12.21 -0.09 (-0.73%)
After hours: 6:25PM EDT
|Bid||12.21 x 2200|
|Ask||12.24 x 1000|
|Day's Range||12.20 - 12.36|
|52 Week Range||11.94 - 25.30|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 18, 2018 - Oct 22, 2018|
|Forward Dividend & Yield||0.48 (3.68%)|
|1y Target Est||17.11|
Inarguably, among the most-discussed companies in the markets, Apple (NASDAQ:AAPL) and Amazon (NASDAQ:AMZN) have no problems generating headlines. As our feature writer James Brumley stated, the trillion-dollar day was “just another workday” for Apple. Currently, AAPL sports a $1.02-trillion market cap, meaning that if it lost its trillion, Apple would still be a fairly large company.
GE’s $6.2 billion hit to income in January to catch up on losses on long-term care insurance contracts highlights the problem accounting standard-setters now say will be solved with some new rules, set to take full effect in 2021.
With just a quick glance General Electric (NYSE:GE) and Ford Motor (NYSE:F) appear to be cut from the same cloth. Both were once at the top of their game, but recently, both F and GE stock have been destroyed as the sheer passage of time has made the two companies much less relevant. When one takes a closer look, however, it becomes clear that General Electric and Ford aren’t exactly carbon copies of one another.
A stock's price can fall for many reasons. The company may no longer be performing as it's expected to. The industry or sector could be temporarily out of fashion. Sometimes, a weak market simply pulls good stocks down with it. As long as the issue isn't fundamental (and long-term), you can still buy low and eventually sell high, even in a toppy market like today's. Today, we will look at 10 stocks with market caps between $10 billion and $200 billion that have fallen hard in the past year, but that some analysts think are poised for a bounce-back. These companies are in a variety of industries - everything from banking to pharmaceuticals to industrial products to consumer goods. Clearly, each of these stocks comes with some risk given the bearish drivers that have dragged them down by 20%, 30%, even 40%. But investors should be less concerned about why these stocks fell in the past, and more concerned about whether they realistically can rebound from here. None of these stocks need to reach their old highs for investors to neatly profit - the underlying companies just need to follow through on proposed ways to increase shareholder value. Here's a look at 10 battered stocks to buy for their recovery potential. SEE ALSO: 20 of the Best Stocks You Probably Haven't Heard Of
NEW YORK, NY / ACCESSWIRE / August 16, 2018 / Diamondback Energy was deep in the red on Wednesday following news that the company has agreed to buy rival Energen for about $84.95 a share. Shares of General Electric also tumbled down to a 9-year low on no specific news. Diamondback Energy, Inc. shares closed down 12% on Wednesday on nearly 11.5 million shares traded.
Natural gas is still often described as “the fuel of the future”. If you are selling turbines for gas-fired power generation, it cannot feel that way. Sales of gas turbines have fallen sharply , under ...
General Electric shares are off by more than 2%, dropping below $12 a share for the first time since the summer of 2009, as investors apparently remain unconvinced that the company’s turnaround plan will remedy its woes.
Patience is a virtue, but a poor sales pitch. Institutional investors in aggregate dumped 2.87 million shares of the industrial giant in the second quarter, according to data compiled by Bloomberg from 13F regulatory filings. Flannery announced his turnaround plan — which calls for spinning off GE's health-care unit, divesting its stake in the Baker Hughes energy business and further winding down GE Capital — before the market opened on June 26.
Solar and wind operator TerraForm Power Inc (NASDAQ: TERP ) reported second-quarter results Monday that convinced Oppenheimer to turn bullish on the stock. The Analyst Oppenheimer's Colin Rusch upgraded ...
Ryan McQueeney discusses the morning's top market headlines, including the effect of the Turkish crisis on U.S. stocks, GE's historic low point, Corona's new marijuana investment, and earnings from retail giant Macy's. Later, he checks in with Warren Buffett's latest holdings and discusses the investing icon's take in Apple.
The industrial giant reached a new 9-year low Wednesday, Aug. 15, briefly falling below $12 for the first time since July 2009. The company is in the midst of CEO John Flannery's plan to trim GE's operations down to its three core businesses of aviation, power and healthcare. Copper prices fell 2.7% to $2.609 a pound on the Comex division of the New York Mercantile Exchange Wednesday, entering bear market territory after slipping to a 13-month low on Tuesday.
MARKET PULSE Shares of General Electric Co. (ge) shed 1.1% in midday trade Tuesday, putting them on track to suffer a sixth-straight decline toward a nine-year low. That would mark the third losing streak of at least six sessions so far this year, the longest being the seven-session stretch ending June 21.
Shares of General Electric (GE) fell below $12 for the first time in nearly a decade on Wednesday amid the broader market slide. Shares of General Electric (GE) dropped as low as $11.94 on Wednesday morning, the first time the stock has fallen below the $12 mark since July 2009. There's not much in the way of specific GE news today that could be hitting the shares, although it may be residual concern over the company's restructuring plan, with jittery investors taking cues from the broader market slide to sell the shares.
It can be safely said that 2018 has not been a good year for General Electric (GE) so far. On June 19, 2018, General Electric's more than 100-year run on the Dow Jones Industrial Average came to an end. One of America's best-known companies that traces its roots back to Thomas Edison, is now no longer the among the elite of the stock markets.
General Electric fell below $12 per share for the first time since July 24, 2009. Investors appear concerned about the embattled industrial company's turnaround plan. General Electric shares fell below $12 per share for the first time since July 24, 2009, on Wednesday, plowing a new low for the stock this year as investors appear concerned about the embattled industrial company's turnaround plan.
U.S. stock futures are trading lower this morning. Wall Street is unable to shake the specter of Turkey’s economic woes for the second session. Corporate earnings and a flood of U.S. economic data also have investors worried heading into the open.
Erika Hayes James became the first African-American woman appointed dean of a top-25 business school when she was tapped for the role at the John H. Harland Dean of Goizueta Business School in 2014.
Moody's Investors Service ("Moody's") assigned a Ba3 rating to Starwood Property Trust, Inc.'s (Starwood) $300 million senior unsecured notes. The company's corporate family and senior secured term loan ratings remain unchanged at Ba2 and Ba1, respectively, and the outlook for all ratings is stable. Moody's assigned the Ba3 rating to the proposed notes based on Starwood's Ba2 corporate family credit profile, the notes' priority and proportion in Starwood's debt capital structure, and the strength of the notes' asset coverage.
U.S. stock futures are trending higher this morning. Wall Street appears to have shaken off troubles coming out of Turkey, after the country’s central bank pledged to provide “all the liquidity” its financial institutions needed. About 16.6 million calls and 16.1 million puts changed hands on the session.
Uptake just hired another group of executives away from General Electric as the Chicago startup looks to steal customers from GE’s struggling digital business.
After starting off higher on the day, U.S. indices had trouble maintaining altitude throughout the trading session. Worries over Turkey combined with a strong rally over the past six weeks is likely acting as a catalyst for profit taking. Let’s see if there are any opportunities for our top stock trades.Top Stock Trades for Tomorrow #1: Advanced Micro (AMD)