General Electric's third-quarter profit missed Wall Street estimates by a wide margin and the company slashed its earnings forecast, sending its stock down. Fred Katayama reports.
Shares of General Electric (NYSE: GE) have plummeted by more than 40% this year, as the industrial conglomerate has slashed its earnings guidance and cut its dividend in half. Plenty of ink has been spilled regarding various management …
What's your view on GE Capital Transportation Financial Services Ltd for the week?
NEW YORK (Reuters) - Two weeks after General Electric Co's <GE.N> new chief executive vowed to shed $20 billion of assets, a shareholder has sued the company for failing to divulge its problems sooner and posting quarterly results that …
General Electric Co. slashed its 2017 profit forecast as its new boss grapples with one of the deepest slumps in the beleaguered manufacturer’s history. The revision underscores the severity of the challenges facing Chief Executive …
Stop me if you’ve heard this one before: General Electric Co. is falling today. After plunging 6.3 percent Monday, the stock slid 1.9 percent Tuesday for the biggest two-day drop since the recession. It was down another 1 percent early …
It has been a tough week for two major American businesses: General Electric and United Airlines. GE saw its shares drop around 8 percent on Thursday after third-quarter earnings came out. The stock price of United Airlines also dropped …
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NEW YORK (Reuters) - Concern among investors that General Electric Co (GE.N) may not generate enough cash this year to fully cover its dividend and other promised spending sent its stock to its lowest level in more than four years on …