|Bid||346.00 x 700000|
|Ask||354.99 x 700000|
|Day's Range||346.00 - 350.20|
|52 Week Range||334.03 - 690.00|
|PE Ratio (TTM)||422.05|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
CalSTRS Director of Corporate Governance, Anne Sheehan, discusses why the retirement system sided with Nelson Peltz in his proxy battle with P&G and their support for other activists.
A preliminary deal to sell 36 A380s to Emirates blew up in an Airbus hospitality chalet moments before the Gulf carrier was expected to shower $30 billion on the planemaker and its U.S. rival Boeing at the start of last week's Dubai Airshow. Two top Emirates officials broke the news to Airbus CEO Tom Enders and his sales chief John Leahy that the widely expected $16 billion deal would not be signed that day, leaving uncertainty over the future of the world's largest jetliner. The halt came so swiftly that Airbus PR executives who were already in place for a double-signing ceremony a hundred yards away found themselves awkwardly among the audience as Boeing walked away with the sole Emirates order, worth $15 billion.
GE isn’t the only household name I’m worried about. There is another popular dividend stock showing some very similar signs.
General Electric Co shares stabilized after a brutal slide last week sent the stock near six-year lows, but the worst may not be over. Some investors still do not see enough value to warrant buying the shares, which have lost some of their luster as a blue-chip investment. "In a sense, the stock is trying to find an investor," said Scott Lawson, vice president of Westwood Holdings Group in Dallas, who follows industrial stocks, as the stock was sliding last week.
General Electric Co (GE.N) shares stabilized after a brutal slide last week sent the stock near six-year lows, but the worst may not be over. Some investors still do not see enough value to warrant buying the shares, which have lost some of their luster as a blue-chip investment. "In a sense, the stock is trying to find an investor," said Scott Lawson, vice president of Westwood Holdings Group in Dallas, who follows industrial stocks, as the stock was sliding last week.
NEW YORK, Nov. 18, 2017-- Attorney Advertising. Stull, Stull & Brody today announced that an ERISA action has been filed and that it has commenced an investigation relating to the 401 defined contribution ...
Retirees or people counting on GE's quarterly dividend for income shouldn't panic. But they should rethink their reason for owning industrial conglomerate.
GE’s new CEO John Flannery spent over $1 million to buy the company’s stock, after prices took a two-day dive of nearly 13% amid investor disappointment about his turnaround plan.
General Electric Co., the Boston-based conglomerate, is facing a federal lawsuit over its role in the Fukushima nuclear disaster in Japan in 2011. The $500 million class-action lawsuit against GE was filed Friday in federal court in Boston by a group that includes residents, medical clinics and companies operating in the area affected by the Fukushima nuclear disaster, the largest disaster of its kind in the world. "GE designed and largely constructed the the entire failed Fukushima Daiichi Nuclear Power Plant at the center of the dispute," the lawsuit claims, "and for many years, directly or indirectly through its affiliates, was responsible for the maintenance of the (plant).
NEW YORK, NY / ACCESSWIRE / November 18, 2017 / Pomerantz LLP announces that a class action lawsuit has been filed against General Electric Company ("General Electric" or the "Company") ...
For dividend investors, buying General Electric shares after a big payment cut last Monday might seem like a safe move. Just ask Stephen Tusa, who in a Q&A this month warned Barron’s readers that GE (GE) would cut its payment more deeply than Wall Street was expecting (“JPMorgan Analyst: The Case Against GE”, Nov. 4, 2017). An investor looking at GE stock a year ago would have seen a 92-cent dividend, supported by a 2017 earnings consensus of $1.67 a share.
General Electric increasingly seems like the stock market’s equivalent of the Vietnam War. LAST WEEK’S INVESTOR DAY meeting was supposed to inspire confidence that John Flannery, the new chief executive, could fix the company, but the stock (GE) remains weak. JPMorgan’s Stephen Tusa, who presciently chronicled GE’s difficulties, told clients that the investor day felt like an all-hope-is-lost event.
Dow Jones Global Indexes | Global Stock Markets The U.S. market, a trophy for Vestas Wind Systems, is at risk of turning into a turkey, depending on how Washington’s tax-reform push pans out. Shares in the world’s biggest manufacturer of wind turbines have tumbled more than 20% in November, whacked in part by worries about a potential hit to a production tax credit that has helped drive construction of U.S. wind farms. “If the U.S. were to go from hero to zero, that would mean a lot for Vestas’ global position in this industry,” warns Jacob Pedersen, head of equity analysis at Denmark’s Sydbank.
General Electric’s new leader plans to unveil a road map for the conglomerate that will focus on three of its biggest business lines, but stops short of a breakup.
A round up of some of the week's most significant corporate events and news stories. Boeing lands Emirates deal at Dubai fair to leave Airbus in its slipstream Airbus and Boeing use air shows like boxers ...
People, especially retirees, counting on GE's quarterly dividend for income shouldn't panic. But they should rethink their reason for owning GE. Here are some alternatives.
Stocks were mixed for the week as Wal-Mart and Cisco soared on strong earnings and future prospects. GE failed to thrill investors while Tesla unveiled its Semi truck.
While there's no way to predict dividend safety with 100% certainty, there are some danger signs to look for.
The following statement is being issued by Levi & Korsinsky, LLP: