|Bid||7.02 x 1000|
|Ask||7.05 x 1800|
|Day's Range||6.99 - 7.38|
|52 Week Range||6.99 - 19.39|
|Beta (3Y Monthly)||0.54|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jan 22, 2019 - Jan 28, 2019|
|Forward Dividend & Yield||0.04 (0.54%)|
|1y Target Est||12.83|
Hedge funds run by legendary names like Nelson Peltz and David Tepper make billions of dollars a year for themselves and their super-rich accredited investors (you’ve got to have a minimum of $1 million liquid to invest in a hedge fund) by spending enormous resources on analyzing and uncovering data about small-cap stocks that the […]
Utilities are shutting down at least 18 of General Electric Co's newest gas turbines for repairs at power plants from Taiwan to France, according to more than a dozen interviews with plant operators and industry experts. The shutdowns, which follow a recent GE turbine blade failure in Texas, come as GE grapples with financial losses and a drop in orders for the massive generators that can supply electricity to hundreds of thousands of homes. GE is setting aside $480 million to repair its 9HA, 7HA and 9FB model turbines as it restructures its power business.
In 2014, WTI crude oil prices were north of $100 per barrel. Not surprisingly, energy stocks, and in particular oil stocks, were doing pretty well back then. The oil market was left with this massive oversupply glut, and that sent oil prices tumbling.
NEW YORK (Reuters) - Utilities are shutting down at least 18 of General Electric Co's (GE.N) newest gas turbines for repairs at power plants from Taiwan to France, according to more than a dozen interviews ...
Utilities are shutting down at least 18 of General Electric Co's (GE.N) newest gas turbines for repairs at power plants from Taiwan to France, according to more than a dozen interviews with plant operators and industry experts. The shutdowns, which follow a recent GE turbine blade failure in Texas, come as GE grapples with financial losses and a drop in orders for the massive generators that can supply electricity to hundreds of thousands of homes. GE is setting aside $480 million to repair its 9HA, 7HA and 9FB model turbines as it restructures its power business.
The S&P 500 erased virtually all of its gains from a week earlier, when the benchmark index notched its biggest weekly rise in seven years. Along with trade, Wall Street has been focused on bond yields and the direction of interest rate policy from the Federal Reserve, with some investors expecting a slower pace of hikes than previously anticipated. "It’s a crisis of confidence on the trade situation, what’s going to happen there, and maybe a little bit of a crisis of confidence in the Fed, given how quickly they have got to change their tune," said Walter Todd, chief investment officer at Greenwood Capital Associates in Greenwood, South Carolina.
General Electric GE made its painful dividend cut official on Friday, with the company's board of directors authorizing the payout to be cut to just a penny a share. GE first announced in late October it would be slashing the quarterly dividend to 1 cent a share, the second dividend cut announcement this year for the beleaguered company, which was once treasured by regular shareholders for its payout. GE chairman and CEO Larry Culp is trying to free up cash to save the once-venerable company while acknowledging that regular investors have fled the stock because of the drastic move.
The Board of Directors of GE (GE) today declared a $0.01 per share dividend on the outstanding common stock of the Company. GE encourages investors to visit these websites from time to time, as information is updated and new information is posted.
Warning! GuruFocus has detected 4 Warning Signs with T. Click here to check it out. AT&T (NYSE:T), on the other hand, currently has a very juicy dividend yield of 6.4%. Unlike GE, AT&T has kept the same CEO since 2007, has steadily increased its dividend per share throughout the years, and has just received approval for its mammoth acquisition of Time Warner for $85 billion.
Investing.com - Stocks in focus in premarket trade Friday:· Tesla (NASDAQ:TSLA) stock rose 2% as of 8:00 AM ET (13:00 GMT) after news that the luxury car maker plans to use a stock and cash mix to pay off its debt due in March.· Southwest Airlines (NYSE:LUV) stock gained 0.09% after reports that the company is close to getting certification to operate a flight route to Hawaii. The airline company also announced a 5% rise in November traffic. ...
NEW YORK, Dec 7 (IFR/LPC) - Industrial giant General Electric faces a challenging 2019 as it looks to sell assets to reduce its massive debt load and salvage its investment-grade ratings. The company's bonds have stabilized after a brutal sell-off following downgrades to Baa1/BBB+/BBB+, which triggered forced selling by some buyside accounts that had limits on how much Triple B debt they can own in a single company. The story is much worse than the market is pricing in," said Mike Terwilliger, a portfolio manager at Resource Alts.
General Motors and its recent 15,000 layoffs are an example that even in a good economy, good jobs are at risk. General Electric's recent woes also show that even the most iconic of companies can be upended. Layoffs at the larger companies are nearing 500,000 this year through November, with big names like Verizon Communications and the bankrupt toy chain Toys-R-Us making cuts.
Tobacco product Altria MO is buying a 45 percent stake in the cannabis producer for $1.8 billion. Big Lots BIG – The discount retailer l ost 16 cents per share for its latest quarter, wider than the one cent loss analysts were expecting. Revenue did beat forecasts, and a comparable store sales increase of 3.4 percent was above the consensus estimate of 2.9 percent.
HENDERSON, NV / ACCESSWIRE / December 7, 2018 / The cannabis industry is using a lot of wattage, here are some companies to consider. Today we are highlighting: CleanSpark, Inc. (CLSK), Aurora Cannabis, ...
Indonesian state-owned energy firm Pertamina on Friday said it reached financial close for a $1.8 billion integrated gas-fired power station project on Dec. 5 with Japanese partners Marubeni Corp and Sojitz ...
Utilities are shutting down at least 18 of General Electric Co's newest gas turbines for repairs at power plants from Taiwan to France, according to more than a dozen interviews with plant operators and ...
Tech services firm Epam Systems has thrived by hiring software developers in Eastern Europe. Epam has set itself apart in a crowded industry by specializing in custom software development.
Snap (NYSE:SNAP) is never a stock I’ve liked very much on the long side. Snap has solid revenue growth, but also bleeds too much money. Snap is down more than 50% so far in 2018 and at some point, it will likely bottom.
Evidence of late-cycle dynamics abound, from falling earnings growth projections to an ultra-tight labor market to tightening monetary policy. It isn’t working, with the company touting higher trade-in allowances on older models as it’s forced to adopt a promotional strategy. The company will next report results on Jan. 29 after the close.
Once valued over $500 billion two decades ago, the now roughly $66 billion General Electric (GE) has shown consistent business problems. It is only for the least sensitive investors to consider as a value investment in current times. Chief executive turnovers, quarterly dividend payouts cut down to a penny, GE Capital business concerns, reports of underfunded pension of some 620,000 retirees, and the ongoing SEC and Justice Department investigations have all contributed in wiping out nearly 56% of GE's share price just in 2018.
The company also announced a successor for Sam Nunn, who will not stand for reelection at the 2019 annual meeting.
Investing.com - U.S. futures pointed to a sharply lower open on Wall Street on Thursday, with the Dow futures down more than 350 points as a top Huawei executive was arrested, fueling worries that it could reignite U.S.-Sino trade disputes.The S&P 500 futures fell 48 points or 1.80% to 2,653.25 as of 6:40 AM ET (11:40 GMT) while Dow futures lost 458 points, or 1.83%, to 24.588. Meanwhile tech heavy Nasdaq 100 futures decreased 156 points, or 2.29%, to 6,647.12. ...