Stamford, CT -- (SBWIRE) -- 04/26/2013 -- OTC Stock Picks is engaged in providing the most up to date and useful information on Best Penny Stocks poised to breakout. Our newsletter alerts the market with picks that Wall Street stock traders have ignored or haven’t found out about yet. These are the awesome penny stocks that the ‘underground penny stock experts’ brag about in our penny stock blogs. Here are some trending Stocks in focus: General Electric (NYSE:GE)and Verizon Communications Inc (NYSE:VZ)
General Electric(NYSE:GE)’s financial arm is currently engaged in tearing down links with gun dealers, who are busy in spreading violence in the country. The company has stopping financial support for more than75 gun dealers throughout the US. The electric company has responded to the massacre that took place at a school and resulted in deaths of 20 schoolchildren and six teachers and administrators.
The terminal month shootings of last year, have been serving as a hot topic of the debate among various social circles of the country, where majority of the groups are supposedly supporting the idea of abolishing gunship culture in the community as soon as possible. In addition, the Connecticut Governor Dannel Malloy, sanctioned a bill that bans increasingly troubling sales of the firearms openly.
What GE Charts Are Signaling for Traders? Find Out Here
The bill also suggested the magazine companies not to print ammo based images on their front-covers, as they promote violence and other similar problems in the society. The GE Capital has recently decided to evaluate things, which are currently going on in the market. According to spokesman Russell Wilkerson, the company has already eliminated all ties with firearms providers during 2008.
GE Capital said the change in its policy won’t hurt have a material effect on sales. The change doesn’t affect financing of guns purchased at stores like Wal-Mart, which sell more than just weapons.
Verizon Communications Inc (NYSE:VZ) on the other hand, is busy in developing $100billion deal in order to acquire a joint venture, Verizon Wireless from Vodafone Group (NASDAQ:VOD).
Should VZ a Buy or Sell Now? Find Out Here
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