GE - General Electric Company
14.14 +0.09 (0.64%)
Pre-Market: 5:41AM EDT
| Previous Close | 14.68 |
| Open | 14.72 |
| Bid | 14.14 x 1400 |
| Ask | 14.20 x 2100 |
| Day's Range | 13.91 - 14.73 |
| 52 Week Range | 12.73 - 29.47 |
| Volume | 111,261,793 |
| Avg. Volume | 82,262,483 |
| Market Cap | 122.003B |
| Beta | 0.71 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.72 |
| Earnings Date | Jul 19, 2018 - Jul 23, 2018 |
| Forward Dividend & Yield | 0.48 (3.60%) |
| Ex-Dividend Date | 2018-02-23 |
| 1y Target Est | 17.12 |
- Bloomberg Video•14 hours ago
GE Gets Reality Check After Moody's Lowers Credit-Rating Outlook
Apr.25 -- Moody’s Investors Service Inc. just provided an important reality check to General Electric Co. The lowered credit-rating outlook came as GE hosted its annual shareholder meeting in Imperial, Pennsylvania. Bloomberg Gadfly's Brooke Sutherland has more on "Bloomberg Markets." Her opinions are her own.
- CNBC Videos•18 hours ago
Union president says he encourages cuts to the board of d...
CNBC's Morgan Brennan reports on headlines coming out of General Electric's annual shareholders' meeting.
- The Wall Street Journal•6 hours ago
[$$] KPMG Gets Cold Shoulder From GE Shareholders
General Electric shareholders approved KPMG as the company’s auditor, but only after a large level of opposition following GE’s accounting issues and criticism from proxy-advisory firms.
- The Wall Street Journal•6 hours ago
[$$] Danaher Approached GE About Deal for GE’s Life-Sciences Unit
Danaher Corp. recently expressed interest in a deal for General Electric Co.’s life-sciences business, but GE didn’t engage and isn’t pursuing a deal, according to people familiar with the matter. The unit could be worth more than $20 billion, according to analyst estimates and based on how much life-sciences businesses have fetched in recent deals. The abortive approach is one of a number GE has received for various businesses recently as competitors seek to gain advantage from its weakness, and shows how the once-mighty company’s fortunes have fallen.
- The Wall Street Journal•6 hours ago
[$$] GE Retirees, Union Challenge Board at Annual Meeting
GE shareholders gathered Wednesday at a company facility here and elected a smaller, revamped board after a difficult year at the industrial conglomerate. Several investors stood up to voice their concerns about the company’s direction and leadership. “2017 has been immensely disappointing to those of us on the board, the GE leadership team, employees across the business,” said Mr. Flannery, a company veteran who took the reins in August and is working to turn around the maker of everything from jet engines to lightbulbs.
- Reuters•12 hours ago
General Electric workers, shareholders protest at annual meeting
General Electric CO (GE.N) employees and shareholders voiced frustration on Wednesday with the company's poor performance, while attending the first annual meeting under Chief Executive Officer John Flannery, who has presided over a 43 percent decline in GE's stock price since taking over on Aug. 1. Several dozen union workers from GE factories in Pennsylvania, Canada and elsewhere protested outside a GE facility here, where about 450 shareholders gathered.
Reuters•12 hours agoGeneral Electric workers, shareholders protest at annual meeting
General Electric CO (GE.N) employees and shareholders voiced frustration on Wednesday with the company's poor performance, while attending the first annual meeting under Chief Executive Officer John Flannery, who has presided over a 43 percent decline in GE's stock price since taking over on Aug. 1. Several dozen union workers from GE factories in Pennsylvania, Canada and elsewhere protested outside a GE facility here, where about 450 shareholders gathered.
- Investor's Business Daily•13 hours ago
Why Latest Blow To GE Means Trouble Further Down The Line
GE was hit with yet another blow just in time for investors to vent their fury over the company's performance at the firm's annual shareholder meeting Wednesday.
Market Realist•13 hours agoWhat Happened to General Electric’s Revenues in 1Q18?
General Electric’s (GE) overall revenues stood at $28.6 billion in 1Q18, exceeding Wall Street’s estimate of $27.4 billion by 4.4%. On a YoY (year-over-year) basis, GE’s revenues in 1Q18 were up 3.6% from $27.6 billion in 1Q17.
- MarketWatch•13 hours ago
Facebook earnings beat estimates amid data privacy concerns
Facebook Inc. reported top and bottom line results late Wednesday that beat Wall Street analyst estimates, even amid the company public relations struggle following revelations of improperly handled data ...
- MarketWatch•13 hours ago
GE dealt another blow by Moody’s as shareholders line up to slam CEO Flannery
In the latest blow to beleaguered blue chip General Electric Co., Moody’s Investors Service on Wednesday revised its outlook on the company’s ratings to negative, meaning it could downgrade it in the medium term. The move “reflects the added headwinds to restoring GE’s credit profile as a result of the $1.5 billion reserve that GE recorded in relation to the investigation by the Department of Justice of possible violations of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (”FIRREA”) by WMC, GE Capital’s discontinued mortgage business,” the rating agency said in a note. Read now: Are you smart or foolish to buy GE stock right now?
- Bloomberg•14 hours ago
GE Gets Reality Check After Moody's Lowers Credit-Rating Outlook
Moody’s Investors Service Inc. just provided an important reality check to General Electric Co. The lowered credit-rating outlook came as GE hosted its annual shareholder meeting in Imperial, Pennsylvania. ...
- Investor's Business Daily•14 hours ago
Stocks Rise As Boeing Soars, GE Sinks, And Bitcoin Pares Losses
Key market index funds were down across the board as General Electric weighed on the Dow but Boeing soared on its earnings report.
Reuters•14 hours agoSafran says higher first-quarter revenue bolsters full-year targets
Safran (SAF.PA) said on Wednesday it expected to reach the high end of its full-year targets after posting a 12 percent rise in first-quarter revenues, and said it had not discovered any surprises since taking over Zodiac Aerospace in March. No news on Paris-based Zodiac is generally seen as good news, following production upheavals and repeated profit warnings that resulted in the company bowing to Safran's long-held takeover ambitions last year. "Overall, the state of the company matches what we expected," Safran Chief Executive Philippe Petitcolin said.
- TheStreet.com•14 hours ago
GE Falls as Moody's Changes Outlook While Shareholders Gather
fell Wednesday, April 25, as Moody's lowered the Boston-based industrial conglomerate's ratings outlook to negative, even though shareholders gathered and largely backed management's proposals. "The negative outlook reflects the added headwinds to restoring GE's credit profile as a result of the $1.5 billion reserve that GE recorded in relation to the investigation by the Department of Justice of possible violations of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 by WMC, GE Capital's discontinued mortgage business," the ratings giant said in a statement. Moody's also moved GE Capital's standalone credit profile into junk bond territory, cutting the rating from Baa3 to Ba1, citing further weakening of the company's capital position.
InvestorPlace•14 hours ago5 Top Stock Trades for Thursday Morning
With that in mind, let’s take a look at some of the top stock trades for tomorrow. Twitter Inc (NYSE:TWTR) reported another quarter of solid earnings results. It’s giving investors hope that Twitter’s recent improvements are a trend rather than just a one-quarter phenomenon.
- Barrons.com•14 hours ago
General Electric: There Goes the Credit Rating?
Just over six months ago, Standard & Poor's put General Electric (GE) on watch for a possible rating downgrade. Today, Moody's followed suit by lowering its outlook on GE's bond rating to Negative. It appears that the straw that broke this camel's back was the $1.5 billion that GE had to set aside to cover fines from its pre-financial-crisis mortgage lender WMC.
Market Realist•15 hours agoGeneral Electric’s 1Q18 Earnings Beat Estimates
General Electric (GE) released its 1Q18 earnings on April 20. On an adjusted basis, the company’s earnings per share (or EPS) came in at $0.16, up 14.0% YoY (year-over-year) from the restated $0.14 in 1Q17. GE surpassed Thomson Reuters–surveyed analysts’ adjusted EPS target of $0.11 by a whopping 41.3%.
- Zacks•15 hours ago
Top Analyst Reports for Alphabet, General Electric & Schlumberger
Top Analyst Reports for Alphabet, General Electric & Schlumberger
- Bloomberg•16 hours ago
GE's Relief Rally Gets a Reality Check From Moody's
General Electric Co. is making progress on its reinvention, but Moody’s Investors Service Inc. just provided an important reality check. The credit-rating company on Wednesday said it now has a negative outlook on GE as a whole, and lowered the stand-alone credit profile for GE Capital to Ba1, one step below investment grade. The move knocked GE shares down more than 4 percent, erasing the gains from last Friday after the company reported better-than-expected results and maintained its 2018 outlook.
- MarketWatch•16 hours ago
Are you smart or foolish to buy GE stock right now?
Jeff Reeves looks at the arguments for and against the stock in the wake of the recent earnings beat.
- Reuters•17 hours ago
US STOCKS-Financial, tech stocks lead Wall St lower as yields rise
Financial and technology stocks led Wall Street lower on Wednesday as concerns about rising U.S. bond yields eclipsed gains from Boeing and Comcast following strong results. Shares of the world's biggest planemaker rose 2.5 percent after its profit jumped by more than half in the first quarter and the company raised its full-year forecasts for cash flow and earnings.
- Reuters•17 hours ago
Safran CEO cautious on further Airbus jet output increases
The head of French engine maker Safran (SAF.PA) struck a cautious note on further increases in Airbus jet production on Wednesday, saying he could not commit just yet to expanding the supply of new engines co-produced with General Electric (GE.N). Through their CFM joint-venture, Safran and GE are changing models to the LEAP engine, which has faced some delivery delays. The engines power the latest version of Boeing 737 and about half of the A320neo line sold by Airbus, which said earlier it planned to raise its 2019 output target to 63 a month from 60.
- American City Business Journals•18 hours ago
GE shareholders vote to keep KPMG as auditor, early tally shows
It appears KPMG will overcome criticism that it is not independent enough from GE and that it is responsible in part for the company's recent accounting issues.
- American City Business Journals•19 hours ago
At Mass. forum, health care heavyweights say AI is new frontier of medicine
Some of the biggest names in health care are bullish about the use of artificial intelligence in their industry, despite regulatory and data challenges.
