Berkshire Hathaway (BRK/A-NYSE) will have a new issue to deal with at its annual meeting this weekend. It will have protesters outside calling for Berkshire Hathaway to sell its 1.1% stake in PetroChina (PTR-NYSE),…
Citigroup’s Jeffrey Sprague has issued a research note basically calling for General Electric (GE-NYSE) to partially break-up in Wall Street’s "Quest to unlock shareholder value." They are calling for GE to spin-off its NBC…
Jeff Immelt, GE’s (GE) CEO, recently said that he was "frustrated" by the performance of the company’s shares. According to The New York Times: "Shares of G.E. have declined 5.8 percent this year, while…
3M Co. (MMM-NYSE) is expected to post EPS of $1.12 on revenues of $5.69 Billion, and if the company offers guidance the analyst community is expecting $1.12 EPS and revenues of $5.91 Billion for…
General Electric’s (GE) stock out-performed the S&P over the days since it announced earnings, but that took a turn midday yesterday. At that point, GE dropped sharply below the index and opened well below…
GE (GE) announced earnings this morning. Revenue rose rose 5.7%. Results were hurt by the company’s industrial division, especially its plastics unit. Earnings rose to $4.51 billion from $4.44 billion in the same quarter…
They are taking managers out of Siemens (SI) in handcuffs and with raincoats over their heads. The FT says that members of the Siemens supervisory board want chairman Heinrich von Pierer to step down…
Jeff Immelt, Chairman & CEO of General Electric (GE-NYSE) has to be one of the more entrenched CEO’s in corporate America. And rightfully so. How many "respectable or top CEO" surveys with more than…
Late word is that Saudi Basic, the big petrochemical company may buy GE Plastics fro $12 billion. Private equity firms looked at buying the unit, but there were concerns that the US government saw…
In the next few days Dow Chemical (DOW) is expected to announce a Memorandum of Understanding to form a joint venture with India’s largest petrochemical producer, Reliant Industries Ltd. While Dow has become the…
Usually when a 10-K (Annual Report) filing comes out, the first thing traders peer at is the ‘Legal Proceedings’ section and the ‘Auditor notes’. Particularly of note, they look for phrases such as "Going…
GE is about to begin working the Wall St. crowd. The message: we have quality earnings. Don’t worry. No hidden earnings or balance sheet problems here. “Jeff and I can do a better job…
By William Trent, CFA of Stock Market Beat Stock Market Beat Large Cap Watch List member 3M Company (MMM) announced a large share repurchase program yesterday: 3M today announced that its Board of Directors…
From Value Discipline There is a mistaken notion by some value investors that the only time that you can make serious money occurs when you can find an unknown, small-cap name that is inefficiently…
Siemens (SI) is as close as a conglomerate gets to General Electric (GE). Siemens has a power generation and power transmission unit. It has an automotive components business and a group that does industrial…