Source: Financial Digest (financialdigest.net)
I would stay away from this stock. It’s too widely held to give anyone much of an edge in predicting its recovery.
So sad! How the mighty have fallen.
Ur system doesnt work, you cant log in from the link.
They should just give up 😂
ShxtSigma Fairy Tale! Congrats to Jack Welch for the illusion! DurationMismatchForPonzi
The american octopus fades away.
Once upon a time a story like this would have lead a newscast. The firehose of sewage we're blasted with every day has denied this story the attention of the American public that it deserves.
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Dow rises 100 points as Wall Street digests latest US-China trade developments, GE leads gainsThe volatile week on Wall Street is almost over, but we're not done yet. Stocks opened higher today as market participants gradually grow more optimistic about U.S.-China trade relations. Lol, WHY? Why are people so damned stupid to continue to believe some deal is going to be made? BRIWall Stocks seesawed Thursday as Wall Street's volatile week approaches its end. The Dow closed 67 points higher, with the Nasdaq dipping 0.4%.
Source: CNBC - 🏆 12. / 72 Read more »
GE stock price target slashed to $6 from $10 by JPMorgan, lowest of Wall Street analystsGeneral Electric Co. shares extended their losses on Friday to put them on track for their lowest level since March of 2009, after JPMorgan Chase & Co. analyst Stephen Tusa slashed his stock price target.
Source: MarketWatch - 🏆 3. / 97 Read more »
Wall Street credit analysts more apt to cut ratings if the president is of opposing partyCredit analysts disclose a number of factors they use to arrive at ratings. Though their opinion of the U.S. president isn't usually listed, it still affects how Wall Street's debt judges assess default risk. keeping the division alive I see
Source: CNBC - 🏆 12. / 72 Read more »
Holiday wish list: U.S. states count on extra online sales tax to boost budgetHoliday wish list to boost budget: At least 32 U.S. states have passed or are soon expected to pass laws requiring online sellers to collect and remit sales taxes HilaryRuss That’s just what we need, another tax to hamper businesses, only to be mismanaged by state governments. Perhaps these states should practice fiscal responsibility with the money they already receive before sucking any more support from hard working Americans.
Source: Reuters - 🏆 2. / 97 Read more »
Trump wall vs. Wall Street: Investors aren’t betting on massive border projectThe government shutdown has created a holding pattern that is bad news for companies planning big civil engineering projects. At some point, people should know when they have been taken for a ride...HillaryClinton campaigned on providing assistance to laid off coal workers to re-train them for the future, instead they listened to a conman & now, they’re out of luck..Wow.. altwinning aka old fashion LOSING
Source: NBCNews - 🏆 10. / 86 Read more »
The Danger of Too Much OptimismAnalysts are predicting big long-term earnings growth, but for companies to meet the targets Wall Street sets would be nearly impossible. RT : Heard on the Street: When the long view is too sunny I, DONALD say In 5 billion years IT’ll get MAGA sunny and dark, Believe ME!
Source: WSJ - 🏆 98. / 63 Read more »
GE and Baker Hughes amend agreements, including reduced BHGE payments to GE over timeBaker Hughes, a GE company and General Electric Co. announced Tuesday a number of long-term agreements, including a reduction in Baker Hughes payments to GE, a collaboration on critical rotating equipment and creating a joint venture to provide aeroderivative engine services. GE's stock rallied 1.6% in premarket trade, after tumbling 12% the past two sessions to close Monday at a 9 1/2-year low. Baker Hughes shares dropped 2.7% premarket after falling 12% the previous two sessions. The rotating equipment deal will include aeroderivative and heavy-duty gas turbine technology, while the JV will serve the oil and gas and industrial markets. GE has recently had issues with an H-frame gas turbine blade, which forced a shutdown of an Exelon Corp. facility. Separately, Baker Hughes will have access to GE Digital software and technology, the companies have agreed to maintain current operations and pricing levels within Baker Hughes' Control product line, GE will transfer certain U.K. pension liabilities to Baker Hughes, and the intercompany services fee that Baker Hughes pays to GE will be reduced over time beginning next year. GE's stock has plunged 36% over the past three months through Monday and Baker Hughes shares have tumbled 31%, while the S&P 500 has lost 3.4%.
Source: MarketWatch - 🏆 3. / 97 Read more »
GE may be canary in credit market’s coal mineThe firm’s bonds tanked this week even as an asset sale briefly lifted its shares. That’s a warning shot for all credit investors. U.S. companies carry more debt than ever, and quality has deteriorated. Rising interest rates and slowing growth could make this a big problem.
Source: Breakingviews - 🏆 470. / 51 Read more »
The Case for Buying GE (Yes, Really)General Electric has frustrated bottom-pickers for the past year, but a rational approach suggests it could either be worth a whole lot more—or possibly nothing at all. might beat 2009 lows? ShxtSigma ! Congrats for the ilusion Jack W! DurationMismatchForDummies At some point folks will start calling it G-FREE. With there exorbitant and escalating debt, the acute sensation one feels is anything but good. Billy Jay
Source: WSJ - 🏆 98. / 63 Read more »