UBS removed its short-term sell rating on General Electric (NYSE: GE). The firm is maintaining its Neutral rating. Shares of GE rocketed 36% higher last week as it recovers from its absolute free fall.…
There has been quite a lot of news on Berkshire Hathaway Inc. (NYSE: BRK-A) and Warren Buffett in the last 12 hours. Bond and credit ratings agency Fitch downgraded the conglomerate. Buffett also outlined…
It is an interesting theory, but it may not be plausible. Some analysts think that GE (GE) will use a downgrade of its debt by S&P as cover for reducing forecasts for earnings out…
General Electric Co. (NYSE: GE) was finally downgraded by a debt ratings agency. Standard & Poor’s cut the ratings for GE. This has been telegraphed for nearly three months. What is interesting is that…
As shares of GE (GE) jumped up today, the number of skeptics about the balance sheet of the firm’s financial unit seemed to go up. GE was up almost 20% at one point during the…
There are a couple issues around the defense of General Electric Co. (NYSE: GE) this morning. An analyst note is defending the stock, and CFO Keith Sherin gave an interview early this morning to…
A very large number of people must think they know something about GE (GE) that is not public. Rumors about the company’s financial unit balance sheet have been hurting the stock for weeks. This…
General Electric Co. (NYSE: GE) insiders are buying shares of their battered company stock. Two Form-4s filed with the SEC show that CEO Jeff Immelt and Vice Chairman Michael Neal each bought stock. Neal’s…
We already noted what is happening to the General Electric Co. (NYSE: GE) dividend. The company’s plans to save $9 billion from the $0.31 dividend cut being taken down to $0.10 is much more…
Unfortunately, the ratings agencies still have some who rely upon what they say. That is still the case when it comes to General Electric Co. (NYSE: GE) and its triple-A rating. Now that the…
General Electric Co. (NYSE: GE) is finally cutting its dividend. We predicted this, and it has finally come to pass. We said that a cut in half could save $5 billion per year, but…
Everyone wants to know what the Oracle of Omaha is up to. The great Berkshire Hathaway Inc. (NYSE: BRK-A) stock has proven to be far from immune to the woes of the market and…
Investors have deserted GE’s stock over the last week like draft dodgers fleeing to Canada. The firm’s shares fell more than 20% over the five trading days, and now sit near a multi-year low…
GE (GE) CEO Jeff Immelt voluntarily gave up a $12 million bonus. His salary was also frozen at $3.3 million. While the announcement may play well with shareholders, the question is whether Immelt’s action…
3M Co. (NYSE: MMM) just did the opposite of what many large companies are doing in the current liquidity-crunched environment. The conglomerate just raised its dividend to $0.51 per share. We have been commenting…