<< Read Full Article
<< Read Full Article
GE Offers Tepid '08 View
General Electric (GE Quote) disappointed Wall Street Tuesday with a weaker-than-expected earnings forecast for next year.
The industrial bellwether and Dow component projected "at least" a 10% increase in EPS for 2008. That fell short of expectations on Wall Street for roughly 13% growth, based on the average estimates reported by Thomson First Call.
Despite the disappointment, GE held itself out as a safe haven for investors as the economic outlook grows more dim. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,309.92 | 1,091.49 | 2,138.44 | 32.31 |
Oil *
77.12
|
|
DOWN
154.48
|
DOWN
19.14
|
DOWN
37.61
|
DOWN
0.48
|
10 Yr
3.23%
SPDR Gold
115.06
|
|
-1.48%
|
-1.72%
|
-1.73%
|
-1.46%
|
Data delayed 20 minutes |
Connect with TheStreet