How are the Industrial Goods Companies doing? – Weyerhaeuser Company (NYSE:WY), General Electric Company (NYSE:GE), Boeing Co. (NYSE: BA), Tri Pointe Homes Inc (NYSE:TPH), Cemex SAB de CV (NSYE:CX)

General Electric Company (NYSE:GE), a renowned name in technological innovation has recently announced an open challenge of innovation called Ecomagination. The challenge is worth about $1 million (CAD). The purpose is to speed up the process of development of technology in the oil sands of Canada. In the most recent trading session, General Electric Company (NYSE:GE) started with $26.43, increased to a maximum of $26.43 and ended at a price of $26.32. The weekly performance of the stock was -0.30%.

Weyerhaeuser Company (NYSE:WY) has announced an exchange offer relevant to combining and separating the company’s homebuilding business called Weyerhaeuser Real Estate Company (“WRECO”) with TRI Pointe Homes, Inc. (“TRI Pointe”) subsidiary. The offer’s proration factor was announced 28.55 percent of company’s common shares. However, this exchange offer expired at midnight on 2^nd July, 2014. On 7^th July, a subsidiary owned by TRI Pointe merged with WRECO. As a result of which, WRECO became TRI Pointe’s completely owned subsidiary. In the final trading session, Weyerhaeuser Company (NYSE:WY) ended at $33.10. The institutional ownership of the stock is 84.10% while the insider ownership includes 0.20%. Among its share capital the company’s outstanding shares are 585.01 million in number, of which 575.94 million have come into the market.

Emirates, an airline based in Dubai, has committed to buy 150 passenger jets, model 777X, from Boeing Co. (NYSE: BA). The total price of this purchase will be $56 billion. Emirates also gained rights to another 50 airplanes which makes the total order worth $76 billion. In the last day-trade, Boeing Company (NYSE:BA) held 8.03 million shares which is greater than its average volume equal to 3.57 million. The shares opened at $128.31 and then closed at $126.79. The maximum price attained was $128.32.

Cemex SAB de CV (NSYE:CX)’s stocks were covered by Jefferies Group according to report on Thursday. The firm rates the company’s stock “hold”. On 9^th July, the company’s stock increased by 0.30%, ending at $13.43. The 52 week range was $9.43 -$13.81. Market cap of the company is recorded at $15.96 billion. The company owns 11.88 billion outstanding shares and held a volume of 7.41 million shares in the last trading session.

Tri Pointe Homes Inc (NYSE:TPH)’s Reverse Morris Trust exchange with Weyerhaeuser Company (WY) came to a close. This transaction was the largest seen in the history of homebuilding industry. As result of this transaction, Weyerhaeuser Real Estate Company (“WRECO”) merged with Tri Pointe Homes Inc (NYSE:TPH). The latter company is now among the top ten largest homebuilders in USA. The transaction was worth $2.8 billion. The equity market cap is based on closing price of the company’s stock for 3^rd July. Tri Pointe Homes Inc (NYSE:TPH)’s stock traded at a highest price of $16.09 in the final trading session. The starting price of the stock was $16.06 and closing price was $15.77. Throughout the day, the company traded in the range of $15.73 – $16.09. The total market capitalization is $498.85 billion. The company held 6.86 million shares during the trading session which is higher than its average of 3.85 million.