Conglomerates Sector Review: Winning and Losing Stocks on Nov 1st

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

Gainers (% price change)

  • ITT Corporation (NYSE:ITT): The shares closed at $18.80, up $1.27, or 7.24%, on the day. Its market capitalization is $1.74 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.
  • Emerson Electric Co. (NYSE:EMR): The shares closed at $48.31, up $0.19, or 0.39%, on the day. Its market capitalization is $35.98 billion. About the company: Emerson Electric Co. manufactures and markets electrical, electromechanical, and electronic products and systems. The Company produces a variety of products, including process control, industrial automation, electronics, appliance components, and electric motors. Emerson sells its products around the world.
  • Temple-Inland, Inc. (NYSE:TIN): The shares closed at $31.82, up $0.01, or 0.03%, on the day. Its market capitalization is $3.46 billion. About the company: Temple-Inland Inc. manufactures paper, corrugated packaging, and building products. Temple-Inland’s products include linerboard, lumber, particleboard, and fiberboard.

Losers (% price change)

  • Federal Signal Corp. (NYSE:FSS): The shares closed at $4.27, down $0.45, or 9.53%, on the day. Its market capitalization is $265.52 million. About the company: Federal Signal Corporation manufactures and supplies safety, signaling, and communications equipment. The Company’s equipment includes fire rescue products, street sweeping and vacuum loader vehicles, parking control equipment, custom on-premise signage, carbide cutting tools, precision punches and dies, and plastic injection mold components.
  • Leucadia National Corp. (NYSE:LUK): The shares closed at $24.96, down $1.87, or 6.97%, on the day. Its market capitalization is $6.10 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.
  • Siemens AG (NYSE:SI): The shares closed at $100.52, down $4.45, or 4.24%, on the day. Its market capitalization is $87.86 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.
  • Alleghany Corporation (NYSE:Y): The shares closed at $303.92, down $13.4, or 4.22%, on the day. Its market capitalization is $2.69 billion. About the company: Alleghany Corporation, through its subsidiaries, is involved in the property and casualty and surety insurance business. The Company also provides reinsurance to Alleghany group operating units and affiliates own and manages properties in the Sacramento, California region, as well as conducts corporate investment and other activities.
  • General Electric Company (NYSE:GE): The shares closed at $16.02, down $0.69, or 4.13%, on the day. Its market capitalization is $169.82 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.

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

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