Shares of General Electric (NYSE: GE) have plummeted by more than 40% this year, as the industrial conglomerate has slashed its earnings guidance and cut its dividend in half. Plenty of ink has been spilled regarding various management …
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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 Co. (NYSE: GE) stock is up 9% today (Friday), after the company announced it will be selling most of its GE Capital assets, which total $500 billion. In a world where bigger is often deemed better, the goliath multinational …
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 …