GE
Time to clear away the brush in my long-term 50 Stocks portfolio–selling four stocks out of this portfolio ahead of January rebalancing
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Earnings day of truth for General Electric tomorrow
There's little doubt that tomorrow's third quarter earnings report from General Electric--due before the market opens--will be one of those kitchen sink quarters. New CEO John Flannery is sure to want to mark his accession to the corner office two and a half months...Trick or trend: Wall Street earnings projections for the fourth quarter slip
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...U.S. market goes nowhere as economic trend remains wishy-washy
Earnings from General Electric this morning illustrate the problem that this kind of decent but not great growth poses for a U.S. market trading near all time highs. General Electric reported a 16% increase in adjusted earnings from continuing operations for the fourth quarter of 2013 over the fourth quarter of 2012. The 53 cents a share the company reported matched Wall Street analyst projections. But the stock fell 2.57%
GE and McDonald’s disappoint on growth–although I like the stocks from here in an uncertain environment
I wouldn’t make too much of today’s move to the upside in U.S. markets. It’s not unusual for the Friday of a down week to show a slight bounce. Certainly today’s earnings results from market bellwethers McDonald’s (MCD) and General Electric (GE) won’t relieve market worries about revenue and earnings growth for U.S. companies.