23.05 -0.04 (-0.17%)
Pre-Market: 9:13AM EDT
|Bid||23.02 x 1400|
|Ask||23.04 x 1600|
|Day's Range||23.07 - 23.28|
|52 Week Range||22.83 - 32.38|
|PE Ratio (TTM)||28.16|
|Forward Dividend & Yield||0.96 (4.11%)|
|1y Target Est||N/A|
Jeffrey Sonnenfeld, Yale School of Management, shares his thoughts on Jeffrey Immelt's tenure as CEO Of General Electric.
It is amazing that GEs' board let Jeff Immelt stay for 16 years -- can his successor do more than cut costs? I am holding on to GE stock because I can't shed my sunk cost bias and I hope he can boost its growth rate.
Under fire to cut more than $2 billion in annual expenses over the next two years, General Electric Co. has already cut its corporate jet and car programs for executives, delayed the completion of its Boston headquarters, and put off hiring hundreds of employees here. The Reuters report in late August came three weeks after the company said it will delay the construction of a key part of its headquarters, a 12-story glass tower on the waterfront with solar panels on its roof, by two years, or 2021.
TOKYO (Reuters) - Kobe Steel Ltd's admission that it fabricated specifications on some of its aluminium, copper and other products has left about 500 affected companies scrambling to pin down the potential ...
China’s Communist Party aims to increase the number of companies with active party organizations, including those in foreign firms.
John Flannery is getting rid of company cars, a fancy executive retreat and perhaps thousands of corporate jobs under pressure to cut costs.
Apple is teaming up with General Electric to develop mobile software for factories, power plants and other industrial settings. The two companies said Wednesday that they're launching a toolkit to allow developers to build apps for iPhone and iPads that uses GE's Predix data-collection and analysis tool. Apple has made Predix its preferred tool for connected factories.
Former General Electric CEO Jeff Immelt used to have an empty jet follow him on business trips, according to a published report.
GE is teaming with Apple to extend the mobile reach of its IoT platform, and making Amazon its preferred cloud partner. Both will be useful as GE seeks to achieve ambitious technology goals.
GE is a leaner, meaner industrial machine under new leadership, but has it been strengthening its free cash flow? Investors may find out when GE reports Friday.
Apple and GE on Wednesday announced a pact to make it easier to create apps for monitoring factories and industrial machines on the go.
Leading the Apple Inc. (NASDAQ:AAPL) rumor mill today is an update on Project Titan. Project Titan: A new video may show off Apple’s current work on Project Titan, reports AppleInsider. Rumors claim that Project Titan was originally an effort by AAPL to enter the car market.
Chicago startup Uptake is building predictive analytics software that helps companies in rail, energy and other sectors know when their machines are going to fail, putting it in direct competition with 125-year-old industry giant General Electric. Donohue held multiple c-level roles at GE Power, including chief marketing officer. Anderson was the VP of Enterprise Technology at GE Digital, chief information officer at GE Transportation and chief IT auditor at GE.
General Electric (GE) is scheduled to report earnings on Friday, and no one is expecting it to be a quiet day. The industrial giant's stock has been beaten up this year amid earnings disappointments, management changes and chatter about a possible dividend cut, and its earnings will be dissected for evidence that the worst is behind General Electric--or still to come. You probably already know where JPMorgan's C. Stephen Tusa and team stand.
Bank of America/Merrill Lynch analysts say 2018 earnings could come under pressure thanks to rising labor costs.
On Oct. 18, the Dow Jones Industrial Average hit a new all-time intraday high of 23,145 as of this writing. Investors who aren’t playing the indices can gain exposure to the Dow Jones today through the SPDR Dow Jones Industrial Average ETF (NYSEARCA:DIA). With the index up 16.3% in 2017, though, how much longer can this rally continue?
General Electric Co. announced Wednesday it is partnering with Apple Inc. to allow developers to build iPhone and iPad apps for the Industrial Internet of Things, a key part of GE's strategy for the future. The partnership will combine Apple's iOS with Predix, the industrial data management platform built by the GE Digital division. The deal with Apple follows the outline that new GE CEO John Flannery detailed in a September blog post, when he said he would refocus GE's digital efforts around existing customers while increasingly relying on a network of partners and resellers to bring its IoT software platform to new industries.
The partnership will give developers access to tools to make their own industrial IoT apps through iOS.