General Electric May Lower GE Capital Profit Forecast After S&P Downgrade

Discussion in 'Stocks' started by ByLoSellHi, Mar 13, 2009.

  1. Isn't it lovely how Wall Street works?

    March 13 (Bloomberg) -- General Electric Co. may reduce its 2009 profit target for GE Capital after Standard & Poor’s lowered debt ratings and predicted “considerably weaker” results for the finance arm.

    “It is clear management’s outlook remains substantially too optimistic,” Citigroup Inc. analyst Jeffrey Sprague wrote in a note to clients....

  2. Citigroup Inc. analyst

    ummm ... hmmm.

    Citigroup still has analysts ?

    Analyze this ....