Technology growth stocks, consumer cyclical, discretionary and some industrials will do well, Sarat Sethi of Douglas C. Lane tells CNBC.» Read More
NORWALK, Conn., Nov 15- General Electric Co will spin off its credit card business next year into a separately traded company as it tries to reduce its exposure to unpredictable financial businesses and return to its manufacturing roots. At one time, the GE Capital unit, which houses the company's financial operations, contributed nearly half of GE's total profit.
NORWALK, Conn., Nov 15- General Electric Co plans to spin off part of its North American retail finance business next year as a separately traded public company in a long-term attempt to generate less profit from the volatile financial sector and more from manufacturing.
Jim Cramer explains what to watch ahead of the market open including GE and Warren Buffett's bet on Exxon Mobil.
NORWALK, Conn., Nov 15- General Electric Co said on Friday it would spin off part of its North American retail finance business in an initial public offering next year. GE said it plans to float about 20 percent of the retail finance unit in the IPO. Shares of GE rose 0.9 percent to $27.22 in premarket trading on Friday.
The growing wealth disparity between CEOs and workers finally may be catching up to corporate America.
NEW YORK/ BOSTON, Nov 14- American boardrooms are looking grayer than ever.
Stay away from consumer-focused companies, Ron Sloan of Invesco says.
*Caterpillar has dominant position in market for rig engines. HOUSTON, Nov 12- General Electric Co is trying to deploy more of its natural gas engines on rigs drilling for hydrocarbons in the North American energy boom- where Caterpillar Inc diesel engines have long been the industry standard.
CHICAGO, Nov 12- Holding stocks in a passive index fund as a core portfolio holding has generally been a rock-solid idea. You can own nearly the entire market at a low cost and not get snagged in market timing errors. Yet most index funds are capitalization-weighted, meaning they hold the most popular stocks by market value.
Founded by a disabled vet, Mischler Financial offers servicemen and women with financial experience a unique opportunity.
Nov 7- Twitter Inc's initial public offering, which will start to trade on the New York Stock Exchange on Thursday, drew strong demand with investors asking for 30 times the number of shares that were on offer, according to two sources familiar with the deal.
*Siemens CEO hold offs presenting strategy until May. BERLIN, Nov 7- New Siemens Chief Executive Joe Kaeser promised shareholders a big share buyback on Thursday, but asked for more time to produce a new strategy as he aims to steady the industrial giant after a boardroom battle.
*Siemens CEO says will hold off presenting strategy until May. BERLIN, Nov 7- Siemens' new Chief Executive Joe Kaeser promised on Thursday to buy back up to 4 billion euros worth of shares while asking investors for patience as he works out a strategy by May to close a gap with more profitable rivals.
Nov 7- Twitter Inc could face volatile trade in its debut Thursday on the New York Stock Exchange, analysts said, but they remained enthusiastic after the money-losing social media company priced its IPO above the expected range.
Facebook, Netflix and Tesla topped retail stock buyers' purchase lists last month, according to TD Ameritrade.
Nov 4- U.S. privately held power plant developer Footprint Power picked General Electric Co to supply $200 million of equipment for a new 674- megawatt natural gas-fired combined-cycle power plant at the Salem Harbor station in Massachusetts.
FRANKFURT, Nov 1- Siemens' new chief executive Joe Kaeser faces pressure from shareholders to give a flavour of how he plans to reinvent the industrial giant to catch up with more profitable rivals when he presents annual results next week.
LOS ANGELES, Oct 31- U.S. solar company First Solar Inc on Thursday reported quarterly results that blew past estimates and raised its earnings outlook for the year as it began recognizing revenue from a major project in California, sending shares higher. First Solar shares were up 6.2 percent at $53.40 in extended trade after closing at $50.30 on the Nasdaq.
Westwood Holding Group’s Mark Freeman has investment recommendations for companies less dependent on Fed stimulus.
*Comcast beats Street on EPS by four cents. Oct 30- A top Comcast Corp executive said on Wednesday that the company is in talks to license its latest technology, called X1, to other cable operators, which would help the industry better compete with telecom and satellite rivals.