Can you count on GE’s dividend?
Is GE's dividend safe? That question is likely on the minds of many shareholders who have watched the value of their GE shares sink more than 50% over past year, mainly over worries about the potential for more losses at the company's financial arm, GE Capital.
Can you count on GE’s dividend?
Is GE's dividend safe? That question is likely on the minds of many shareholders who have watched the value of their GE shares sink more than 50% over past year, mainly over worries about the potential for more losses at the company's financial arm, GE Capital.
Oil off its highs on inventory strength
Oil prices erased most of its early gains Thursday after a government inventory that showed flat to higher stockpiles.
Stocks seesaw after selloff
Stocks seesawed Thursday morning, as investors digested a string of bad news on the economy and corporate profits, but remained willing to scoop up issues hit in the three-session selloff.
Congress scrutinizes hedge fund industry
A congressional committee scrutinized risks in the hedge fund industry on Thursday to determine whether further regulation is needed.
BofA exec: U.S economy to revive in late ’09
Talk about being where the action is: Ground zero for today's financial crisis is the business of home mortgages, and Bank of America's Barbara Desoer oversees the biggest collection held by any financial institution in the U.S.
Senator: Banks must start lending
The head of the Senate Banking Committee Thursday said banks receiving money as part of the $700 billion federal bailout must step up their lending to consumers and businesses.