(Reuters) - General Electric Co on Friday raised its dividend by 12 percent, with the higher payout starting in January, and it also authorized the buyback of another $10 billion in shares. GE, the largest U.S. conglomerate, did not follow on the …
NEW YORK -- 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 lagging …
General Electric Company (NYSE:GE) stock seemed as a compelling buy to me a year and a half ago, largely on the basis of its then-relatively-new Predix software, an Internet of Things (IoT) platform specifically built for big business. …
NEW YORK (Reuters) - Two weeks after General Electric Co's 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 were …
NBCU posted a 3% year-over-year gain in operating profit and revenue in the first quarter, but the rosy numbers came against the gloomy backdrop of parent GE’s results. GE reported its worst quarter in years, sending the stock market …
Yes, we’re getting close to that time again… GE, the parent company of NBCU, has announced surprisingly weak Q1 results with continuing income sliding 8 percent to $4.36 billion from $4.9 billion. Total revenue was still up 8 percent …
Normally reliable General Electric ge shocked investors with a nearly 6% decline in its first-quarter profit and slashed its earnings forecast for the full year, sending its own shares and the broader market sharply lower on fresh worries about …
(Reuters) - General Electric Co Chief Executive Jeff Immelt has had a bumpy ride for the past seven years, navigating economic turbulence, swapping in and out of businesses and struggling to energize his sluggish stock. Against that …
What's your view on GE Capital Transportation Financial Services Ltd for the week?
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 …