Fly Charts: Hedge Fund Letdowns and Bad Buyback Timing
Good morning! This is Fly Charts, the daily charts-only newsletter from Gadfly; sign up here. From a misleading signal in Britain to oil simplification, here are four charts that tell you what you need to know in business today.
And don't miss Brooke Sutherland on GE's continuing communication problems: "Grappling with a plunging stock price, a broken reputation and struggling businesses, new CEO John Flannery has pledged to be more transparent and straightforward about General Electric Co.'s challenges than his predecessor Jeff Immelt. It's a low bar, but Flannery's still got some kinks to work out as far as his communications with investors. And his credibility is the last thing he can afford to lose."
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