NEW YORK (AP) — 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 …
GE is one of the most unloved blue chip stocks. Almost anywhere you read a GE article on the internet, commentators are quick to rip into CEO Jeff Immelt, the company’s poor capital allocation decisions, the dividend cut during the financial …
Fresh off the completed acquisition of LM Wind Power, General Electric Company (NYSE:GE) stock is climbing. At last check, shares of the industrial conglomerate had muscled 1.6% higher to trade at $30.48, ahead of tomorrow morning's …
WASHINGTON (AP) — General Electric Co. was long trusted as the gold standard of safe investing. Retirees loved its dividend — which hadn’t been cut since the Great Depression — and cautious stock pickers admired its arsenal of …
NEW YORK (CNNMoney) - Warren Buffett has had enough of GE. Buffett's investment company, Berkshire Hathaway, dropped its remaining 10.6 million shares of General Electric sometime in the second quarter, according to a regulatory …
GE's stock has dropped to a two-year low after a J.P. Morgan analyst expressed concerns about growth. The fall has worsened GE's market slump, triggered by lasting problems with its Predix software. Predix is supposed to be a …
GE Shares are buoyant after Bernstein Research analysts raised earnings estimates for GE by four to seven cents and upped its price target for the stock to $20. The reason for the upgrade? Improvement in the credit trends that have …