NEW YORK (Reuters) - Concern among investors that General Electric Co 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 Wednesday. …
NEW YORK — 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 lagging …
NEW YORK — Industrial and technology companies and retailers all stumbled Monday as U.S. stocks began the week with losses. General Electric suffered its worst one-day loss in six years following downgrades from analysts. GE's
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. General Electric's third-quarter profit dropped and missed …
Get access to the best calls on Wall Street with StreetInsider.com's Ratings Insider Elite. Get your Free Trial here. General Electric Company (“GE”) announced its intention to conduct exchange offers pursuant to which GE will offer to …
General Electric on Friday reported a steep drop in profit, missing consensus estimates by 20 cents per share and sending its stock sharply lower in premarket trading. GE reported adjusted profit of 29 cents a share compared with the 49 …
After what must have seemed like an eternity of consolidation for General Electric Company (NYSE: GE) traders, the stock seems to have finally made its first definitive move in over a month. The bad news for GE bulls is that the move is to the …
While GE credits Immelt with improving its financial performance and its focus, GE’s stock price has trailed the market with him as CEO. The stock was worth a bit less than $40 on Immelt’s first day in 2001, with the U.S. in the middle of a …
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