In Barron’s semi-annual Big Money Poll, institutional investors are asked about their two favorite stocks and also which shares are most overvalued. For the latest poll, 112 money managers responded. On the…
This is the crus of the news regarding Global Warming and the public companies that made announcements over the last 36 hours: FPL Group (NYSE:FPL) chairman called the Climate Bill "Well intentioned…
The new CEO of Siemens (SI) wants margins more like those at GE (GE), which is in many of the same businesses. Oddly enough, over the last year, Siemens shares are up…
Douglas A. McIntyre According to Reuters, Toyota (TM) and GM (GM) gained sales in October despite a weak US car market. Reuters writes that News Corp’s (NWS) MySpace joined the new Google (GOOG) association of…
Between taking pot shots at Apple’s (AAPL) pricing model, NBC Universal CEO Jeff Zucker said that his unit of GE (GE) is not for sale. Period. Under any circumstances. Referring to what…
GE (GE) management has a theory. With its business growing at 15% to 20% in large countries like China and India, a slowdown in the US economy may barely dent its overall…
Douglas A. McIntyre According to Reuters, Oracle (ORCL) has withdrawn its bid for BEA Systems (BEAS). Reuters writes that profits at Toahiba rose 38%. Reuters reports that Chrysler workers have approved the UAW contract with…
If a CEO is out buying stock in his company, it usually gets noticed. When it is General Electric (NYSE:GE) and when it is open market share purchases it should get even…
Douglas A. McIntyre Following is the short interest in stocks of major companies traded on the NYSE. Figures are as of October 15 and compare to numbers on September 28, 2007. Most of the large…
As today is the 20th anniversary of the 1987 stock market crash, 24/7 Wall St. wanted to go back in time to review how the individual DJIA components held up around the…
The news should cause some concerns or perhaps weeping among US investors who see big US companies as the pride of the global corporate fleet. PetroChina (PTR), China’s big oil company, passed…
“GE did not manage to convert growth into profitability as well as we had expected,” Nigel Coe at Deutsche Bank said to the FT. That seemed to sum up why the GE…
Douglas A. McIntyre This was a long and crazy week for stock traders, but the Bond weasels got Monday off and only had a four-day work week. Thursday was the mystery tank day when the…
General Electric (NYSE:GE) reported earnings and guidance, all of which looked in-line with expectations. The conglomerate posted $0.50 EPS & $42.5 Billion in revenues, versus $0.50 & $42.42 Billion estimates. It also…
Douglas A. McIntyre GE (GE) announced modest revenue growth, but its operating income lagged significantly GE announced Q3.revenues from continuing operations were $42.5 billion, up 12%, increasing 8% organically. Earnings from continuing operations were up…
Douglas A. McIntyre