GE announced today second-quarter 2010 earnings from continuing operations (attributable to GE) of $3.3 billion, with EPS of $0.30 per share up 15% from the second quarter of 2009. Revenues were $37.4…
Douglas A. McIntyre Three weeks ago, GE (NYSE: GE) CEO Jeff Immelt made a uncharacteristic attack on China’s business policies.“I am not sure that in the end they want any of us to win, or…
Douglas A. McIntyre Reuters: The financial reform bill should pass within days. Reuters: Intel (NYSE: INTC) posted stronger than expected earnings. Reuters: Toyota Motor (NYSE: TM) blamed driver error for some problems with recalled cars.…
General Electric Co. (NYSE: GE) is touting its new initiative for smarter power usage, which is from the power grid to plug-in electric vehicles, and a home energy command center. More importantly,…
Jon C. Ogg Uranium ore prices peaked at $136/pound in July 2007 and have fallen nearly 70% since then to $41.75/pound. The drop came as new mines were developed in response to anticipated growth in…
The 24/7 Wall Street Corporate Power Rankings of the 32 most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management…
This coming week will be the launch of earnings season. After the week is up, there will have been five of the thirty DJIA stocks reporting earnings. The big earnings on deck…
Maybe the markets felt directionless for most of Friday ahead of earnings season, but the trading action of this week might make some wonder if a Double-Dip Recession is less likely. The…
Reuters: The US did not name China a currency manipulator. Reuters: Most money managers don’t believe the U.S. is in a double-dip recession — yet. Reuters: The IMF said housing and unemployment…
Second quarter earnings are set, at least for those firms on a calendar year. The period was fairly strong economically, except perhaps for June. That means that some earnings could come in…
The 24/7 Wall Street Corporate Power Rankings of the 32 most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management…
GE (NYSE: GE) CEO Jeff Immelt, speaking at a business gathering in Italy savaged China and President Obama. In an unusual move, GE said that Immelt’s comments did not reflect the views…
Reuters: Maria Cantwell (D-WA) will support the Senate financial reform bill, giving Democrats a boost. Reuters: Automakers had a setback in June, an indication that the industry is facing slow growth. Reuters: …
The 24/7 Wall Street Corporate Power Rankings of the 32 most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management…
The short interest in BP plc (NYSE: BP) rose 290% to 25.7 million shares in the period ending June 15 as traders increased their bets that the UK-based oil company will face…
