Poor corporate earnings reports are pounding the stock market in a sour end to an otherwise strong week. The Dow Jones industrial average fell more than 200 points for its worst day in four months.
GE reportedly will buy back slightly more than $12 billion shares, although the company has not made a formal announcement or filed paperwork with the SEC. The action would get GE's share-float back to 2008 levels, but will its shareholders care about the move?
Street Directory recently made the argument that if investors want some degree of price stability, they should buy stocks which have heavy daily trading volumes. But what if an investor prefers the potential of sharp moves up or down that comes with a stock whose normal daily volume is modest?
Tech giant Apple has blown by Internet behemoth Google to become the world's most valuable brand, according to branding research firm Millward Brown. See which other companies made the list.
A Chinese-based cast-resin transformer manufacturer, Jinpan International might be poised to pop. Well situated for green energy and with a solid bottom line, this may be a stock worth watching!
They're the brands you can't help but know, with logos that nearly everyone recognizes. These companies were founded back in the 1800s and became major players in the next century -- and the one after that. And while their logos have changed over time, they're essentially just refinements of the originals.
Warren Buffett's Berkshire Hathaway liquidated its positions in a number of high-profile companies during the fourth quarter, but the Oracle of Omaha has hung on to his huge stake in Coca-Cola. And Coke's nearly 4% drop is a weight on Buffett's portfolio.
Comcast reached an agreement with Time Warner that will allow the cable-television giant to air content from Time Warner's Turner Broadcasting unit on Comcast's Xfinity videostreaming service.
Better-than-expected earnings from General Electric helped lift the Dow and S&P 500. The Nasdaq closed lower after disappointing results from chipmaker Advanced Micro Devices. Overall, the week's strong earnings bode well for coming corporate reports.
General Electric CEO Jeff Immelt will become the head of a new presidential panel called the President's Council on Jobs and Competitiveness. But is Immelt the right person for the job?
GE plans to sell its aircraft electronics to Chinese companies, and if you don't have a problem with that, maybe you should. After all, China just tested a prototype stealth fighter, it continues to build up its military -- and we can only hope it's not planning to expand its territory in ways that threaten the U.S.
Apple, BofA, Morgan Stanley, IBM, GE, Goldman and Google are among the names reporting this week. And if last week's numbers are any guide, the market should have plenty of reasons to rally -- especially because expectations aren't all that great.
Fourth-quarter 2010 earnings season ramps up this week. Analysts expect strong results from some big corporate names. And on the heels of last week's big earnings beat from JPMorgan Chase, the financial sector will have plenty more results to peruse this week.
It's been a long time since the DJIA reflected just America's smokestack economy. But today's economic rebound is being led so far by manufacturers. And if you plot those Dow components as a group, you'll see they're leading the larger pack by far.
The CEOs of 18 big companies, including Google, Boeing and General Electric, met with President Barack Obama to discuss the U.S. economy Wednesday. Several business leaders said they left with a sense of improved collaboration. But what will the talks actually accomplish?
Helped by the expansion of its industrial business, General Electric expect to boost its revenue in fiscal 2011, CEO Jeff Immelt said in a presentation to investors Tuesday.
GE raised its quarterly dividend 17% on Friday, the second time the company has raised it this year.
CEOs are supposed to know when to say no. But when it comes to the temptation of having an adulterous affair, even some of the toughest-minded bosses just can't hold up a stop sign. Here are nine chief execs (all men) who made headlines for succumbing to the call of lust.
MSNBC today suspended Joe Scarborough for two days after learning that Scarborough had made eight $500 contributions -- the state's legal maximum -- to Florida political candidates without securing prior permission from MSNBC management.