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 …
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 …
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 …
General Electric's third-quarter profit missed Wall Street estimates by a wide margin and the company slashed its earnings forecast, sending its stock down. Fred Katayama reports.