|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||64.10 - 64.85|
|52 Week Range||51.25 - 85.54|
|Beta (3Y Monthly)||1.13|
|PE Ratio (TTM)||8.69|
|Forward Dividend & Yield||1.41 (2.20%)|
|1y Target Est||N/A|
Honeywell's (HON) unit, Honeywell UOP, gets selected by ZPC to provide a range of process technology for its integrated refining and petrochemical complex in Zhoushan.
Rise in orders from the chemical and general industrial businesses and solid demand for specialized connectors will boost ITT's growth despite high cost of sales due to material cost inflation.
Carlisle (CSL) gains from robust growth in prospects in segmental businesses, acquired assets, cost-saving initiatives and shareholder-friendly policies.
General Electric's (GE) business unit agrees to divest its leading supply chain finance platform - Trade Payable Services - to MUFG Union Bank.
3M (MMM) and Eckhart launch the 3M ATS solution, which uses collaborative robot technology to automate the manual processes that involve 3M Attachment Tapes.
General Electric's (GE) divestment of GE Transportation to Wabtec gets a green signal from the U.S. Department of Justice. It is likely to be advantageous for both.
Shoe Carnival, Diamondback Energy, HSBC, Northrup and Hitachi highlighted as Zacks Bull and Bear of the Day
Honeywell's (HON) partnership with Theatro will enable users experience high-quality voice communications on Wi-Fi networks on Theatro Communicator and Honeywell Mobility Edge device.
Carlisle (CSL) completes the acquisition of Petersen Aluminum for $197 million in cash. This buyout will boost the company's business in the metal roofing platform.
“If we don’t take these long-term decisions now, we will be committing a serious dereliction of our duty to the future of the country,” the then prime minister said in a speech at Confederation of British Industry’s annual dinner. Almost 13 years later, just one plant is under construction -- the Hinkley Point project being built by France’s state power company in southwest England. Reports on Friday said Japan’s Hitachi Ltd. has decided to halt work on the Wylfa project in North Wales.
Watch out. One of the next decade's biggest technology breakthroughs will be in batteries. I'm not talking about the AA and AAA batteries you need to power a TV remote or children's toy. I'm talking about the industrial batteries that are going to power things like electric and autonomous vehicles, smartphones and more -- solid state batteries. The lithium-ion batteries that are currently being used are passable for making today's technology work. However, they're not adequate for the next generation of devices, machines and automobiles. The 2019 Consumer Electronics Show (CES) is taking place in Las Vegas this week. More than 4,500 companies and 180,000 attendees have gathered to learn about some of the market's newest and hottest innovations. InvestorPlace - Stock Market News, Stock Advice & Trading Tips You can be sure I'm keeping a very close eye on the headlines. This is where I get the inside scoop on all of the different emerging technologies that will change our lives today, tomorrow and years into the future. If there's one thing I have learned from this year's show, it's that the gadgets of the future will require longer battery life. Not only will the next generation of batteries need to go further on a single charge, their overall lifespan will need to increase dramatically as well. * Morgan Stanley: 7 Risky Stocks to Sell Now Good thing solid state batteries are slated to be the next big battery breakthrough. The greatest development with these new batteries is that they use solid electrolytes instead of liquid ones. This alone will improve nearly every aspect of today's battery technology and be a boon to any battery stocks that get in on the ground floor. Because of their composition, solid state batteries are smaller, lighter and can store a lot more energy than what is currently available. They have less impact on the environment. And the icing on the cake? They are much less likely to catch fire or explode. ### The Train Is Leaving the Station The big names in the electronics and auto industries have invested in solid state battery technology for years. Everyone from Toyota Motor (NYSE:TM) to Volkswagen (OTCMKTS:VWAGY) to Hitachi (OTCMKTS:HTHIY) and even Dyson -- yes, the company known for its vacuum cleaners -- have dug into it. There's good reason for this. The upside potential in this early stage industry is enormous! Just look at some of the projections: * According to MarketsandMarkets, the solid state battery industry is expected to reach $1.1 billion by 2020. That would result in a compound annual growth rate (CAGR) of 72% between 2015 and 2020. * Inkwood Research expects the global solid state battery market to grow with a CAGR of 67% between 2018 and 2026. * And research firm Arthur D. Little sees the entire battery market growing to be worth $90 billion by 2025, up from $60 billion in 2015. That last figure is especially important because it shows how overall demand for batteries is on the verge of exploding. (Again, not the batteries … just the demand!) Don't expect solid-state battery technology to be in the headlines for a few years still. But there is no question that now is the time to position your portfolio for what could be the biggest energy breakthrough in decades. Matthew McCall is the founder and president of Penn Financial Group, an investment advisory firm, as well as the editor of Investment Opportunities and Early Stage Investor. He has dedicated his career to getting investors into the world's biggest, most revolutionary trends BEFORE anyone else. The power of being "first" gave Matt's readers the chance to bank +2,438% in Stamps.com (STMP), +1,523% in Ulta Beauty (ULTA), +1,044% in Tesla (TSLA), +611% in Liquefied Natural Gas Limited (LNGLY), +324% in Bitcoin Services (BTSC), just to name a few. If you're interested in making triple-digit gains from the world's biggest investment trends BEFORE anyone else, click here to learn more about Matt McCall and his investments strategy today. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks You Can Set and Forget (Even In This Market) * 10 Virtual Assistants for the Future of Smart Homes * 7 5G Stocks to Buy as the Race for Spectrum Tightens Compare Brokers The post Bet Big on the Next Generation of Batteries appeared first on InvestorPlace.
LONDON/TOKYO (Reuters) - Japan's Hitachi has yet to decide whether to proceed with its trillion yen (£7.2 billion) nuclear project in Britain and talks with the government are continuing, the company and government said on Friday. Hitachi's Horizon Nuclear Power unit has struggled to find investors for its plans to build a plant in Anglesey, Wales, which could provide about 6 percent of Britain’s electricity. Japan’s Nikkei business daily reported that Hitachi had decided to freeze the project, although it also reported that the board had yet to vote to make it a formal decision.
The U.K. government has put atomic energy at the heart of its effort to attract 100 billion pounds ($130 billion) of investment to upgrade its aging reactors it needs to keep the lights on. Japanese conglomerate Hitachi Ltd. will halt work on the Wylfa project and take a one-time charge as negotiations with the British government over funding stalled, the Nikkei newspaper reported. After Toshiba Corp.’s withdrawal from its Moorside plant in November, it leaves the nation with just Electricite de France SA’s Hinkley Point project underway and that’s been mired in controversy because of delays and the cost to the U.K. consumer.
According to people familiar with financing discussions for the Wylfa plant, a lack of firm investor commitments means Hitachi can no longer keep putting money into the so-called Horizon project and will announce it is to pull the plug at a board meeting next week. The news comes just hours after a visit to Britain by Shinzo Abe, the Japanese prime minister, where he suggested that business links between the two countries were under threat from a potential no-deal Brexit.
The company will book a loss of between 200 billion yen and 300 billion yen ($2.8 billion) after freezing assets of its British nuclear business and writing down their value, the Nikkei reported without attribution. Investors applauded signs the company may distance itself from the nuclear power industry -- which has been saddled by cost overruns, stiff competition from cheaper fuels and tougher regulations -- as well as the Brexit turmoil that has consumed the government of Prime Minister Theresa May. “What investors want is increased profit and a lot of synergy to be captured in the near to medium term, and not long-term projects that could escalate and blowout in terms of costs,” said Damian Thong, an analyst at Macquarie Group Ltd. in Tokyo.
Zacks.com featured expert Kevin Matras highlights: Hitachi, Gray Television, SP Plus and Ingles Markets
Continuous rise in costs along with ongoing challenges within the International-Matex Tank Terminals segment have been thwarting Macquarie's (MIC) growth.
Cash gives a company the flexibility to make decisions, the means to make potential investments and the fuel to run its growth engine.
Hitachi (HTHIY) seems to be a good value pick, as it has decent revenue metrics to back up its earnings, and is seeing solid earnings estimate revisions as well.
A local leasing and fleet-management unit of Hitachi offered to acquire all shares of Gdansk-based Prime Car at 12.09 zloty each, according to a filing. Hitachi has been retooling in recent years to expand in digital services, including a $2.8 billion investment program in the so-called Internet of Things that involves acquisitions as well as developing its own technology. A PKO Leasing spokeswoman declined immediately to comment on Hitachi’s bid.
TOKYO/PARIS (Reuters) - The possible withdrawal of Japanese conglomerates from nuclear export projects in Britain and Turkey would leave the nuclear newbuild industry open to Russian and Chinese state-owned companies as Western private firms struggle to compete. Japanese media reported this month that Mitsubishi Heavy Industries (MHI) was set to scrap the Sinop nuclear project in Turkey as cost estimates had nearly doubled to around 5 trillion yen ($44 billion). Last week, Hitachi was reported to be considering whether to scrap its 3 trillion yen Horizon nuclear project in Britain as cost estimates had risen, while Toshiba liquidated its UK project this year.
TOKYO/PARIS (Reuters) - The possible withdrawal of Japanese conglomerates from nuclear export projects in Britain and Turkey would leave the nuclear newbuild industry open to Russian and Chinese state-owned companies as Western private firms struggle to compete. Japanese media reported this month that Mitsubishi Heavy Industries (MHI) was set to scrap the Sinop nuclear project in Turkey as cost estimates had nearly doubled to around 5 trillion yen (34.78 billion pounds). Last week, Hitachi was reported to be considering whether to scrap its 3 trillion yen Horizon nuclear project in Britain as cost estimates had risen, while Toshiba liquidated its UK project this year.
Moody's Investors Service ("Moody's") today changed the outlook on the A2 long-term issuer rating of ABB Ltd. (ABB) to negative from stable. At the same time, Moody's affirmed ABB's A2 long-term issuer rating, the P-1 short-term issuer rating and the A2 rated debt instruments. A full list of affected ratings can be found at the end of this press release.
Japanese companies have embarked on the biggest overseas acquisition spree in more than 20 years, echoing the deal boom of the 1980s as they race to buy growth to offset a shrinking domestic market and ageing workforce. Corporate Japan splashed out nearly $180bn on 621 outbound deals so far this year, compared with 685 deals with a total value of almost $80bn for the whole of 2017, according to financial data provider Dealogic. Hitachi (HTHIY) added another $6.4bn to Japan’s tally of deals on Monday after it bought an 80.1% stake in the power grids division of its Swiss-Swedish rival ABB (ABB) .
At CES 2019, Hitachi demonstrated a remote vehicle-summoning technology that combines preset routes with dynamic obstacle avoidance.