GE - General Electric Company
| Previous Close | 12.46 |
| Open | 12.40 |
| Bid | 0.00 x 1100 |
| Ask | 12.23 x 1000 |
| Day's Range | 12.16 - 12.56 |
| 52 Week Range | 11.94 - 25.21 |
| Volume | 95,419,064 |
| Avg. Volume | 57,854,703 |
| Market Cap | 105.77B |
| Beta | 0.72 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.87 |
| Earnings Date | Oct 25, 2018 |
| Forward Dividend & Yield | 0.48 (3.78%) |
| Ex-Dividend Date | 2018-09-14 |
| 1y Target Est | 16.82 |
- Bloomberg Video•yesterday
Former GE Exec Comstock Pushes for Creative Risk Taking
Sep.21 -- Beth Comstock, author of " Imagine It Forward" and former vice chair of General Electric Co., discusses the future of GE and the challenges facing women in the workplace with Bloomberg's Emily Chang on "Bloomberg Technology."
- Bloomberg•yesterday
Former GE Exec Comstock Pushes for Creative Risk Taking
Beth Comstock, author of " Imagine It Forward" and former vice chair of General Electric Co., discusses the future of GE and the challenges facing women in the workplace with Bloomberg's Emily ...
- TheStreet.com•yesterday
Tesla's People Problem and the Inscrutable Musk: 2 Things That Make You Go Hmmm
Things that make you go hmmm. Tesla shares are hovering near $300, and badly lagging the roaring Nasdaq this year, owing to the inscrutability of the company's Chairman and CEO Elon Musk. The issue is that unlike my small firm, Portfolio Guru LLC, Tesla is a massive global company, and the CEO is team leader, not team incarnate.
Reuters•yesterdayGeneral Electric says blade problem affects more gas turbines
GE said the oxidation, which weakens metal turbines blades, also could affect no more than 75 of its 9FB turbines, in addition to some 51 HA-Class turbines that it warned earlier may have the problem. GE said that the 9FB "comprises less than 1 percent of the company’s global gas turbine fleet" of 7,500 turbines installed worldwide. GE shares were down 1.5 percent at $12.28.
Reuters•yesterdayGeneral Electric says blade problem affects more gas turbines
GE said the oxidation, which weakens metal turbines blades, also could affect no more than 75 of its 9FB turbines, in addition to some 51 HA-Class turbines that it warned earlier may have the problem. GE said that the 9FB "comprises less than 1 percent of the company’s global gas turbine fleet" of 7,500 turbines installed worldwide.
- Reuters•yesterday
GE identifies blade problem in one more class of turbines
General Electric Co said on Friday it had identified "oxidation issue" in 9FB turbines, in addition to its HA class turbines, some of which were shut down due to the same problem. The 9FB turbine ...
- Motley Fool•yesterday
GE Shareholders, Buckle Up
CEO John Flannery is working to turn the sinking ship around, but hoo boy, that is going to really take some work.
Market Realist•yesterdayAnalyzing Caterpillar’s Short Interest
The latest short interest report on August 31 indicates that Caterpillar’s (CAT) short interest declined compared to its previous report two weeks ago. So far, Caterpillar’s short interest has been 1%–2% in 2018. Caterpillar managed to post strong earnings in the second quarter and beat analysts’ estimates.
Market Realist•2 days agoCaterpillar: Is Debt Servicing a Big Issue?
In the previous part, we discussed Caterpillar’s (CAT) debt position. In this part, we’ll discuss Caterpillar’s free cash flow and see if it’s strong enough to repay the debt. Caterpillar has been generating strong free cash flows.
- The Wall Street Journal•2 days ago
[$$] Stocks to Watch: Micron, Alphabet, Medtronic, Adobe Systems, Wells Fargo, United Natural Foods, General Electric, Eventbrite, MDC Partners
Here are some of the companies with shares expected to trade actively in Friday’s session. Check back closer to the market open for an updated list. Micron Technology Inc.—Down 2.7%: The memory chip maker issued a disappointing forecast with its fiscal fourth-quarter report, expecting revenue for the quarter ending in November to grow by its slowest rate in two years.
InvestorPlace•2 days ago3 Stock Charts for Friday: Darden Restaurants, Lennar and Hewlett Packard Enterprise
Heading into Friday’s trading, stock charts of Hewlett Packard Enterprise (NYSE:HPE), Lennar (NYSE:LEN) and Darden Restaurants (NYSE:DRI) are worthy of a closer look. • Zooming out to the weekly chart of HPE we see not only a bullish MACD crossover, we can also see there’s not any major established ceiling until you get to the $19 area.
- American City Business Journals•2 days ago
Report: Four GE turbines shut down by 'blade issue'
The company said in a statement that it expects more of the 51 turbines operating throughout the country could face similar issues.
- TheStreet.com•2 days ago
Former GE Exec Beth Comstock Reveals This Dire Change Companies Need to Make
Former General Electric Vice Chair and chief marketing officer Beth Comstock has a message for corporate America: fight for the future.
- MarketWatch•2 days ago
The most bearish GE analyst gets even more bearish
GE shares fall after the Wall Street analyst who has been the most downbeat on the industrial conglomerate is now even more bearish, citing increased concerns about the company’s power business.
- Reuters•2 days ago
PRESS DIGEST- Wall Street Journal - Sept 21
The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Comcast Corp and Twenty-First Century Fox Inc will settle their ...
- The Wall Street Journal•2 days ago
[$$] GE Discovers Flaw in Latest Power-Plant Turbines
General Electric Co. discovered a flaw in its newest power-plant turbines after a key part failed earlier this month, forcing utility Exelon Corp. to temporarily shut two Texas plants while GE makes repairs. GE said the problem is an “oxidation issue” related to a metal alloy that could cause distress on the fan blades of its HA gas turbine, hulking machines that generate electricity for thousands of homes. GE spent years developing the HA turbines, and the more-efficient design is central to GE’s efforts to compete with rivals such as Siemens AG in a difficult power market.
- Benzinga•2 days ago
A Gas Turbine Issue Turns A General Electric Bear Even Grizzlier
General Electric Company (NYSE: GE) shares have lost roughly a quarter of their value year-to-date, even as the company is embarking on a multiyear transformation plan to turnaround operations and refocus on core industrial businesses. The impact on asset value from a failure with a GE gas turbine product is a negative development for a company that has "little wriggle room," Tusa said in the downgrade note. Despite the company downplaying the issue as an "oxidation issue," Tusa said the problem is material enough for the customer, Exelon Corporation (NYSE: EXC), to have a plant shutdown.
- Reuters•2 days ago
US STOCKS-Industrials lead Dow to record high; tech boosts S&P, Nasdaq
Trade-sensitive industrial stocks led the Dow Jones Industrial Average to a record closing high on Thursday, the last of Wall Street's main indexes to fully regain ground since a correction that began ...
- TheStreet.com•2 days ago
General Electric Drops on Confirmation of Issue with Turbine Component
stock plummeted on Thursday, Sept. 20, after the head of its power unit confirmed an issue with a new model of its gas turbine. The Boston-based company discovered an "oxidation issue" that could cause distress on blade components of the HA gas turbine. "Obviously, this was a frustrating development, for us, as well as for our customers," GE Power CEO Russell Stokes wrote in a LinkedIn post.
- TheStreet.com•2 days ago
Dow, S&P 500 Jump to Record Highs; Wall Street Looks Past Trade Fears
also set a record, as investors assessed the risk landscape amid rising bond yields and higher crude oil prices and looked past trade war worries. The Dow has risen more than 300% since it bottomed out at 6,470 intraday on March 6, 2009 in the wake of the financial crisis that rocked Wall Street a decade ago.
InvestorPlace•2 days ago5 Top Stock Trades for Friday — Trading Micron Stock Earnings
The S&P 500 and Dow Jones hit new all-time highs on Thursday as U.S. equities continued to churn higher. That doesn’t mean every stock’s enjoying a day in the sun though. We also have some big earnings trades on list of top stock trades for tomorrow.Top Stock Trades for Tomorrow #1: Micron
- Investopedia•2 days ago
GE to Continue Free Fall: JPMorgan
JPM views GE's recent gas turbine failure in Texas as a "negative development for a company that has little wiggle room" for its struggling power business.
- TheStreet.com•2 days ago
GE Stock Won't Be a Buy Until It Acts Like George Costanza
The company's cash -- GE is burning cash from operations but presumably will receive cash proceeds from divestitures -- would be much better utilized to service debt in the near term and buy back stock over the longer term. The consensus forecast for GE's 2019 earnings per share is exactly one dollar. It's impossible to know what each analyst is thinking in terms of the composition of GE in 2019 with regard to timing of divestitures, but a buck is a round figure and it's a good benchmark.
- Reuters•2 days ago
US STOCKS-Dow hits record high as trade fears wane
The Dow Jones Industrial Average was the last among Wall Street's main indexes to regain record territory on Thursday as technology companies led a broad-based rally and trade worries faded. Tech stocks lead all three major U.S. indexes higher, with the S&P 500 also hitting a new high.
- American City Business Journals•2 days ago
GE shares fall after turbine problem comes to light
The company said it had discovered an “oxidation issue” related to its HA power plant turbines that debuted in 2016.
