NEW YORK (CNNMoney) - Warren Buffett has had enough of GE. Buffett's investment company, Berkshire Hathaway, dropped its remaining 10.6 million shares of General Electric sometime in the second quarter, according to a …
NEW YORK (AP) — General Electric’s Jeff Immelt is stepping down after 16 years as CEO of the iconic conglomerate, having succeeded in repositioning the company as a producer of large industrial products but failing to fully revive its …
BOSTON (Reuters) - General Electric Co said on Thursday it will stop paying its senior executives dividends on stock awards that have not yet vested, after investors urged the company to end the long-held perk. The move, which affects …
FAIRFIELD, Conn. -- General Electric Co. said yesterday that it plans to split its stock 2-for-1, increase its dividend …
General Electric Co.’s stock fell 2.18 percent yesterday after the Boston-based industrial giant reported fourth-quarter revenue that continued to be challenged by an oil market slump and missed Wall Street forecasts.
General Electric, citing “recent dramatic developments in the financial markets,” said Thursday that it cut its third-quarter and full year forecast and halted its stock-buyback plans. The industrial conglomerate said in a news release that it was ...