Stocks General Electric Co


  • For the week ending Friday, September 26, 2008,  the major U.S. Indices tumbled for the week as uncertainty lingered over the Congressional $700B bailout package.  We also witnessed a historic bank failure, unsatisfying housing data, a continued rise in jobless claims, and a record one-day gain in the price of crude.  The S&P 500 and NASDAQ Composite shed more than 3% for the week. The NASDAQ had the worst weekly performance amongst the three major indices, losing 3.98%, followed by S&P 500 which lost 3.3%, marking their biggest weekly drops since the start of Sept. for the NASDAQ & since mid May for the S&P.

  • Market Insider: Friday Look Ahead Thursday, 25 Sep 2008 | 8:43 PM ET

    Wall Street's wild ride promises to continue as Congress wrangles over details of a financial markets bailout, and investors assess the government-brokered deal for Washington Mutual.

  • Video: Maria Bartiromo's Market Message Thursday, 25 Sep 2008 | 7:18 PM ET

    Melissa Lee sits in for Maria Bartiromo, discussing Thursday's top business and financial stories -- and looking ahead to Friday's events.

  • Web Extra: Options Action Thursday, 25 Sep 2008 | 6:59 PM ET

    In this Web Extra Pete Najarian reveals why he’s keeping a close eye on emerging markets. Also the traders talk GE.

  • Dow Jumps 200 Points as Bailout Deal Nears Thursday, 25 Sep 2008 | 5:14 PM ET

    Stocks logged a 200-point gain amid news that lawmakers are close to reaching an agreement on a Wall Street bailout.

  • Overall, A Good Day For Markets And GE Thursday, 25 Sep 2008 | 4:07 PM ET

    Our parent company, GEspacer, held up well despite reducing earnings estimates for the third quarter. Two pieces of good news: 1) Standard and Poor's affirmed the company's ratings, and 2) GE is making efforts to reduce leverage and diversify its funding strategy for GE Capital.

  • Stocks Soar as Congress Nears Bailout Agreement Thursday, 25 Sep 2008 | 4:00 PM ET

    Stocks shot up after a report that lawmakers are very close to reaching an agreement on a Wall Street bailout.

  • suze_orman_200x150.jpg

    I want to keep you all up with the latest action in Washington regarding protecting your savings. I taped a recent appearance on the Oprah Winfrey Show on the morning of Thursday Sept. 18, right in the midst of much market turmoil. On the show I told you all that money market funds you buy through brokerages and mutual fund companies are not insured the same as money market accounts that you buy at an FDIC-insured bank.

  • Stop Trading!: A Buy for the Bailout Thursday, 25 Sep 2008 | 2:57 PM ET

    At least one company will benefit greatly if Paulson's plan is passed.

  • The "Not Quite" Agreement Knocks Stocks Off Their Highs Thursday, 25 Sep 2008 | 2:43 PM ET

    There will be a bill (it may get sealed in the White House at the meeting with the President this afternoon), but it may be so burdened with "equity protection" (read: back-door ownership) and "phase-ins" (read: we ain't giving you all the money now) that the Street will argue it will limit participation in the plan.

  • Bailout Hopes Boost Dow; GE Rebounds Thursday, 25 Sep 2008 | 1:02 PM ET

    Stocks rallied Thursday amid hopes that a bailout will get passed this week. However, gains were curbed by worries about General Electric's lowered outlook and misses in two key economic stats.

  • Russia: Short-Sellers' Paradise? Thursday, 25 Sep 2008 | 12:33 PM ET

    Traders are passing around this document which purportedly lifts the ban on short selling in Russia. Those who are adamantly opposed to a blanket ban on short selling are claiming this makes Russia more of a capitalist country than we are.

  • Options Traders Betting on Slowdown Thursday, 25 Sep 2008 | 10:43 AM ET

    Options traders have been bracing themselves for bad news from some of Wall Street's most reliable companies, said Rebecca Darst of Interactive Brokers.

  • Stocks Rally Amid Hopes for Bailout Thursday, 25 Sep 2008 | 10:22 AM ET

    Stocks opened higher Thursday amid hopes that a bailout will get passed today. However, gains were curbed by worries about General Electric's lowered outlook and misses in two key economic stats.

  • Jobless, Durables Stats Clip Gains in Futures Thursday, 25 Sep 2008 | 9:26 AM ET

    Futures cut their gains in half after two economic reports — jobless claims and durable-goods orders — missed their targets and General Electric lowered its outlook. But they still pointed to a higher open for Wall Street as hopes for progress on the government's proposed bailout for the financial system grew, despite uncertainty about how the $700 billion plan would work.

  • Real Worry Among Traders Is Credit Markets Thursday, 25 Sep 2008 | 9:04 AM ET

    Stock futures rose this morning as Rep. Paul Kanjorski said on our air that the bailout bill is "almost a done deal."

  • Welch Applauds GE Moves Thursday, 25 Sep 2008 | 8:11 AM ET

    Former General Electric Chairman and Chief Executive Jack Welch appaulded the company's decision to suspend its stock buyback plan in order to maintain its "AAA" credit rating.

  • Bernanke: "...This Is A Matter For Psychology."  (UPDATE) Wednesday, 24 Sep 2008 | 11:02 AM ET

    That's what Mr. Bernanke said to Senator Schumer, who has been pressing both Mr. Bernanke and Treasury Secretary Paulson for some agreement that would provide a lesser amount (say $150 billion) initially, and then have the next administration vote on providing more funds.

  • Stocks End Lower as Bailout Anxiety Lingers Tuesday, 23 Sep 2008 | 5:15 PM ET

    Stocks fell more than 1 percent amid anxiety about the Wall Street bailout plan. Lowered analyst outlooks dragged on General Electric and bank stocks.

  • Stocks Slide Amid Worries About Bailout Tuesday, 23 Sep 2008 | 3:26 PM ET

    Stocks declined as investors digested what's going on at the congressional hearings on the bailout. Lowered analyst outlooks dragged on General Electric and bank stocks.