Conglomerates Sector Review: Winning and Losing Stocks on Oct 31st

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

Gainers (% price change)

  • Olin Corporation (NYSE:OLN): The shares closed at $20.95, up $0.77, or 3.82%, on the day. Its market capitalization is $1.68 billion. About the company: Olin Corporation manufactures chemicals and ammunition products. The Company manufactures and sells chlorine, caustic soda, sodium hydrosulfite, hydrochloric acid, hydrogen, sodium chlorate, bleach products, and potassium hydroxide. Olin also manufactures products that include sporting ammunition, reloading components, small caliber military ammunition and industrial cartridges.
  • Leucadia National Corp. (NYSE:LUK): The shares closed at $26.88, up $0.92, or 3.54%, on the day. Its market capitalization is $6.57 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.
  • ABB Ltd (NYSE:ABB): The shares closed at $19.72, up $0.64, or 3.35%, on the day. Its market capitalization is $45.16 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.
  • Textron Inc. (NYSE:TXT): The shares closed at $19.62, up $0.55, or 2.88%, on the day. Its market capitalization is $5.44 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.
  • Federal Signal Corp. (NYSE:FSS): The shares closed at $4.69, up $0.13, or 2.85%, on the day. Its market capitalization is $291.64 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.

Losers (% price change)

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

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