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…
Douglas A. McIntyre 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…
Douglas A. McIntyre 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…
Douglas A. McIntyre 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…
Douglas A. McIntyre 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…
According to Reuters, US senator Charles Schumer has asked the SEC to look at conflicts of interest at bond rating firms. Reuters writes that Washington Mutual (WM) are in favor of the…
After rafts of bad news from every corner of the business arena starting with GE (NYSE: GE) and spreading to Washington Mutual (NYSE: WM) and Wachovia (NYSE: WB), a hard luck report…
A look at the Washington Mutual (NYSE: WM) and Wachovia (NYSE: WB) deals to raise more capital indicates that other banks and brokerages are looking at below-market deals if their Q1 numbers…
This morning, Goldman Sachs has made a key call to its industrials sector. It is adding Lockheed Martin (NYSE: LMT) to its Industrials Favorite Value List. Goldman Sachs notes the nature of…
These are not the only analyst calls being seen this Monday in pre-market hours, but these are the top calls that 247WallSt.com is focusing on so far this morning: ABB (NYSE: ABB)…
Wachovia (NYSE: WB) will raise between $6 billion and $7 billion. Will the money come in at $28 where the bank trades now? That is already down by half from the 52-week…