General Electric

The earnings season ramps up this week. Tech giants Apple (NASDAQ: AAPL), Microsoft (NYSE: MSFT), Intel (NASDAQ: INTC) and IBM (NYSE: IBM) are scheduled to share their third-quarter results, as are big banks including Bank of America (NYSE: BAC), Citigroup (NYSE: C), Goldman Sachs (NYSE: GS),...

Warren Buffett's $5 billion investment in Bank of America (NYSE: BAC) spawned a lot of heated debates on whether this was a bullish or bearish act for Bank of America, and the banking sector in general. The bullish argument was that this showed that BAC is now blessed by the Oracle of Omaha, and...

General Electric Co. (NYSE: GE) hosted an analyst day event at the Paris Air Show to provide a detailed insight into the near- and long-term outlook in the Aviation segment, Sterne Agee reports. “Higher fuel prices are boosting demand for next gen engines with proven ~15 % lower fuel burn,” Sterne...

Jabil Circuit (NYSE: JBL) is set to report third-quarter fiscal 2011 results Tuesday, June 21, after the markets close. Analysts are looking for the tech company to report that earnings grew 29.8% from a year ago to $0.57 per share. Sixty days ago, that consensus earnings estimate was the same. The...

The U.S.-Russia Business Council Board Members, led by USRBC Chairman Klaus Kleinfeld of Alcoa, met today with President Medvedev in St. Petersburg at The St. Petersburg International Economic Forum to present him with a letter voicing their full support for the Russian Federation's accession to...

The news is a surprise to many who maybe believed that IBM (NYSE: IBM) have only ever made computers, but IBM is actually a full 100 years old today. This is an incredible feat for the company, whose full name is International Business Machines, particularly when considering the field that it...

Industrial engineering giant Siemens (NYSE: SI) has announced that it invested an undisclosed amount in, and will also market technologies from, home energy startup Tendril Networks. Tendril makes software and in-home devices for consumers to monitor and manage home energy consumption. Siemens...

Bank of America Merrill Lynch is out with its report today on General Electric (NYSE: GE), reiterating Neutral. In a note to clients, Bank of America Merrill Lynch writes, "As GE Capital's contribution to GE's earnings is reduced, this should help to lower the implied mix pressure from GE's...

Deutsche Bank said that is becoming incrementally more positive on discounted late cycle names like General Electric Co. (NYSE: GE), SPX Corporation (NYSE: SPW) and Manitowoc Co. Inc. (NYSE: MTW). “We value the group based on DCF,” Deutsche Bank writes. “Key risks – Global growth, FX and Commodity...

Leveraged-buyout company KKR (NYSE: KKR) is reportedly interested in acquiring a minority stake in Dutch lender ING Groep's (NYSE: ING) U.S. online bank, ING Direct USA. General Electric (NYSE: GE) and Capital One Financial (NYSE: COF) submitted their bids for the U.S. unit last week. GE has made...

Private-equity firms Warburg Pincus and TPG Capital are said to be cooperating on a bid for General Electric's (NYSE: GE) railcar leasing business, which has about $3 billion in assets. Private-equity firms Cerberus Capital Management and Apollo Global Management also reportedly have made bids....

Comcast Corp. (NASDAQ: CMCSA) plans to purchase Blackstone Group's (NYSE: BX) stake in Universal Orlando, sources familiar with the situation said Tuesday. Comcast is expected to pay between $1 billion and $1.5 billion for Blackstone's half of the theme park. In March, Blackstone offered to sell...

So Bob Dylan turned 70 years old today. But he's still going strong, still staying in the limelight. As widely reported in the past few days, in a previously unreleased interview from 1966, he admitted kicking a heroin habit. This iconic musician also has an upcoming show in Israel with Rickie Lee...

Precision Castparts (NYSE: PCP) is on tap to report fiscal fourth-quarter 2011 results before the opening bell Thursday, May 12. Analysts are looking for the company to report that earnings grew 13.6% from a year ago to $1.91 per share. That consensus earnings estimate is unchanged in the past 90...

Deutsche Bank is out with its report today on General Electric (NYSE: GE), maintaining Hold. In a note to clients, Deutsche Bank writes, "With GE trading at a just 14.3x 2011e and at an attractive yield of 3%, we cannot ignore the clear value. But most of the catalysts are likely 2H loaded (2012e...