GE stock nosedived another 7% on Monday, its worst day since April 2009, after new CEO John Flannery detailed his turnaround vision. Flannery warned that 2018 will be difficult, dubbing it a "reset year for us." That's not exactly music to …
GE, still a staple in investment portfolios, has plummeted 42% this year. The stock crashed to a six-year low last week after the company admitted it can no longer …
General Electric Co's shares drifted lower for a second straight day on Tuesday after investors wondered if a massive overhaul by new Chief Executive John Flannery to save billions and make the conglomerate smaller was enough to …
On November 13, General Electric held its first investor day under new CEO John Flannery. During the event, Flannery revealed plans for the 125-year-old company to undergo intensive restructuring, which sent the stock price down roughly …
Deutsche Bank analyst John Inch issued a $15 price target on General Electric (GE) shares, down from $18 previously. The stock trades at roughly $18 a share. "I said on-air -- I don't know if you want to work at GE after reading this report," …
Meantime, the stock’s dividend yield kept climbing, to more than 5%, as its stock price continued to fall. (Related: GE’s Big Cut Is a Warning for Dividend Stock
On Monday, U.S. industrial giant General Electric (NYSE: GE) held an investor day event at which new CEO John Flannery unveiled his strategy for the company. The stakes were high, as GE released a terrible earnings report last …
(Reuters) - General Electric Co’s (GE.N) shares drifted lower for a second straight day on Tuesday after investors wondered if a massive overhaul by new Chief Executive John Flannery to save billions and make the conglomerate …