3M’s Great New Discovery: The Internet (MMM)
3M (NYSE:MMM) is just today announcing the launch of its own eStore. If you look through the press release it has all the reminders of 1999 when companies merely issued a press release saying…
Industrials
All Industrials Articles
Newest first · Page 74Tyco’s Parts One Week Later (TYC, TEL, COV, GE, MMM)
As you will see, so far the markets have greeted the post-Tyco with a bit of a thud. This is one we were a bit cautious on the valuations as being fully valued and…
Short Selling: Warren Buffett Holdings (June 2007)
BRK/A, BNI, KO, PG, WMT, USG, AXP, WFC, MCO, JNJ, COP, UNP, USB, MTB, ASD, NSC, WLP, UNH, IR, HRB It is always interesting to see how Wall Street bets with or against Warren…
Cramer Calls Brookfield Asset Mgmt. the Next Berkshire Hathaway (BAM, BRK/A)
On tonight’s MAD MONEY on CNBC, Jim Cramer came out with perhaps the best endorsement a diversified company could get: he called Brookfield Asset Management (BAM-NYSE) the next Berkshire Hathaway (BRK-A) but on more…
General Electric’s New Multi-Year Stock Highs (GE)
General Electric Co. (GE-NYSE) is actually putting in new multi-year highs today. All of a sudden, mega-caps are back. This is just a couple months after more than a few ‘overly-hyperactive activists’ were wrongly…
Previewing Tyco Spin-Off Ahead of Analyst Meetings
Stock Tickers: TYC, COV, COV-WI, TEL, TEL-WI, GE Tyco International Ltd. (TYC-NYSE) hosts its analyst meetings on Tuesday, June 19, to showcase its new spin-off companies. Late last week we saw trading begin in…
General Electric Finally Unloads Plastics Unit
General Electric (GE-NYSE) has confirmed that it is selling its plastics unit to Saudi Basic Industries Corporation ("SABIC"). The proceeds will be valued at $11.6 Billion in cash plus the assumption of liabilities. The…
Siemens Names CEO To Keep Ahead Of GE
Siemens (SI), troubled by bribery scandals, has named a new CEO, Peter Loescher. He currently runs a division of Merck (MRK) and was an executive at GE (GE). Loescher’s background is primarily in running…
GE: No Make-Up Needed
General Electric (GE) is finally getting rid of the plastics division that has dogged its earnings for several quarters. It appears that Saudi Basic Industries will pay $11 billion, which The Wall Street Journal…
Warren Buffett Rides More Railroads (BNI, NSC, UNP), Plus Other Holdings
This is an edited version of the first story to run an expanded list. Last month we all found out that Warren Buffett’s Berkshire Hathaway decided to take a ride on the Reading by…
GE: Keeping NBC and No Interest in Dow Jones
General Electric’s (NYSE:GE) Jeff Immelt just made the inference during a CNBC interview that GE will not be showing any interest in Dow Jones (NYSE:DJ) and implied that they are not going to jettison…
Does GE Even Need Yahoo!?
The Wall Street Journal (Yahoo! preview) is the latest media outlet going after General Electric (GE-NYSE) for it to uncover some value. This report is suggesting a tie up between GE’s NBC unit and…
Will Berkshire Hathaway Lower Its Buyout Standards?
Berkshire Hathaway (BRK/A) may be setting its sights lower as far as the size of a merger it would pursue. Reuters has reported that Warren Buffett gave an interview to a Swiss newspaper called…
A General Electric Break-Up STILL a Bad Idea (GE)
The Wall Street Journal is reporting that there is still some shareholder pressure to break-up General Electric (GE-NYSE). This is partly modeled on the ongoing Tyco (TYC-NYSE) break-up, but the idea is stupid and…
Buffett Takes Berkshire Hathaway Earnings Higher
Berkshire Hathaway just came out and posted some pretty incredible results. The company posted net earnings of $2.595 Billion, but net earnings from operations and outside of investment gains came in at $2.213 Billion. …