Tyco Doubles Down on Buybacks (TYC)
Tyco International Ltd. (NYSE: TYC) has decided to re-join the stock buyback regime seen elsewhere now that it has been a year since its break-up. The company has announced that its Board of Directors…
Tyco International Ltd. (NYSE: TYC) has decided to re-join the stock buyback regime seen elsewhere now that it has been a year since its break-up. The company has announced that its Board of Directors…
Rohm & Haas (NYSE: ROH) has agreed to be acquired by Dow Chemical (NYSE: DOW) in an $18.8 Billion dollar merger ($15.3 Billion in equity value). The terms to shareholders value the company at…
Siemens (SI) today said it will cut nearly 17,000 jobs. It gave the economic downturn as the major reason for the move. Since Siemens and GE (GE) are in a number of related businesses…
General Electric Co. (NYSE: GE) is seeing a rise of nearly 1% today, and this is after several days of hitting the 52-week low list and almost seeing its stock trade with $25 handles…
Reuters has run a piece this morning commenting from an email interview from the Reuters Singapore desk with questions to John Rice, chief executive and vice chairman. The conglomerate is maintaining a 10% to…
GE (GE) shares reached a five plus year low today, at $28.38 as a JP Morgan analysts called for the company to sell off more units. While GE has auctioned off some modest parts…
If you have been watching the movement in General Electric Co. (NYSE: GE) for this last week, you won’t be surprised to hear that this is due to intense "market chatter" out in the…
Chairman of General Electric Co. (NYSE: GE), Jeff Immelt, has made another vote of confidence in the stock today. In transactions listed with a trade date of TODAY May 28, 2008, the filing with…
GE (GE) plans to cut its water consumption across the company by 20% between now and 2012. According to Bloomberg "In addition to the first-ever water reduction pledge, Fairfield, Connecticut-based GE also said it…
GE (GE) has reaffirmed guidance and will sell off its appliance division. That has been not enough to keep sellers at bay. Shares in the conglomerate moved down to $30.52, a new 52-week low.…
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 off; or…
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 medical equipment…
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 Sachs to…
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 than rehashing…
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 defense stocks…