During my daily routine of reading news articles, I came across this one about Britain’s exit from the European Union and was wondering:
What is the difference between the UK and Great Britain:
This map from Brilliant Maps does a great job explaining this.
So basically Great Britain is considered the main island minus Northern Ireland, while the UK is the island of Great Britain and the north-eastern part of the island of Ireland.
It got also me thinking, what is the difference between the Republic of Ireland and Northern Ireland, which is considered part of the United Kingdom?
– approximately 90 years ago (1921) Ireland split into two after people living there went to war against the British rulers
– the south become a separate state called the Republic of Ireland
– the north had two sides made up of two sides (Catholic/Protestant), one that believe in a united, independent Ireland, while the latter think they should stay as part of the United Kingdom
– the Good Friday Agreement/Belfast Agreement states that if the majority of the population of both Northern Ireland and the Republic of Ireland wants the status to change, the UK is bound to change the status of Northern Ireland to a unite Ireland
This article talked about how GE, General Electric Company was cutting the stock dividend in half which is a pretty bad thing for investors and the company itself.
= a cash payment from a company’s earnings which is distributed among its stockholders
– earnings can either be reinvested in the company in the hopes of creating even more profits or distribute the portion of the profits to shareholders (dividends)
– meant to keep shareholders around
What is worrying for investors in this article is that GE is struggling and is cutting out major divisions of the company at the same time that they decrease the dividend payout. A company will typically do this to parts of the company that are not making as much money as they’d like. Another problem is because they’re struggling, and have to pay less in their dividends, it makes it harder to convince investors in keeping their stock (which is indicated by their recent plummeting stock price).
The below shows the stock price of GE today, the past 3 months, year and 3 years. I love tracking stocks, in a week, a stock may appear to be super volatile, but over the course of three years, it may not seem that bad. In GE’s case, with proper management of their company, it actually might be a good time to buy their stock in the hopes that they turn the company around and it (company and stock) becomes more valuable again. But the stock may still be heading lower for the next long while until they post some good news (increased profits/success).
Basically a big dip in the morning, and evens out around 1:30 …
The past 3 months:
Hovering around 24$, until November in which there is a steep drop.
The past year:
Slowly declining from ~$30
The past 3 years:
Every six months, there is a rather big dip, but then it ‘typically stayed around the $27.50 range.
Charts from MarketWatch
The article talked about how GE was looking to get rid of 20 billion dollars worth of businesses in the next year or two including their transportation division and their iconic light bulb business. So once again, a few thoughts that came to mind:
What other businesses has GE gotten rid of:
– real estate portfolio
– dishwasher and appliance businesses
– media properties NBC & Universal Studios
– water business
– the unit that makes electrical equipment for utilities
What types of businesses is GE concentrating on?
– modern industrial company that sells things like jet engines, power plants and MRI machines
– so (possibly) selling to other large companies/governments instead of the general consumer