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(EMAILWIRE.COM, June 09, 2011 ) Newark, NJ – Wednesday’s Conglomerates Losers (SI, ITT, PHG) by Stockmister.com (http://www.Stockmister.com) are:
Siemen’s AG (NYSE:SI) is down -1.61 after market hours on 06/08/2011 and trading at a share price of $129.81. Even after it was announced that they might create 340 “Green Jobs”, they closed the trading day with a decline in share price. Their share price has traded at 52-week low of $85.49 and at a 52-week high of $146.74.
ITT Corporation (NYSE:ITT) finished the trading day down -1.53% and ended the day trading at a share price of $54.57 on 06/08/2011. 06/08/2011. In the past, the stock has hit a 52-week low of $42.05 and a 52-week high of $64.00. The stock has been showing some resistance in the $56.18 range and support in the $54.98. The S&P gave ITT a positive 4 STARS buy rating.
Koninklijke Philips Electronics NV (NYSE:PHG) closed the trading day down at -2.16% and is currently trading at $26.33 on 06/08/2011. They hit a new 52-week low on Wednesday when the stock hit $26.35. The shares are down 12.3% year to date as of the close of trading on Tuesday.
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