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General Electric Co

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  • GE Meets Expectations But Sees Trouble Ahead Friday, 11 Jul 2008 | 10:15 AM ET
    GE

    General Electric earnings met expectations -- a welcome reprieve after last quarter's dismal miss -- but but said it expects third-quarter profits to be flat or down at its finance arms.

  • Stocks Plunge Amid Fannie, Freddie Fears Friday, 11 Jul 2008 | 10:13 AM ET

    Stocks plunged at the opening bell Friday as fears about the need for a potential government rescue of troubled mortgage gians Fannie Mae and Freddie Mac rippled through the market.

  • Freddie, Fannie And Oil "Pushing" Market Around Friday, 11 Jul 2008 | 9:36 AM ET

    Despite good news from our parent General Electric we are again being pushed around by oil at a record price, and by Fannie and Freddie. Both are down big (about 50 percent) this morning, largely on a New York Times story that the federal government was considering placing one or both of them in a conservatorship.

  • Shinsei to Buy GE Japan Finance Arm for $5.4 Billion Friday, 11 Jul 2008 | 7:29 AM ET
    GE Building

    General Electric will sell its Japanese consumer finance operation to Shinsei Bank for $5.4 billion, concluding a year-long effort to pull out of consumer lending in Japan.

  • GE Earnings Preview: Getting Back in the Groove? Friday, 11 Jul 2008 | 2:35 AM ET
    GE

    GE shareholders would probably like to forget last quarter and the stock's 28% decline. But what about the future? Can spin-offs and recently-announced acquisitions reignite growth at GE?

  • Your First Move For Friday July 11th Thursday, 10 Jul 2008 | 7:03 PM ET

    Here's our Fast Money Final Trade. Our gang gives you tomorrow's best trades, right now!

  • NBC's Zucker Says Not Mulling Sale or Spin-Off Thursday, 10 Jul 2008 | 5:19 PM ET

    NBC Universal Chief Executive Jeff Zucker said on Thursday he was not looking to spin off or sell some of the company's assets.

  • Indexes Eke Out Gains After Wild Session Thursday, 10 Jul 2008 | 4:57 PM ET

    The Dow chart looked like a yo-yo Thursday as traders pounded financials including Freddie Mac and Lehman Brothers and oil prices surged more than $5 a barrel. Still, all three major indexes eked out gains by the closing bell.

  • Stocks Reel as Oil Surges, Financials Get Hit Thursday, 10 Jul 2008 | 3:37 PM ET

    The Dow chart looked like a yo-yo Thursday as traders pounded financials including Freddie Mac and Lehman Brothers, overshadowing any positive news the market had to offer.

  • Stocks Flail as Freddie, Lehman Get Pummeled Thursday, 10 Jul 2008 | 2:44 PM ET

    Stocks flipped and somersaulted Thursday as investors juggled worries about capital constraints at Fannie Mae and Freddie Mac with a drop in jobless claims, merger activity and encouraging retail sales.

  • GE Explores Options for Consumer, Industrial Units Thursday, 10 Jul 2008 | 12:13 PM ET

    General Electric said on Thursday it will look to spin off to shareholders its entire consumer and industrial unit, signaling it is ready to part with a much larger slice of its portfolio than just the $7 billion appliance arm it has been seeking to sell.

  • Stocks Finish in Bear-Market Territory Wednesday, 9 Jul 2008 | 5:21 PM ET

    Stocks ended a tumultuous session with a late selloff that left all three major indexes in bear-market territory.  Financials fell sharply amid worries about more shoes to drop and techs took a hit after Cisco's chief said customers don't see a recovery until next year.

  • GE Is Next Data Point To Watch Wednesday, 9 Jul 2008 | 5:04 PM ET

    Now that Alcoa is out of the way, the next important data point is our parent network, General Electric,spacer which reports earnings on Friday. Since I'm often asked about the different divisions, here's a breakdown, with 2008 estimated revenues:

  • Stocks Slide as Oil Climbs, Techs Retreat Wednesday, 9 Jul 2008 | 3:19 PM ET

    Stocks declined, following a two-day rally, as a report showed crude inventories shrunk last week.  Oil climbed in a choppy session after falling more than $9 abarrel in the past two sessions.

  • Stocks Chop Around; Techs Pull Back Wednesday, 9 Jul 2008 | 12:36 PM ET

    Stocks declined, following a two-day rally, as a report showed crude inventories shrunk last week.  Oil rebounded $1 to $2 a barrel after shedding more than $9 in the prior two sessions.

  • Siemens to Cut 16,750 Jobs Amid Economic Downturn Tuesday, 8 Jul 2008 | 11:46 AM ET

    German industrial conglomerate Siemens  plans to cut around 4 percent of its workforce as part of an overhaul and as a result of the global economic downturn, Siemens said on Tuesday.

  • Stocks Land Lower to Close Wild Trading Day Monday, 7 Jul 2008 | 4:08 PM ET

    Stocks whipped back to positive territory on a seesaw day for Wall Street, which was dominated by a large dumping of financial shares and a drop in oil that staggered large energy producers.

  • Five Stocks to Watch Monday, 7 Jul 2008 | 11:39 AM ET

    Jon Hilsenrath, money and investing news editor at the The Wall Street Journal, offered CNBC his "5 for 5": the five stocks you must watch this week.

  • Wall Street Beats Back Bears; Yahoo Gains 10% Monday, 7 Jul 2008 | 10:12 AM ET

    Stocks moved out of bear territory Monday as oil retreated more than $4 a barrel, easing inflation fears, and technology got a boost from two of its largest companies.

  • Weather Channel Logo

    It was a busy holiday weekend for NBC Universal, CNBC's parent company. Along with private equity groups Bain Capital and Blackstone, it was finalizing its acquisition of the Weather Channel. The three are paying Landmark Communications a reported $3.5 billion, more than half in equity, split between the three.