GE has restated its financials for the past two years, faces a massive $31 billion pension deficit, has liquidity concerns rising from the long-term health obligations of its largely divested GE Capital unit and will likely revise earnings guidance down for the year. Investors probably can't handle much more.
Masco's 4% drop Thursday is the latest proof that big call buying doesn't mean insiders know something you don't.
Wells Fargo, led by CEO Tim Sloan, is struggling to recover from a series of scandals stemming from an alleged corporate culture of aggressive sales practices, including the opening of millions of unauthorized accounts on behalf of customers and selling them unnecessary auto insurance.
In dealing with its 'race' crisis, Starbucks management can learn from JetBlue's 2007 public relations disaster, called the Valentine's Day Massacre, which the airline turned around by apologizing early and often and addressing an industry-wide problem.