Bonds ETFs Soar As Economic Data Weakens Equities Tuesday, August 31, 3:45 PM ET, by Market News Video Staff Over the last several months, a slew of disappointing economic data has caused investors to ...
Three ETFs to Benefit If Citigroup Is Right Wednesday, September 15, 10:05 AM ET, by Market News Video Staff This morning, Citigroup initiated coverage on shares of General Electric (GE) with a Buy rating ...
Caterpillar To Increase Prices Worldwide Thursday, September 30, 7:51 PM ET, by Market News Video Staff Dow component Caterpillar (CAT) announced on Thursday that it will be raising its prices by ...
By Makret News Video Staff, Thursday, November 11, 2:07 PM ET
General Electric to Buy 25,000 Electric Cars
Symbols: GE, XLI, UTX, UPS, MMM
General Electric said today it plans to buy 25,000 electric vehicles by 2015 for its own fleet and its Capital Fleet Services business. GE will initially purchase 12,000 vehicles from General Motors, including the Chevy Volt in 2011, and add vehicles as other manufacturers expand with more electric offerings. GE noted it is in a strong position to help deploy the supporting infrastructure for electric cars, including charging stations, circuit protection equipment and transformers.
GE shares are trading lower with the general markets Thursday, off 1.3% so far.
GE is the top holding of the Industrial Select Sector SPDR Fund (AMEX:XLI) at 10.34% of the portfolio. United Technologies (NYSE:UTX) is the second-largest holding, at 5.81% of the fund, followed by UPS (NYSE:UPS) at 5.46% and 3M (NYSE:MMM) at 5.02%.
The ETF Channel Flexible Growth Investment Portfolio is designed to seek growth for investors — anywhere and everywhere. The key to the program is our portfolio strategy allows us complete flexibility in terms of asset allocation as there are no predetermined guidelines as to the level of stocks, bonds, cash, regions, countries, sectors, commodities, or even asset classes in the portfolio! In short, this is a completely flexible portfolio designed to follow the performance trail wherever it leads us.
This Article's Word Cloud:AMEXCHANNELCapitalElectricFleetGeneralINVESTMENTIndustrialInvestmentNYSEPORTFOLIOPortfolioSectorSelectSymbolsUnitedVoltallowsassetbondsbusinesscircuitclassescompletelycountriesdesignedelectricequipmentfleetfollowedgrowthholdingincludinginfrastructureinitiallylargestlowerportfoliopositionprotectionsharesshortstationsstockssupportingtermstheretransformersvehicleswith
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.
Learn About The 200 Day Moving Average
Week Ahead Market Report: May 21, 2012
Monday Sector Leaders: Precious Metals, Auto Parts
Monday Sector Leaders: Precious Metals, Auto Parts
Monday 5/21 Insider Buying Report: PAA, HEK
Monday Sector Laggards: Agriculture & Farm Products, Food Stocks
