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WEDNESDAY, NOVEMBER 25, 2009
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NEWS ABOUT: General Electric

General Electric stories: 62 news summaries

21 - 40 of 62 Stories | << Prev 1 2 3 4 Next >>

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MARKETS

 Stocks Stall 
 on Earnings; 
 Dow Climbs 6   

But extend winning streak to 6th week

Apr 17, 09 3:25 PM CDT
(Newser) - Stocks gave up afternoon gains to close higher by single digits as a week of first-quarter earnings reports failed to spark a selloff or surge, the Wall Street Journal reports. Google’s stock barely moved after the company reported slowing sales growth. GE and Citigroup earnings beat estimates, but GE... More »

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Google • Citigroup • Dow Jones • General Electric • Nasdaq • S&P 500

MARKET Open

 Stocks Mixed After 
 Citi's Good News 


Apr 17, 09 8:41 AM CDT
(Newser) - Better-than-expected earnings from GE and Citigroup barely produced a ripple in the broader market this morning, the Wall Street Journal reports. Stocks were mixed, with the Dow inching up 33 points, the Nasdaq slipping 6.42 points, and the S&P flat. Citi got a 9.5% boost off... More »

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stock market • Citigroup • Dow Jones • General Electric • Nasdaq • S&P 500

ANALYSIS

 GE's Immelt 
 Lacks Options 

CEO needs to shrink, simplify the business, but can't

Apr 3, 09 2:32 PM CDT
(Newser) - Don’t envy GE’s Jeffrey Immelt. Though his core business remains profitable, the CEO presides over a huge, unwieldy empire. Parts of the conglomerate, like GE Capital, have tanked the entire corporation’s share price and caused it to lose its prized AAA credit rating. Worse, Immelt may  have... More »

MORE ABOUT:
CEO • General Electric • corporations • Jeffrey Immelt • Triple-A credit rating • credit rating • financial crisis

MARKET Open

 Stocks Tread Water 


Mar 12, 09 8:38 AM CDT
(Newser) - Stocks murmured softly at today's open, barely moving off yesterday’s numbers. The Dow fell 19 points, while the Nasdaq and S&P were essentially flat. GE was on the rise after S&P cut its credit rating less than expected, from AAA to AA+. Investors were also mulling a... More »

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stock market • Dow Jones • General Electric • Nasdaq • S&P 500

Suddenly, Blue Chips
Are Penny Stocks

Nobody's too big to sell

Mar 6, 09 7:52 AM CST
(Newser) - America's once-mightiest stocks have been humbled. Blue chips such as Citigroup, GE, and GM are trading at laughable levels, with Citgroup shares even going under a dollar yesterday. Analysts offer two main reasons for the troubles of big companies: they relied on offering financing to customers, which killed them in... More »

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stock market • Citigroup • Dow Jones • General Motors • General Electric

 Investors Flee GE 
 Despite Soaring Profits 

Fears about GE's capital arm and a possible loss of AAA rating stoke concerns

Mar 5, 09 7:00 AM CST
(Newser) - General Electric, long considered a reliable growth company paying an attractive dividend, is taking a beating ahead of a possible cut to its AAA debt rating, Bloomberg reports. Though GE recently posted its third-highest annual profit ever, the company has lost $264 billion in market value in 12 months and... More »

MORE ABOUT:
General Electric • Standard and Poor • Moody's • Jeffrey Immelt • bond ratings • dividend

MARKETS

 Dow Drops 300 to 
 Lowest Close Since '97 

Index makes a beeline for 6,000

Mar 2, 09 3:18 PM CST
(Newser) - Investors sold stock in droves today amid continued financial-sector woes and a poor report on manufacturing, the Wall Street Journal reports. Financials sank, and the manufacturing woes sent General Electric, Boeing, Caterpillar and 3M into downward spirals. The Dow fell 299.64 to close at 6,763.29. The Nasdaq... More »

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Boeing • Dow Jones • General Electric • Nasdaq • Caterpillar • S&P 500 • ISM Factory Index

MARKETS

 Dow Ends Sorry Week Off 101 

Nationalization talk spurs financial sell-off

Feb 20, 09 3:21 PM CST
(Newser) - Stocks lost value again today as talk of nationalizing top US banks spurred investors to sell financials, MarketWatch reports. The Obama administration tried to tamp down the nationalization chatter, but without success. Meanwhile, General Electric and General Motors fell 6% and 16%, respectively. The Dow lost 100.28 to close... More »

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Citigroup • Bank of America • Dow Jones • General Motors • General Electric • nationalization • Nasdaq • S&P 500

GE CEO Scraps His $12M Bonus

Immelt cites 56% stock decline in '08, but says the company isn't actually doing too bad

Feb 18, 09 10:14 AM CST
(Newser) - Jeffrey Immelt has recommended to GE's board of directors that he not get a planned $12 million bonus for 2008, the Wall Street Journal reports. The CEO noted that earnings were "below where we expected," but stressed that even those numbers represent success in the midst of a... More »

MORE ABOUT:
CEO • General Electric • bonuses • Jeffrey Immelt • economy

 Big Biz Slams 
 'Buy American' 
 Stimulus Clause 

Exporters warn of foreign backlash if package erects free-trade barriers

Jan 29, 09 8:00 AM CST
(Newser) - American exporters are fighting to ditch "Buy American" provisions from the economic stimulus package, the Washington Post reports. The House version bars most foreign iron and steel from stimulus projects, while a Senate version calls for only American-made equipment and goods to be used in nearly all projects to... More »

MORE ABOUT:
General Electric • iron • Caterpillar • US economy • steel • free trade • protectionism • US exports • economic stimulus package

MARKETS

 Dow Ends Blah Week Down 45 

Financials see gains for the day

Jan 23, 09 3:42 PM CST
(Newser) - Stocks were mixed today as bargain buying in the financial sector bolstered some amid a torrent of poor earnings and outlooks from GE, Xerox, Harley Davidson, and AMD, MarketWatch reports. The Dow fell 45.24 points to close at 8,077.56. The Nasdaq gained 11.80, closing at 1,... More »

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Citigroup • Bank of America • Dow Jones • General Electric • Nasdaq • AMD • S&P 500

MARKET Open

 Dow Dives Below 8,000 

Dow sees big-time dip

Jan 23, 09 8:47 AM CST
(Newser) - Stocks took a dive at the open, following big losses in Europe and more lousy earnings reports, the Wall Street Journal reports. The Dow tumbled 210 points to below 8,000, while the Nasdaq and S&P dove 2.1% and 2.6% respectively. Financials came under renewed pressure,... More »

MORE ABOUT:
stock market • General Electric • Nasdaq • Capital One • Dow • Harley Davidson • S&P 500 • Xerox

 As NBC Falters, 
 Real Drama Is 
 Behind the Scenes 

Network moves to consolidate amid executive shakeup, poor ratings

Dec 8, 08 11:27 AM CST
(Newser) - When NBC announced a sweeping shakeup last week, it confirmed just how bad things are at the network, the Los Angeles Times reports. Ratings are down 14% this season, just as companies are dramatically slashing advertising budgets in the face of recession. “This is not a good time to... More »

MORE ABOUT:
NBC • advertising • General Electric • Ben Silverman • restructuring • advertising budgets • executives • NBC Universal studio • financial crisis

MARKETS

 Dow Rises 270 on Late Rally 


Dec 2, 08 3:24 PM CST
(Newser) - Stocks rallied late in the session today, buoyed by rounds of bargain hunting following yesterday’s deep sell-off, the Wall Street Journal reports. GE rose 14%, despite lowering its forecast, on news that it will still pay a $1.24-per-share dividend next year. The Dow rose 270 points to close... More »

MORE ABOUT:
Dow Jones • General Motors • General Electric • Nasdaq • Sears • S&P 500 • bailout

MARKET Open

Stocks Take Modest Bounce 

Dow up after disastrous session

Dec 2, 08 8:48 AM CST
(Newser) - Stocks headed north this morning, after a grisly Monday that saw the Dow fall 7.7% and the S&P 500 drop 8.9%. Things looked less traumatic today, as the Dow rose a modest 68 points at the open, accompanied by 1.2% and 1.4% rises in the... More »

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stock market • General Electric • Nasdaq • auto industry • S&P 500 • Dow Industrial • Treasury bills

Football Goes Mobile on Sprint Phones Tonight

NFL games head to tiny screen

Nov 6, 08 5:19 AM CST
(Newser) - Sprint is about to score big with football fans with the first-ever live broadcast of an NFL game on mobile phones. The debut phone-cast will be tonight's Cleveland Browns showdown with the Denver Broncos. Eight more games from the NFL television network will be available over 7 weeks as part... More »

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DirecTV • NFL • NFL Network • Verizon • iPhone • NBC Universal • General Electric • 2008 Beijing Olympics • Sprint • digital media • mobile phones

 Now Brace for Short-Sellers 

Wall Street steels for end of ban short-selling

Oct 8, 08 6:01 AM CDT
(Newser) - The controversial three-week ban on short-selling financial stocks ends at midnight tonight and analysts are uncertain about the impact on an already-traumatized Wall Street. Financial shares have plunged 23% since the ban was imposed, suggesting short-selling might not have played as large a role as suspected in earlier declines, reports... More »

MORE ABOUT:
NASDAQ • General Motors • MIT • General Electric • SEC • short selling • financial stocks • hedge funds • CVS Caremark

 In Crisis, Buffett Is 
 Modern JP Morgan 

'Oracle of Omaha' offers financial, psychological help to stressed America

Oct 6, 08 1:27 PM CDT
(Newser) - Amid the financial panic of 1907, financier JP Morgan stepped in to play the role of central bank, crafting an economic rescue plan and using his personality to offer worried Americans a psychological boost. Today, Warren Buffett’s financial aid to Wall Street and calming influence on Main Street are... More »

MORE ABOUT:
Goldman Sachs • Warren Buffett • General Electric • credit crisis • economy • financial crisis

MARKETS

 Stocks Fall Despite Senate Vote 

Jobless claims up

Oct 2, 08 9:00 AM CDT
(Newser) - Senate approval of the bailout bill wasn’t enough to calm investors this morning, as the Dow posted a modest 51-point decline. Driving the pessimism was a report that new jobless claims have hit a new 7-year low, the Wall Street Journal reports. The S&P and Nasdaq each... More »

MORE ABOUT:
stock market • General Electric • jobless claims • bailout • financial crisis

 Buffett Grabs 
 $3B Chunk of GE 

Shrewd market player aiming for windfall after chaos clears

Oct 2, 08 3:59 AM CDT
(Newser) - Mega-pockets investor Warren Buffett is sinking $3 billion into General Electric, whose share prices have slumped a third amid the financial chaos on Wall Street, Reuters reports. Buffet, 78, negotiated a 10% dividend, which could generate $300 million income a year. The move comes a week after he invested $5... More »

MORE ABOUT:
Congress • NBC • Goldman Sachs • Warren Buffett • General Electric • bailout • Coca-Cola Co

21 - 40 of 62 Stories | << Prev 1 2 3 4 Next >>


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