Finance

Industrial Goods Active Stocks: General Electric Company (NYSE:GE), Hovnanian Enterprises (NYSE:HOV), Caterpillar (NYSE:CAT), Constellium (NYSE:CSTM)

General Electric Company (NYSE:GE) has taken advantage of continued low rates with a $3B bond sale comprising $2.25B of 30-year notes and $750M in 10-year paper. General Electric Company (NYSE:GE) stock performance was 1.12% in last session and finished the day at $26.22. Traded volume was 34,902,956 million shares in the last session and the average volume of the stock remained 38.35 million shares. The beta of the stock remained 1.64. General Electric Company (NYSE:GE) insider ownership is 0.04%.

Hovnanian Enterprises (NYSE:HOV) posted its quarterly earnings results on Wednesday. The company reported ($0.17) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.04) by $0.13, American Banking & Market News reports. Hovnanian Enterprises, Inc. (NYSE:HOV) dropped -4.04 percent to $5.22 yesterday on volume of 9.87 million shares. The intra-day range of the stock was $5.20 to $5.46. Hovnanian Enterprises, Inc. (NYSE:HOV) has a market capitalization of $729.26 million.

Caterpillar Inc (NYSE:CAT) was downgraded by investment analysts at Standpoint Research from a “buy” rating to a “hold” rating in a note issued to investors on Tuesday, Analyst RN reports. Caterpillar Inc. (NYSE:CAT)’s stock on Mar 6, 2014 reported an increase of 1.28% to the closing price of $97.60. Its fifty two weeks range is $79.49 -$98.24. The total market capitalization recorded $62.25 billion. The overall volume in the last trading session was 6,714,302 million shares. In its share capital, Caterpillar Inc. (NYSE:CAT) has 638.00 million outstanding shares.

Constellium N.V. (NYSE:CSTM) announced today that an affiliate of Apollo Global Management, LLC (NYSE:APO) (the “selling shareholder”) has agreed to sell 12,561,475 Class A Ordinary Shares of the Company in an underwritten offering. The Company will not sell any shares in the offering and will not receive any proceeds from the offering. Goldman, Sachs & Co. will act as underwriter for the offering. On Thursday, shares of Constellium NV (NYSE:CSTM) advanced 3.68% to close the day at $3.68 Company return on investment (ROI) is 196.20% and its monthly performance is recorded as 15.96%. Constellium NV (NYSE:CSTM) quarterly revenue growth is 31.43%.