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Standard & Poor's downgraded General Electric, lowering its rating to AA-plus with a stable outlook, down from the top-tier, AAA credit rating it enjoyed. Here are some sobering facts about GE and other big stocks...
As the economy hemorrhages jobs (3.6 million and counting since the start of the recession), C-level suites everywhere are abuzz with executives hashing out the details of impending rightsizings, streamlining, redundancies, or whatever obfuscation of choice.
Last night on Fast Money, Guy Adami mentioned that "the PE is very compelling" for Hewlett Packard. Many of the PE's for the Dow 30 are at historic lows. Here's a "By the Numbers" look at current PE's and implied valuation.
Stocks rose for a second day on Wednesday after JP Morgan Chase said the bank was profitable in January and February, echoing comments by Citigroup a day earlier.
I'm reporting from the Montgomery Tech Conference in Santa Monica Ca, and it's surprising and refreshing to find such an excited and optimistic assortment of startups and potential investors.
Warren Buffett has certainly lost billions of dollars over the past year, but has he lost his title of "World's Richest Billionaire?" We'll find out when the 2009 edition of the widely-followed Forbes ranking of global wealth is released at 6p ET tonight (Wednesday).
On a week that saw a late-day rally for the Dow & S&P Friday, managing to close in positive territory for the day, following a dismal jobs report, increased concerns over GM's viability and another bailout for AIG, the markets fell 6% or greater for the week.
Cramer has calculated what he thinks is an absolute bottom for this bellwether index.
Despite the recession and almost daily layoff announcements from major companies, many employers across the country are actually hiring.
With the economy weakening, chief executives want Wall Street to see them as tough cost-cutters who are not afraid to lay off workers. But plenty of job cuts are not trumpeted in news releases, the New York Times reported.
Stocks slid on Thursday with the Dow and S&P falling to 12-year lows and the Nasdaq finishing at its lowest level since March 2003.
As General Electric continues to fall, the company that once boasted a half trillion dollar market cap, is now at risk of falling out of the Top 20 biggest companies in the S&P 500.
Two months into the year, the average dividend yield of the Dow 30 has continued to rise since the start of 2009, despite some significant dividend cuts like those from CNBC parent, General Electric. See how the 30 companies in the Dow compare.
If Press Secretary Robert Gibbs needs proof that President Obama's spending plans are hurting the markets, then he should look at the Dow. Or the S&P 500. Or the Nasdaq...
Despite a rash of recent cuts, playing dividends continues to be an important tool for investors, financial advisers say.
The company's fourth quarter earnings report is particularly devastating since the company comes up way short as far as Wall Street expectations are concerned, even though analysts have been falling all over each other over the past week to lower estimates.
The Dow Industrials, Dow Transports, and Dow Utilities are all hitting multi-year lows now. While the Dow Industrials and Dow Transports have been closing at new lows for days, the Dow Utilities closed below its October low for the first time on Friday.
Shares of Sony closed half a percent lower Monday after the electronics maker said CEO Howard Stringer would double up as president and directly oversee the electronics division at the centre of its problems.
The credit crisis and downward spiral of the economy can be a drag. But put some pictures or music to it and it can be downright fun. Let’s turn that frown upside down! For your weekend viewing pleasure, a few artistic interpretations of the current hole we find ourselves in.
Sony sent a message of change Friday in centering power in Chief Executive Howard Stringer, who will also become president and gain greater say over its core electronics business as Japan's iconic electronics maker tackles a painful global slump.