Its' been a long, tough slog for owners of General Electric stock. The stock for one of the world's largest conglomerates was trading in the neighborhood of almost $42 in the pre-recession days of October 2007. The company's stock price, …
FAIRFIELD, Conn. — General Electric Co. on Friday set a 3-for-1 stock split and raised its quarterly dividend 17%, signaling strong confidence about growth and exceeding Wall Street's expectations. The company, which makes an …
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 filing. As of June, Buffett’s …
That was below GE's closing share price of $24.50 on Thursday. GE also plans to sell at least $12 billion worth of common stock to the public. Like the Goldman Sachs deal, both sides will benefit, said Morningstar analyst Justin Fuller. "I …
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 (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 …
Despite the improvement in oil prices last month, though, analysts weren't yet sure what to make of the company created by merging GE's oil and gas business with Baker Hughes. Evercore ISI, on the one hand, thought that two recent …
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GE had been paying dividends on unvested restricted stock for years. But the company was not able to say when the practice began. While GE and other companies move away from paying dividends on unvested stock, Apple Inc …