Capital Expenditures

GE Slashes 12,000 Jobs In Troubled Global Power Business

A day after labor unions warned that General Electric was planning thousands of job cuts in its troubled power-generation unit, GE confirmed that it’s planning to cut 12,000 jobs globally in its power business as the company’s new leadership tries to revive the company’s moribund stock price...

Tesla Burns A Record $16 Million Per Day

Despite pushing back its Model 3 forecast, Tesla continued to burn unseen amounts of cash, and in the third quarter it outdid itself again, with a record cash burn of $1.4 billion - or roughly $16  million per day: an unprecedented amount.

This Will Be The Biggest Buyer Of Stocks In 2018

Corporate buybacks will drive US equity demand in 2018. Corporate equity demand will rise by 3% to $590 billion next year. Increased authorizations and high cash balances should more than offset headwinds to buybacks from high valuations...