XETRA - Delayed Quote EUR

General Electric Company (GEC.DE)

10.98

0.00

(0.00%)

At close: July 30 at 5:35 PM GMT+2

Heard on the Street Tuesday Recap: They're Playing Our Song

Paid subscriber growth in 2022 was identical to the previous year. Revenue jumped 20% on the year, and the company projected 20% growth again for the second quarter, beating Wall Street’s estimates. Shares of General Motors jumped 4.4% on its own strong set of quarterly numbers.

The Wall Street Journal 2 days ago

GE

^GSPC

SPOT
GE Aerospace stock flies high on Q1 beat, 2024 outlook

GE Aerospace (GE) shares are trading higher in Tuesday's afternoon session after the company surpassed analyst estimates on both revenue and earnings in its first quarterly report since becoming a standalone entity following General Electric's split into three separate companies. The company's better-than-expected performance, coupled with an upward revision of its 2024 profit guidance, has boosted investor confidence in the stock. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith

Yahoo Finance Video 3 days ago

GE

GEV
GE Aerospace Stock Lifts Off After Earnings Top Expectations

GE Aerospace shares jumped after the maker of jet engines’ first quarterly report since separating from General Electric’s power business topped expectations. The company’s report includes the results of GE Vernova, the unit that finished separating from GE Aerospace on April 2. GE Aerospace’s first-quarter report, by the numbers: + **Revenue** rose 11% to $16.1 billion, ahead of analysts' projections for $15.25 billion, according to FactSet.

The Wall Street Journal 3 days ago

GEV

GE
Boeing's problems are good for GE Aerospace: Analyst explains

GE Aerospace (GE) has reported its first quarterly results since becoming an independent company after its spin-off from General Electric. The aerospace developer raised its 2024 profit forecast, buoyed by strong sales for jet engine parts and services. GE Aerospace shares are boosted in Tuesday's trading session after topping first-quarter earnings and revenue estimates. Argus Research President John Eade joins the Morning Brief to provide insights into GE Aerospace's performance. Eade describes the current period as "a good time right now for GE Aerospace" citing multiple tailwinds in the aviation industry — namely Boeing's (BA) production backlog and assembly concerns — coupled with the company's outstanding quarterly report, painting "a great story" for its future. Eade highlights that the separation into an independent entity allowed investors to "capture value" that was previously missing under GE's original broad business model. Shifting his focus to Lockheed Martin (LMT), Eade mentions that the aerospace manufacturer and defense contractor lacks "commercial exposure" and cannot grow as rapidly as GE Aerospace "despite the good news out of Washington" surrounding potential foreign aid packages to Israel and Ukraine. Eade ultimately recommends Lockheed Martin to investors looking for value. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith

Yahoo Finance Video 3 days ago

LMT

GE

BA
GE Aerospace lifts 2024 profit forecast amid supply-chain challenges

(Reuters) -GE Aerospace on Tuesday raised its full-year profit forecast even as it continues to wrestle with supply-chain challenges to keep up with strong demand for jet engines. Analysts say Boeing's ongoing safety crisis is also expected to be a near-term benefit for GE Aerospace as it increases demand for older engines and allows the company to supply more of its LEAP engines in the aftermarket. However, persistent supply-chain constraints have made it harder to meet customer demand.

Reuters 3 days ago

GE
Tesla, Boeing, Big Tech earnings, PCE data: What to watch

As the week draws to a close at Yahoo Finance, anchors Julie Hyman and Madison Mills preview the key events to watch in the upcoming week. Earnings results will be in focus. Tuesday sees a number of big names reporting, such as Tesla (TSLA), PepsiCo (PEP), and General Electric (GE). On Wednesday, Boeing (BA) will unveil its first quarter earnings, an eagerly anticipated report as the company continues to navigate significant headwinds and operational challenges. There are also earnings from Big Tech companies Meta (META), Alphabet (GOOGL, GOOG), and Microsoft (MSFT). Friday energy giants Chevron (CVX) and ExxonMobil (XOM) are scheduled to release their earnings reports, providing insights into the health and dynamics of the oil market. Last, the Personal Consumption Expenditures Price Index, the Federal Reserve's preferred inflation gauge, will be released on Friday. It's a crucial metric for the central bank's future monetary policy decisions. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith

Yahoo Finance Video 6 days ago

CVX

GOOG

GM
Biggest Gains in Employee Engagement in the Management Top 250

The Management Top 250 ranking, compiled by researchers at the Drucker Institute, part of Claremont Graduate University, compares companies using the late management guru Peter Drucker’s principles to identify the most effectively managed businesses. The five main components of the ranking are customer satisfaction, employee engagement and development, innovation, social responsibility and financial strength. ON’s score for employee engagement and development rose 20.5 points from a year earlier to 45.3, S&P Global’s score for the component climbed 16.8 points to 64.2, and KBR’s employee score jumped 13.9 points to 62.2.

The Wall Street Journal 16 days ago

GE

SLB

NKE
GE Vernova has 'multi-year pathway' to profitability: Analyst

General Electric (GE) has successfully split its business into three independent companies, with GE Vernova (GEV) representing the energy-focused division. RBC Capital Markets Analyst Chris Dendrinos joins Yahoo Finance Live to discuss his bullish initiation of coverage on GE Vernova, rating the stock as Outperform with a $160 price target. Dendrinos explains that with "multi-national conglomerate[s]," funds are often invested in certain parts of the business while others remain underinvested. With General Electric's company splitting into standalone businesses, he believes all investments for GE Vernova will be directed into the energy business, boosting transformation efforts. When asked about competition concerns, Dendrinos says that GE Vernova is a "leader" in all of its segments. However, he notes that on the wind front, Siemens Energy (ENR.DE) could be a competitor, and in the power segment, Mitsubishi (6503.T) could pose a challenge. Dendrinos highlights that GE Vernova has a "multi-year pathway" to financial improvement, emphasizing that it will be a long-term effort to reach normalization. Nevertheless, he believes the company will eventually achieve the desired free cash flow, which should boost the stock's valuation. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. Editor's note: This article was written by Angel Smith

Yahoo Finance Video 21 days ago

GE

SMEGF

SMNEY
GE Aerospace Board of Directors Authorizes Regular Quarterly Dividend

EVENDALE, Ohio, April 05, 2024--The Board of Directors of GE Aerospace (NYSE: GE) today declared a $0.28 per share dividend on the outstanding common stock of the Company. The dividend is payable April 25, 2024, to shareholders of record at the close of business on April 15, 2024. The ex-dividend date is April 12, 2024.

Business Wire 21 days ago

GE
GE completes split into three independent companies

General Electric has finalized its restructuring, separating into three distinct publicly-traded companies. The newly independent entities, GE Aerospace (GE) and GE Vernova (GEV), now trade individually on the New York Stock Exchange. GE Vernova will concentrate its efforts on energy transition solutions, while GE Aerospace specializes in aviation manufacturing, and GE HealthCare focuses on developing medical technology. Yahoo Finance's Josh Lipton and Julie Hyman break down the details. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. Editor's note: This article was written by Angel Smith

Yahoo Finance Video 24 days ago

GEHC

GE

GE-WI
GE's Power Spinoff Vernova Makes Debut; Shares Rise

The company's power and renewable-energy unit, GE Vernova, has started trading as a separately listed company. Here's what you need to know: + Stockholders were given one share in GE Vernova for every four shares they held in the parent. The former parent, now known as GE Aerospace, keeps the classic GE ticker.

The Wall Street Journal 24 days ago

GE

GE-WI

GEV
GE Aerospace Launches as Independent, Investment-Grade Public Company Following Completion of GE Vernova Spin-Off

NEW YORK, April 02, 2024--GE Aerospace (NYSE: GE) today announced its official launch as an independent public company defining the future of flight, following the completion of the GE Vernova spin-off. GE Aerospace will trade on the New York Stock Exchange (NYSE) under the ticker "GE". Today, April 2, 2024, at 9:30 a.m. ET, GE Aerospace and GE Vernova will ring the opening bell together at the NYSE.

Business Wire 24 days ago

GE

GE-WI
Tesla deliveries, GE, jobs data, Fedspeak: What to Watch

Market Domination Overtime anchors Josh Lipton and Julie Hyman preview the top events and headlines investors should pay attention to on Tuesday, April 2, including Tesla's (TSLA) first-quarter EV delivery figures, the launch of General Electric (GE) spinoff GE Vernova under the stock ticker "GEC," February's job openings data, and commentary from several Federal Reserve officials. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. Editor's note: This article was written by Luke Carberry Mogan.

Yahoo Finance Video 25 days ago

TSLA

GE

GE-WI
Boeing's shakeup and GE's fall: 2 more black eyes for Jack Welch's legacy

One common thread runs between Boeing CEO Dave Calhoun's departure and the death knell for GE next week: Jack Welch. Veteran financial journalist Allan Sloan notes that of the CEOs Welch mentored, four succeeded while 13 failed.

Yahoo Finance 28 days ago

GE

GE-WI
GE Vernova and Solventum Set to Join S&P 500; Dentsply Sirona to Join S&P MidCap 400; Others to Join S&P SmallCap 600

S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600:

PR Newswire 29 days ago

XRAY

GE

GE-WI
Biggest Gains in Financial Strength in the Management Top 250

The Management Top 250 ranking, compiled by researchers at the Drucker Institute, part of Claremont Graduate University, compares companies using the late management guru Peter Drucker’s principles to identify the most effectively managed businesses. The five main components of the ranking are customer satisfaction, employee engagement and development, innovation, social responsibility and financial strength. Royal Caribbean’s financial-strength score jumped 24.3 points from a year earlier, to 46.6, Cheniere’s score for the category climbed 22.7 points to 61, and MetLife’s score rose 16.8 points to 64.9.

The Wall Street Journal last month

GE

RCL

LNG
General Electric stock receives upgrade from JPMorgan

Shares of General Electric (GE) are trading higher after JPMorgan issued an upgrade from Neutral to Overweight and set a price target of $180 for the company. The analyst designated GE the "premier large-capitalization name in commercial aerospace." Yahoo Finance Anchors Josh Lipton and Julie Hyman break down the latest developments for the company, discussing why the valuation presents some risk. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino

Yahoo Finance Video last month

GE
GE Aerospace set on $10B in profits by 2028 in new forecast

GE Aerospace — the aviation wing of General Electric (GE) — expects operating profits to reach $10 billion by 2028 and is planning to issue a share buyback program and issue dividends to investors. Yahoo Finance LIve reviews GE Aerospace's prosperous outlook. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.

Yahoo Finance Video last month

GE
GE Aerospace Hosts 2024 Investor Day

NEW YORK, March 07, 2024--Today, GE Aerospace will host its 2024 Investor Day in New York, New York. The event begins at 8:00am EST and can be viewed virtually here. GE Chairman and CEO and GE Aerospace CEO H. Lawrence Culp, Jr. will be joined by members of the leadership team to discuss the strategic priorities and near- and longer-term outlook for GE Aerospace in advance of launching as an independent public company on April 2, 2024.

Business Wire last month

GE
GE Vernova Hosts 2024 Investor Day

NEW YORK, March 06, 2024--GE (NYSE: GE) announced that GE Vernova will host its 2024 Investor Day today in New York, New York. The event begins at 8:00am EST and can be viewed virtually here. GE Vernova CEO Scott Strazik will be joined by GE Chairman and CEO and GE Aerospace CEO H. Lawrence Culp, Jr., GE Board member and GE Vernova Non-Executive Chair Steve Angel, and members of the GE Vernova leadership team to discuss the strategic priorities and near- and longer-term outlook for GE Vernova in

Business Wire last month

GE

Performance Overview

Return	GEC.DE	MSCI WORLD
YTD	-90.53%	+5.23%
1-Year	-87.74%	+19.56%
3-Year	-87.74%	0.00%

News

Life

Entertainment

Finance

Sports

New on Yahoo

Yahoo Finance

General Electric Company (GEC.DE)

Heard on the Street Tuesday Recap: They're Playing Our Song

GE Aerospace stock flies high on Q1 beat, 2024 outlook

GE Aerospace Stock Lifts Off After Earnings Top Expectations

Boeing's problems are good for GE Aerospace: Analyst explains

GE Aerospace lifts 2024 profit forecast amid supply-chain challenges

Tesla, Boeing, Big Tech earnings, PCE data: What to watch

Biggest Gains in Employee Engagement in the Management Top 250

GE Vernova has 'multi-year pathway' to profitability: Analyst

GE Aerospace Board of Directors Authorizes Regular Quarterly Dividend

GE completes split into three independent companies

GE's Power Spinoff Vernova Makes Debut; Shares Rise

GE Aerospace Launches as Independent, Investment-Grade Public Company Following Completion of GE Vernova Spin-Off

Tesla deliveries, GE, jobs data, Fedspeak: What to Watch

Boeing's shakeup and GE's fall: 2 more black eyes for Jack Welch's legacy

GE Vernova and Solventum Set to Join S&P 500; Dentsply Sirona to Join S&P MidCap 400; Others to Join S&P SmallCap 600

Biggest Gains in Financial Strength in the Management Top 250

General Electric stock receives upgrade from JPMorgan

GE Aerospace set on $10B in profits by 2028 in new forecast

GE Aerospace Hosts 2024 Investor Day

GE Vernova Hosts 2024 Investor Day

Performance Overview