If only former CEO Jeff Immelt hadn't gone on a $24 billion spending spree in 2016 and 2017 to buy back GE's (GE) stock — at what turned out to be extremely high prices. The misguided buyback strategy underlines GE's failure to allocate …
If you short-sell a stock, your potential for losses is unlimited. Read:GE CEO warns investors who bet against company’s resolve ‘do so at their own peril’ So the question is, should you buy shares of GE now? The answer is “yes,” according …
General Electric Company (NYSE: GE), one of the worst-performing U.S. blue-chip stocks of the past several years, says it will retroactively reduce its 2016 and 2017 earnings per share by 13 cents and 16 cents, respectively. News of …
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. …
The old saying about a rising tide lifting all boats certainly applied to General Electric Co. (NYSE: GE) stock last week. The Dow Jones industrials index regained all and then some of the prior week’s loss, and GE shares jumped by 5.8% last …
Many of the exiting board members were there for a good part of the past decade (as was former Chief Executive Jeff Immelt, who was replaced by current boss John Flannery last August) — during which GE shares tumbled 56 percent. …
Shares of General Electric GE slumped more than 1.5% in morning trading Thursday, adding to the conglomerate’s recent losses amid a tariff scare that has seen investors ditch major U.S. industrials and importers. GE is now down more …
Here are the top stocks that are likely to be in focus in today's trading session. Watch the video for detailed report
The disposals could cut cash flow by less than $500 million in 2019, but would have no impact in 2018, she said. GE has said it plans to sell its transportation unit, which makes railway locomotives; the iconic lighting division that makes …