Recent News: NBC Super Bowl Ads and Stock Performance

NBC Manages to Rack Up Strong Sales on Super Bowl Marketers may be tightening their belts amid the economic downturn, but you'd never know it from the sale of Super Bowl ads. The National Football League season is only a week old, but General Electric's NBC Universal says it has already sold about 85% of the available spots, up from the 60% that is standard this time of year. The robust sales pace comes despite an estimated 10% price increase from the last Super Bowl, and NBC says there are only about 10 spots left...

General Electric (GE) PriceWatch Alert for September 15, 2008
General Electric (NYSE: GE) ended the last trading session at $26.75. So far the stock has hit a 52-week low of $25.60 and 52-week high of $42.15. General Electric stock has been showing support around 25.53 and resistance in the 28.35 range. Technical indicators for the stock are Bearish and S&P gives GE a positive 4 STAR (out of 5) buy rating. GE appears on the Investors Observer Analysts Favorites list. For a hedged play on this stock, look at a Mar '09 27 covered call (GEW CA) for a net debit in the $24.40 area. That is also the break even stock price for this trade...

GE shares down 5 percent amid financial sector worry
General Electric Co shares fell 5 percent on Friday, as investors worried that turmoil in the financial sector would take a toll on the conglomerate.
The shares of the second-largest company by market capitalization were down $1.46 to $26.70 in late afternoon trading on the New York Stock Exchange. Earlier, they had been as low as $26.33....

GE slides on worries over credit card unit sale
Shares of General Electric Co. fell more than 6 percent Friday, which an analyst attributed to nervousness at the conglomerate's inability to sell its private-label credit card business. Analyst Nicholas Heymann of Sterne Agee in New York said in a phone interview that investors believed GE would sell its credit card business this summer....