Plugged In

Fly Charts: GE's Next Nightmare and Elliott's Power Play

From sunny Spanish bonds to AIG's comeback, here are four charts that tell you what you need to know in business today.
GENERAL ELECTRIC CO
-0.13
As of 12:49 PM EDT
12.76 USD
AMERICAN INTERNATIONAL GROUP
-0.82
As of 12:49 PM EDT
54.39 USD

Good morning! This is Fly Charts, the daily charts-only newsletter from Gadfly; sign up here. From sunny Spanish bonds to AIG's comeback, here are four charts that tell you what you need to know in business today.

More Bad News?

Analysts already expect a gnarly fourth quarter for GE. A potential Alstom write down could make things even worse.

Source: Bloomberg

A Decade On

After a decade largely spent shedding assets, AIG is finally buying again.

Source: Bloomberg

*Deal data doesn't include spin-offs

The Moving Target

Elliott Management Corp. has been killing it in the power sector. Heavily discounted FirstEnergy is a rich new opportunity.

Source: Bloomberg

Note: Peer group is the Bloomberg Intelligence North America Regulated Integrated Utilities Valuation Index.

Prodigal Return

Catalonia who? A strong economic recovery is helping Spanish bond yields stay low.

Source: Bloomberg

And don't miss Sarah Halzack on the broad impact of Amazon Go: "... there's a bright side here for old-school retailers, too: If Amazon Go proves successful, then there's no reason they can't replicate its technological underpinnings and enjoy similar benefits. The possibilities are tantalizing: It could make stores more productive by cutting down on lines. It could help profitability. It could make shopping at physical stores more attractive -- something many retailers have struggled mightily to do amid the rise of e-commerce."

This column does not necessarily reflect the opinion of Bloomberg LP and its owners.

    To contact the author of this story:
    Max Nisen in New York at mnisen@bloomberg.net

    To contact the editor responsible for this story:
    Mark Gongloff at mgongloff1@bloomberg.net

    Before it's here, it's on the Bloomberg Terminal.
    LEARN MORE