|Bid||9.24 x 1100|
|Ask||9.25 x 40700|
|Day's Range||9.22 - 9.31|
|52 Week Range||6.40 - 14.99|
|Beta (3Y Monthly)||0.91|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.04 (0.38%)|
|1y Target Est||N/A|
General Electric is one of the largest and, at times, most profitable multinational conglomerate in the U.S. These subsidiaries and acquisitions represent some of GE's key operational segments.
biopharma healthcare business offset revenue. On an adjusted basis, the company earned $1.07 a share, above the 99 cents posted a year ago and the $1.02 a share forecast by analyst surveyed by FactSet. Revenue increased to $4.9 billion from $4.7 billion in the same period in 2018, with non-GAAP core revenue growth of 5.5%.
Danaher's (DHR) first-quarter 2019 results gain from sales growth and DBS initiatives. It lowers projection for 2019 to include the dilutive impact of the BioPharma buyout.
General Electric’s beaten-down stock is up 25% year to date, and an analyst said the smartest industrial investor he knows is buying the shares.
China’s Slowdown Concerns Decline amid Strong Data(Continued from Prior Part)Chinese economy On April 17, China (FXI) released several economic data points. The country’s first-quarter GDP growth of 6.4% surprised on the upside. Other indicators
ABB Chief Executive Ulrich Spiesshofer has quit the Swiss industrial group as the board and major shareholders look for a speedier turnaround at the maker of industrial robots and supplier of factory automation. Spiesshofer's abrupt exit follows the launch of the biggest overhaul in ABB's 31-year history to reposition the company more towards digital industries and agreeing to activist shareholder demands to sell its power grids business. Time ran out for Spiesshofer, who has led ABB since September 2013, following a conference call between board members on Tuesday evening.
Why Jeffrey Gundlach Thinks Now's a Good Selling Opportunity(Continued from Prior Part)Jeffrey Gundlach on central banks Jeffrey Gundlach presented his views on central banks’ policies and how they impact investments during his interview with The
To see why, it's important to realize that corporations calculate their profit using at least two different accounting methods. The first method, using guidelines from the Securities and Exchange Commission, determines how corporations calculate the earnings they report to Wall Street. A separate set of accounting guidelines from the Internal Revenue Service is used to formulate corporate tax bills.
General Electric (GE) closed the most recent trading day at $9.14, moving +1.78% from the previous trading session.
This lithium-ion battery materials maker not only scored a mega-funding round but also attracted a high-profile executive to its board of directors.
Since the February merger of Wabtec and GE Transportation, union workers in Erie have pushed back against the manufacturing company's proposed contract changes. The two parties have until June 3 to come to an agreement.
General Electric Company (NYSE: GE) shares are trading slightly higher Tuesday morning, a potentially bullish near-term technical sign. GE shares on Monday dipped below $9 for the first time since January, but the stock quickly bounced and may have finally found some support. GE's stock sold off by more than 7 percent earlier this month when JPMorgan analyst Stephen Tusa downgraded the stock and lowered its price target to just $5.
State-owned Israel Electric Corp said on Tuesday it will pay General Electric about 1 billion shekels ($280 million) to build and maintain a new unit at one of its power stations. Israel Electric (IEC) said it has an option to partner with GE on a second unit as well at the Orot Rabin power station in the coastal city of Hadera. Israel has pledged to stop producing electricity from coal by 2030, and IEC said it was committed to bring the first new unit online by June 2022, and the second about half a year later.
One longtime bear is warning investors to sell GE stock again, but recent progress at the company could make this a good time to buy.
General Electric Co.'s stock edged up 0.2% in afternoon trade Monday, erasing earlier losses of as much as 2.3%, in a late attempt to snap its losing streak at 8 sessions. The industrial conglomerate's stock had tumbled over the past eight sessions, highlighted by the 5.2% drop on April 8 after J.P. Morgan analyst Stephen Tusa downgraded GE back to underweight, after he had helped spark a rally in December with his upgrade to neutral. A ninth-straight decline on Monday would have been the longest losing streak since the 9-day stretch ended Nov. 5, 2018. GE's stock has still run up 24% year to date, while the Dow Jones Industrial Average has gained 13%.
The question is whether we will someday soon be saying any of those things about GE, or if new CEO Larry Culp can get the company on stable enough ground that we can have a conversation about the next 127 years. When GE’s difficulties were first mounting, a breakup was thought to be one possible balm, and that’s more or less what former CEO John Flannery proposed last year before he was unceremoniously ousted after just 14 months on the job. Under Flannery and Culp, GE has sold its transportation unit, unwound part of its stake in the merger of its energy assets with Baker Hughes and found a buyer for its biopharmaceutical business.
Considering (GE) stock’s (ticker: GE) recent record, one may not consider it to be the most stable investment, but Gateway Investment Advisers, which specializes in low-volatility equity strategies, has been buying the shares. The company also reduced its holdings of (BA) (ticker: BA), (KHC) (KHC), and (MU) stock (MU) in the first quarter. Boeing stock rose 9.4% in 2018, and managed to end the first quarter with a 18.3% gain even as a deadly crash in early March highlighted potential issues with the company’s 737 MAX aircraft.
U.S.-China relations will continue to evolve as negotiations between the two countries stretch over decades, but a resolution to the current trade dispute will likely happen in the “not too distant future,” General Electric Co.’s Chief Executive Officer Larry Culp said. “There’s a politically expedient resolution relative to trade numbers, a big order here, a big order there,” Culp said at the Harvard College China Forum. China is GE’s biggest market by revenue after the U.S., he said.
Benzinga has examined prospects for many investor favorite stocks over the past week. Bullish calls included entertainment and technology titans. And bearish calls included struggling aerospace and industrial ...