General Electric, the parent company of CNBC, recently increased its dividend payment for the second time this year. With $20 million in cash on the balance sheet and the sell-off of its NBC Universal unit expected to meet government approvals, is now the time to buy? Nicholas Heymann of Sterne, Agee & Leach, and Ted Parrish of Henssler Equity Fund say yes.
U.S. Bank, the largest subsidiary of U.S. Bancorp, will acquire the U.S. and European securitization trust administration businesses of Bank of America, the company announced Monday.
Confidence among investors and chief executive officers remains low amid the prospect of a slow, elongated recovery, Larry Fink said Wednesday.
The bill was was approved Tuesday by the House Financial Services Committee, which Frank chairs. The measure was approved in a 40-28 party-line vote.
Healthcare reform will bring slightly greater pricing pressure but larger volume for medical technology firms, says Steve Macmillan, CEO of Stryker.
There’s no shortage of companies turning to Twitter and other social media websites to promote their brands. But the trend hasn't created many new jobs—at least not yet.