General Electric Co.’s stock fell 2.18 percent yesterday after the Boston-based industrial giant reported fourth-quarter revenue that continued to be challenged by an oil market slump and missed Wall Street forecasts.
General Electric (NYSE: GE) stock skid Friday to its lowest level in 19 months after the company saw a 12 percent drop in revenue from a year earlier. It was GE's final quarterly earnings report before John Flannery replaces Jeff Immelt …
"I think the strongest thing GE has is depth of management." Yesterday its stock rose $3.25 to $102.50 in trading of 4.2 …
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 …
NEW YORK (Reuters) - Two weeks after General Electric Co's <GE.N> new chief executive vowed to shed $20 billion of assets, a shareholder has sued the company for failing to divulge its problems sooner and posting quarterly results that …
With its stock in free-fall today, despite Friday's 68% dividend cut, General Electric (NYSE: GE) must have sent out an All Points Bulletin (APB) to executives telling them to buy as much stock as they could. Four GE executives did disclose …
General Electric Co. (GE) will take an after-tax charge of $6.2 billion in its fourth quarter results as part of comprehensive review of its finance arm's insurance portfolio. The after-tax charge will be $7.5 billion when adjusted to the rate following ...
To emphasize that point, just 120 locomotives were produced in the second quarter by GE Transportation ... Shares of the company's stock took their deepest plunge in almost two years Friday after the earnings report. The stock was off …
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New York: General Electric Co’s new boss has barely uttered a word in public during his first two months on the job. But he’s already sending signals that his tenure could bring one of the most sweeping makeovers in the company’s 125 …
The deal between Comcast (CMCSA) and General Electric (GE) is pretty much a done deal. This gives the cable giant a controlling stake in the NBC Universal media empire. The deal will likely be a boon to GE as the company gets up off …