Friday Morning's Top Stories (GE, BAC, RIMM, MS)

Los Angelas, CA -- (SBWIRE) -- 01/18/2013 -- General Electric Company (NYSE:GE) jumped before market trading on Friday after it declared that its net income surged 8% in the Q4 as earnings at all of the conglomerate’s industrial segments better due to growth in rising economies. The firm disclosed that its net income of $4B on Friday on revenue of $39.3B for the quarter. Previous year during the similar quarter, the firm generated $3.7B on sales of $38B. EPS moved up to 38 cents from 35 cents previous year.

Can GE Extend This Massive Gain? Find Out Here

Bank of America Corporation (NYSE:BAC) is +0.02 at $11.30, with 1,336,846 shares traded. Over the last four weeks they have had 5 up revisions for the earnings forecast, for the fiscal quarter ending Mar 2013. The consensus EPS forecast is $0.21. BAC's current last sale is 86.92% of the target price of $13.

Where Is Bank of America Headed Exactly After Achieving This Milestone? Find Out Here

Research in Motion Limited (NASDAQ:RIMM) is +1 at $15.91, with 1,143,930 shares traded. Over the last four weeks they have had 8 up revisions for the earnings forecast, for the fiscal quarter ending Feb 2013. The consensus EPS forecast is $-0.29. RIMM's current last sale is 159.1% of the target price of $10.

Can RIMM Continue To Move Higher? Find Out Here

Morgan Stanley (NYSE:MS) is currently trading at $20.19 up 1.0% in pre-market on 7000 shares traded. MS's RSI is currently at 73.88 which indicates that the stock is overbought. MS is trading 15.50% above its 50 day moving average and 29.08% above its 200 day moving average. MS is -1.14% below its 52-week high and 70.35% above its 52-week low.

Will the MS split boost share price among huge volatility? Find Out Here

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