According to Reuters, investors in GE (GE) are still worried that the stock will not recover to its highs of last year.
Reuters reports that Madoff pleaded guilty of 11 charges of fraud.
Reuters reports that US lawmakers are looking at pay for performance legislation which would apply to corporate executives.
Reuters reports that China’s premier said that the nation’s growth target would be hard to meet.
Reuters reports that Citigroup (C) will nominate new board members.
Reuters reports that GM (GE) would survive March with no US aid.
Reuters reports that many Americans remain optimistic even in the recession according to a poll.
Reuters writes that the chairman of Citigroup (C) says the company does not need more government capital.
Reuters reports that China says it can spend more to help its economy.
Reuters reports that Fitch cut its top ranking on Berkshire Hathaway (BRK).
Reuters reports that Time Warner (TWX) named a new head for AOL.
Reuters reports that News Corp (NWS) restructured its Fox division.
The Wall Street Journal reports that Americans lost 18% of their net worths last year.
The Wall Street Journal reports that Cuomo and some members of Congress are looking at regulating long-term pay for Wall St. managements.
The Wall Street Journal reports that China expressed concerns over US Treasuries and urged Washington to do more to help the economy.
The Wall Street Journal reports that retail sales ticked up slightly last month.
The Wall Street Journal reports that IBM (IBM) is getting into water ventures.
The Wall Street Journal reports that grain prices are down but grocery prices are not.
The Wall Street Journal reports that Obama said he is open to cutting corporate income tax rates.
The Wall Street Journal reports that GE (GE) lost its AAA rating.
The Wall Street Journal reports that Apple (AAPL) will preview new iPhone software.
The Wall Street Journal reports that the head of Sirius (SIRI) says “doom and gloom” hurt that company.
The Wall Street Journal reports that consumer spending is starting to stabilize.
The Wall Street Journal reports that venture capitalists are starting to invest in distressed debt and public companies.
The Wall Street Journal reports that an activist investor is trying to replace directors at Bank of America (BAC).
The Wall Street Journal reports that Japanese insurance companies are rushing to consolidate.
The Wall Street Journal reports that Six Flags has hired bankruptcy counsel.
The Wall Street Journal reports that Icahn raised his bid to get control of Lions Gate.
The Wall Street Journal reports that car registration in Europe dropped sharply.
The New York Times reports that Europe’s way of encouraging solar power is being adopted in the US.
The New York Times reports that BMW and VW reported results that show the difficulties car companies face.
The FT reports that Jack Welch says there is too much focus on short term share prices.
The FT reports that Bank of America (BAC) said it would make money this year.
Bloomberg reports that Berkshire Hathaway was approached by AIG (AIG) for help before the government stepped in.
Bloomberg reports the European car makers find that a $3.8 billion aid package is falling short.
Douglas A. McIntyre
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