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LOW Lowe's $83.93 0.71 (0.85%) , GE General Electric $14.52 -0.02 (-0.14%) 09:08 04/24/18 04/24 09:08 04/24/18 09:08 Hot Stocks	Lowe's, General Electric expand partnership to differentiate light bulb offering » To further enhance the… To further enhance the customer experience, Lowe's (LOW) and GE (GE) announced an expanded partnership to help customers easily find the right light bulb for their home while also saving energy and money. As a part of this expanded partnership, Lowe's will become the only nationwide home center to offer industry-leading GE light bulbs. Additionally, GE Lighting will become the only nationwide supplier to Lowe's U.S. consumer retail outlets for light bulbs, including GE's popular, proprietary light bulb line, reveal. LOW Lowe's $83.93 0.71 (0.85%) GE General Electric $14.52 -0.02 (-0.14%) 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial	25 Apr
WFC Wells Fargo $52.62 0.05 (0.10%) , GE General Electric $14.52 -0.02 (-0.14%) 07:52 04/24/18 04/24 07:52 04/24/18 07:52 Periodicals	KPMG faces shareholder protests over GE, Wells Fargo audits, FT reports » Investor advisory groups… Investor advisory groups are calling on Wells Fargo (WFC) and General Electric (GE) to end their decades-old audit relationships with KPMG over its role in auditing the troubled companies, the Financial Times reports, citing the groups. Glass Lewis and ISS have called for a vote at GE to replace that audit firm with Glass Lewis arguing shareholders should reject the firm's reappointment "in light of several ongoing concerns" including SEC investigations and the firm's "extremely long tenure" and the proxy advisory firm also called for Wells Fargo investors to vote against retaining KPMG saying, "While cognisant that an auditor is not expected to inspect every instance of potential fraud at a company, we believe that this unique case warrants additional scrutiny." Reference Link WFC Wells Fargo $52.62 0.05 (0.10%) GE General Electric $14.52 -0.02 (-0.14%) 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial	24 Apr 25 Apr 30 May

Monday
WAB Wabtec $88.73 1.19 (1.36%) , GE General Electric $14.61 0.065 (0.45%) 10:36 04/23/18 04/23 10:36 04/23/18 10:36 Hot Stocks	Wabtec rises as analyst says buy on potential GE Transportation deal » Shares of Wabtec (WAB)… Shares of Wabtec (WAB) are on the rise after Stifel analyst Michael Baudendistel upgraded the stock to Buy following a media report saying the company was in discussions to acquire GE Transportation from General Electric (GE). Also commenting on the deal, Stephens analyst Justin Long told investors the transaction could be a significant catalyst for Wabtec. POTENTIAL GE TRANSPORTATION SALE: On Friday, Bloomberg reported that General Electric was in talks to sell its century-old locomotive business to rail-equipment maker Wabtec. The transportation unit could be worth as much as $6.8B in a sale, the report noted, adding that a deal has not been reached and talks may still fall apart. GE may also pursue an initial public offering or other strategic option for the business, sources said. BUY WABTEC: In a research note to investors, Stifel's Baudendistel upgraded Wabtec to Buy from Hold, while raising his price target on the stock to $99 from $75, citing Bloomberg's report on a potential acquisition of GE Transportation. While acknowledging that a standalone IPO or an acquisition by a machinery company are also possibilities, the analyst argued that a deal would be transformative for Wabtec. Further, Baudendistel pointed out that he believes there is strategic rationale for the deal and the possibility improves his perspective on the reward-to-risk ratio for the shares. Wabtec would be buying the business at a cyclical low point, he contended. Additionally, the analyst noted that Wabtec's recent results have improved on growth in the aftermarket revenue, an area that held back 2017 results. 'SIGNIFICANT' CATALYST FOR WABTEC: Meanwhile, Stephens' Long told investors in a research of his own this morning that he is "a bit surprised" by the news given the potential size of the transaction, which he estimates to be around $8B. That said, the analyst noted he thinks it would be a "great strategic fit" primarily due to GE Transportation's services business that features technologically advanced rail-related products. Additionally, Long believes the deal could be "highly accretive" to Wabtec earnings per share, with his "best guess" putting the deal probability at over 50%. The analyst reiterated an Overweight rating on Wabtec's shares. PRICE ACTION: In morning trading, shares of Wabtec have gained almost 2% to $88.98, while General Electric's stock has advanced about 1% to $14.62. WAB Wabtec $88.73 1.19 (1.36%) GE General Electric $14.61 0.065 (0.45%) 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial	24 Apr 25 Apr 15 May 12 Jun
GE General Electric 09:20 04/23/18 04/23 09:20 04/23/18 09:20 Recommendations	General Electric analyst commentary at William Blair » Owning GE shares likely… Owning GE shares likely to be 'very rewarding,' says William Blair. William Blair analyst Nicholas Heymann believes General Electric's Q1 results on Friday "materially reduced" investor fears about the adequacy of the company's liquidity and the sustainability of its current 48c annual dividend. This was reinforced by much lower free cash flow use versus a year ago, larger than expected structural cost reductions, great clarity on additional asset dispositions, better than anticipated sales and adjusted earnings, and clarity around the adequacy of GE Capital's liquidity, Heymann tells investors in a post-earnings research note. He believes GE's 3.3% yield is now increasingly viewed as a compelling reason to own stock. While GE's challenges are "far from fully resolved," the risk of further downside due to liquidity constraints that might require equity sales or an additional reduction in the dividend appears to no longer represent a "material risk" to the stock, Heymann argues. He believes owning GE is likely to be "very rewarding" for investors. Heymann keeps an Outperform rating on General Electric. After rallying Friday, the shares are up another 13c to $14.67 in premarket trading 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial	25 Apr
GE General Electric $14.54 0.55 (3.93%) , AAPL Apple $165.71 -7.08 (-4.10%) … 08:55 04/23/18 04/23 08:55 04/23/18 08:55 Options	Notable open interest changes for April 23rd » Friday's total… Friday's total option volume of 23.2 million contracts resulted in net open interest growth of 3.57 million calls and 3.68 million puts. General Electric (GE), Apple (AAPL), AMD (AMD) and Bank of America (BAC) saw the greatest growth. Top five new positions opened include 40k Blackstone (BX) Jan-20 40 calls, 31k General Electric (GE) May-18 15 calls, 26k Ericsson (ERIC) Jul-18 7 calls, 25k Transocean (RIG) Jan-19 10 puts and 25k KKR (KKR) Jan-20 25 calls. GE General Electric $14.54 0.55 (3.93%) AAPL Apple $165.71 -7.08 (-4.10%) AMD AMD $9.99 -0.13 (-1.28%) BAC Bank of America $30.26 0.06 (0.20%) 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial	25 Apr 25 Apr 25 Apr 01 May

WAB Wabtec $87.54 3.8 (4.54%) , GE General Electric $14.54 0.55 (3.93%) 07:35 04/23/18 04/23 07:35 04/23/18 07:35 Upgrade	Wabtec, General Electric rating change » Wabtec upgraded to Buy on… Wabtec upgraded to Buy on potential for transfomative GE deal at Stifel. As previously reported, Stifel analyst Michael Baudendistel upgraded Wabtec (WAB) to Buy from Hold after Bloomberg reported that the company was in discussions to acquire GE Transportation from General Electric (GE). While he said he does "not profess to know which strategic alternative for GE Transportation will come to fruition," he believes there is strategic rationale for a deal with Wabtec and that possibility improves his view on the stock's risk/reward balance, Baudendistel tells investors. Wabtec would be buying GE's business at a cyclical low point, and he believes they understand that better than most other potential acquirers, added the analyst, who raised his price target on Wabtec shares to $99 from $75, noting that this revised target includes a premium for the possible acquisition. WAB Wabtec $87.54 3.8 (4.54%) GE General Electric $14.54 0.55 (3.93%) 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial	24 Apr 25 Apr 15 May 12 Jun
GE General Electric $14.54 0.55 (3.93%) , BX Blackstone $32.24 0.13 (0.40%) … 07:35 04/23/18 04/23 07:35 04/23/18 07:35 Options	Unusual call flow in option market yesterday » Notable call activity was… Notable call activity was cited Friday in General Electric (GE), Blackstone (BX), Western Digital (WDC), Devon Energy (DVN), KKR (KKR), Tractor Supply (TSCO), Burlington Stores (BURL), and Ericsson (ERIC). GE General Electric $14.54 0.55 (3.93%) BX Blackstone $32.24 0.13 (0.40%) WDC Western Digital $89.56 0.06 (0.07%) DVN Devon Energy $35.39 -0.28 (-0.78%) KKR KKR $21.43 0.27 (1.28%) TSCO Tractor Supply $60.31 0.44 (0.73%) BURL Burlington Stores $133.20 -2.98 (-2.19%) ERIC Ericsson $7.78 1.135 (17.09%) 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial	25 Apr 26 Apr 02 May 22 May
WAB Wabtec $87.54 3.8 (4.54%) , GE General Electric $14.54 0.55 (3.93%) 07:23 04/23/18 04/23 07:23 04/23/18 07:23 Recommendations	Wabtec, General Electric analyst commentary at Stephens » GE Transportation deal… GE Transportation deal could be significant catalyst for Wabtec, says Stephens. Stephens analyst Justin Long said it's hard to peg the probability that Wabtec (WAB) acquires GE's (GE) Transportation unit, as Bloomberg reported that the two are discussing, but given Bloomberg being a reliable source and the potential for meaningful strategic and financial benefits from such a deal, his "best guess" would put the probability over 50%, he tells investors. He maintains an Overweight rating on Wabtec, adding that his estimates and $89 price target are under review given the deal potential. WAB Wabtec $87.54 3.8 (4.54%) GE General Electric $14.54 0.55 (3.93%) 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial	24 Apr 25 Apr 15 May 12 Jun

Friday
LUV Southwest $54.76 -0.02 (-0.04%) , GE General Electric $14.54 0.55 (3.93%) … 16:31 04/20/18 04/20 16:31 04/20/18 16:31 Periodicals	FAA to prepare emergency inspection order for jet engines, Bloomberg says » The Federation Aviation… The Federation Aviation Administration is planning to require emergency inspections of one of the most popular jet engines globally as a results of the fatal accident that occurred this week on a Southwest Airlines (LUV) flight, Bloomberg reports. The FAA is prepared to issue an emergency airworthiness directive as soon as Friday calling for ramped up inspections of the CFM56-7B, made by CFM International, a JV between GE (GE) and Safran, the report says, citing a person familiar with the agency's plans. Other companies in the space include American Airlines (AAL), Alaska Air (ALK), Boeing (BA), Delta (DAL), United Continental (UAL), and JetBlue (JBLU). Reference Link LUV Southwest $54.76 -0.02 (-0.04%) GE General Electric $14.54 0.55 (3.93%) AAL American Airlines $46.77 -0.11 (-0.23%) ALK Alaska Air $65.39 -0.165 (-0.25%) BA Boeing $338.68 -1.875 (-0.55%) DAL Delta Air Lines $55.40 0.34 (0.62%) UAL United Continental $71.73 1.48 (2.11%) JBLU JetBlue $19.87 0.21 (1.07%) 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial	20 Apr 23 Apr 24 Apr 25 Apr 25 Apr 26 Apr 10 May 29 May 30 May 26 Jun 29 Jun
HON Honeywell $150.52 2.165 (1.46%) , GE General Electric $14.54 0.55 (3.93%) … 16:15 04/20/18 04/20 16:15 04/20/18 16:15 General news	On The Fly: Top stock stories for Friday » Stocks opened little… Stocks opened little changed as the averages were helped by earnings from two industrial heavyweights, Honeywell (HON), and General Electric (GE). The selling picked up shortly after the open as comments regarding weakening iPhone sales and lower smartphone demand weighed on shares of Apple (AAPL). The stock has been under pressure lately and moved another leg lower with a 4% drop, putting it in negative territory for 2018. The stock put pressure on the Nasdaq and on the entire technology sector with its ripple effect. ECONOMIC EVENTS: In energy news, Baker Hughes reported that the U.S. rig count is up 5 rigs from last week to 1,013. COMPANY NEWS: Wells Fargo (WFC) shares rose 2% after the banking giant entered into consent orders with the Office of the Comptroller of the Currency and Consumer Financial Protection Bureau that address matters pertaining to its compliance risk management program and issues regarding certain interest rate-lock extensions on home mortgages and collateral protection insurance placed on certain auto loans. The orders require the bank to pay $1B in total civil money penalties. As a result, Wells Fargo said it will adjust its Q1 preliminary financial results by an additional accrual of $800M, or 16c per diluted common share... On the earnings front, shares of General Electric rose 3.9% after the conglomerate reported better than expected quarterly results and reaffirmed its fiscal 2018 guidance. In addition, Reuters reported that GE is exploring merging its transportation unit with Wabtec (WAB). Wabtec shares surged 4.5% after the news... After Allergan (AGN) said yesterday that it does not intend to make an offer for Shire (SHPG), Takeda (TKPYY) raised its acquisition offer for Shire to GBP47 per share, a 7% increase from the original proposal of GBP44 per share... Shares of Mattel (MAT) were 3.6% lower after chief executive officer Margo Georgiadis decided to step down from her executive and board roles after just over a year at the company... Meanwhile, Apple shares fell 4.1%, adding to yesterday's losses after chip supplier Taiwan Semiconductor's (TSM) narrow earnings miss and weak guidance. In addition, Morgan Stanley analyst Katy Huberty said she expects the company to report in-line March quarter results but also cut her June quarter iPhone shipment estimate to 34M from 40.5M. MAJOR MOVERS: Among the noteworthy gainers was Pinnacle Foods (PF), which rose 9.75% after Jana Partners disclosed a 9.1% stake in the company, saying it believes the shares are undervalued and represent an "attractive" investment opportunity. Also higher were Limelight Networks (LLNW) and TransUnion (TRU), which gained a respective 21.7% and 10.4% after reporting quarterly results. Among the notable losers was Church & Dwight (CHD), which slipped 5.9% after Deutsche Bank downgraded the stock to Hold from Buy. Also lower after reporting quarterly results were Clearwater Paper (CLW) and Skechers (SKX), which fell 33.6% and 27%, respectively. INDEXES: The Dow fell 201.95, or 0.82%, to 24,462.94, the Nasdaq lost 91.93, or 1.27%, to 7,146.13, and the S&P 500 declined 22.89, or 0.85%, to 2,670.24. HON Honeywell $150.52 2.165 (1.46%) GE General Electric $14.54 0.55 (3.93%) AAPL Apple $165.71 -7.08 (-4.10%) WFC Wells Fargo $52.57 1.02 (1.98%) AGN Allergan $158.48 -0.11 (-0.07%) WAB Wabtec $87.54 3.8 (4.54%) SHPG Shire $164.43 3.63 (2.26%) TKPYY Takeda Pharmaceutical MAT Mattel $12.95 -0.49 (-3.65%) TSM TSMC $38.96 -0.57 (-1.44%) PF Pinnacle Foods $60.58 5.38 (9.75%) LLNW Limelight Networks $4.99 0.89 (21.71%) TRU TransUnion $66.84 6.33 (10.46%) CHD Church & Dwight $45.90 -2.82 (-5.79%) CLW Clearwater Paper $26.90 -13.55 (-33.50%) SKX Skechers $30.70 -11.3903 (-27.06%) 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial	20 Apr 20 Apr 20 Apr 24 Apr 24 Apr 24 Apr 25 Apr 26 Apr 27 Apr 30 Apr 01 May 03 May 03 May 03 May 08 May 15 May 23 May 30 May 12 Jun 25 Jun 21 Dec

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