As today is the 20th anniversary of the 1987 stock market crash, 24/7 Wall St. wanted to go back in time to review how the individual DJIA components held up around the…
The news should cause some concerns or perhaps weeping among US investors who see big US companies as the pride of the global corporate fleet. PetroChina (PTR), China’s big oil company, passed…
“GE did not manage to convert growth into profitability as well as we had expected,” Nigel Coe at Deutsche Bank said to the FT. That seemed to sum up why the GE…
Douglas A. McIntyre This was a long and crazy week for stock traders, but the Bond weasels got Monday off and only had a four-day work week. Thursday was the mystery tank day when the…
General Electric (NYSE:GE) reported earnings and guidance, all of which looked in-line with expectations. The conglomerate posted $0.50 EPS & $42.5 Billion in revenues, versus $0.50 & $42.42 Billion estimates. It also…
Douglas A. McIntyre GE (GE) announced modest revenue growth, but its operating income lagged significantly GE announced Q3.revenues from continuing operations were $42.5 billion, up 12%, increasing 8% organically. Earnings from continuing operations were up…
Douglas A. McIntyre GE (GE) reported earnings in line with expectations and it is unlikely that the stock will move up or down much more than a couple of percent. Market watchers are fond of…
TheStreet.com (TSCM) hit a seven-year high today at $13.72. It is hard to point to one factor driving the stock. Jim Cramer is as popular as ever, Wall St. probably is looking…
The world’s conglomerate leader, General Electric (NYSE:GE), is set to report earnings on Friday morning early ahead of the opening bell. Just recently, the company reaffirmed its guidance for the quarter and…
Douglas A. McIntyre According to Reuters, several retailers cut holiday forecasts and the economy slows. Reuters writes that Chrysler has reached an accord with the UAW. Reuters reports that Boeing (BA) has delayed delivery of…
GE (GE) may sell its NBC Universal unit after the Beijing Olympics. So say the FT. The paper writes "The fate of the NBC Universal entertainment unit, will be decided only after…
Douglas A. McIntyre General Electric (NYSE:GE) announced a $750 million order to supply six advanced technology, Frame 9FB gas turbine-generators and associated services to EDF (Électricité de France) for the utility’s electrical power production facilities…
According to Reuters, Morgan Stanley (MS) plans to start a wealth management business in India. Reuters writes that Alan Greenspan said that US economic growth is slowing. Reuters writes that SAP (SAP)…
The hard news television and online property MSNBC, a joint venture between Microsoft (MSFT) and the NBC Universal division of GE (GE) has just bought Newsvine, according to TechCrunch. Newsvine describes its…
Below are the major changes in short interest in NYSE listed companies comparing the figures on September 28 with those on September 14. Largest Short Positions Company …
