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CX, EMR, GY, and EME Early Briefing and Review

Tuesday, 04 June 2013 07:55 AM

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StockCall.com Provides Stock Research on CEMEX S.A.B. de C.V., Emerson Electric Co., GenCorp Inc., and EMCOR Group Inc.

 

New York City, New York -- (June 04, 2013)

A report released by the Institute for Supply Management (ISM) on Monday, June 3, 2013, showed that manufacturing activity in the U.S. contracted for the first time in six months in May. Meanwhile, the Commerce Department reported that construction spending rose less than forecasted in the month of April. The disappointing economic data highlight the fact that the U.S. economic recovery remains fragile which is not a good sign for the industrial sector. However, despite the disappointing data, all three benchmark indexes in the U.S. managed to post gains yesterday. The industrial sector was one of the best performers in the S&P 500 on Monday, major movers in the sector included CEMEX S.A.B de C.V. (ADR) (NYSE: CX), Emerson Electric Co. (NYSE: EMR), Gencorp Inc. (NYSE: GY), and Emcor Group Inc. (NYSE: EME). StockCall has released free charting and technical research on these aforementioned companies. Register to read these reports at

www.stockcall.com/report 

Shares in CEMEX S.A.B de C.V. fell sharply on Monday even as the broader market posted gains. The stock traded between $11.01 and $11.58 before finishing the day 2.09% lower at $11.26. A total of 22.69 million shares were traded which is well above the daily average volume of 13.40 million. So far this year, the company’s shares have gained over 18.60%, outperforming the S&P 500. However, despite the significant gains this year, the stock is still trading over 10.40% below its 52-week high. The stock is also trading below its 50-day moving average. Sign up for the free report on CX at

www.StockCall.com/CX060413.pdf

Emerson Electric Co.’s stock ended slightly higher yesterday, tracking gains in the broader market. The stock ended the day 0.50% higher at $57.75 after trading between $56.88 and $57.86. A total of 4.16 million shares were exchanged which is above the daily average volume of 4.02 million. The company’s shares are currently trading above their 50- and 200-day moving averages. So far this year, the stock has gained nearly 10.60%, underperforming the S&P 500. The stock is currently trading 3.88% below its 52-week high. EMR free technical report can be accessed by signing up at

www.StockCall.com/EMR060413.pdf

Shares in Gencorp Inc. slipped in its last trading session, thus extending their losses from previous sessions. The stock traded between $13.54 and $13.80 before finishing the day 0.29% lower at $13.64. It saw a volume of 934,038 shares which is above its daily average volume of 640,030. The company’s shares have fallen nearly 1.40% in the last three sessions. However, despite the losses, the stock is still trading close to its 52-week high of $13.98. So far this year, the stock has grown over 49%, outperforming the S&P 500. Free report on GY can be accessed by registering at

www.StockCall.com/GY060413.pdf

Emcor Group Inc.’s stock moved higher on Monday, extending its gains from previous sessions. The company’s shares ended the day 0.68% higher at $40.02 after trading between $39.48 and $40.59. A total of 540,162 shares were exchanged which is above the daily average volume of 314,451. In the last three sessions, the stock has gained over 1.30%. So far this year, shares of EME have grown 15.80% to trade 6.12% below their 52-week high.Register withStockCall and download the research on EME for free at

www.StockCall.com/EME060413.pdf

 

 

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William T. Knight

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