Iconic industrial giant General Electric Company (NYSE:GE) provides a perfectly unfortunate case study for learning when to quit. This tough lesson is particularly relevant in the markets as things can go from bad to worse in a heartbeat. GE stock, a ...
Yahoo Sports · 8mon
General Electric Co. 's Jeff Immelt is stepping down after 16 years as chief executive of the giant conglomerate, having succeeded in repositioning the company as a producer of large industrial products but failed to fully revive its lagging stock price.
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 Wednesday. The shares ...
Reuters · 7mon
Dear JS: Last June, Jeff "Big Melt" Immelt, who took control of General Electric (GE-$18.47) from the iconic Jack Welch just before 9/11, announced he'd be stepping down as CEO. Good! He's been replaced by John Flannery, a 30-year GE veteran who ran the ...
NewsOK · 4mon
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 past 26,000 ...
Fox2Now · 3mon
Facing hurdles from poor cash flows to slumping power-generation markets, GE is by far the biggest loser on the Dow ... By 11 am Tuesday, the stock was off another 1 percent to $22.05. The maker of jet engines and gas turbines reported adjusted profit ...
philly.com · 6mon
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 stock price.
TribLIVE.com · 11mon
When recently retired Chief Executive Jeff Immelt took over at the helm of GE in September 2001, the conglomerate was the most valuable U.S. publicly traded company, giving it outsized influence on the stock market. In the years since, its annual net ...
Reuters · 7mon
During 2017, shares of aircraft manufacturing giant Boeing (NYSE: BA) surged 90%, lifted by rising free cash flow and a resurgence in aircraft orders following a downturn in 2016. This made it easily the biggest gainer in the Dow. At the other end of the ...