14.55 +0.01 (0.07%)
After hours: 6:54PM EDT
|Bid||14.54 x 1700|
|Ask||14.55 x 100|
|Day's Range||14.34 - 15.05|
|52 Week Range||12.73 - 30.38|
|PE Ratio (TTM)||N/A|
|Earnings Date||Apr 20, 2018|
|Forward Dividend & Yield||0.48 (3.60%)|
|1y Target Est||17.40|
Yahoo Finance's Jared Blikre joins Seana Smith from the floor of the New York Stock Exchange to discuss the latest market moves.
Long-suffering GE finally beat analysts' lowered earnings expectations, and here's some evidence that better days could lie ahead.
The engine model that failed on a Southwest Airlines Co. flight earlier this week is expected to undergo emergency inspections as ordered by the Federal Aviation Administration.
The jet maker says it has 45 orders and commitments for the 737-800 Next Generation converted freighters from seven customers as Boeing's Global Services seeks to expand its business worldwide.
WASHINGTON/PARIS (Reuters) - European and U.S. airline regulators on Friday ordered mandatory inspections within 20 days of aircraft engines similar to one involved in a fatal Southwest Airlines (LUV.N) accident earlier this week. Engine maker CFM International on Friday recommended the ultrasonic inspections on fan blades that have been used in more than 30,000 cycles, and the U.S. Federal Aviation Administration and European Aviation Safety Administration are making those recommendations into requirements.
General Electric backed earnings and cash-flow guidance Friday after reporting strong Q1 results, bolstering prospects for its dividend.
Order comes after Tuesday's fatal engine failure on Southwest Flight 1380. Ultrasonic testing is used to inspect engine fan blades because may not be visible to the naked eye. The Federal Aviation Administration on Friday ordered airlines to inspect the fan blades of some engines of the same type that exploded on a Southwest Airlines LUV flight earlier this week.
U.S. and European regulators on Friday will announce they are requiring emergency inspections within the next 20 days of fan blades of nearly 700 CFM56-7B engines worldwide after the crash this week of a Southwest Airlines jet that killed one person, two sources said. The U.S. Federal Aviation Administration and European regulators will announce they are mandating the inspections that were recommended by engine maker CFM International, a partnership of France’s Safran SA and General Electric Co, in a bulletin earlier Friday. The emergency inspections apply to 681 engines worldwide, including 352 in the United States.
U.S. stocks extend losses in late trade to end lower on Friday, as weakness in technology and consumer staples shares offset the latest batch of corporate earnings, which largely continued to beat expectations....
While beleaguered General Electric (GE) was the biggest dog of the Dow in the first quarter, it shot to the top of the S&P 500 on Friday, helped by an upbeat earnings report. GE gained 69 cents, or 4.9%, to $14.68. The S&P 500 fell 22.99 points, or 0.85%, to end at 2670.14.
Stock market index funds sold off Friday and fell below their 50-day moving average as Apple offset a big gain from General Electric in the Dow.
Let's check out the Yahoo Finance charts of the day. General Electric (GE): Shares getting a pop here, up 4.5%. The beaten down conglomerate beat on earnings and revenue, and reaffirmed its guidance as well, boosted by its aviation, health care and transportation units. Skechers (SKX): Shares tumbling here, down around 27%. Despite beating on both earnings and sales, the shoe retailer’s current quarter guidance disappointed investors. Pinnacle Foods (PF): Shares getting a boost here, up 9.5%. Activist fund Jana Partners revealed a 9.1% stake in the food company, and said it will seek create value at the company and may shake up the board. For more on today's big stock movers check out the Final Round, live at 3:55 p.m. ET, right here on Yahoo Finance.