general electric
New York symbol GE, is one of the world’s largest industrial companies. It operates in six main segments: Infrastructure; Commercial Finance; Consumer Finance; Healthcare; Industrial; and Media.
Exchange traded funds (ETFs) are set up to mirror the performance of a stock-market index or sub-index. They hold a more or less fixed selection of securities that represent the holdings that go into the calculation of the index or sub-index.
ETFs trade on stock exchanges, just like stocks....
ETFs trade on stock exchanges, just like stocks....
VERIZON COMMUNICATIONS INC., $47.56, New York symbol VZ, has completed its purchase of the 45% of Verizon Wireless that it didn’t already own from U.K.-based Vodafone Group (Nasdaq symbol VOD). The company now owns 100% of Verizon Wireless, which sells wireless services to 102.8 million subscribers in the U.S. In 2013, it supplied 67% of Verizon’s revenue and 81% of its earnings. Verizon paid $130 billion in cash and shares for Vodafone’s stake. To put that in context, Verizon’s market cap (or the total value of all its outstanding shares) is $196.7 billion....
iShares S&P 500 Fund, $24.65, symbol XUS on Toronto (Shares outstanding: 3.4 million; Market cap: $83.8 million; ca.ishares.com), holds the stocks in the S&P 500 Index, which is made up of 500 major U.S. companies selected by industry group, market size and liquidity. The index’s 10 highest-weighted stocks are Apple, Exxon Mobil, Google, General Electric, Johnson & Johnson, Microsoft, Chevron, Procter & Gamble, Berkshire Hathaway and Wells Fargo. The ETF’s MER is 0.14%. It yields 1.6%....
In next week’s Wall Street Stock Forecaster Hotline, we’ll reveal our #1 U.S. stock pick for 2014. Don’t miss this unique opportunity to profit. EBAY INC., $54.37, Nasdaq symbol EBAY, moved up this week after activist investor Carl Icahn, who owns 0.82% of the company, proposed that it sell its PayPal online-payment business or set it up as a separate firm. He also wants to replace two of eBay’s 11 directors with his nominees. The company rejected the idea. It feels PayPal is important to its long-term growth and makes its auction websites more valuable....
SPDR S&P 500 ETF $179.73 (New York symbol SPY; buy or sell through brokers; www.spdrs.com) holds the stocks in the S&P 500 Index, which consists of 500 major U.S. companies that are chosen based on their market cap, liquidity and industry group.
The index’s highest-weighted stocks are Apple, ExxonMobil, Microsoft, Procter & Gamble, Johnson & Johnson, J.P. Morgan Chase, IBM, Chevron, General Electric, Pfizer, Berkshire Hathaway, Google, AT&T and Wells Fargo. The fund’s expenses are just 0.10% of its assets.
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BOEING CO. $135 (www.boeing.com) is seeing stronger demand for its passenger planes as airlines upgrade their aging fleets with more efficient models. As a result, it has increased its dividend by 50.5%. The new annual rate of $2.92 a share yields 2.2%....
GENERAL ELECTRIC CO. $27 (www.ge.com) has raised its quarterly dividend by 15.8%, to $0.22 a share from $0.19. The new annual rate of $0.88 yields 3.3%. Buy.
Exchange traded funds (ETFs) are set up to mirror the performance of a stock-market index or subindex. They hold a more or less fixed selection of securities that represent the holdings that go into the calculation of the index or sub-index.
ETFs trade on stock exchanges, just like stocks....
ETFs trade on stock exchanges, just like stocks....
GENERAL ELECTRIC CO. $27 (New York symbol GE; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 10.2 billion; Market cap: $275.4 billion; Price-to-sales ratio: 1.9; Dividend yield: 2.8%; TSINetwork Rating: Above Average; www.ge.com) plans to spin off its North American retail finance business as a separate company. This business, part of its GE Capital subsidiary, provides credit card loans through a variety of retailers, such as Wal-Mart and J.C. Penney. It also loans money directly to consumers. GE will hang on the international portion of the retail finance business. The spinoff is part of the company’s plan to cut GE Capital’s assets to half of what they were prior to the 2008 financial crisis....
GENERAL ELECTRIC CO. $27 (New York symbol GE; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 10.2 billion; Market cap: $275.4 billion; Price-to-sales ratio: 1.9; Dividend yield: 2.8%; TSINetwork Rating: Above Average; www.ge.com) plans to spin off its North American retail finance business as a separate company.
This business, part of its GE Capital subsidiary, provides credit card loans through a variety of retailers, such as Wal-Mart and J.C. Penney. It also loans money directly to consumers. GE will hang on the international portion of the retail finance business.
The spinoff is part of the company’s plan to cut GE Capital’s assets to half of what they were prior to the 2008 financial crisis.
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This business, part of its GE Capital subsidiary, provides credit card loans through a variety of retailers, such as Wal-Mart and J.C. Penney. It also loans money directly to consumers. GE will hang on the international portion of the retail finance business.
The spinoff is part of the company’s plan to cut GE Capital’s assets to half of what they were prior to the 2008 financial crisis.
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