Deutsche Bank is commenting on GE (NYSE: GE) today following the free-fall in the stock. The firm said they are inclined to be much more positive since GE’s industrial businesses are clearly…
Douglas A. McIntyre There are a couple issues around the defense of General Electric Co. (NYSE: GE) this morning. An analyst note is defending the stock, and CFO Keith Sherin gave an interview early this…
Douglas A. McIntyre According to Reuters, Ford (F) will launch a major financial restructuring. Reuters reports that the US is launching a $75 billion plan to help troubled holders of US mortgages. Reuters reports that…
GE (GE) Panic selling over concerns about balance sheet of financial division. Drops to $5.73 from 52-week high of $38.52. Citigroup (C) Worries about nationalization persist. Down to $1.11 from 52-week high…
A very large number of people must think they know something about GE (GE) that is not public. Rumors about the company’s financial unit balance sheet have been hurting the stock for…
Douglas A. McIntyre Using the US government’s count, about 2.4 million people lost their jobs in America last year. That does not include people who have been jobless for an extended period and are no…
According to Reuters, Obama spoke about the economy with optimism as his aides defended the budget. Reuters reports that a Senate panel will question Swiss banking’s secrecy policy. Reuters reports that foreclosures…
GE (GE) Growing concern that financial division will have heavy write-offs. Drops to $6.85 from a 52-week high of $38.52. MetLife (MET) One of many insurance companies being pulled down by AIG (AIG).…
Back in mid-February we discussed the latest trend of big-name companies slashing their dividends and how the trend will likely grow. Well it is growing, and fast. In this horrible market, dividends…
Fotowatio, a Spanish firm owned by a consortium including General Electric Company (NYSE:GE), has purchased several solar farms from US firm MMA Renewable Ventures, a unit of Municipal Mortgage & Equity LLC,…
Douglas A. McIntyre According to Reuters, too much dependence on government aid could cause a second recession when the companies are forced to stand on their own. Reuters reports that Obama is considering funds to…
Citigroup (C) Still fears of nationalization or a larger bailout. Falls to $1.15. from a 52-week high of $27.35. GE (GE) Market not comforted that GE’s financial services are is not in…
General Electric Co. (NYSE: GE) insiders are buying shares of their battered company stock. Two Form-4s filed with the SEC show that CEO Jeff Immelt and Vice Chairman Michael Neal each bought…
Douglas A. McIntyre Clearly feeling the need to debase themselves further after their role in the subprime mortgage mess, the two major credit agencies are signaling that they will hold their ratings on AIG (AIG) …
On reading Warren Buffett’s much-anticipated letter to Berkshire Hathaway’s shareholders, one can’t avoid being struck by his faith in the ability of the American people to overcome adversity and to move the…
