General Electric Co. (NYSE: GE) saw its stock plunge after the close of trading after its corporate credit rating was put on review for a downgrade by Moody’s. That means that its…
Douglas A. McIntyre There is a new trend that has emerged in this earnings season that will have an impact in 2009 and maybe beyond: a lack of earnings and/or revenue guidance. This unravels roughly…
According to Reuters, The National Association of Business Economics survey found that members believe that the economy has it its worst period in 27 years. Reuters reports that Pfizer (PFE) is close…
According to MINOnline, advertising pages in major monthly magazines are down 20% for issues from the first two months of this year. One of the most popular weeklies, The Economist, suffered ad…
The market has been pushing down GE (GE) expectations for weeks. It has taken the stock to a multi-year low and left investors thinking that the big conglomerate would be crippled by…
Douglas A. McIntyre Nearly everyone on Wall St. believes that GE (GE) will miss its earnings estimates and post a poor forecast for 2009. This sentiment has pushed its stock to a multi-year low and…
Douglas A. McIntyre John Rockefeller of Standard Oil, Alfred Sloan of GM (GM), and Gerald Swope of GE (GE)created the structure of the modern conglomerate. Diversification was meant to cushion economic blows. Being in five,…
According to Reuters, a House committee advanced the economic stimulus bill. Reuters reports that China’s GDP growth slowed. Reuters reports that exports from Japan dropped sharply. Reuters writes that Sony (SNE) warned…
General Electric Co. (NYSE: GE) briefly hit a new 52-week low earlier this morning. What is interesting is that there has been no support of the stock heading into Friday morning’s earnings…
Douglas A. McIntyre Once the bluest of the blue chips, General Electric (NYSE: GE) can not seem to get a break anymore. Today, analysts at UBS slapped a "Short Term Sell" on GE, saying the…
Douglas A. McIntyre This week is the launch of earnings season, and we have outlined the companies which we believe will have the largest impact on their sector or on the overall market. Johnson &…
Fox Business has been sending us PR alerts off and on for the last several business days. Usually the editors here would find them helpful. We are not allowed to watch financial…
The UAW and GM’s (GM) creditors are making the great auto company bailout a process that will funnel money into Detroit for years beyond the March 31 deadline which has been set…
According to Bloomberg, GE (GE) may layoff as many as 11,000 people at its financial unit. "General Electric Co.’s finance arm may cut 7,500 to 11,000 jobs, or at least 10 percent…
Douglas A. McIntyre According to Reuters, Citigroup (C) has begun the process of breaking itself into pieces. Reuters reports that Chrysler is in deal talks about selling assets to Renault or Magna. Reuters reports the…
