"When will the bad news end?" Winoker asked in a report on Tuesday. Related: GE missed the stock market boom -- by a mile GE declined to comment. CEO John Flannery promised last week to "move with purpose to reshape GE." The …
Sources say he plans to reduce staff, although Predix, GE’s platform for the Industrial Internet of Things (IoT), will be exempt. Activist pressure: Sometimes when a trusted blue-chip stock underperforms and disappoints shareholders, an …
GE finished the year down by 44%, one of its worst years on record. The overly pessimistic sentiment has market participants greatly undervaluing the company. The bad news is factored into the stock, and future news flow is likely to …
Last summer, General Electric (NYSE: GE) began a thorough review of its insurance obligations -- a legacy of its once-massive GE Capital business -- because of higher-than-expected claims on an old long-term-care reinsurance portfolio. …
General Electric Company (NYSE: GE) is flirting with new multi-year lows as investors now have less clarity than ever about where the company is headed next. Investors hoping for a fresh start this year after a disastrous 2017 were …
1. GE’s downfall: Almost everything is going up on Wall Street these days. But not General Electric. It’s stunning to see GE, one of America’s most storied companies, left far behind the roaring stock market. While the Dow was cruising …
General Electric's ( GE) stock has declined nearly 10% since the start of the year, significantly underperforming compared to the broader market. Goldman Sachs also downgraded GE recently, stating that the company may be forced to cut …
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