The Dogs of the Dow are often misunderstood as an investment vehicle. These are technically the 10 highest dividend-yielding stocks out of the 30 DJIA components. The formal list of the ten…
If investors had a notion that short sellers were going to stay in big financials, they were wrong. Short interest in the weakest companies in the sector dropped. Shares short in Citigroup…
According to Reuters, GM (GM) and Chrysler are close to a loan deal with the government. Reuters reports that Obama will ask for a major stimulus package focusing on infrastructure and helping…
Standard & Poor’s issued a report that is being taken a "downgrade-light" by many traders. S&P has revised its outlook on General Electric Co. (NYSE: GE) and units including GE Capital Corp.…
Douglas A. McIntyre According to Reuters, the Fed may need to use a trillion dollars to halt the economy from moving into a period of deflation. Reuters reports that OPEC will make the largest production…
General Electric Co. (NYSE: GE) has reconfirmed its December 2 earnings outlook of $0.50 to $0.52 EPS excluding charges and $0.36 to $0.42 including charges); it still sees full-year 2008 earnings of…
Douglas A. McIntyre Over the last decade or more no company has been more meticulous about its earnings forecasts than GE (GE). The conglomerate even talks freely about its prospects between its quarterly conference calls…
Douglas A. McIntyre According to Reuters, retail sales will probably drop further after the holidays. Reuters reports that the shock waves of the Madoff scandal are spreading around the financial world. Reuters writes that the…
According to Reuters, there may be another bubble in commodities prices. Reuters reports that the recession is hurting Japan’s economic sentiment and China’s industrial output. Reuters writes that Bush said the auto…
These are the top downgrades or negative calls we have seen this Wednesday morning from Wall Street analysts: American Express (AXP) Started as Sell at Banc of America; Started as Sell at…
According to Reuters, a bailout of US car companies gained support in Congress as GM (GM) and Chrysler said they needed money immediately to stay in business. Reuters reports that Merrill will…
General Electric Co. (NYSE: GE) is providing its scheduled GE Capital update. GE sees fourth quarter earnings at $0.50 to $0.52 EPS range rather than the $0.50 to $0.56 EPS range previously…
Douglas A. McIntyre According to Reuters, JP Morgan (JPM), Bank of America (BAC), and Merrill Lynch (MER) will cut a total of almost 20,000 jobs. Reuters reports that Boeing (BA) will sign a new deal…
Citigroup commented on General Electric Co. (NYSE: GE) ahead of tomorrow’s GE Capital webcast. The firm said the webcast could be a forum to lower its 2009 outlook. The analysts noted that…
Douglas A. McIntyre After the close of trading on Friday, General Electric Co. (NYSE: GE) filed an open shelf registration with the SEC which would allow it from time to time to sell securities. No…
Douglas A. McIntyre