SubscribeAll Posts Tagged With: "General Electric (GE)"
Weekend Market Update: General Electric (GE), Apple (AAPL), Sirius XM (SIRI), Verizon Communications (VZ)
President Barack Obama in an interview recently stated that all signs point to the U.S. economy beginning to grow again but there may not be enough new jobs created until next year. "I want to be clear, that probably the jobs picture is not going to improve considerably… and it could even get a little bit worse… over the next couple of months," he said in an interview taped with CNN’s "State of the Union." "And we’re probably not going to start seeing enough job creation to deal with the… a rising population… until sometime next year," Obama said, adding…
20Sep2009 | Jutia Group | 0 comments | ContinuedMarket Updates: American International Group (AIG), Costco (COST), Kraft Foods (KFT), General Electric (GE)
The World Economic Forum says that the United States is no longer the world’s most competitive economy. Switzerland has taken that role. The culprits for the weaker US position are its weakened financial markets and what the organization calls worsening macroeconomic stability, according to 24/7 Wall St.
Credit Suisse downgraded American International Group (NYSE: AIG) to underperform from neutral and slashed its price target to $15 from $30, saying there could be little value left for common equity holders after AIG has sold off its core businesses.
Costco Wholesale Corp. (NASDAQ: COST) was upgraded to overweight from equal weight by Morgan Stanley, which said food…
8Sep2009 | Jutia Group | 0 comments | ContinuedMarket Update: Ford Motor (F), Toyota Motor (TM), General Electric (GE), Kraft Foods (KFT)
Ford’s Focus is Top “Cash for Clunkers” Replacement; Personal Incomes and Savings Fall While Spending Increases; Pending Home Sales Rise Again; GE Pays $50 Million in SEC Settlement; Housing Data, Tech Help Markets Rise; Electronic Arts Tops Wall Street Estimates; Homemade Meals Boost Kraft’s Profit
- Ford Motor Co.’s (NYSE: F) Focus is the top-selling vehicle so far in the U.S. government’s Car Allowance Rebate System (CARS), also known as “cash for clunkers.” The remaining four in the top five best-selling cars in the program were from foreign automakers: Toyota Motor Corp.’s (NYSE ADR: TM) Corolla was second, followed by Honda Motor Co.…
Could Turnaround Plans Boost GE’s Stock?
Is General Electric Co. (NYSE: GE) poised to be the next U.S. player scuttled by the worldwide credit crisis?
Or is the onetime-bellwether conglomerate on track for a major corporate turnaround – the kind of rebound that will restore the company’s global muscle while providing investors with a shot at double- or even triple-digit gains?
With a bold move it made yesterday (Tuesday), the Fairfield, CT-based GE is doing all it can to make that second scenario come true.
Since the global credit crisis, Wall Street gloom-and-doomers have continually predicted that GE’s financial-markets exposure – courtesy of its massive GE Capital Corp. financing…
30Jul2009 | Money Morning | 1 comment | ContinuedMarket Updates: General Dynamics (GD), Sprint Nextel (S), American Express (AXP), General Electric (GE)
Fed: Recession Slowing; General Dynamics Earnings Take Off; Sprint Revenue Tumbles 10%; American Express Sheds TARP Albatross; Congressman: Manufacturers Should Keep Finance Divisions; CIT Investments Drag Aflac Profit Down; Cost-Cutting and Tight Credit Boost Visa Bottom Line; Oil Futures Down on Higher Inventory
- In another sign that the recession may be getting closer to the end, most of the Federal Reserve’s 12 regional banks saw a slowdown of the economic decline in their regions throughout June and July, according to its Beige Book business survey. “Economic activity continued to be weak,” the Fed said yesterday (Wednesday). However, San Francisco, the district…
Market Update: Wells Fargo (WFC), Bank of America (BAC), General Electric (GE), Dell (DELL) and more
GM May Salvage Pontiac Car; CIT Void to Be Filled, More Expensive; Dell Expects Higher Q2 Revenue; U.S., UBS Lawsuit Delayed for Possible Settlement; U.S. Deficit Grows; Russian Investor Boosts Stake in Facebook; Microsoft Office Goes Online
- General Motors Co. (OTC: GMGMQ) is “actively” looking to salvage the relatively new Pontiac G8 from the discontinued Pontiac brand – renaming it as the “Caprice†– to provide a large performance sedan to the Chevrolet division, which will soon account for 75% of GM’s U.S. auto sales, company Vice Chairman Bob Lutz told The Wall Street Journal. In an e-mail to the newspaper, Lutz…
Need An Income Investment? Keep Dumping General Electric (GE) and Buy This Stock Instead
Back in January, I advised you to dump everyone’s sweetheart dividend stock, General Electric (NYSE: GE) in favor of TEPPCO Partners (NYSE: TPP).
Many balked at the idea. But the results don’t lie…
Year-to-date, General Electric is the worst-performing stock in the Dow, down 22.3%. Meanwhile, TEPPCO is up 69%, including dividends.
(If any of you took me up on my income investment recommendation, e-mail us and let us know how you did at comments@investmentu.com.)
Of course, part of the move higher for TEPPCO can be attributed to news that Enterprise Products Partners (NYSE: EPD) is buying the company, as I predicted.
For those of you that purchased the…
2Jul2009 | Investment U | 0 comments | ContinuedMarket Update: Microsoft (MSFT), Google (GOOG), Yahoo (YHOO), General Electric (GE)
Microsoft’s Bing Off to Strong Start; U.S. Natural Gas Reserves Higher Than Once Thought; Carnival Cruise Lines Beats the Street; Treasuries Fall Again; GE Capital May Come Under Fed Scrutiny; Mexico’s Tourism Plummets on Swine Flu Scare; Discover Profits Down
- Microsoft Corp.’s (Nasdaq: MSFT) Bing search engine has gained market share from rivals Google Inc. (Nasdaq: GOOG) and Yahoo! Inc. (Nasdaq: YHOO) just weeks after its launch. The Redmond, Wash.-based software giant grabbed 12.1% of total U.S. Internet searches for the workweek of June 8-12, according to market research firm comScore, Inc. (Nasdaq: SCOR). That was up from the previous week’s share of 11.5%…
Market Updates: Bank of America (BAC), JPMorgan Chase (JPM), General Electric (GE)
Consumer Prices Increase Less Than Expected; Ten Banks Repay TARP Debt; Bankrupt Eddie Bauer Attempts Sale; Berkshire Hathaway Options Begin Trading; FedEx Losses Mount; Saab Cuts Debt; Gas Prices Keep Going, Going, Up; Boeing Gets First Air Show Order; China Will Invest Sovereign Wealth in Hedge Funds; Analyst: S&P 500 Will Hit New Highs By 2012; Bond Yields Drop; Mortgage Apps Plunge
- Inflation fears were quelled at least temporarily as U.S. consumer prices were raised only slightly last month, and actually experienced their biggest drop in almost 60 years. Higher gas prices contributed to the 0.1% increase in the Labor Department’s…
Market Update: General Electric (GE), Apple (AAPL), Yahoo (YHOO), Freddie Mac (FRE), Palm (PALM)
Survey: Americans Still View Manufacturing as Backbone of Economy; Mortgage Rates Highest Since November; Initial Jobless Claims Drop; Highest Treasury Yields in Two Years Draws Investors; Palm CEO Swap Sends Stock Soaring; Yahoo Hires New CFO
- An index released yesterday indicates that Americans continue to view manufacturing as the most important industry for a strong national economy, even though not many consider it their number one career choice. The survey, conducted by Deloitte & Touche LLP and The Manufacturing Institute, shows that 71% of respondents view manufacturing as a national priority, and 81% say it has a significant impact on their standard…
Loading ...
