-
Stock Market News for February 16, 2010 - Market News
Tuesday, February 16, 2010 - 10:30am | 445China’s move to contain rapid credit growth by limiting bank loans and European Union’s weak gross domestic product unnerved investors Friday, sending the Dow average down as much as 160 points in the morning session. Later, the blue-chip index pared much of those losses to close down 45 points as...
-
Top 5 Large-Cap Stocks In The Technology Sector With The Highest 5-Y Earnings Estimates (VIP, VIV, BIDU, SI, BT)
Tuesday, February 16, 2010 - 8:18am | 156Below are the top 5 large-cap technology stocks on the NYSE and NASDAQ in terms of earnings estimates. The 5-year earnings growth estimate for Vimpel-Communications (NYSE: VIP) is 44.9%. VIP has a PEG ratio of 0.33. The 5-year earnings growth estimate for Vivo Participacoes SA (NYSE: VIV) is 41.8...
-
Possible Wind Farm Expansion By General Electric (GE)
Monday, February 15, 2010 - 7:23pm | 114General Electric (NYSE: GE), and Vancouver-based Plutonic Power Corp. plan to double the capacity of Dokie Ridge Wind Project in British Columbia, according to Bloomberg. The companies expect to increase the capacity from 144-megawatt to 300-megawatts, subject to Canadian government funding....
-
General Electric Company (GE) Maintains An Outperform Rating
Friday, February 12, 2010 - 4:10pm | 108Analyst Christopher Glynn at Oppenheimer (NYSE: OPY) has maintained an Outperform rating for General Electric Company (NYSE: GE). The write-offs at the company have been flat for three quarters now. The company has managed to write-off lowest quality assets in the early part of the loss cycle....
-
Stock Market News for February 12, 2010 - Market News
Friday, February 12, 2010 - 10:12am | 476Reports that European Union leaders had agreed to a Greek bailout plan and a sharp drop in U.S. jobless claims sent U.S. stocks up Thursday, with all the three major indexes recording gains of at least 1%. Data from China that showed a moderating consumer price inflation also helped investors’...
-
General Electric (GE) Rolls Out Handheld Ultrasound Machines
Friday, February 12, 2010 - 9:47am | 153According to a report by the Wall Street Journal, General Electric (NYSE: GE) announced new handheld ultrasound machines that are slightly larger than iPhones. The company expects them to become as common as stethoscopes. The manufacturers General Electric Co., and Siemens AG (ADR) (NYSE: SI)...
-
GE's Write Offs Decline Faster Than Expected (GE)
Friday, February 12, 2010 - 9:25am | 191Analysts at Oppenheimer are growing more optimistic over the rate at which bad assets and write offs in GE's portfolio are coming along. General Electric (NYSE: GE) was hit hard in the credit crunch as investors were worried that their financial arm of the company could drag the company to...
-
Altucher Says Bailouts Were Essential
Thursday, February 11, 2010 - 12:38pm | 298According to James Altucher, people are angry about the taxpayer’s money being used to bailout rich Wall Street executives, when the Main Street suffered all the while. People believe that the unemployment is 5% higher than what it would have been had the bailout not taken place. Although...
-
Bernstein Ups 3M To Outperform
Thursday, February 11, 2010 - 11:57am | 80Analysts at Bernstein upgrade 3M Company (NYSE: MMM) from "market perform" to "outperform." The target price for MMM has been raised from $90 to $99. Bernstein expects MMM to continue to beat expectations and raise its guidance in the forthcoming quarters. 3M’s organic growth rate will continue to...
-
AIG Overhauls Bonus System With Tiered Scale, Follows General Electric (GE)
Thursday, February 11, 2010 - 12:14am | 101AIG has announced a new compensation plan that will grade its employees’ performance numerically. The plan has been named “Forced ranking” system and has been introduced by A.I.G.’s chief executive Robert H. Benmosche. The tiered system of compensation has been used by various other companies such...
-
3M Hikes Dividend (MMM)
Tuesday, February 9, 2010 - 7:34pm | 393M (NYSE: MMM) raised its quarterly dividend today to 52.5 cents, marking the company's 52nd consecutive year of dividend increases. The 3% increase is payable March 12 to shareholders of record as of February 19.
-
January 2010 Rewind - Foundational Cracks
Monday, February 8, 2010 - 12:17am | 516In spite of a relatively decent earnings season, mixed economic readings, domestic political turmoil and an emerging sell-the-news mentality left cracks in the foundation of the ten-month old bear market recovery. This January, the S&P 500, Dow Jones Industrials and NASDAQ 100 cash indices...
-
The Deficit: How To Protect Yourself
Thursday, February 4, 2010 - 12:37pm | 1085Hello All, Its another brilliant day in America's capital. Unlike the sun shining outside, the fiscal news in Washington is somewhat more gloomy. As you are probably well aware, the Federal government is projected to rack up an additional $1.6 billion dollars in debt this year. If you're watching...
-
Hulu May Launch Paid Version : CEO Tells CNBC (DIS, NWS, GE)
Thursday, February 4, 2010 - 6:21am | 115Online Video Site Hulu reached a milestone in December last. The site has now streamed over a billion videos. Hulu is jointly owned by Disney (NYSE: DIS) , News Corp. (NASDAQ: NWS), NBC Universal (NYSE: GE) and Providence Equity Partners. Talking with CNBC, Hulu CEO Jason Kilar talked about the...
-
Time Warner (TWX) Says It Will Benefit From Current Trends
Wednesday, February 3, 2010 - 12:48pm | 125Jeff Bewkes, the Chief Executive of Time Warner Inc., (NYSE: TWX) said that current trends will likely lead to increasing revenue for Warner Bros. Television. Bewkes gave the NBC (NYSE: GE) decision to replace Jay Leno at 10 PM with scripted programming as an example of one of the trends that will...