Buffett Calls For Colossal Recession
Warren Buffett has decided not pull his punches about how bad things are going to get in the US. Speaking of the economy, Reuters quotes him as saying "But the people are…
Warren Buffett has decided not pull his punches about how bad things are going to get in the US. Speaking of the economy, Reuters quotes him as saying "But the people are…
GE (GE) General malaise and concern that conglomerate structure does not work. Falls to $30.35 from 52-week high of $42.15. GM (GM) Auto industry woes get worse with high gas. Sells down…
Late word is that The Weather Channel will be sold to either GE’s (GE) NBCU unit, in partnership with Blackstone (BX), or to Time Warner (TWX). According to Reuters, "The winning bid…
GE (GE) has reaffirmed guidance and will sell off its appliance division. That has been not enough to keep sellers at bay. Shares in the conglomerate moved down to $30.52, a new…
Dick’s Sporting Goods (DKS) has weak profits. Share drop to $21.07 from 52-week high of $36.78. GE (GE) falls to $30.80 on general economic malaise. The company’s 52-week high is $42.15. Blue…
Satyam Computer Services Ltd. (NYSE: SAY) has partnered with General Electric Co. (NYSE: GE) unit GE Healthcare to support customers deploying healthcare IT solutions based on GE Centricity Enterprise software. The companies…
Part of the long-term thinking at GE (GE) has been that, as the US economy slowed, emerging markets in Asia would drive double-digit returns. GE’s international business would more than make up…
Dell Inc. (NASDAQ: DELL) has announced that Don Carty, Vice Chairman and CFO, will step down from the company. He will remain a board member, but will end his direct duties on…
General Electric Co. (NYSE: GE) has confirmed that it is reviewing strategic options for its Appliances business operations. Three possibilities were noted for the unit: a strategic partnership or joint venture; spin…
For years, GE (GE) has been considered the single best corporate proxy for the US economy. For years it led all American companies in market cap. It businesses range from entertainment to…
According to Reuters, profits fell at Barclays (BCS) due to large write-offs. Reuters writes that Carl Icahn has decide to begin a proxy fight against Yahoo! (YHOO) Reuters reports that Sony (SNE)…
It seems the calls and progress in changing the shape of General Electric Co. are just never-ending. The Wall Street Journal is reporting that General Electric Co. (NYSE: GE) is hiring Goldman…
Jeff Immelt will get to explain the recent General Electric Co. (NYSE: GE) earnings SNAFU all over again today. Frankly, all we really care about at 247WallSt.com is what lies ahead rather…
According to Reuters, RBS (RBS) plans a rights offering next week to raise capital. Reuters reports that Google (GOOG) beat Wall St. expectation. Reuters reports that NY State will investigation the auction-rate…
According to Reuters, the head of Samsung has been indicted for tax evasion. Reuters writes Ebay (EBAY) profits rose 22%, but the company was cautious about the rest of the year. Reuters…