Trader Talk
- Risk Trade Is Back On
- This Week's Biggest Story: The Dollar
- Corporate Issuance Continues at Torrid Pace
- The Bernanke Dollar Bounce & Gross Says Forget About Rate Hike
- Colgate Really Sparkles After Hours
- Light Volume Has Traders Complaining
- Gold Shatters Another Record
- Have Retailers Reached Their Limits?
- The Retail Mind Game
- The Gold Rush Is On
TRADER TALK RSS FEED
MOST SHARED
- The 'Real' Jobless Rate: 17.5% Of Workers Are Unemployed
- Why Amazon Rules Retail
- Wave of Debt Payments Facing US Government
- Paul: Audit the Fed
- China Eastern to Complete Shanghai Air Buy by End '09
- The Social Media Gaming Threat
- JAL Slides to Record Low on Bankruptcy Jitters
- Gold Will Collapse Like Oil Did in 2008: Charts
- Prepare For Large Decline In Stocks, Next Year?
- Nielsen Ratings Coming to Video Games
- Can Murdoch Help Bing Challenge Google and Shift the Content Equation?
- HP's Mark Hurd
- HP Comes in As Expected; Is It Time to Buy?
- 9 Stocks That Play Rising Water Costs: Strategists
- Weis' Deal Likely Won't Change Big Money Contracts
- Gold Prices Can Double in 3 Years: Portfolio Manager
- Nov. 23: Unusual Volume Leaders
- Help Wanted—Please Run $4 Billion University
- Apple Comes to AT&T's Rescue
- Tuesday's Heavy Dose of Data to Dictate 'Risk' Behavior
- World's Largest Share Issue Priced at Deep Discount
- Obama says Boosting US Jobs is Top Priority
- GM to Cut up to 9,500 Jobs in Europe
- Playboy to Outsource Most Magazine Operations: Report
- Why the Dollar Will Likely Stay Weak for Some Time
- Appeals Court Denies Microsoft's Alcatel Petition
- HP Comes in As Expected; Is It Time to Buy?
- Cramer: What Monday’s Housing Number Really Means
Text Size 
Reporter
Our parent company, General Electric [GE
Loading...
()
], continues to trade near the highs of the day. As the stock broke through $15 yesterday, volume spiked and it continues to do so today.
GE's move up seemed to have an influence on other conglomerates-Textron [TXT
Loading...
()
] for example, is also up today after pricing $600 million in notes.
Hilliard Lyons, in a note this morning, seemed to feel the runup (highest level since January) had gone a bit too far: "We are changing our rating on General Electric to Long-term Buy from Buy following the recent upward move in the price of GE shares. At the current price, GE's stock has reached our estimated value of its industrial assets alone, which we pegged at about $14 per share. The financial unit appears to have stabilized, but a recovery could be slow at best, resulting in a longer term view."
Separately, RiskMetrics Group also put out a fairly critical report, entitled “Capital Issues Remain as Company Seeks to Shrink Loan Portfolio.”
_____________________________
_____________________________
Questions? Comments?
Data is a real-time snapshot *Data is delayed at least 15 minutes