GE - General Electric Company
| Previous Close | 13.99 |
| Open | 13.97 |
| Bid | 0.00 x 3000 |
| Ask | 0.00 x 4000 |
| Day's Range | 13.88 - 14.07 |
| 52 Week Range | 12.61 - 27.05 |
| Volume | 48,547,196 |
| Avg. Volume | 66,899,779 |
| Market Cap | 120.639B |
| Beta | 0.71 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.84 |
| Earnings Date | Jul 20, 2018 |
| Forward Dividend & Yield | 0.48 (3.57%) |
| Ex-Dividend Date | 2018-06-15 |
| 1y Target Est | 17.07 |
- Reuters•20 hours ago
Post-Mugabe Zimbabwe set to frustrate eager investors
A European investor's phone rings in a Harare restaurant and it's good news: an $80 million construction deal has been agreed with the Zimbabwean government. All that's needed now is a central bank guarantee letter. President Emmerson Mnangagwa, who took power when Robert Mugabe was removed in a de facto coup last November, has been trying to woo investors ahead of an election on July 30, a contest in which he is the narrow favourite.
- Reuters•2 days ago
CFM confident of meeting LEAP engine target this year
Aircraft engine maker CFM is confident it will meet a target to deliver 1,100 LEAP engines this year, despite still being a few weeks behind schedule, executives said on Saturday. CFM, a joint venture between General Electric (GE.N) and Safran (SAF.PA), had said in May it was 4-6 weeks behind schedule. On Saturday, CFM officials said the delay had peaked at about 7 weeks but had since eased to 4-5 weeks.
- Motley Fool•3 days ago
3 Reasons to Buy United Technologies Stock
Hedge fund gurus have been buying the stock in anticipation of a breakup, but even without one, it's a good value.
Market Realist•3 days agoCaterpillar’s Dividend Yield Is Rising Again
Why Did Caterpillar Increase Its Dividend? As of July 11, Caterpillar’s (CAT) dividend yield was 2.4%—the highest in the past three quarters. To calculate the current dividend yield, we have factored in that Caterpillar would be paying the new dividend rate for the remaining quarters in fiscal 2018. In comparison, Boeing (BA), Honeywell (HON), and General Electric (GE) have dividend yields of 2%, 2.06%, and 3.4%, respectively.
Market Realist•3 days agoCaterpillar Increased Its Quarterly Dividend
Why Did Caterpillar Increase Its Dividend? For the fiscal third quarter, Caterpillar (CAT) declared a regular cash dividend for its common equity shareholders. To be eligible for this dividend, investors should hold Caterpillar shares at the end of July 20 in the company’s record book.
- Reuters•3 days ago
COLUMN-Beyond GE: U.S. workers own too much company stock in retirement plans
The once-mighty GE had become the sixth-smallest member of the 30-component Dow by market value and carried the index’s lowest stock price. But the company’s plunging stock highlights a problem that refuses to go away: too much concentration of employer stock in workplace retirement plans. GE stock has fallen nearly 80 percent from highs in 2000, serving up a reminder of the risk of holding your employer’s stock in a retirement account.
- Reuters•3 days ago
Post-Mugabe Zimbabwe set to frustrate eager investors
A European investor's phone rings in a Harare restaurant and it's good news: an $80 million construction deal has been agreed with the Zimbabwean government. All that's needed now is a central bank guarantee letter. President Emmerson Mnangagwa, who took power when Robert Mugabe was removed in a de facto coup last November, has been trying to woo investors ahead of an election on July 30, a contest in which he is the narrow favourite.
- InvestorPlace•3 days ago
Take Advantage of the Selloff in Caterpillar Stock — But Not Yet
Caterpillar Inc. (NYSE:CAT) faces a crossroads. Its recovery from the slump in the energy industry faces a huge potential interruption as a trade war with China escalates. CAT stock has fallen by more than 20% since January partially because of trade war threats.
- Bloomberg•3 days ago
Puerto Rico Erupts at $750,000 Pay for CEO at Bankrupt Utility
Governor Ricardo Rossello joined a chorus of outraged politicians and residents after Puerto Rico’s power utility extended a $750,000 salary to its new chief executive officer despite its bankruptcy and the possibility that public employees may soon face reduced benefits. In an emailed press release, Rossello said Thursday that the board members of the agency known as Prepa should rein in the compensation or resign, echoing criticism a day earlier from the president of the Senate, Thomas Rivera Schatz, and citizens who have been living through a decade-long recession and are bracing for government austerity policies. Rafael Diaz-Granados was named CEO on Wednesday, just hours after the surprise resignation of Walter Higgins.
- Bloomberg•3 days ago
Puerto Rico Bankrupt Utility Is Leaderless After Pay Scandal
Most board members of Puerto Rico’s power utility resigned Thursday after a chorus of outrage over pay for its new chief executive officer, who then pulled out of the job. In a letter to Governor Ricardo Rossello, five members of the panel said they were dismayed by "petty political interests." Earlier, Rossello joined politicians and residents in decrying the $750,000 salary pledged to incoming chief executive Rafael Diaz-Granados, which they said was exorbitant in light of the island’s financial crisis and the possibility that public employees may soon face reduced benefits. "We no longer believe that we have the support to perform the politically unpopular tasks necessary to drive the change from within PREPA," the board members wrote in the resignation letter, which was confirmed by a person with direct knowledge of the matter.
- Barrons.com•3 days ago
Some Hope for GE, Three Industrial Stocks to Buy Now
The Industrial Select Sector SPDR ETF (XLI) has underperformed the market year to date, not surprisingly, given that so many of the sector's components appear squarely in the crosshairs of a trade war. DeBlase also upgraded General Electric (GE) to Hold from Sell, citing recent asset divestitures.
- The Wall Street Journal•3 days ago
[$$] 3M Tops List of Business and Consumer Services Companies in Management Top 250
3M is one of six companies in the ranking that scored in the top 15% to 20% in all five categories of management effectiveness. The company, No. 8 overall in the ranking, is well known for consumer products such as Post-it Notes and masking tape but makes a wide range of business products as well, including industrial adhesives, electronics and energy products. In addition to innovation, the Management Top 250 evaluates companies’ management on consumer satisfaction, social responsibility, financial strength and employee engagement and development.
- Barrons.com•4 days ago
Morning Movers: General Electric Gains and Delta Flies as the Dow Bounces Back
The Dow Jones Industrial Average is making back yesterday's losses on trade optimism and solid economic data. •...highlight a Deutsche Bank upgrade of General Electric (GE). The trade war has yet to show signs of hitting the economy, and that's good enough for the stock market this morning.
- CNBC•4 days ago
Your first trade for Thursday, July 12
The " Fast Money " traders shared their first moves for the market open. Tim Seymour is a buyer of Canopy Growth CGC-CA Karen Finerman is a buyer of Delta DAL Steve Grasso is a buyer of General Electric ...
Markit•4 days agoSee what the IHS Markit Score report has to say about General Electric Co.
General Electric Co NYSE:GE
- Reuters•4 days ago
China says hopes U.S. firms will lobby Washington to defend their China interests
China's commerce ministry said on Thursday it hopes American firms operating in China will lobby the U.S. government and defend their interests as they will be impacted by U.S. trade action. General Electric, ...
Reuters•4 days agoBrazil prosecutors allege jailed GE executive helped company partake in medical cartel
By Brad Brooks SAO PAULO (Reuters) - General Electric Co's chief executive for Latin America took part in a medical equipment price-fixing scheme while at the conglomerate, making it a member of an international health-care cartel, according to allegations in a document filed by federal prosecutors. The executive, Daurio Speranzini Jr., was one of 20 people jailed last week in what prosecutors say was an arrangement among multinational companies Philips , Johnson & Johnson , and several others. While those arrests and the general allegations were widely reported last week, a close examination by Reuters of a 362-page court document filed with a Rio de Janeiro judge to gain approval to carry out arrest and search warrants shows that prosecutors also argue that GE was part of the group of companies that allegedly funneled bribes through a politically connected local medical supply firm.
Reuters•4 days agoBrazil prosecutors allege jailed GE executive helped company partake in medical cartel
General Electric Co's (GE.N) chief executive for Latin America took part in a medical equipment price-fixing scheme while at the conglomerate, making it a member of an international health-care cartel, according to allegations in a document filed by federal prosecutors. The executive, Daurio Speranzini Jr., was one of 20 people jailed last week in what prosecutors say was an arrangement among multinational companies Philips (PHG.AS), Johnson & Johnson (JNJ.N), and several others.
- Bloomberg•4 days ago
Puerto Rico's New Electric Utility Chief to Get $750,000 Salary
Puerto Rico’s bankrupt electric utility is getting a new boss: for $750,000 a year. Former General Electric executive Rafael Diaz-Granados will replace Walter Higgins as chief executive officer of the Puerto Rico Electric Power Authority, according to a statement from the utility.
Reuters•4 days agoBangladesh unveils $5.8 billion energy investment, two JV's with General Electric
Bangladesh announced two major energy deals on Wednesday, with a total $5.8 billion investment, two involving U.S. firm General Electric. Nearly 30 percent of Bangladesh's population do not have access to electricity. One of the joint ventures unveiled on Wednesday is a partnership between U.S. General Electric, Japan's Mitsubishi Corporation and local privately-owned Summit.
- Reuters•4 days ago
Bangladesh unveils $5.8 bln energy investment, two JV's with General Electric
Bangladesh announced two major energy deals on Wednesday, with a total $5.8 billion investment, two involving U.S. firm General Electric. Nearly 30 percent of Bangladesh's population do not have access to electricity. One of the joint ventures unveiled on Wednesday is a partnership between U.S. General Electric, Japan's Mitsubishi Corporation and local privately-owned Summit.
- Reuters•5 days ago
Bangladesh signs deal with General Electric, Mitsubishi to invest $3 bln in energy
General Electric and Mitsubishi Corporation are forming a joint venture with a Bangladesh private power firm to set up a 2,400 megawatt (MW) thermal power plant and related oil and LNG terminals in an investment of $3 billion, the companies said on Wednesday. The local firm, Summit, will hold 55 percent equity while Mitsubishi will take 25 percent and GE 20 percent. The project involves four thermal units of 600 MW each, a 380,000 metre cubic capacity liquefied natural gas (LNG) terminal and oil terminals with 100,000 metric tons capacity.
- Bloomberg•5 days ago
Mini-GEs Have Even Bigger Breakup Problems
General Electric Co. was both. Ten years after bad financial bets threatened to strangle the industrial giant, a cash crunch forced it to pursue yet another drastic slimdown. Examples include Standex International Corp., which offers industrial engraving services, sells hot dog and bun warmers and makes hydraulic cylinders for dump trucks.
- American City Business Journals•5 days ago
GE-backed startup Tamr says new $18M round is the last it will need
Big data startup Tamr has raised $18 million from Samsung and other strategic investors in Asia, and CEO Andy Palmer says it's the last money needed "to become financially independent.”
- CNBC Videos•4 days ago
Final Trade: CGC, DAL & more
The "Fast Money" traders share their final trades of the day, including Canopy Growth, General Electric, Pfizer and Delta Airlines.
