This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

GE Under Pressure to Reward Investors

NEW YORK ( TheStreet) -- Credit research firm CreditSights expects that GE (GE - Get Report) will go out of its way to reward its shareholders, as it seeks to reverse some of the pain of lagging stock returns.

CreditSights' comments come a day after GE's CEO Jeff Immelt shared his views on GE's outlook at an annual investors conference.

"GE will likely undertake an all-inclusive, but balanced path to enhance shareholder value that possibly could result in selective share buybacks and increased dividends in addition to still conducting large M&A transactions," says CreditSights.

The research firm says it believes all of this can be achieved in a balanced way without damaging GE's credit profile. CreditSights maintains its overweight recommendation on GE's credit going into 2010.

At the conference yesterday afternoon, Immelt provided an upbeat 2010 outlook amid stabilizing conditions at GE's financing arm, GE Capital, and the changes the company made to its industrial business portfolio primarily through its recent Comcast-NBC Universal joint venture and sale of its security business.

In 2010, according to Immelt, GE plans to redeploy its strong free cash-flow along with proceeds from the sale of businesses that brought in a total of $25 billion.

GE's stock is trading flat at $15.80. Citigroup (C - Get Report), which competes with GE Capital in some business ilnes, is down 0.6% at $3.50. American depositary receipts of the Dutch conglomerate Koninklijke Philips (PHG - Get Report) have lost 0.7% at $29.30, while Siemens' (SI) ADRs added 1.6% to $89.69.

-- Reported by Andrea Tse in New York

>>See our new stock quote page.

Follow on Twitter and become a fan on Facebook.
Copyright 2009 Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
SI $0.00 0.00%
C $34.98 -6.50%
GE $27.45 -3.00%
PHG $23.85 -1.89%
AAPL $93.70 -0.60%


Chart of I:DJI
DOW 15,660.18 -254.56 -1.60%
S&P 500 1,829.08 -22.78 -1.23%
NASDAQ 4,266.8370 -16.7550 -0.39%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs