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Top 5 Large-Cap Stocks In The Conglomerates Sector With The Highest Cash (GE, UTX, MMM, DHR, PPG)
Tuesday, January 26, 2010 - 6:45am | 243Below are the top 5 large-cap conglomerates stocks on the NASDAQ and the NYSE in terms of cash. The total cash at General Electric Co (NYSE: GE) stood at $61.37 billion in the latest quarter. Oppenheimer upgraded GE from “perform” to “outperform.” Read more on this stock. The total cash at United...
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Monday charting
Monday, January 25, 2010 - 10:33pm | 1875The S&P 500’s breakdown is still the defining technical event to watch. On the short term, we may find some support around the 1080 level (which happens to be aroudn the 100DMA as well), which was support all through November and December and resistance back in September, but a breakdown...
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General Electric (GE) Has Too-Tough Road Ahead Says Sterne Agee
Monday, January 25, 2010 - 3:35pm | 61Despite sequential revenue gains, General Electric Company (NYSE: GE) is getting no particular respect or love from Sterne Agee. The reserahc from still says General Electric is a ‘sell’, citing banking reform – and the consumer and cap-ex hesitance it can cause – as a drag on earnings. Sterne Agee...
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Outlook for General Electric Company (GE)
Monday, January 25, 2010 - 2:58pm | 109Citigroup analyst Jeffrey T Sprague has a positive long term outlook for General Electric Company (NYSE: GE). This is on the back of exceeding revenue and operating cash flow targets in almost every sector of the company this year and revenue realization in the later years due to restructuring....
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Stock Market News for January 25, 2010 - Market News
Monday, January 25, 2010 - 10:20am | 463US stocks declined for a third straight session as lingering worries about a White House proposal to clamp down on big Wall Street banks and China’s measures to tame liquidity in that country roiled markets. Ho-hum earnings reports that failed to meet high expectations darkened the mood further,...
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European Shares Down Fourth Day Straight
Monday, January 25, 2010 - 5:11am | 97European shares were down for the fourth straight day on Monday. Technology companies in particular were hit hard. Shares of STMicroelectronics (NYSE: STM) were down 2%. Despite the declines in so many other European stocks, shares of Philips Electronics (NYSE: PHG) managed to rise 3.4% in...
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General Electric Co. (GE) On Course To Recovery
Friday, January 22, 2010 - 11:51am | 98General Electric Co.'s (NYSE: GE) Q4 net income fell 19%, but the industrial giant is showing initial signs of stability. The drop in profit for General Electric Co. (GE) was smaller than previous quarters on gains in areas like power plant turbines and oil field equipment. General Electric (GE),...
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GE Reports Q4 Results
Friday, January 22, 2010 - 11:00am | 41General Electric (NYSE: GE) reported Q4 EPS of $0.28 vs consensus of $0.26. GE’s revenues for the quarter stood at $41.44 billion, exceeding the consensus expectations of $40.02 billion. GE’s shares have climbed by 4.12% to $16.68.
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Company News for January 22, 2010 - Corporate Summary
Friday, January 22, 2010 - 10:27am | 228• Air Products (NYSE:APD) reported fiscal first quarter earnings of $1.16, two cents higher than anticipated, on inline revenues of $2.2 billion, off 1% from a year ago • BB&T (NYSE:BBT) posted fourth quarter results of 27 cents, 6 cents better than expected • GE (NYSE:GE) beat estimates by 2...
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Stock Market News for January 22, 2010 - Market News
Friday, January 22, 2010 - 10:24am | 478President Barack Obama’s combative rhetoric sent traders on Wall Street scurrying for cover as proposals of greater restrictions on big banks led to concerns that profits at those firms will be impacted. Lingering worries about China’s moves to contain liquidity to stay ahead of inflation and...
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GE Exceeds Expectations Despite Restructuring Charges
Friday, January 22, 2010 - 10:18am | 161Fourth-quarter profits at General Electric Co (NYSE: GE) slipped 19% as earnings from its finance arm plunged. GE posted profits of $3.01 billion, or $0.28 a share, down from $3.72 billion, or $0.35, a year earlier period. The company’s revenues fell 10% to $41.44 billion. The results marginally...
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Solid Earnings Reports Fail To Support US Stock Futures
Friday, January 22, 2010 - 9:28am | 176US stock futures have moved lower in early trading, despite several large cap companies reporting earnings after last night’s close and early this morning. While futures for the Dow Jones Industrial Average reversed gains earlier in the day to lose 12 points to 10326, those for the S&P 500...
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Top 5 Stocks To Watch For January 22, 2010 (GOOG, GE, MCD, HOG, SLB)
Friday, January 22, 2010 - 9:14am | 288Google (NASDAQ: GOOG) has posted its fourth quarter sales short of analyst estimates. However, GOOG’s advertising sales climbed to around $2 billion for the first time. After gaining 0.44% in yesterday’s trading, GOOG has lost 4.39% in pre-market trading. Read more about this company here. General...
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Benzinga’s Earnings Roundup (GE, BBT, APD, SLB, STI, JCI, HBAN, KMB, HOG)
Friday, January 22, 2010 - 9:03am | 706General Electric Company (NYSE: GE) today reported a fourth-quarter profit of $2.94 billion, or $0.28 per share, on revenue of $41.4 billion. Analysts expected General Electric to report earnings of $0.26 per share on revenue of $39.99 billion. General Electric is trading at $16.15, increased 0.81...
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General Electric Co. (NYSE:GE) Earnings Preview
Thursday, January 21, 2010 - 9:13pm | 59General Electric Co. (NYSE: GE) will release last quarter's earnings numbers on Friday. The consensus EPS of $0.26 is roughly half the the $0.51 earned in the same quarter a year earlier. General Electric Co. - a well diversified conglomerate - has beat analyst estimates by 2 to 5 cents in its last...