General Electric Company (GE) 10.99 SP+GTM=88 rating indicates an eight-eight percent probability of reaching a target exit price of $18.59 in the short term.
. General Electric Company operates as a digital industrial company worldwide. It operates through Power, Renewable Energy, Oil & Gas, Aviation, Healthcare, Transportation, Lighting, and Capital segments. The Power segment offers technologies, solutions, and services related to energy production, including gas and steam turbines, engines, generators, and high voltage equipment; and power generation services and digital solutions. The Renewable Energy segment provides wind turbine platforms, and hardware and software; offshore wind turbines; solutions, products, and services to hydropower industry; and blades for onshore and offshore wind turbines. The Oil & Gas segment offers oilfield services, oilfield equipment, turbomachinery and process solutions, and digital solutions. The Aviation segment provides jet engines and turboprops; maintenance, component repair, and overhaul services, as well as replacement parts; and additive machines, materials, and engineering services. The Healthcare segment offers diagnostic imaging and clinical systems; products, services, and manufacturing solutions for drug discovery, the biopharmaceutical industry, and cellular and gene therapy technologies; and medical technologies, software, analytics, cloud solutions, and implementation and services. The Transportation segment provides freight and passenger locomotives, and rail and support advisory services; parts, integrated software solutions, and data analytics; software-enabled solutions; mining equipment and services; and marine diesel and stationary power diesel engines and motors, as well as overhaul, repair and upgrade, and wreck repair services. The Lighting segment offers light emitting diode products; and energy efficiency and productivity solutions. The Capital segment provides industrial and energy financial services; and commercial aircraft leasing, financing, and consulting services. General Electric Company was founded in 1892 and is headquartered in Boston, Massachusetts.
02.04.19 COTY @ $07.54 now $11.15
02.11.19 MLND @ $10.60 now $11.72
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SP+GTM is a multilevel set of rules secured by evolving data to evaluate trading or investment opportunities within specific moments in time. The statistical analysis function within database establishes a probability number value based on the likelihood that an event or circumstance will happen within the timeframe anticipated. The threshold of accuracy concluded from historical norms requires a score of 85 percent for a short-term stock trader to break even on the trade. Therefore, a score of SP+GTM=84 means the participator will probably lose money on the trade.
TEAR SHEET – News on SP+GTM selections
COTY Inc. (COTY)
February 15, 2019: COTY forms special committee to evaluate JAB tender offer (11.05 -0.03) The Company will notify stockholders of the Special Committee's formal recommendation, within ten business days of the Commencement Date by filing with the Securities and Exchange Commission a solicitation/recommendation statement on Schedule 14D-9.
February 12, 2019: COTY - JAB commences tender offer to acquire up to 150 million additional shares of COTY at $11.65/share in cash (9.66). JAB states, "It is our expectation that the members of the Board of Directors who are determined to be independent for purposes of considering our Offer, advised by independent counsel and financial advisors of their choosing, will consider our proposal in the interests of all shareholders, determine the Company's course of action in response and make a recommendation to the Company's shareholders as required by applicable law. We believe that our offer is very full and compelling, but if the independent directors do not have a similar view, we will not proceed with the Offer. "
February 8, 2019: COTY (9.06 +28.26%): Topped consensus for Q2 EPS and revs; anticipates a profit trend recovery in the 2H19 and expects positive free cash flow for FY19. Co sees a "difficult trajectory" for its Consumer Beauty division (Q2 revenues fell 15.0% year/year on a reported basis, with Younique pressured and numerous U.S. brands experiencing moderating market share losses in traditional retailers), not fully compensated for by its Luxury (revenues +7.0% year/year, seeing particularly good performances by Gucci, Marc Jacobs, and Burberry) and Professional Beauty categories (declined 4.0% year/year, impacted by supply chain disruptions), which co sees as "growing reasonably well"; and co's immediate objective is to finalize a Strategic Plan for the medium-term geared toward gross margin improvement.
COTY beats by $0.02, beats on revs (7.06) Reports Q2 (Dec) earnings of $0.24 per share, excluding non-recurring items, $0.02 better than the S&P Capital IQ Consensus of $0.22; revenues fell 4.8% year/year to $2.51 bln vs the $2.47 bln S&P Capital IQ Consensus. Outlook: "As we focus on building a healthier business model, we anticipate a profit trend recovery in the second half of FY19. We expect that FY19 constant currency adjusted operating income will be moderately below FY18. We continue to expect positive free cash flow for FY19." February 6, 2019: Rumor News - Procter and Gamble (PG 87.94 +0.48) for Coty (COTY 7.60 -0.22). COTY higher by 0.3% in early trade; Hearing Procter and Gamble (PG) for COTY M&A speculation making the rounds (7.91 +0.09)
Millendo Therapeutics (MLND)
February 21, 2019: MLND announced that Julia C. Owens, Ph.D., President and Chief Executive Officer, will present at the 8th Annual SVB Leerink Global Healthcare Conference in New York City on Thursday, February 28, 2019 at 11:30 a.m. EST. January 4, 2019: MLND initiated with a Buy at Ladenburg Thalmann; tgt $29
December 13, 2018: MLND initiated with an Outperform at Leerink Partners; tgt $24