General Electric’s $4.5 billion “special dividend” — to be paid from GE Capital to the parent company — will be used entirely for buybacks, GE Chairman and CEO Jeff Immelt told investors at an industry conference Wednesday. Read More
As the controversy around the Facebook IPO grows, regulators say they will look into it; Moody’s lifts Ford’s credit rating; Dell shares slide after earning; Yahoo charts a new direction. Read More
On its second day of trading facebook falls 11 percent as FINRA says the will investigate the IPO. Altria introduces a nicotine lozenge and Apple remains the most valuable brand according to a recent study. Read More
As real estate investors rush to buy distressed properties and reap the rewards of a still-heating rental market, two distinct phenomena are suggesting caution, perhaps extreme caution. Read More