In this article, we’ll go through the rationale behind GE’s planned acquisition of LM Wind Power. According to the GWEC, worldwide wind capacity is expected to nearly double in the next five years.
For 2016, analysts expect Ingersoll Rand (IR) to report revenue of ~$13.5 billion, which would be ~1.5% higher than its revenue of $13.3 billion in 2015.
Ingersoll Rand has agreed to sell its remaining equity interest of 40% in Hussmann to Panasonic. Panasonic will buy 100% shares according to the agreement.
Ingersoll Rand’s 1Q16 earnings boosted its shares to $67.48 in early trading, but the stock closed at $65.39 on April 26—2.5% lower than the opening price.
To simplify organizational complexity and drive efficiencies, Lincoln Electric (LECO) is undergoing a transformation toward a new organizational structure.
Lincoln Electric (LECO) has been successful in keeping a low debt-to-equity ratio. This shows the company is using less leverage and has a strong equity position.
The revival of global growth is of the utmost importance to Lincoln Electric. The company’s revenue declined by 1% in 2014 while it further deteriorated by 10% in 2015.
In fiscal 2015, Lincoln Electric’s (LECO) Harris Product Welding segment contributed approximately 10% to its total revenue, with 7% to its consolidated operating profit.
Ingersoll Rand (IR) has been making air compressors for more than 150 years. The company claims to be technologically advanced and a leader in the field.
Ingersoll Rand (IR) hopes demand will continue to drive its business, but it also plans to help solve some of the world’s most pressing environmental challenges.
The Scout International Fund (UMBWX) is invested in stocks of companies like Syngenta (SYT), Aflac (AFL), ABB (ABB), Barclays (BCS), and Novartis (NVS).
The Swiss franc was trading slightly higher versus the US dollar on December 1, 2015, even as the GDP reports pointed toward slowing growth in the Swiss economy.
The Chairman of the Swiss National Bank, Thomas Jordan, made a dovish statement on Tuesday, stating that the Swiss franc remains significantly overvalued.
The Swiss franc rose against the US dollar on August 28, 2015. Better-than-expected GDP (gross domestic product) figures lifted the sentiment for the franc.
The majority of China’s power transmission is carried out by the government enterprise State Grid Corporation of China (or SGCC). SGCC covers 88% of China’s territory—spread across six separate grids.
With over 280,000 circuit kilometers (or cKm), India’s transmission network is one of the largest and most complicated in the world. The majority of inter-state and inter-regional transmission is carried out by the PowerGrid Corporation of India. It’s owned by the state. It has a network of ~110,000 cKm.
