General Electric Company

General Electric (GE) managed to "beat" expectations for the first quarter, although expectations were very low and investors were simply relieved that the company did not again come up with new negative surprises. Comforting were the words from Mr. Flannery who has been dealt a more than bad hand, ...

Shares of General Electric (GE - Get Report) are surging after the struggling industrial giant beat analysts' reduced expectations. Is the power finally back on at GE, or is this iconic name about to run out of juice? Our columnists Bob Lang and Chris Versace blogged about the earnings and the stock's rise.

General Electric met with the Department of Justice last month to discuss the ongoing investigation into its now defunct WMC mortgage business, the company revealed during its earnings report Friday. The industrial conglomerate set aside $1.5 billion of reserves for a potential legal settlement in ...

General Electric reaffirms 2018 guidance. 18 Hours Ago. CNBC's Morgan Brennan reports on General Electric's recent earnings report and an interview with the company's CFO. Watch CNBC Live TV ...

General Electric is in discussions to sell its rail business to Wabtec, according to multiple reports Friday. Shares of Wabtec rose more than 6 percent in trading Friday. The industrial conglomerate's transportation business is valued at about $7 billion, with GE examining multiple ways to offload the division.

General Electric reported first-quarter earnings Friday that outpaced Wall Street expectations and reaffirmed its financial outlook for the year. Shares of GE rose as high as 7 percent in early trading, before sliding to trade 3 percent up on the day. Earnings in the latest period were fueled by strong ...

Wall Street: No turnaround yet for General Electric despite earnings boost. General Electric shares rose after the Dow component beat first-quarter earnings and revenue expectations. But analysts are not convinced this is a turnaround for GE's stock. Even those on Wall Street saying GE's results were ...

General Electric's earnings report are due out Friday morning, and as far as I'm concerned, it's the only thing of interest on the earnings calendar. GE is an interesting story, depending on how you look at it. The stock may be a fallen angel — with the potential to see a bit of relief — or the mangiest dog of the ...

General Electric (GE -2.4%) agrees to sell certain information technology assets in its health care business to P-E firm Veritas Capital for $1.05B. The sale of the revenue cycle, ambulatory care and workforce management software units will enable GE “to further revitalize our product portfolio and pursue ...

Shares of General Electric Co (GE) ended the trading day Monday at $13.12, representing a move of -2.67%, or $0.36 per share, on volume of 71.54 million shares. General Electric Co is a digital industrial company. It operates in various segments, including power and water, oil and gas, energy ...

General Electric has spun out part of its health care business, selling the Value-Based Care Division for $1.05 billion to private equity firm Veritas Capital. The Boston-based company announced the plan Monday afternoon, bringing GE's (NYSE: GE) Enterprise Financial Management, Ambulatory Care ...

The debate about what Jack Welch and Jeff Immelt did to General Electric (NYSE:GE) was bound to pick up. And so it has, as noted business pundit Joe Nocera writes in Bloomberg View "Don't Blame Jeff Immelt for GE's Stock Woes." Mr. Nocera's interesting conclusion: what supporters of Jack Welch ...

For all intents and purposes, the dividend "story" with General Electric (GE) is over. Not only did GE cut its dividend during the depths of the Great Recession a number of years ago, perhaps a forgivable event, but the latest slashing of the payout November 2017 is just hard to accept. We don't think GE will ...

One trader after another passed it on, irrespective of whether there's any truth to it: Warren Buffett, they said they had been told, was apparently interested in buying a stake in General Electric Co. Hours later, there's still zero indication that the speculation is anything beyond just that, but the market reaction ...

Shares of General Electric dropped below $13 in Monday trading. The company's stock fell as far as $12.86, the lowest level since July 2009. Pressure on GE has not let up this year, with the stock sliding more than 25 percent after a dismal 2017 saw company shares slide 42 percent. In the midst of a ...

March 26, 2018: Here are four stocks trading with heavy volume among 201 equities making new 52-week lows in Monday's session. On the NYSE advancers led decliners by about 4 to 1 and on the Nasdaq, advancers led decliners by about 7 to 3. General Electric Co. (NYSE: GE) traded down about 1.8% ...

GE is the worst performer on the Dow Jones Industrial Average this year, a position it occupied last year as well. Richard Drew. by. General Electric jumped the most in two years amid speculation that Warren Buffett will buy a stake in the beleaguered manufacturer. The sudden increase is because of ...

Despite a quiet news day for General Electric, shares popped higher than 6% during early morning trading after Monday brought investors new lows. ... Shares of General Electric (NYSE:GE), an industrial juggernaut operating in seven separate businesses as well as its GE Capital division, are climbing ...

U.S. stock futures are pointed sharply higher this morning. The major market indices are on track to extend yesterday's rebound, which saw the Dow Jones Industrial Average gain 669 points. stock market today Easing fears of a trade war are helping to drive stocks higher. Yesterday, Treasury Secretary ...

NEW YORK — General Electric's shares continued to decline on Monday, even as the broader market rallied. The stock fell as much as 2.1 percent, extending last week's 8.7 percent slump, to its lowest in almost nine years, before closing down 1.38 percent at $12.89. The 126-year-old conglomerate stood ...

Over the past ten years or so, we saw General Electric struggle to get rid of the financial divisions. General Electric was an industrial company, we were told, and not a financial conglomerate. General Electric needed to dump its financial divisions so that it could focus solely on its industrial business.

In the absence of positive news, the company's stock fell as far as $12.86, the lowest level since July 2009. Pressure on GE has not let up this year, with the stock sliding more than 25 percent. A dismal 2017 saw company shares slide 42 percent. GE lagged far behind the rest of the Dow Jones industrial ...

Being one of oldest industrial companies in the world, General Electric (NYSE:GE) scores high when it comes to reputation. However, recent events such as the slash of the paid dividend, the downgrade by JPMorgan Chase, and the imposition of fines by the SEC made its shares underperform compared to ...

Shares of General Electric Co. fell on Thursday, extending a decline that has taken the stock to multiyear lows and set it up for its 13th straight monthly drop. The stock GE, -1.46% fell 2% to $13.45, bringing its month-to-date drop to 5%. March is just the latest in a lengthy stretch of monthly declines; GE ...

Warren Buffett may come to the rescue of General Electric once again, according to one Wall Street firm. RBC Capital Markets analyzed whether it made sense for Buffett to invest in GE at these levels. General Electric's stock rose 4.3 percent Tuesday amid unsubstantiated speculation that the Oracle of ...

General Electric has widely underperformed my return expectations, also dramatically underperformed the DJIA which reached new highs earlier this year. General Electric has a cash flow problem which the industrial company is confronting head on. GE will save ~$4 billion in cash this year based on its ...

Breaking up General Electric may unlock more value than previously estimated, Melius Research analysts wrote in a note Friday. Previous analysis of GE's individual businesses cast doubt on the benefit from a breakup. Melius finds that spinoffs from U.S. industrial companies return twice the value of the ...