GE Aug 2019 4.000 put

OPR - OPR Delayed Price. Currency in USD
0.0200
0.0000 (0.00%)
As of 9:30AM EST. Market open.
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Previous Close0.0200
Open0.0200
Bid0.0000
Ask0.0000
Strike4.00
Expire Date2019-08-16
Day's Range0.0200 - 0.0200
Contract RangeN/A
Volume4
Open InterestN/A
  • GE expects orders of at least $35B at the Paris air show
    Yahoo Finance Video16 hours ago

    GE expects orders of at least $35B at the Paris air show

    GE booked $24 billion in orders for engines and services at the Paris air show so far and expects to see at least $35 billion in total by the end of the Paris air show. Yahoo Finance's Editor-in-Chief Andy Serwer, Alexis Christoforous, Brian Sozzi and Gordon Haskett Senior Analyst John Inch joins Yahoo Finance to discuss that and the outlook for the company.

  • GE is unlikely to become insolvent, admits long-time bear
    Yahoo Finance16 hours ago

    GE is unlikely to become insolvent, admits long-time bear

    GE remains a turnaround in progress.

  • Wall Street takes on long-term care payouts as insurers balk at costs
    Reuters2 hours ago

    Wall Street takes on long-term care payouts as insurers balk at costs

    Some U.S. insurers are turning to Wall Street's financial wizards for relief from the liabilities of their long-term care (LTC) policies, posing a challenge for regulators worried about how new industry players will tackle the risks involved. Many have become financially toxic for insurers, because of soaring healthcare costs and rising lifespans. A few investment firms are willing to take on these LTC contracts, betting they can invest the premiums from the policies to generate strong enough returns to cover the payouts, and even turn a tidy profit.

  • Amazon to boost its Prime Air fleet with lease of 15 737 cargo jets
    American City Business Journals9 hours ago

    Amazon to boost its Prime Air fleet with lease of 15 737 cargo jets

    The addition of 15 cargo jets will bring Amazon's fleet to 20 737s that are leased from General Electric, adding to the five others that were leased earlier this year.

  • This Jet Engine Giant Accelerates Electric, Hybrid Propulsion Unit
    Investor's Business Daily11 hours ago

    This Jet Engine Giant Accelerates Electric, Hybrid Propulsion Unit

    As electric planes take center stage, Siemens agreed to sell its eAircraft business to GE's jet engine rival Rolls Royce.

  • Benzinga13 hours ago

    Amazon To Lease 15 More 737 Freighters Through Lease With GE Unit

    Amazon.com, Inc. (NASDAQ: AMZN) announced on June 18 that it will lease 15 Boeing (NYSE: BA) 737-800 freighters from GE Capital Aviation Services (GECAS), the aircraft lending unit of General Electric Co. (NYSE: GE). The airplanes, which will operate in the U.S., will enter Amazon's fleet by 2021, the e-tailer said. The announcement comes just days after FedEx Corp. (NYSE: FDX) said it would not renew its contract with Amazon to transport the e-tailer's domestic air packages.

  • TheStreet.com15 hours ago

    General Electric Stock Is Flirting With a Major Breakout

    Rather quietly now, GE stock has begun flirting with a major breakout and Tuesday's 3.7% rally to $10.42 only helped. In late December, investors were worried General Electric stock would drop into the $5 range. In any regard, the stock has continued to fight its way higher, getting through earnings in January and April, as well as an investor meeting earlier this year.

  • EXCLUSIVE: GE Aviation fills office building at the Banks
    American City Business Journals16 hours ago

    EXCLUSIVE: GE Aviation fills office building at the Banks

    GE Aviation, the General Electric Co. subsidiary that provides jet engines, components and integrated systems for commercial and military aircraft, has backfilled about half of the GE Global Operations Center at the Banks.

  • Barrons.com16 hours ago

    GE Raises Hope on Boeing’s Grounded Jet at Paris Air Show

    The message from GE and its partners in aviation was consistent: The 737 MAX jet will fly again soon.

  • The Turnaround of General Electric Stock Takes a Few Hits
    InvestorPlace17 hours ago

    The Turnaround of General Electric Stock Takes a Few Hits

    There's hope for General Electric (NYSE:GE). Asset sales, a new CEO, and the promise of improved execution have brought investors back into GE stock. General Electric stock has risen 43% so far this year, handily outpacing the stock market.Source: Shutterstock I've been skeptical of the gains since GE stock hit $10, and I was bearish on GE stock long before that. For all the coverage GE receives, many aspects of its business aren't that attractive. GE Power serves declining end markets. Baker Hughes (NYSE:BHGE) is again challenging a 19-year low. Renewable energy hasn't proven to be a winner. GE Capital is still dealing with errors made years ago. * 5 Stocks to Buy for $20 or Less GE Healthcare and GE Aviation are certainly attractive. But with GE's heavily indebted balance sheet, and with its free cash flow expected to be negative this year, those two businesses simply are not attractive enough to make me upbeat on GE stock.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAll that said, I do understand why some are bullish on GE stock, and, truthfully, I would love to see the bullish thesis play out. GE is an iconic American company. Many investors lost a large amount of money on GE stock in recent years; they deserve a rebound.And there are reasons to be bullish on GE stock now. As I wrote just last month, GE management clearly is being more transparent. New CEO Larry Culp has sparked optimism. And to some extent, bad news is priced into GE stock. If Culp can turn around GE, General Electric stock is going to rise.I still believe that's too big an "if'," however. In that context, a few recent developments need to be monitored closely. GE Gets Transparent-ishCulp clearly has made a point of giving investors and analysts news when possible, whether it's good or bad. He told investors in March that GE would be cash flow-negative this year (excluding GE Capital) - and then reiterated that guidance last month. That's a noted departure from what InvestorPlace columnist Will Healy wisely called a "constant drip" of bad news, including lowered guidance, surprising charges by GE Capital, and execution missteps that weren't quickly revealed.But as Bloomberg noted last month, old habits are tough to break. CFO Jamie Miller admitted that the company had created "confusion" by touting the growth of GE Power's orders on its Q1 conference call in late April. That growth was questioned by JPMorgan Chase (NYSE:JPM) analyst Stephen Tusa, a prescient and longtime bear on General Electric stock.At a conference three weeks after the call, Miller said the company was referencing a report from a third-party. But as Bloomberg pointed out, the report included joint-venture orders and some orders that were already in the company's backlog before the quarter.For any other company, this would be a minor slip-up. For a company that's spent years seemingly twisting all news in its favor, it's a concerning step. GE Aviation StumblesAgain, the company's attractive businesses are Aviation and Healthcare. Those two segments can help keep GE afloat while it repairs its Power business and waits for a rebound in oil and gas and other smaller markets.But the GE9x engine is taking criticism by one of GE's key customers, Boeing (NYSE:BA). That manufacturer's 777x is facing potential delays after a second issue with GE's engine. Testing of the GE9x originally was delayed by three months due to a compressor issue. Further mechanical issues are delaying testing again, and GE is the "long pole in the tent," as Boeing CFO Greg Smith put it.This, too, isn't major news. Neither Boeing nor Airbus (OTCMKTS:EADSY) is going to abandon GE Aviation over these delays. But - as with the transparency issue - GE's history colors everything. A delay involving a key customer in a key business can't be seen as good news. GE's China ProblemThere's another major issue with buying GE stock: the economy needs to cooperate. A recession would interrupt the company's plans and offset Culp's optimism about 2020 and beyond.The trade war with China is a potential catalyst for a global slowdown. But even if that doesn't play out, China seems to be a significant risk for GE. For GE Healthcare, China was "a source of growth" last year, as the company put it in its 10-K. But that growth may have come from unsavory methods: the SEC is investigating GE, along with Philips (NYSE:PHG) and Siemens (OTCMKTS:SIEGY) for bribery.Moreover, Tusa and another analyst both have noted that China could create a new competitor for GE Power in the region. That market is too large, and GE Power too wobbly, to handle that type of blow.On top of all that, tariffs already are increasing GE's costs. And a prolonged trade war could undercut GE's brand. The problem with an industrial company like General Electric is that it can do everything right and still be upended by external factors. Culp's plans may not come to fruition if the news from China doesn't improve. On the Sidelines on General Electric StockTo those who are bullish on GE stock, these concerns probably seem like nit-picking. But that's what happens when a company loses trust.That aside, GE's turnaround path is not easy. It's facing real challenges now. GE stock didn't plunge just because of poor execution, bearish analysts, or uneven communication. Its fundamentals have been headed in the wrong direction for some time. It's going to take some time, and some help, for that to change.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 5 Red-Hot IPO Stocks to Buy for the Long Run * 5 Stocks to Buy for $20 or Less * 4 Dow Jones Stocks Ready to Rise Compare Brokers The post The Turnaround of General Electric Stock Takes a Few Hits appeared first on InvestorPlace.

  • TheStreet.com17 hours ago

    Amazon Air Networks Reaches Lease Deal for 15 Boeing 787-800s at Paris Air Show

    Amazon said Tuesday that it will lease and additional fifteen cargo airplanes from Boeing, through a deal with General Electric's aviation unit, in order to boost its global delivery network.

  • Reuters19 hours ago

    US STOCKS-Wall Street set to open higher on hopes of accommodative Fed

    Wall Street's main indexes were set to open higher on Tuesday, as more dovish calls from the European Central Bank lifted expectations of a similar accommodative stance from the Federal Reserve. The Fed's statement at 2 p.m. EDT (1800 GMT) on Wednesday will likely provide insights into the impact of the U.S.-China trade war, President Donald Trump's calls for a rate cut and weaker economic data on monetary policy.

  • MarketWatch19 hours ago

    Amazon to lease 15 more Boeing 737-800s through GECAS, to support one-day shipping

    Amazon.com Inc. said Tuesday it will lease 15 737-800 cargo aircraft made by Boeing Co. , through a partnership with General Electric Co.'s GE Capital Aviation Services (GECAS). The 15 aircraft will be in addition to the five Boeing 737-800s already leased from GECAS, announced earlier this year. "These new aircraft create additional capacity for Amazon Air, building on the investment in our Prime Free One-Day program," said Dave Clark, senior vice president of worldwide operations at Amazon. "By 2021, Amazon Air will have a portfolio of 70 aircraft flying in our dedicated air network." Amazon's stock rose 0.9% in premarket trading, while Boeing shares climbed 1.3% and GE's stock tacked on 0.9%. The shares gains come as futures for the Dow Jones Industrial Average rallied 144 points.

  • Markit20 hours ago

    See what the IHS Markit Score report has to say about General Electric Co.

    General Electric Co NYSE:GEView full report here! Summary * Perception of the company's creditworthiness is neutral * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is extremely low for GE with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting GE. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding GE are favorable, with net inflows of $8.86 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers’ Index (PMI) data, output in the Industrialsis falling. The rate of decline is very significant relative to the trend shown over the past year, and is accelerating. The rate of contraction may ease in the coming months, however. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. GE credit default swap spreads are near their highest levels of the last 3 years, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • Will the Fed Cut the Interest Rate on June 19?
    Market Realist20 hours ago

    Will the Fed Cut the Interest Rate on June 19?

    The Fed's two-day meeting is scheduled to start on June 19. The Fed will release a statement and announce its interest rate decision on the same day. Expert Jim Grant weighs in on the possibility of an interest rate cut.

  • Investing.com22 hours ago

    General Electric Rises 3%

    Investing.com - General Electric (NYSE:GE) rose by 3.03% to trade at $10.36 by 09:51 (13:51 GMT) on Tuesday on the NYSE exchange.

  • Barrons.com22 hours ago

    GE Investors May be Caught in an ‘Echo Chamber’

    Much of the recent negative information on GE seems to have come from GE’s biggest competitor. That raises a new risk for GE investors: The echo chamber.

  • General Electric (GE) Stock Sinks As Market Gains: What You Should Know
    Zacks2 days ago

    General Electric (GE) Stock Sinks As Market Gains: What You Should Know

    General Electric (GE) closed the most recent trading day at $10.05, moving -1.76% from the previous trading session.

  • Airbus, GE Notch Paris Air Show Wins As Boeing Open To 737 Name Change
    Investor's Business Daily2 days ago

    Airbus, GE Notch Paris Air Show Wins As Boeing Open To 737 Name Change

    Airbus and GE announced their first orders at the Paris Air Show Monday, while Boeing said it's open to changing the 737 Max's name.

  • General Electric Has Big Headache Tied To Biggest Jet Engine Ever
    Investor's Business Daily2 days ago

    General Electric Has Big Headache Tied To Biggest Jet Engine Ever

    GE will redesign a new jet engine for Boeing's newest jets after finding unexpected wear in a compressor part. GE stock fell while Boeing rose.

  • GE Aviation calls engine order largest in aviation history
    American City Business Journals2 days ago

    GE Aviation calls engine order largest in aviation history

    A Greater Cincinnati manufacturer will produce engines for India’s largest passenger airline as part of a multibillion deal the company said is the largest single engine order in aviation history.

  • Finding Hot Growth Stocks In IBD 50: Why A 25% Gain In This Leader Is Possible
    Investor's Business Daily2 days ago

    Finding Hot Growth Stocks In IBD 50: Why A 25% Gain In This Leader Is Possible

    Genpact, an August 2007 GE spinoff, has staged some steady runs after breakouts. The Street sees profits growing at a mild double-digit pace.

  • Bloomberg2 days ago

    GE and Honeywell Stare Down a $74 Billion Monster

    (Bloomberg Opinion) -- United Technologies Corp. CEO Greg Hayes dropped the bombshell news of his company’s merger with missile-maker Raytheon Co. just days before the start of the Paris Air Show, thereby ensuring rivals would have to answer questions about the deal at the industry’s premier event. The deal will turn United Technologies into a $74 billion commercial aviation and defense powerhouse, with the kind of scale and negotiating leverage that was previously only enjoyed by Boeing Co. and Airbus SE. Management at General Electric Co. and Honeywell International Inc. don’t seem in any rush to respond in kind, and they aren’t so sure bigger is better. But the United Technologies-Raytheon merger is so big that it will be impossible for them to ignore it.“We’ve never really considered scale as a part of our strategy,” Tim Mahoney, CEO of Honeywell Aerospace, said in an interview at the Air Show on Monday. The company prioritizes differentiated products that are more than a “me-too” and believes that will ultimately give it an advantage with manufacturers and airlines, he said. GE’s David Joyce, who heads up the company’s aerospace business, echoed that thought in a Bloomberg TV interview: “That merger may have scale but we have the right technologies and engines to be competitive.”During a media briefing earlier in the day, Joyce touted the advantages of GE’s Leap engine over the rival geared turbofan from United Technologies’ Pratt & Whitney arm, including what he says is a $1.4 million advantage in residual value and 6% better utilization. After the merger, GE’s biggest jet engine rivals will continue to be Pratt & Whitney and Rolls-Royce Holdings Plc, and “I feel really good about our positioning relative to either of those competitors right now,” Joyce said. The “right now” part of that sentence seems key. No, GE isn’t gaining a new competitor, but it is going to see a very different one.United Technologies and Raytheon are targeting $8 billion in annual R&D spending. GE Aviation spent $1.5 billion on R&D in 2018, including contributions from customers, according to its annual filing. That would put the aviation unit’s R&D spending at about 5% of sales. At the media briefing, Joyce said GE Aviation spends about 8% of its sales on R&D, which is based on $2.4 billion in total “engineering” spend. Either way, it’s less than the nearly 11% of United Technologies-Raytheon’s combined sales that will be devoted to investing in new products. Honeywell doesn’t disclose R&D spending by division, but spent $1.8 billion on company-sponsored R&D across all its businesses in 2018, according to its 10K. That’s roughly 4.3 percent of its total sales last year.The dollar amount isn’t everything. As GE itself knows far too well from its experience going down the rabbit hole on its Predix software platform, it’s quite easy to spend a lot of money without anything to show for it. And United Technologies will admittedly be distracted while it integrates not only Raytheon, but the $30 billion acquisition of avionics maker Rockwell Collins Inc., which only just closed in November. Not to mention it’s also trying to break itself in three parts. The company’s wager on scale is still highly untested and despite all the speculation about the sweeping consolidation its dealmaking might inspire, we haven’t seen much of that. Of the eight aerospace and defense deals larger than $5 billion over the past decade, United Technologies (or Rockwell Collins) has been involved as a buyer in four of them; United Technologies also sold its Sikorsky helicopter unit to Lockheed Martin Corp. for $9 billion in 2015. The party of bigger is better is pretty much a party of one – again, for now.Joyce interestingly said that while the United Technologies-Raytheon tie-up doesn’t make him feel compelled to act, he “wouldn’t rule out anything” when it comes to a deal with a good value proposition, and that he talks to CEO Larry Culp on a regular basis. That echoes increasingly frequent comments made by Culp about going on offense. I do wonder whether GE is thinking more seriously about dealmaking – or if it just wants investors to think that it is. As for the much-debated possible combination of GE Aviation and Honeywell Aerospace, I don’t get the impression the latter is that interested. Honeywell views acquisitions as a way to extend the capabilities of its businesses, rather than double down on more of the same, Mahoney said. He gives the example of Honeywell’s purchase of fuel-efficiency software maker Aviaso in 2015 for an undisclosed amount. Mahoney said he wished Aviaso was a larger business, which suggests he’s not opposed to bigger takeovers but only if the technology is really compelling.So don’t hold your breath on that one. But could there be other deals? Check back at next year’s Air Show in Farnborough. To contact the author of this story: Brooke Sutherland at bsutherland7@bloomberg.netTo contact the editor responsible for this story: Beth Williams at bewilliams@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Brooke Sutherland is a Bloomberg Opinion columnist covering deals and industrial companies. She previously wrote an M&A column for Bloomberg News.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.