EdgeWater 1/20/2011 12:24:50 AM
News / Business

Conglomerate Stocks To Watch (General Electric, TXT, UTX, DHR)

Conglomerate Stocks To Watch

General Electric Company (NYSE:GE) fell 1.51% to $18.32. The stock has a 52-week range of $13.75-$19.70.

The company is expected to report a higher fourth-quarter profit later this week as the conglomerate rights its troubled financial-serviced business amid accelerating demand for its industrial products. Analysts polled by FactSet Research expect GE to post earnings of 31 cents a share, up from 28 cents a share in the year-earlier period.

Textron Inc. (NYSE:TXT) slid 0.19% to $25.96 after it made its new 52-week high of $26.14. Textron Inc. is a multi-industry company with a global network of aircraft, defense, industrial and finance businesses to provide customers with products and services worldwide.

The stock opened at $25.94 and is trading within the range of $25.84-$26.14.

United Technologies Corporation (NYSE:UTX) surged 0.29% to $79.80. The stock has a 52-week range of $62.88-$79.95. The stock has average daily volume of 3.07 million shares. At current market price, the market capitalization of the company stands at $73.69 billion.

United Technologies Corporation provides high technology products and services to the building systems and aerospace industries.

Danaher Corporation (NYSE:DHR) lost 0.44% to $47.21. The stock opened at $47.29 and is trading within the range of $47.21-$47.46.

Danaher Corporation is engaged in the design, manufacture and marketing of professional, medical, industrial, commercial and consumer products. 

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