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(EMAILWIRE.COM, June 10, 2011 ) Newark, NJ -- ThursdayÂ’s Conglomerates Gainers (FSS, FO, SI) by Stockmister.com (http://www.Stockmister.com) are:
Federal Signal Corporation (NYSE:FSS) is up 2.25% and trading at a share price of $5.90 as of 11:31AM EDT on 06/09/2011. They just because the ninth member of the RFID Consortium and will participate in the ConsortiumÂ’s joint licensing program for patents essential to the UHF RFID standard as both a licensor and a portfolio licensee. Their share price has traded at a 52-week low of $4.91 and at a 52-week high $7.79.
Fortune Brands, Inc. (NYSE:FO) is is up 1.72% and trading at a share price of $63.82 as of 11:36AM EDT on 06/09/2011. Bill Ackman of Pershing Square Capital has added 3% to his stake in Fortune Brands Inc. He has owned 11% since the second half of 2010, and has been able to get the conglomerate to spin off two of its disparate units in an effort to unlock shareholder value. Their share price has traded at a 52-week low of $37.05 and at a 52-week high of $65.48.
SiemenÂ’s AG (NYSE:SI) is up 1.86% and trading at a share price of $132.23 as of 11:26AM EDT on 06/09/2011. The company announced that it might be put at a disadvantage after proposed new U.S. rules aimed at reducing risk in financial systems were implemented. They asked U.S. regulators to broaden the exceptions to the rules so that they would also cover large companies with multiple affiliates. Their share price has traded at a 52-week low of $87.38 and at a 52-week high of $146.74.
Newark, NJ – Thursday’s Conglomerates Losers (PHG) by Stockmister.com (http://www.Stockmister.com) are:
Koninklijke Philips Electronics (NYSE:PHG) is down -0.57% and trading at a share price of $26.18 as of 11:45AM EDT on 06/09/2011. On 06/08/2011, their share price reached a new 52-week low. Their P/E ratio of 13 is currently below the industry average of 13.9. Their share price has traded at a 52-week low of $25.85 and at a 52-week high of $34.27.
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