General Electric Co. (NYSE: GE) poor earnings report may be a shock to most. When you consider that the annual preview was just given one month ago, this flies in the face of the…
It is time for Jeff Immelt to leave. His plans for GE’s long-term future are a wreak. GE’s pitch that being in many businesses is better than one and being in businesses in many…
On Friday morning, we’ll see earnings out of General Electric Co. (NYSE: GE). The largest conglomerate’s estimates from First Call are $0.51 EPS on more than $43.6 Billion in revenues. GE does give guidance…
Merrill Lynch has made a key reversal call in the conglomerate sector. It has raised General Electric (NYSE: GE) to Buy from Neutral, and it has downgraded 3M (NYSE: MMM) to Neutral from Buy.…
Yesterday we saw the annual report out of General Electric Co. (NYSE: GE), along with the letter from CEO Jeff Immelt. While we noted many issues that were broken down by segment with recent…
General Electric (NYSE: GE) issued its annual report, which Wall Street considers as a Bible for public companies. We normally peruse 10-k filings (annual reports) for all sorts of tidbits on companies and use…
Jeff Immelt, CEO of General Electric Co. (NYSE: GE), has gone active again in buying up shares of company stock. In an SEC Filing, it shows that Jeff Immelt bought roughly 62,000 shares of…
GE (NYSE: GE) will say once again that its entertainment business, NBC Universal, is not for sale. “Should we sell NBCU? The answer is no!” Mr. Immelt writes in a message for investors in…
The new CEO of Siemens (NYSE: SI) is not a very nice fellow. Depending on which press account is accurate, he is gutting the telecom equipment part his company by cutting between 3,800 and…
Siemens (NYSE: SI) joins the short list of big companies which claim that they are seeing no weakness in their global businesses. “It’s clear that we’re entering a phase of slowdown in the world,” …
While economists and politicians may think Fed cuts and legislation can prevent a recession, the boss men at big multinationals have already prepared for the worst. A survey by Financial Executives International quoted in…
General Electric (NYSE: GE) has just posted earnings with EPS up 17% to $0.68, in-line with $0.68 First call estimates. Revenues were up 18% with organic revenue growth of 10% to $48.6 Billion, above…
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 Wall St.…
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 caused by…
United Technologies (UTX) has done well for investors. Its shares are up over 35% during the last two years. Its larger peer GE (GE) is up only 5% during the same period. But, UTX…