Conglomerate
General Electric Company (NYSE: GE) has faced a disastrous time in 2020. Despite posting an impressive recovery at the start of 2020, GE shares fell off a cliff into the recession and its prized...
14 days ago
Buffett had been a huge holder of Wells Fargo's stock over time. The latest reputational damage has proved to be too much for the Oracle of Omaha, and whatever his tax ramifications are he has...
22 days ago
This call from JPMorgan does not formally predict that GE's stock will go to zero dollars, but it certainly offers little hope of upside ahead.
30 days ago
Whether it's a bull or a bear market is still up for debate, with the economy still in a recession. What is not up for debate is whether the investing community cares what Warren Buffett is saying...
1 month ago
Last Updated: 1 month ago
General Electric posted second-quarter results Wednesday morning that missed both top- and bottom-line estimates. And the company burned through $2.1 billion in cash during the quarter.
2 months ago
Last Updated: 13 days ago
One man is against anything that is tied to corruption or reputational challenges of the sort FirstEnergy faces, and that man is Warren Buffett.
2 months ago
After two decades of portfolio shuffling and reshuffling, and with a new entrenched team, GE is trying to rebuild itself and restore its reputation as an industrial conglomerate.
3 months ago
Warren Buffett is known for trying to bring calm to the markets and signaling that America's greatest days are ahead of it. What does it signal when he chose not to acquire stocks after the recent...
4 months ago
A generally accepted rule is that for older investors, most investments should be conservative and less risky. Does the same rule apply to Warren Buffett? Should it?
4 months ago
GE is taking actions that will look like a refinancing of some debt to solidify the conglomerate's financial position.
5 months ago
Last Updated: 5 months ago
24/7 Wall St. has reviewed the latest stakes held by Team Buffett in the airlines to see just how bad the damage has been since the end of 2019.
6 months ago
When you get into crazy markets, sometimes logic and sensibility have to be thrown out the window. General Electric Co. (NYSE: GE) is far from an economically immune company. The company’s...
7 months ago
Last Updated: 7 months ago
Investors are not used to hearing is the word "biotech" used in the same sentence as anything to do with Warren Buffett and Berkshire Hathaway. Yet the portfolio managers have purchased shares of...
7 months ago
Last Updated: 7 months ago
It is not unusual for analysts to make upgrades and downgrades after earnings, but Merrill Lynch is out with a fresh upgrade just a couple of hours after the report.
8 months ago
Last Updated: 8 months ago
The General Electric Co. (NYSE: GE) of 2020 and beyond is likely to look quite different from the GE of a decade earlier. The GE of tomorrow is also going to be less diversified and less leveraged....
8 months ago
Last Updated: 8 months ago