4:34pm ET
Industrials
GE’s Biggest Day of a Lifetime (GE)
General Electric Co. (NYSE: GE) may have moved more today on a percentage basis than in any single day in many investors’ lifetimes.
Douglas A. McIntyre
Companies
/Industrials
General Electric Company
$314.27
▲ $0.80 (+0.26%) today
Markets closed · 3:23pm ET
GE Coverage
Page 142 Douglas A. McIntyre 11:15pm ET
Banking, finance, and taxes
Management Forecasts And The Inevitability Of Exaggeration
The press has not learned, despite repeated experiences, that televangelists, medical researchers, elected politicians and chief executive officers are often incapable of telling the truth. That is not to say that they…
2:58pm ET
Industrials
GE Finally Opens Door To Dividend Cut (GE)
General Electric Company (NYSE:GE) has authorized its regular quarterly dividend of $0.31 per share. This will keep the dividend the same, but if you read into Jeff Immelt’s comments, it seems as…
Douglas A. McIntyre 10:09am ET
Investing
GE May Cut Dividend
GE may cut its dividend or see its Aaa rating disappear. Douglas A. McIntyre
Douglas A. McIntyre 9:14am ET
Investing
JP Morgan Said General Electric (GE) Triple-A Rating Not Sustainable And Dividend Will Likely Be Cut
JP Morgan commented on General Electric (NYSE: GE), saying the triple-A credit rating is not sustainable and the dividend will likely be cut. The firm also cut their estimates and price target…
Douglas A. McIntyre 4:06am ET
Media
Media Digest 2/6/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Democrats say that the Senate will pass the stimulus bill today. Reuters reports that Moody’s cut Toyota’s (TM) rating for the first time in 10 years. Reuters writes that…
11:16am ET
Industrials
GE’s (GE) Immelt Says Economy As Bad As Early 70s, Maybe Worse
It is worth noting when the head of the world’s largest conglomerate comments on how bad the economy. Jeff Immelt made some grim comments this morning. They speak for themselves. According to…
Douglas A. McIntyre 9:24am ET
Investing
GE’s Immelt Says Markets Priced In Rating Downgrade; Has Cash Flow To Pay Dividend
GE’s (NYSE: GE) CEO Immelt is making comments at WSJ event in New York this AM.. Immelt says a ratings downgrade wouldn’t change the way he runs the company. He also said…
Douglas A. McIntyre 5:11am ET
Investing
Despite Poor Governance In The Auto And Finance Industies, Boards Refuse To Act (AAPL)(BAC)(C)(F)(GM)(DOW)(ROH)
Much of the crisis in the banking industry has been blamed on the inaction of the boards of directors at companies including Bank of America (BAC) and Citigroup (C). Some of Citi’s…
3:53pm ET
Investing
The 52-Week Low Club (BAC)(GE)(TXT)(FITB)(HBAN)
Bank of America (BAC) Falls to $4.72 on concerns that government might take over firm. Down from 52-week high of $43.81. GE (GE) Drops to $11.19 on concerns about recession and the…
6:12am ET
Investing
Restricting GE (GE) Salaries: Regulating Compensation Of Firms That Help Build The Economy
If the government is going to force salary caps on banks, financial firms, and car companies that will get federal money, it needs to go further. The argument for limited pay at…
9:01pm ET
Industrials
How The Recession May Fix GE (GE)
The financial year of 2008 is over for GE (GE) and investors are still debating whether the company will be able to both pay its dividend and keep its "Aaa" credit rating.…
Douglas A. McIntyre 4:31pm ET
Media
A Bit Of Good News For GE (GE); NBC Gets $206 Million For Super Bowl
GE (GE) is faced with a potential downgrade of its debt from "Aaa" status and angry investors who want to know why the company insists on having a TV network and medical…
Douglas A. McIntyre 5:39am ET
Investing
Distorted Values: GE (GE) Is More Important Than Yahoo! (YHOO)
Yahoo! (YHOO) announced earnings yesterday. The company’s forecast for the current quarter was weak. Many investors wanted to hear what new CEO Carol Bartz would say. She did not say anything, at…
3:58am ET
Media
Media Digest 1/28/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, the confidence of CEOs at Davos is low as the recession and credit crisis deepen. Reuters reports that Yahoo! (YHOO) slightly beat earnings but posted a weak forecast. Reuters…