On Monday, Shares of General Electric Company (NYSE:GE), SUBTRACT -0.10% and closed at $28.85 in the last trading session. GE stock opened its last trade at $28.90 and after floating in a range of $28.70 to $28.99. The company’s Market capitalization is $259.61 Billion with the total Outstanding Shares of 8.96 Billion. During the 52-week trading session the minimum price at which share price traded, registered at $27.10 and reached to max level of $28.99. Praxair Surface Technologies, Inc., a wholly owned partner of Praxair, Inc. (PX), and GE Aviation recently declared the formal creation of PG Technologies, LLC, a joint venture. Praxair Surface Technologies and its partner will hold the majority interest in the venture with GE Aviation and its partner holding the remainder.
PG Technologies will focus on development, support and application of specialized coatings tailored for GE Aviation’s and CFM International’s current and future engine models, counting the GE9X and LEAP engines. CFM International is a 50/50 joint venture company between GE and Safran Aircraft Engines of France.
“The formation of PG Technologies builds upon decades of partnershipbetween Praxair Surface Technologies and GE Aviation. This joint venture will take the leadership role in the next generation of coating technology applications and will invest in new coating production capacity to meet the needs of the burgeoning aviation sector,” said PG Technologies Board Member and Praxair Surface Technologies President Pierre Lüthi.
Southwestern Energy Company (NYSE:SWN), DROPPED -3.26% and closed at $12.47 in the last trading session. SWN stock opened its last trade at $12.90 and after floating in a range of $12.24 to $13.02. The company’s Market capitalization is $5.82 Billion with the total Outstanding Shares of 493.46 Million. During the 52-week trading session the minimum price at which share price traded, registered at $5.00 and reached to max level of $15.59. In conjunction with Southwestern Energy Company’s 2016 Third Quarter earnings release, you are invited to listen to its conference call that will be broadcast live over the Internet on Friday, October 21, 2016, at 10:00 a.m. EDT with Bill Way, President and Chief Executive Officer of Southwestern Energy Company.
Southwestern Energy Company (SWN) is an integrated natural gas company whose wholly-owned auxiliaries are engaged in oil and natural gas exploration and production, natural gas gathering and marketing.