Honeywell International Inc. (NYSE:HON) Process Solutions today announced it will upgrade process control and alarm management systems at the Molikpaq platform on the Sakhalin shelf, Russia, to improve safety, reliability and operational efficiency. The Molikpaq platform, owned by Sakhalin Energy Investment Co. Ltd., celebrated its 15-year anniversary in September 2013. The platform produces 48,000 barrels of crude oil per day. Honeywell International Inc. (NYSE:HON)’s stock on 31 July traded at beginning with a price of $93.31 and when day-trade ended the stock finally fell -2.38% to end at $91.83. Honeywell International Inc. (NYSE:HON)’s showed weekly performance of -4.35%.
Trade-Ideas LLC identified Avago Technologies Limited (NASDAQ:AVGO) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Avago Technologies as such a stock due to the following factors: AVGO has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $125.8 million. AVGO has traded 38,476 shares today. AVGO is trading at a new lifetime high. Avago Technologies Limited (NASDAQ:AVGO) on Thursday closed at $69.38. Stock institutional ownership is 99.40% while insider ownership includes 0.30%. Avago Technologies Limited (NASDAQ:AVGO) distance from 50-day simple moving average (SMA50) is -3.38%.
NextEra Energy, Inc. (NYSE:NEE) operating performance is driven primarily by the operations of its two principal subsidiaries, FPL, which serves approximately 4.7 million customer accounts in Florida and is one of the largest rate-regulated electric utilities in the U.S., and NEER, which together with affiliated entities is the largest generator in North America of renewable energy from the wind and sun. The table below presents NEE’s net income (loss) and earnings (loss) per share by reportable segment – FPL, NEER and Corporate and Other, which is primarily comprised of the operating results of NEET, FPL FiberNet and other business activities, as well as other income and expense items, including interest expense, income taxes and eliminating entries (see Note 11 for additional segment information, including reported results from continuing operations). The following discussions should be read in conjunction with the Notes contained herein and Management’s Discussion and Analysis of Financial Condition and Results of Operations (Management’s Discussion) appearing in the 2013 Form 10-K. The results of operations for an interim period generally will not give a true indication of results for the year. In the following discussions, all comparisons are with the corresponding items in the prior year period. NextEra Energy, Inc. (NYSE:NEE)’s shares on Thursday traded in the range of 93.80 – 95.9799and ended up on $93.89. NextEra Energy, Inc. (NYSE:NEE) distance from 200-day simple moving average (SMA200) is 3.08%. NEE’s sales growth for past 5 years was -1.60% and its EPS growth for past 5 years was -0.20%.
CIT Group Inc. (NYSE:CIT), a global leader in aircraft finance, today announced that CIT Aerospace provided a $27 million senior secured credit facility to Virgo Investment Group LLC, a private investment management firm, to finance its acquisition of four Boeing 737-700 aircraft leased to GOL, an airline based in Rio de Janeiro, Brazil. Each aircraft is equipped with CFM56 engines. The financing was provided by CIT Bank, the U.S. commercial bank subsidiary of CIT. Terms of the transaction was not disclosed. CIT Group Inc. (NYSE:CIT)’s stock on 31 July fell -1.25% to the closing price of $49.11. Its fifty two weeks range is $41.06 – 52.72. The total market capitalization recorded $9.117B. CIT Group Inc. (NYSE:CIT) monthly performance is 6.76%.
. IDEXX Laboratories, Inc. (NASDAQ:IDXX) will host its 2014 Analyst Day on August 7-8, 2014 at its corporate headquarters in Westbrook, Maine. A live audio webcast and accompanying slide presentations will be available at www.idexx.com. An archived webcast replay of the event will be available approximately four hours following each event at www.idexx.com and will remain available for 14 days. IDEXX Laboratories, Inc. (NASDAQ:IDXX) on Thursday closed at $124.48. Stock institutional ownership is 99.50% while insider ownership includes 0.90%. IDEXX Laboratories, Inc. (NASDAQ:IDXX) distance from 50-day simple moving average (SMA50) is -5.30%.