Sunday, January 13, 2008

Recent News: GE Money, GE Energy Financial Services, Lloyd Trotter, PHH, and TradeSignals Commentary

GE Money to launch eco card
A new credit card that caters for customers' desires to help the environment will be released on Monday...

GE unit growing 'green'
GE Energy Financial Services is growing its role in the "green" energy market with new investments in California and Texas...

GE's Trotter Heads for Equity Land
Lloyd G. Trotter jokes that if he were to write a book, he would call it Living My Life Between Quarters. No more. After 37 years of pushing to make his numbers every three months at a big public company, Trotter, 62, will step down next month as vice-chairman and as chief executive of the $28 billion General Electric

PHH's long-term IDR affirmed at 'BBB+'; outlook negative - Fitch
Ratings said it affirmed PHH Corp's 'BBB+' long-term issuer default rating and 'F2' short-term IDR and assigned a negative rating outlook, following PHH's announcement that it had terminated the merger agreement with General Electric...

TradeSignals General Electric Morning Commentary
General Electric finished the previous session higher extending the prior days gains. Trend indicators are indicating a bearish market and the overall strength of the trend is strong, as indicated by the ADX. Momentum readings are also bearish. However, the recent upturn in the difference between the MACD and the MACD signal line may indicate a short term rally over the next few days and should be watched...

1 comments:

Valbona Bushi said...

GE should sign up for the UN Global Impact http://www.unglobalcompact.org/. With so many great green initiatives, why not publicly recognize this for all of GE by joining this group for free. They will set an example for other companies. Thousands of companies have already signed up and it just requires a report after 2 years on the initiatives, and it's something that could be used in advertising. It already has boosted profits greatly in many of the companies.