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GE Joins Boeing in Pension Freeze, Stock Falls

On October 7, GE (GE) announced a freeze on the pensions of 20,000 full-time employees to meet regulatory and financial targets. The company is also freezing supplementary benefits for 700 employees and offering a one-time payment option to 100,000 former employees. Together, these moves are expected to reduce GE’s pension …

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Apple: The Forever Rally

In Monday trading, shares of technology giant Apple (AAPL) set a new all-time high above $240 a share. This came after the company got a new Street high $280 price target from an analyst at Raymond James, citing optimism regarding the current iPhone line as well as the potential of …

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The FCA invites public to share thoughts on regulation

The FCA has invited people to share their thoughts and ideas regarding regulation. The regulator has said it will also set out its own ideas and publish detailed papers; including an analysis of future market dynamics, a discussion paper about its principles, and a consultation paper on the duty of …

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Tesla Reports Earnings Tomorrow. Here’s What to Expect.

Photograph by Vlad Tchompalov Tesla stock has been on a roll since late August, up nearly 20%. The electric car maker’s next test comes on Wednesday evening, when it reports third-quarter earnings after the market closes. Investors will be looking for updates on demand for Tesla’s vehicles and progress on …

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