|Bid||0.00 x 2200|
|Ask||0.00 x 800|
|Day's Range||12.76 - 13.08|
|52 Week Range||12.61 - 27.68|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 20, 2018|
|Forward Dividend & Yield||0.48 (3.52%)|
|1y Target Est||17.50|
This article is from today’s FT Opinion email. Sign up to receive a daily digest of the big issues straight to your inbox. Atul Gawande, who was named this week to head up a joint venture set up by Amazon, ...
This has been growing clearer for years, as both individual savers and big institutions yank money from “active” managers, who attempt to outperform the market using good stock selection, and into “passive” funds, which try only to track a benchmark index. The Dow Industrials is only a historical curiosity. , a chain of pharmacies, had taken GE’s place that they bid its stock up by 3 per cent, on Wednesday.
General Electric Co.?s removal from the Dow Jones Industrial Average this past week was a new low for the struggling industrial giant. GE will no longer be part of the blue-chip index come Tuesday, after the committee tasked with selecting Dow components decreed that it will be replaced by Walgreens Boots Alliance Inc. Over the past 12 months, GE has fallen 53% as it struggled to reorganize its business, minimizing the firm?s influence in the price-weighted index. In the past, getting kicked out of the Dow hasn?t been as bad for a stock as might be expected.
General Electric ’s removal from the Dow Jones Industrial Average this past week was a new low for the struggling industrial giant. GE will no longer be part of the blue-chip index come Tuesday, after the committee tasked with selecting Dow components decreed that it will be replaced by Walgreens Boots Alliance Over the past 12 months, GE has fallen 53% as it struggled to reorganize its business, minimizing the firm’s influence in the price-weighted index. The last 10 booted companies have risen an average of 6.4% in the year after their respective removals, according to The Wall Street Journal’s Market Data Group.
General Electric’s (NYSE:GE) operating segment, GE Transportation, recently secured orders for 50 new locomotives from the Mexican and US rail subsidiaries of Kansas City Southern (NYSE:KSU). Notably, these locomotives are expected to be delivered by GE Transportation in 2019. Also, GE Transportation will offer digital solutions that would improve fuel and operational efficiency.Source: Shutterstock
From top dividend kings by yield to the best five you can buy and hold forever: Here's your complete guide to this elite group of dividend growth stocks.
For those who look to piggyback on shareholder activism, Nelson Peltz is a fun investor to follow. It's no coincidence that Peltz's colleague Ed Garden is now on General Electric's Board, because the recommendations in the Trian presentation are those that would suit the reformation of a poorly-run, struggling-for-relevance industrial company. P&G, of course, is not an industrial company.
The Dow slid 2% on the week. For those keeping score in dollars, the Wilshire 5000 had a paper loss of $225 billion, or 0.7% What really weighed on the stock market was the escalation of the trade wars, notably with President Donald Trump calling for tariffs on an additional $200 billion of imports from China, on top of the levies on $50 billion already announced. Trump also threatened 20% tariffs on European autos, especially all the Mercedes autos parked on Fifth Avenue in Manhattan that have aroused his ire.
After the initial shock of S&P Dow Jones Indices booting General Electric Company (NYSE: GE ) from the Dow Jones Industrial Average in favor of Walgreens Boots Alliance Inc (NASDAQ: WBA ), traders are ...
General Electric: Is the Bottom Yet to Come? On June 17, French government spokesperson Benjamin Griveaux said that General Electric (GE) should be fined if it fails to generate enough jobs at Alstom Power. At the time of Alstom’s energy subsidiary acquisition in 2015, GE committed to creating 1,000 net new jobs at Alstom Power by the end of 2018.
General Electric's (GE) operating segment, GE Transportation, clinches orders for 50 new locomotives from the Mexican and US rail subsidiaries of Kansas City Southern.
General Electric: Is the Bottom Yet to Come? On June 19, the S&P Dow Jones Indices issued a press release stating that Walgreens Boots Alliance (WBA) would replace General Electric (GE) in the Dow Jones Industrial Average (DJIA). Walgreens is a national retail drugstore chain in the United States. The replacement is slated to occur before trading begins on June 26.
General Electric should suspend its quarterly dividend for the next 18 months, Goldman Sachs wrote in a Thursday night note to clients.
On June 21, General Electric (GE) stock hit a fresh low of $12.61. The last time GE stock witnessed these levels in intraday trade was July 2009 during the financial crisis era. Yesterday, General Electric stock opened at $12.81, down 0.62% from the previous day’s closing price of $12.89. After declining to $12.61, the stock picked up from that level and closed at $12.76. The stock’s 52-week high price was $28.19, which means the stock is trading at a 45% discount to its highest price in the last 52 weeks.
There are a number of reasons that attract investors towards large-cap companies such as General Electric Company (NYSE:GE), with a market cap of US$112.48b. Big corporations are much sought afterRead More...
chief executive Rupert Stadler became the highest-profile sitting executive to be arrested in the long-running diesel scandal, when German prosecutors arrived at his home on Monday and took him into custody for pre-trial detention, writes Patrick McGee in Frankfurt. Although Mr Stadler has not been charged, prosecutors said in a statement they were concerned that the head of Volkswagen’s most profitable unit could obstruct justice. The arrest came one week after his private apartment was raided by prosecutors, who named Mr Stadler a suspect on May 30.
of the Dow’s starting line-up, but the US economy has changed since 1896, explained David Blitzer, chairman of the S&P Dow Jones Indices committee, which picks the index’s components. “Consumer, finance, healthcare and technology companies are more prominent today and the relative importance of industrial companies is less,” he noted.