All Posts Tagged With: "General Electric"
General Electric Earnings Disappoint and Scare Wall Street
General Electic issued an earnings report for the first quarter on Friday which scared Wall Street and helped to send the DOW 252 points lower.
“Today’s announcement from GE is not typical of the company. It rarely lowers guidance and rarely misses its forecasts. But not this time. That is what is so scary.” - Andrew Snyder
By: Andrew Snyder
Baltimore (TFN)– You do not think the credit crisis is over just like that? A few weeks of ups and downs, some presses releases, and some rule changes and the economy is fixed. Get real. This mess is just getting started.
12Apr2008 | taipan | 0 comments | Continued