GE’s (GE) numbers were OK. There was no real difference between expectations and what really happened. GE hit a 52-week low yesterday, so the company’s world does not look so good to…
With about 20 minutes to go into the close and on one ugly day, we have the DJIA down nearly 300 points, the NASDAQ down almost 40 points, and even the S&P…
Consider the stocks which hit 52-week highs in 2007 and may not be back to those levels of years. JP Morgan (JPM) hit $53.25 and now trades at just above $39. It…
According to Reuters, CNBC is reporting that Citigroup (C) could write-down $24 billion. Reuters writes that automakers face big hurdles in 2008. Reuters reports that the $200 billion Kuwait Investment Authority had…
These aren’t the only analyst calls moving stocks this morning, but these are the ones that 247WallSt.com is focusing on: Allied Waste (AW) downgraded to Neutral at JPMorgan. Camden Property (CPT) downgraded…
Fox Business Network (NWS) posted embarrassing numbers when Nielsen reported the channel had only 6,300 viewers at any given time on weekdays. For a two month period beginning October 15, rival CNBC…
At mid-year, there was a great deal of excitement about the market’s changing and positive impression of GE (GE). The shares had moved from under $34 to $42.15. The nice run was…
Douglas A. McIntyre As 2008 looks a more shaky year and one that the stock market looks like it is trying to price in a recession, there may be one victim: the share repurchase plans…
No on watches Fox Business. Perhaps a few agoraphobics and people who are unemployed. According to The New York Times, the average number of people watching Fox Business on weekdays is 6,300.…
The Blackstone (BX) and GE (GE) buy-out of mortgage and vehicle leasing company PHH fell apart. The reason given was lack of availability of financing. In truth, PHH (PHH) is in a…
2007 was one volatile year and for now it appears that will be the norm for at least the start of 2008. Everyone’s favorite market pundit or least liked pundit is obviously…
The Dogs of the Dow aren’t necessarily the worst performers of the prior year, but they pay the highest the dividend yields. We wanted to review the 10 Dogs of the Dow…
Berkshire Hathaway (BRKA) has over $43 billion in cash on its balance sheet. It could buy most US public companies without borrowing a dime. Berkshire’s chief, Warren Buffett could put his money…
Merrill Lynch (NYSE: MER) raised some $6.2 Billion today, or at least up to that amount, and that is not inclusive of the unit sale to General Electric (NYSE:GE). The breakdown is…
Douglas A. McIntyre General Electric (NYSE: GE) is acquiring most of Merrill Lynch Capital, which is the unit of Merrill Lynch (NYSE: MER) wholly-owned middle-market commercial finance business. Unfortunately the financial terms are not disclosed. …
Douglas A. McIntyre 