According to Reuters, a bill to restrict credit card charges cleared a key committee in Congress. Reuters reports that Ken Lewis of Bank of America (BAC) says his firm what urged by…
An independent wind energy developer called First Wind announced today that it has obtained $376 million in financing for its wind generation project in Milford, Utah. This is for a 203.5 MW…
General Electric Co. (NYSE: GE), Cisco Systems, Inc. (NASDAQ: CSCO) and FPL Group Inc. (NYSE: FPL) are all over the media today about an event with the Miami, Florida, mayor for energy…
As usual, the GE (GE) quarterly report was a massive compilations of numbers on its various divisions and their performance compared to last year. The only number Wall St. cared about what…
Douglas A. McIntyre General Electric Co. (NYSE: GE) is on deck for earnings Friday morning. While the whole market has been hanging on to the financial stocks, GE has been trading like a financial stock…
Douglas A. McIntyre According to Reuters, Obama vowed to overhaul the tax code. Reuters reports that GM (GM) is working on a plan to cut dealers at an accelerated pace. Reuters writes that China’s first…
We have already seen at least one major upside surprise in earnings season for the Q1-2009 period. But we have many major companies which are expected to report earnings this week that…
An organization called Ethisphere has put out a list called “2009 World’s Most Ethical Companies” There is nothing wrong with the list, but the basis on which it was put together is…
According to Reuters, GM (GM) has been told by Treasury to begin work on a bankruptcy. Reuters reports that China’s growth has started to move inland from the coast. Reuters reports that…
Short sellers were figuring that after the bank rally late last month, banks shares were likely to give back some gains. That was working until Wells Fargo (WFC) reported that it would…
GE (GE) is surging based on the assumption that results from Wells Fargo (WFC) are an indication that earnings from the conglomerate’s financial services business will be relatively strong. The stock is…
Douglas A. McIntyre A-Power Energy Generation Systems, Ltd. (NASDAQ:APWR) is a Chinese maker of distributed power generation systems and, just recently, wind turbines. The company reported fourth quarter and full-year 2008 results before the market…
Douglas A. McIntyre Depending on the source, Japan’s mythic “Lost Decade” lasted from 1989 to 2003, or sometime later if the exact bottom of the real estate market in the Asian nation is taken into…
According to Reuters, HSBC (HBC) has a successful rights offering to raise $18.9 billion. Reuters reports that a deal for IBM (IBM) to by Sun (JAVA) is near collapse. Reuters writes that…
According to Reuters, Congress passed the Obama budget Reuters reports that cautious optimism greeted plans from the G-20 summit. Reuters reports that banks are considering buying toxic assets sold by other banks.…
