According to Reuters, Obama said that the recession would be halted by government efforts. Reuters reports that Treasury wants broad new powers to wind down troubled non-bank financial firms. Reuters reports that…
Standard & Poor’s Ratings Services is putting Mr. Buffett on Watch. Berkshire Hathaway Inc. (NYSE: BRK-A) has had its ratings outlook revised to “Negative” from “Stable” along with Berkshire Hathaway Finance Corp.,…
Deutsche Bank provided some updated thoughts on General Electric (NYSE: GE) following last week’s GE Capital investor day. The firm said their central assumption is that GE Capital losses can be funded…
Douglas A. McIntyre According to Reuters, a number of AIG (AIG) employees gave back their bonuses. Reuters reports that economist Martin Feldstein said the recession may last well into 2010 and the government may have…
It looks like Jim Cramer is doing a new feature list of companies this week that may actually grow their dividends or that have boosted dividends. On tonight’s MAD MONEY on CNBC,…
Moody’s Investor Services has decided to join in on the downgrade of General Electric Co. (NYSE: GE). This downgrade takes the unsecured debt ratings of GE itself and General Electric Capital Corp…
Douglas A. McIntyre American management began to do what it could to make office environments more pleasant sometime after the bad economic patch in 2001 and 2002. At some companies such as Wal-Mart (WMT) workers…
According to Reuters, the House passed a bill that would tax AIG’s (AIG) and some other bonuses by 90%. Reuters reports that the US gave auto suppliers a $5 billion lifeline. Reuters…
By Melly Alazraki of DailyFinance General Electric Co. (GE) is going to host a five-hour “deep dive” conference on Thursday in which it will attempt to convince investors that its wobbling GE…
Douglas A. McIntyre Standard & Poor’s has just downgraded conglomerate 3M Company’s (NYSE: MMM) corporate credit and senior unsecured ratings to “AA-” from “AA.” It affirmed the “A-1+” short-term credit rating and the new outlook…
The market rise of the last two weeks has been described as a “sucker” or a bear market rally. One means about the same as the other. The premise is that the…
According to Reuters, AIG (AIG) will have to pay taxpayers back for bonuses it paid out before it can get its next $30 billion in loans. Reuters reports that Coke (KO) is…
Now that final numbers from 2008 have been filed for most large US companies, 24/7 Wall St. is picking several stocks that are likely to double off of their lows, almost all…
UBS removed its short-term sell rating on General Electric (NYSE: GE). The firm is maintaining its Neutral rating. Shares of GE rocketed 36% higher last week as it recovers from its absolute…
Douglas A. McIntyre It is an interesting theory, but it may not be plausible. Some analysts think that GE (GE) will use a downgrade of its debt by S&P as cover for reducing forecasts for…
Douglas A. McIntyre