Recent News: Wall Street, Credit Card, Bounce, Yield, and Warren Buffett

Wall Street falls out of love with General Electric
Usually, it's easy to find bullish analysts on Wall Street. In fact, the criticism leveled most often at stock pickers at major brokerage firms is that they are too easy on the companies they cover, explaining away every earnings miss and always finding another reason to slap on a buy rating.
Not in the case of General Electric, though. These days, it's hard to find much love on the Street for what was once the bluest of blue chips....

Buyers shying away from GE's credit card business: report
General Electric Co's auction of its $30 billion credit-card business is attracting only tepid interest, according to an article on the Wall Street Journal's website....

GE: Not Too Big to Bounce
That question has to be bothering General Electric shareholders today, as the stock continues to bounce around its five-year low. Weighing it at a robust $260 billion-plus in market cap, GE's very size suggests that it could have a tough time fulfilling its routine promises of year-over-year double-digit profits growth. Still more important to shareholders, the company's size makes it difficult to imagine the stock price resuming its upward rise of yester-decade...

General Electric: A buy for yield
General Electric (NYSE: GE) may be one of the most admired companies in the world, at least according to Fortune. But, Wall Street hates the company and has driven its stock to multi-year lows. The concerns have been printed dozens of times in the press: GE is too large. It has too many units that do not do well. None of the firm's divisions fit well together....

Is General Electric One of Buffett’s “Wonderful Companies?”
Warren Buffett bestows that nugget of knowledge upon us peasant investors. I believe that it’s very important to reflect on such a quote during current market conditions...