower after Citigroup downgrades it to Sell and Exane BNP Paribas lowers it to Neutral, following a disappointing preliminary Q4 earnings report yesterday.

The shares closed at $18.55, down $0.5, or 2.62%, on the day. Its market capitalization is $17.44 billion.

Emerson Electric Co. (NYSE:EMR):

The shares closed at $47.83, down $0.87, or 1.79%, on the day. Its market capitalization is $35.17 billion.

Siemens AG (NYSE:SI):

The shares closed at $96.15, down $0.89, or 0.92%, on the day. Its market capitalization is $84.06 billion.

3M Company (NYSE:MMM):

The shares closed at $83.77, down $0.53, or 0.63%, on the day. Its market capitalization is $58.71 billion.

Tyco International Ltd. (NYSE:TYC):

The shares closed at $48.63, down $0.3, or 0.61%, on the day. Its market capitalization is $22.47 billion.