General Electric Company’s (NYSE: GE) financial arm, GE Capital today announced that it is extending Golfsmith’s (NASDAQ: GOLF) $90 million asset-based revolving credit facility for another four years.

GE reports its second-quarter financial results on July 16. The company posted second-quarter earnings from continuing operations of $3.3 billion. The company’s second-quarter revenue came in at $37.4 billion, down 4% from the same period in 2009.

Since reporting the second-quarter financial results, the GE stock is down 1.57%. In the same period, the Dow Jones is down 0.97%. Year-to-date, the stock is down 0.79%. In the same period, the Dow Jones fell 1.62%. The GE stock has a 52-week range of $13.03-$19.70 and is currently trading below its 50-day and 200-day moving averages.

3M Company (NYSE: MMM) announced on Tuesday that it entered into a definitive merger agreement to acquire Attenti Holdings S.A. for $230 million in cash. The company expects the acquisition to be slightly dilutive to earnings in the first 12 months following the completion of the transaction.

Commenting on the deal, Rory Yanchek, General Manager of 3M Track and Trace Solutions said that the acquisition will position the company’s track and trace business as a leader in the high growth electronic offender monitoring market.

The 3M stock has a 52-week range of $67.98-$90.52. The stock is currently trading below its 50-day and 200-day moving averages, which is a bearish signal. The stock has a support level at $80.85 and a resistance level at $80.85. Year-to-date, the 3M stock is down 2.26%, underperforming the broader market.

Siemens AG (ADR) (NYSE: SI) reported its third-quarter financial results on July 29. The company reported third-quarter revenue of €19.170 billion. The company reported that its Total Sectors profit increased 40% on a year-over-year basis to €2.331 billion. The company’s third-quarter income from continuing operations was €1.441 billion, up 18% from the same period in the previous year.

ADRs of Siemens AG have a 52-week range of $82.57-$104.14 The ADRs are currently trading below their 50-day and above their 200-day moving average. The ADRs have a support level at $89.44 and a resistance level at $91.57.

Year-to-date, the ADRs are up 3.14%, outperforming the broader market. Since reporting the third-quarter financial results, the ADRs are down 4.92%. In the same period, the Dow Jones is down 2.29% and the S&P 500 is down 2.50%.

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