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…
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 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…
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 GE may cut its dividend or see its Aaa rating disappear. Douglas A. McIntyre
Douglas A. McIntyre 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 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…