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Wednesday, November 25, 
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Entries tagged "GE Capital"

GE third-quarter earnings preview

The conglomerate is expected to earn between 16 cents and 24 cents per share in the third quarter, with the consensus figure at 20 cents.


Roll Call: Big profits for CIT's saviors

A look at some of the must-read news for Wednesday.


General Electric earning preview

General Electric rolls out its second-quarter results on Friday, with all eyes on GE Capital.


Finance Layoffs: GE Capital to lay off 127

The latest round of finance layoffs includes at GE Capital.


GE Capital's silver lining in rating downgrade

The up-front cost of the company's swaps falls as S&P gives the debt a stable outlook.


S&P dims GE's credit rating

After 53 years, General Electric loses its AAA debt rating from S&P, but still has a top notch rating from Moody's.


Distressed Investing 2009: Is DIP financing dead?

The economy has put a squeeze on so many capital markets that the opportunities for debtor-in-possession financing almost seem to be stagnant. At the TMA/The Deal's Distressed Investing Conference in Las Vegas Friday, a panel explored the current trends in DIP financing. Participants in the panel (pictured) included Michael Fixler of CM&D Capital Advisors LLC, Brett Barragate of Jones Day, David Gozdecki of GE Capital, Tiffany Kosch of Bayside Capital and Kevin Philips of Bank of America Corp./Merrill Lynch & Co. ...


Scrutiny sought of latest appeal to Treasury

The Treasury should weigh carefully whether to expand its $700 billion rescue package to include nonbank lenders like GE Capital or CIT Group Inc., say commercial bankers. These types of lenders have asked Treasury to consider capital investments along the lines already in the works for banks and insurers. Nonbank commercial lenders do not collect deposits but do compete with banks for corporate borrowers. ...


GE behaves like a bank for the SEC, ratings agencies

General Electric Co., the subject of criticism in some circles over its inclusion in the financials-heavy Securities and Exchange Commission do-not-short list, did its best impression of a bank on Thursday, cutting its quarterly forecast and suspending its share buyback citing financial market woes....


Bennigan's may face bankruptcy

Billionaire John Kluge's Metromedia Restaurant Group, owner of Bennigan's, Ponderosa and Steak and Ale, is in talks with its lender to save itself from bankruptcy, The Wall Street Journal is reporting....



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REIT IPO deja vu

Real estate sponsors that might wish to undertake an IPO will need to consider a wide variety of issues and begin to take action long before the first filing with the SEC.


Industry Insight

Loan-to-buy

Paulson's proposal to purchase an equity stake in Yellow Pages publisher Idearc is the second time in recent months an investor group has used its prepetition debt position to execute a bargain price 'exit LBO.'


Industry Insight

Managing your shareholder base

Growth companies and their PE sponsors should be wary of the pitfalls that arise when they layer on tiers of preferred stock.



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