-
Zacks Bull and Bear of the Day Highlights: CEO,ELP,GE,PHG,SI - Press Releases
Monday, October 18, 2010 - 12:15pm | 1748For Immediate Release Chicago, IL – October 18, 2010 – Zacks Equity Research highlights: CNOOC ADR (CEO) as the Bull of the Day and Companhia Paranaense de Energia, or COPEL (ELP) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on General Electric Company (GE),...
-
Unexpected Collapse Of Wind Shipments Overshadows GE's 3Q
Monday, October 18, 2010 - 11:26am | 104For General Electric (NYSE: GE), the unexpected speed of collapse in wind shipments and the degree of revenue miss in the overall energy infra segment overshadowed a quarter that had balanced puts/takes, Morgan Stanley reports. “We are sympathetic to the market's concern in a company that often...
-
Monday's Mid-day Options Volume Leaders (C, BAC, APPL, GE, HAL)
Monday, October 18, 2010 - 11:19am | 109The overall market is consolidating last week's gains this morning; after opening lower, it has rallied back to even and is now trading $1,178.14, up by 2.05 points. Here are your mid-day options volume leaders… 1. Citigroup (NYSE: C) 328,497 contracts, 76.3% calls, 23.7% puts 2. Bank of America (...
-
GE Investing In Appliances (GE)
Monday, October 18, 2010 - 10:23am | 111General Electric Company (NYSE: GE) announced this morning it will increase spending in its appliance business by $432 million, as it looks to have its products become more energy efficient. The company wants to create a new line of energy efficient refrigerators and other various appliances. In...
-
Dr. John L. Faessel on the Market
Monday, October 18, 2010 - 10:03am | 2889USA on sale! NASDAQ adds a big chunk to its breakout The Market Vane BULLISH Sentiment (Market Letter Survey) registers 19-week highs. * (Concern) General ALL CLEAR from investor SENTIMENT and the McClellan continue. Strength in Hi-Yield Bonds Bullish For Stocks YET MORE UPSIDE......
-
Stock Market News for October 18, 2010 - Market News
Monday, October 18, 2010 - 9:36am | 1073With fresh worries about the lurking foreclosure crisis keeping sentiments jittery, investors saw a bright spot in Google's earnings and sent broader indices higher on a mixed day on Wall Street. In one single session, Google's market capitalization soared by $19 billion as the technology company's...
-
GE to Invest $432 Million to Establish U.S. Centers of Excellence Design and Manufacture of Refrigeration Products
Monday, October 18, 2010 - 9:31am | 54GE (NYSE: GE) announced today it plans to invest $432 million to establish four U.S.-based refrigeration design and manufacturing centers of excellence and create 500 new "green" jobs by 2014, bringing the company's total U.S. investment announced since 2009 to more than $1 billion and jobs created...
-
3M to Acquire Tape Business from Alpha Beta Enterprise Co. Ltd. (MMM)
Monday, October 18, 2010 - 9:03am | 743M (NYSE: MMM) announced today that it has entered into a definitive agreement to acquire the tape-related assets of Alpha Beta Enterprise Co. Ltd. Alpha Beta has expanded its market breadth and strength year after year through its relentless commitment to lean manufacturing processes. Today, Alpha...
-
Deutsche Bank Has Hold On GE (GE)
Monday, October 18, 2010 - 8:08am | 180Deutsche Bank has a Hold rating and a $20 price target on shares of General Electric Company (NYSE: GE), after the industrial conglomerate reported earnings on Friday. Revenues fell short of expectations. In the research note, Deutsche Bank writes, "4Q will be a messy quarter with the potential...
-
US Stock Futures Down As Investors Await Earnings Report
Monday, October 18, 2010 - 7:09am | 330US stock futures moved down as the investors are awaiting another heavy week of quarterly earnings. Futures on the Dow Jones Industrial Average dropped 41 points to 10,983, while S&P 500 futures fell 3.4 points to 1,172. Futures on the Nasdaq 100 declined 2.25 points to 2,093. US stocks closed...
-
Three Worst Performers In The Dow Today (GE, BAC, JPM)
Friday, October 15, 2010 - 1:34pm | 205The three worst performers in the Dow today should be of no surprise to investors, given the fact that financial's have been out of favor recently. General Electric Company (NYSE: GE) is the worst performer in the Dow, losing more than 5% after the industrial conglomerate reported earnings this...
-
How to Protect Yourself From the “Inflate-a-Rally”
Friday, October 15, 2010 - 10:13am | 1742We are now officially in the thick of earnings season, which means added volatility for the marketplace. Splashy headlines like Google's surprise surge in sales are making the bulls bolder by the day. And as long as earnings reports continue to at least meet consensus estimates on average, that...
-
Fed, Google Spark Early Rally
Friday, October 15, 2010 - 10:04am | 195Wall Street gained ground at Friday's opening bell as the markets welcomed the Fed chief's latest hints at further help for the economic recovery and several stronger-than-expected earnings and economic reports. Today's Markets As of 9:35 a.m. ET, the Dow Jones Industrial Average rose 33.38 points...
-
October NY Empire Indicates Recovery, Retail Sales Solid
Friday, October 15, 2010 - 9:49am | 648The October NY Empire Survey is providing “a positive first glimpse at manufacturing conditions in October.” New orders gained almost 9 points from 4.3 to 12.9. Inventories declined more than 12 points from 1.5 to -11.7. The gap between new orders – inventories widened from 3 to 25. The...
-
GE Earnings Fall Short Of the Street
Friday, October 15, 2010 - 9:05am | 77GE (NYSE: GE) posted a bigger than expected drop in revenue on a lack of demand for heavy equipment. GE posted a 5.1% decline in sales. The news was enough to bring down share of GE 3% in premarket trading. Revenue came to $35.89 billion, below the $37.54 billion analysts had expected, according...