We already noted what is happening to the General Electric Co. (NYSE: GE) dividend. The company’s plans to save $9 billion from the $0.31 dividend cut being taken down to $0.10 is…
Douglas A. McIntyre Citigroup (C) Government will take a 36% share. Drops to $1.42 from 52-week high of $27.35. AMBAC Inc (ABK) Market hates it earnings. Drop to $.56 from 52-week high of $12.37. Synta…
General Electric Co. (NYSE: GE) is finally cutting its dividend. We predicted this, and it has finally come to pass. We said that a cut in half could save $5 billion per…
Douglas A. McIntyre Everyone wants to know what the Oracle of Omaha is up to. The great Berkshire Hathaway Inc. (NYSE: BRK-A) stock has proven to be far from immune to the woes of the…
Investors have deserted GE’s stock over the last week like draft dodgers fleeing to Canada. The firm’s shares fell more than 20% over the five trading days, and now sit near a…
Deutsche Bank cut its price target on General Electric (NYSE: GE) from $17 to $12, saying it is prudent to value GE Capital at zero. The firm sees a modest breach of…
Douglas A. McIntyre Citigroup (C) Worries about bank nationalization take shares to $1.61 from 52-week high of $27.35. Bank of American (BAC) Ditto. Down to $2.53 from 52-week high of $43.50. Wells Fargo (WFC) More…
Today marks a monumental moment for the markets. The DJIA has broken through some of the major key support levels of November 2008, and now the questions are mounting over whether the…
SunPower Corporation (NASDAQ:SPWRA)is reaping the rewards today from two separate announcements. The company’s pact in California is coming to fruition, and a new 2.2 megawatt contract came from Italy. SunPower may not…
Douglas A. McIntyre GE (GE) CEO Jeff Immelt voluntarily gave up a $12 million bonus. His salary was also frozen at $3.3 million. While the announcement may play well with shareholders, the question is whether…
Douglas A. McIntyre According, to Reuters, GM (GM) and Chrysler have asked for another $22 billion. Reuters reports that the SEC has charged Alan Stamford with “massive fraud.” Reuters reports that Trump’s image is being…
It’s that time again. Warren Buffett and Berkshire Hathaway, Inc. (NYSE: BRK-A) have filed with the SEC showing what the Oracle of Omaha owns in public stocks as of the quarter or…
Dow Chemical Co. (NYSE: DOW) probably would have had a much better day if the market did not plunge at the end of the day. In university finance classes they teach you…
According to Reuters, Congress and The White House are working on the final stimulus package. Reuters reports that Wall St CEOs will defend their use of bailout money before Congress. Reuters reports…
3M Co. (NYSE: MMM) just did the opposite of what many large companies are doing in the current liquidity-crunched environment. The conglomerate just raised its dividend to $0.51 per share. We have…
