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 …
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, …
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 …
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 …
General Electric Company (NYSE:GE) stock is one of the least popular large-cap issues in the entire market right now. Investors are bailing: GE stock has declined 22% year-to-date, making it the worst performer in the Dow Jones index. …
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 …
These Fairfield, Conn. guys will do anything. Shares of General Electric (GE) rose 1% Friday and hit a 52-week high. The stock is now up nearly 30% this year, making it the third-best performer in the Dow Jones Industrial Average for 2012. …