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Photo from Yahoo! GE cuts outlook, halts buyback
Reuters - General Electric Co cut its earnings forecasts and halted its buyback plans because of turmoil in the financial services markets, knocking its shares back more than 5 percent.
Yahoo!  –  Sep 25, 2008 11:27 AM [GMT]  –  comment?
found in Top Stories
G.E. Cuts Outlook and Halts Buyback
General Electric said Thursday that it had cut its third-quarter and full year forecast and halted its buyback plans.
New York Times  –  Sep 25, 2008 11:11 AM [GMT]  –  comment?
found in Business
S&P affirms AAA rating on GE and GE Capital unit
TEL AVIV (MarketWatch) -- Standard & Poor's affirmed its AAA long-term and A-1+ short-term corporate-credit ratings on General Electric Co. and its GE Capital Corp. subsidiary and its A-1+ short-term rating on GE Capital Services Inc. The outlook on GE and GE Capital is stable, S&P sa ... more »
MarketWatch.com  –  Sep 25, 2008 11:10 AM [GMT]  –  comment?
found in Business: Markets
General Electric cuts profit outlook
CEO Immelt cites unprecedented weakness and volatility in financial services markets
The Globe and Mail  –  Sep 25, 2008 11:03 AM [GMT]  –  comment?
found in Top Stories
General Electric cuts earnings outlook
General Electric has lowered its outlook for third-quarter and full-year earnings, citing unprecedented weakness and volatility in the financial services markets.
MSNBC.com  –  Sep 25, 2008 11:02 AM [GMT]  –  comment?
found in Business
GE Forecasts Lower Third-Quarter Earnings
General Electric also lowered its guidance for the full year because of weakness and volatility in financial services.
TheStreet.com  –  Sep 25, 2008 10:56 AM [GMT]  –  comment?
found in Business: Investing
Photo from Yahoo! London stocks lower
AFP - London stocks was on the backfoot on Thursday amid uncertainty over an emergency multi-billion-dollar US bailout for the financial sector and a third quarter gloomy profit warning from General Electric, saying conditions are unlikely to improve for its financial services division.
Yahoo!  –  Sep 25, 2008 10:54 AM [GMT]  –  comment?
found in World: Europe
GE pares estimates, lifts capital in unit, halts buyback
TEL AVIV (MarketWatch) -- General Electric Co., the Fairfield, Conn., industrial and financial-services giant, cut its earnings estimates, halted its stock buyback and will boost capital in the GE Capital financial subsidiary. The company cut its third-quarter earnings estimate to a range of 43 cent ... more »
MarketWatch.com  –  Sep 25, 2008 10:44 AM [GMT]  –  comment?
found in Business: Markets
Indications: U.S. stock futures off highs after GE warning
U.S. stock futures came off highs on Thursday after General Electric cut its earnings estimates and halted its stock buyback as Congress debated a $700 billion bank bailout package and as data was set for release on durable-goods orders and new-home sales.
MarketWatch.com  –  Sep 25, 2008 10:42 AM [GMT]  –  comment?
found in Business
Ge Unplugged Fuld
Lehman Brothers' CEO Richard Fuld reached out to General Electric CEO Jeff Immelt about taking an investment in the embattled investment bank prior to its collapse, sources tell The Post. Fuld had hoped Immelt would take as much as a 20 percent...
New York Post  –  Sep 25, 2008 08:08 AM [GMT]  –  comment?
found in Business