Helping Lead The Industiral Sector Higher General Electric Co (NYSE:GE) Shares Jumped More Than 5%t After a Brokerage Upgrade by Stock-PR.com
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General Electric Co (NYSE:GE) shares jumped more than 5 percent after a brokerage upgrade, and helped lead the industrial sector higher. The S&P industrials (^GSPI) gained 1.1 percent.
American International Group, Inc. (AIG) the insurer bailed out by the U.S., fell the most in two months in New York trading after posting sales declines at its property-casualty and life insurance divisions.
CDC Software Corporation (NASDAQ: CDCS), a global provider of enterprise software applications and services, today announced the acquisition of Activplant Corporation, a Canadian-based provider of manufacturing business intelligence solutions, that is expected to position CDC Factory as a market-leading solution in the packaged Manufacturing Operations Management (MOM) solutions space.
Cavitation Technologies, Inc. (OTC Bulletin Board: CVAT) announced recently that it has signed Miura Engineering Co., Ltd. Tokyo, Japan (www.miura21.co.jp) as its new agent to serve markets in Japan for CTI’s Nano-Cavitation Process Systems. Miura is a leading Engineering Company specialized in Edible Oil Processing Plants in the Far East. Last week CVAT reported a 3-for-1 forward stock split.
CF Industries Holdings, Inc. (NYSE: CF) today announced that its board of directors has rejected Agrium Inc.’s (TSX: AGU - News) (NYSE: AGU - News) latest revised proposal to acquire all outstanding shares of CF Industries. Following a review of Agrium’s latest revised proposal with management and its legal and financial advisors, the CF Industries board of directors concluded that the offer continues to substantially undervalue the company and is not in the best interests of CF Industries and its stockholders.
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