The founder of Best Buy Co. Inc. (NYSE: BBY) is well along with an $11 billion buyout plan. (Reuters) As some companies leave Spain, the nation’s tax base falls. (Reuters) China’s services…
General Electric Co.’s (NYSE: GE) current management never has liked being reminded of the conglomerate’s share price when superhero CEO Jack Welch left almost 12 years ago. Shares traded at approximately $37 when…
The future of French President Francois Hollande likely will be determined by the fate of his new austerity budget. (Reuters) EADS says it will stay with a deadline set by regulators for…
General Electric Co. (NYSE: GE) has been enjoying a recovery despite what has been a period of caution for so many global corporations. In a meeting today, GE’s Chairman and CEO Jeff…
Jon C. Ogg The Business Roundtable’s CEO Economic Outlook Survey for the third quarter of 2012 is out, and the word to describe the report would be cautious. The report shows that CEOs are again…
The three major U.S. stock indexes opened higher this morning but were unable to hold gains into the afternoon. In Europe this morning, a Spanish bond auction widened the spread between German…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Tuesday. Automatic Data Processing Inc. (NASDAQ: ADP) cut to Neutral at UBS. Bank…
Google Inc. (NASDAQ: GOOG) begins to sell its Nexus 7 tablet in Japan, which puts it into competition with Sony Corp. (NYSE: SNE). (Reuters) Google’s shares trade at a record high. (Reuters)…
People who wanted to log on to Chase.com to check personal or corporate accounts found the site could not be reached, or ran very slowly yesterday. According to media reports, customers had…
When you see the largest deal of a kind announced ever along with it being worth more than $1 billion, it may cause some heads to turn. Be advised that it takes…
Jon C. Ogg Berkshire Hathaway Inc. (NYSE: BRK-B) rarely gets analyst research calls from Wall St. research and independent research shops. When it does, many investors tend to pick apart the data hoping to find…
Key research changes have been made in the last few days over at Bank of America/Merrill Lynch’s research coverage. The firm published its 2013 target for an S&P 500 Index target of…
Updated throughout the day on the 24/7 Wall St. Wire: General Electric Co. (NYSE: GE) has retained Morgan Stanley (NYSE: MS) to review its $2.2 billion investment in Thailand-based Bank of Ayudhya. (Reuters)…
In a blow to GE’s (NYSE: GE) huge jet engine division, The National Transportation Safety Board issued two urgent safety recommendations to the Federal Aviation Administration (FAA) regarding two recent occurrences in which…
General Electric Co. (NYSE: GE) managed to hit what was almost a four-year high yesterday as shares crept above $22.00 for the first time since the panic selling of the recession took…
