Stock Alert: Harris Corporation (NYSE:HRS), Caterpillar Inc. (NYSE:CAT), Wal-Mart Stores Inc. (NYSE:WMT), POSCO (NYSE:PKX), Cenovus Energy Inc. (NYSE:CVE)


Harris Corporation (NYSE:HRS) will officially open the $130 million Harris Technology Center in Palm Bay on Monday. U.S. Sen. Bill Nelson, D-Orlando, and Rep. Bill Posey, R-Rockledge, will join Harris Chief Executive Officer William Brown and others at the invitation-only ribbon-cutting for the six-story, 450,000-square-foot facility that will house at least 100 new engineers and scientists. On Friday shares of Harris Corporation (NYSE:HRS) closed at $78.34. Company’s EPS growth for next 5 years is recorded as 2.00%.

Caterpillar Inc. (NYSE:CAT) announced Friday that it is keeping its global headquarters in Peoria and expanding and overhauling its corporate campus in what it called a re-commitment to the central Illinois city. On Friday shares of Caterpillar Inc. (NYSE:CAT) closed at $84.44. Company’s sales growth for last 5 years was 11.20% and EPS growth for next 5 years is recorded as 9.69%.

Mart Stores Inc. (NYSE:WMT) announced that salaries for current associates will be raised to a minimum of $10 per hour this year, and that associates company-wide will be paid a minimum of $10 per hour beginning in February 2016. Wal-Mart Stores Inc. (NYSE:WMT) in last trading activity advanced 0.93% to close at $84.30. Company weekly performance is -1.85% while its quarterly performance stands at 1.18%. Wal-Mart Stores Inc. (NYSE:WMT) is -7.33% away from its 52 week high.

On February 19, it was reported that, New Indian Express reported that POSCO (NYSE:PKX) will call on Prime Minister Mr Narendra Modi to salvage its USD 12 billion investment that seeks to set up a steel plant in Odisha as the project had run into fresh trouble after the promulgation of mining Ordinance, which makes auction the only route to get a mine. POSCO (NYSE:PKX) institutional ownership stands at 7.30%. In last trading activity company’s stock closed at $60.86.

On February 17, it was reported that, Cenovus Energy Inc. (NYSE:CVE) announced that it has entered into a bought-deal financing agreement to sell 67.5 million common shares (“Common Shares”) at a price of $22.25 per share (the “Offering”). The net proceeds of the Offering, combined with the company’s $3 billion of undrawn committed credit lines, provide Cenovus with a stronger balance sheet and financial flexibility to pursue its planned capital program. On last trading day Cenovus Energy Inc. (NYSE:CVE) moved up 0.23% to close at $17.72. Its volatility for the week is 2.91% while volatility for the month is 3.80%. CVE’s sales growth for past 5 years was 2.40% and its EPS growth for past 5 years was -22.50%. Cenovus Energy Inc. (NYSE:CVE) monthly performance is -9.27%.


Leave a Reply

Your email address will not be published. Required fields are marked *