Market Currents

• Monday, December 21, 2009

• 08:00 AM GE (GE) and French aerospace group Safran win a lucrative contract to manufacture engines for China's future C919 aircraft worth an initial $5B for each company, and potentially many times that over coming decades if China succeeds in its plan to become a player in the passenger plane market dominated by Boeing (BA) and Airbus. Utec's (UTX) Pratt & Whitney and Goodrich (GR) were also in the running. Comment!

• Friday, December 11, 2009

• 15:15 PM Dow leaders: AA +7.3%. BAC +2.3%. GE +2.2%. UTX +2.1%.
  Dow laggards: INTC -1.2%. JPM -1%. CSCO -1%. HPQ -0.2%. Comment!
• 10:38 AM Dow leaders after one hour: AA +6.1%. UTX +1.8%. MCD +1.3%. HD +1.1%.
  Dow laggards: JPM -0.6%. INTC -0.6%. CSCO -0.3%. Comment!

• Thursday, December 10, 2009

• 11:00 AM Dow leaders: AA +3.3%. DIS +2.7%. MRK +1.9%. UTX +1.9%. CAT +1.6%. WMT +1.4%. HD +1.3%.
  Laggards: BAC -0.9%. JPM -0.9%. Comment!

• Wednesday, December 9, 2009

• 15:33 PM Dow leaders: MMM +3.6%. PFE +2.7%. HPQ +1.9%. MRK +1.9%.
  Dow laggards: UTX -1.4%. VZ -0.7%. BA -0.6%. GE -0.5%. T -0.5%. Comment!
• 11:00 AM Dow leaders: MMM +2.8%. PFE +2.2%. AA +1.2%. MRK +0.9%.
  Laggards: UTX -1.4%. DD -0.9%. INTC -0.9%. Comment!

• Tuesday, December 8, 2009

• 10:30 AM Dow leaders after one hour: VZ +0.1%. IBM 0%.
  Laggards: INTC -2.2%. MCD -2%. HD -1.5%. DIS -1.4%. XOM -1.4%. CVX -1.4%. UTX -1.3%. MMM -1.2%. WMT -1.2%. Comment!

• Monday, December 7, 2009

• 10:30 AM Early Dow leaders: BA +1.7%. AXP +1.6%. VZ +15%. WMT +1%. T +0.9%. UTX +0.9%. AA +0.7%.
  Laggards: BAC -0.7%. CAT -0.6%. Comment!

• Friday, November 27, 2009

• 10:13 AM No gainers in Dow components. Pacing losses: AA -2.7%. GE -2.5%. CAT -2.4%. BA -2.3%. UTX -2.1%. CSCO -2.1%. DD -2.1%. 1 Comment

• Tuesday, November 24, 2009

• 15:08 PM Dow leaders: VZ +1.9%. T +1.5%. GE +1%. JNJ +1%.
  Laggards: JPM -1.9%. HPQ -1.3%. AA -1%. BA -0.9%. DIS -0.7%. BAC -0.7%. UTX -0.7%. 1 Comment

• Thursday, November 19, 2009

• 10:30 AM Dow leaders after one hour: MRK +0.3%.
  Laggards: INTC -5.5%. AA -3.9%. GE -2.6%. DD -2.5%. CAT -2.4%. DIS -2.2%. CVX -1.9%. BA -1.8%. UTX -1.8%. CSCO -1.8%. JPM -1.7%. Comment!

• Wednesday, November 18, 2009

• 13:36 PM Dow leaders: BAC +2.5%. MRK +1.6%. PFE +0.7%. WMT +0.5%. MCD +0.5%.
  Dow laggards: BA -1.9%. HPQ -1.9%. UTX -1.4%. DIS -1.4%. Comment!

• Friday, November 13, 2009

• 15:22 PM Dow leaders: DIS +4.1%. MCD +1.9%. AXP +1.4%. UTX +1.3%.
  Dow laggards: JPM -1.9%. BAC -1.2%. GE -1%. AA -0.8%. Comment!
• 13:27 PM Dow leaders: DIS +4.2%. MCD +2.4%. UTX +1.9%. DD +1.7%. CSCO +1.6%.
  Dow laggards: JPM -0.9%. Comment!

• Thursday, November 12, 2009

• 07:02 AM GE (GE) to sell GE Security to United Technologies (UTX) for $1.82B. (PR) Comment!

• Wednesday, November 11, 2009

• 08:52 AM United Technologies (UTX) is nearing a purchase of GE's fire alarm and security systems unit for at least $1.8B, and a deal could be announced as early as Thursday, sources say. The Edwards Systems Technology, which GE bought for $1.4B from SPX Corp. (SPW) in 2005, would take United "beyond just perimeter and access security," one analyst says. Comment!