Can someone please explain what is going on with AER and AIG? Is AER required to pay AIG more than the current share price? Is the fact that AIG wants to sell a large number of shares a temporary risk to the share price? Does AER have to borrow money to buy the shares and therefore increase their debt risk?
Good to see GE holding up well in down markets. If we get a rally day, GE should hit $27.50 or so. Barring big negative world macro events, GE will be in the mid 30's by 2017. With the strong dividend, it is a clear strong buy IMHO. Strengthening Euro will help also.
AR....agreed. They better show some improvement. I voted for all the directors except McKnight. He ruined the company with the Rosignol purchase (among other failures) and it is painful to see him making $1 Million salary plus much more
Not that most of you would be interested but GE is moving up nicely. If oil prices go back up a bit, GE will hit 30 by the end of this year. Definitely the most undervalued stock in the Dow when you consider the dividend. Can understand why so many people hate the stock (I have been frustrated also0....but I think now is the time for good things again.