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 …
NWI1mon
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 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 …
General Electric reported third-quarter results this morning, and you can read about how GE loved its numbers here. The market, however, doesn’t like the numbers: Profits were down 18%, sales off 5%. GE’s stock is down about 2.6% in …
Stock in General Electric, once one of the world's most respected companies, has suffered a historic 69% nose dive in the past six months that no one publicly predicted. With the possible exception of Bill O'Reilly. The host of Fox News …
Ask 10 people what General Electric Co shares are worth and you are liable to hear 10 different answers. Now that Standard & Poor's has stripped GE of its AAA credit rating and switched its outlook to "stable," some of the uncertainty …
BUCYRUS - GE posted impressive financial numbers for the fourth quarter of last year, but they failed to impress investors on Wall Street. General Electric's stock attained a 52-week high late last year of $31.28, but the stock has only sagged …
BOSTON (Reuters) - General Electric Co said on Thursday it will stop paying its senior executives dividends on stock awards that have not yet vested, after investors urged the company to end the long-held perk. The move, which affects …
In this Monday, April 4, 2016, file photo, General Electric CEO Jeff Immelt speaks during a news conference in Boston, held to unveil more details about GE's move to the city, pledging to spend $50 million on a series of initiatives in …