11.73 -0.01 (-0.09%)
After hours: 4:16PM EDT
|Bid||11.73 x 29200|
|Ask||11.73 x 321800|
|Day's Range||11.60 - 12.10|
|52 Week Range||11.60 - 25.21|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 25, 2018|
|Forward Dividend & Yield||0.48 (3.78%)|
|1y Target Est||16.82|
General Electric stock hit its lowest point since July 2009 this morning. GE is down 32 percent in 2018, despite a new CEO and turnaround plan.
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."
The dust had yet to settle on the global financial crisis in 2009 when an unlikely Wharton grad set in motion a fraud of unprecedented gall and magnitude - one that would come to symbolize the next great threat to the global financial system. Wall Street Journal correspondents Wright and Hope transform their investigation of a mind-boggling financial fraud into a nonfiction thriller tracking the rise and fall of Jho Low.
Shares of General Electric Co. dropped 3.7% in midday trade, putting them on track to close below the $12 mark for the first time in over nine years, as the selloff in the wake of an "issue" with a gas turbine forced a shutdown of an Exelon Corp. facility continued for a third session. Volume ballooned to 78.5 million shares, already more than the full-day average of 52.2 million shares, and enough to make the stock the most actively traded on the NYSE. It has tumbled 8.9% over the past three sessions, putting the stock on track for the lowest close wince July 22, 2009. The stock has tumbled 33% year to date, while the SPDR Industrial Select Sector ETF has gained 3.9% and the Dow Jones Industrial Average has advanced 7.4%.
While the Chinese people are using their newfound wealth within the country, its government is holding even more cash in hand, and has big plans. Let's find out how China is looking overseas to continue its storied growth.
The company’s latest issue involves GE Power, a division that has already had a series of operational setbacks. Although I do not think this problem will prevent GE stock from eventually rebounding, it could further delay the turnaround of GE Power. The latest challenge arose after one of GE’s customers discovered an issue with the conglomerate’s power plant turbines.
Japanese-Danish joint venture MHI Vestas can scale up its current offshore wind turbine platform to match a 12 megawatt (MW) rival product that is being developed by General Electric (GE), its chief executive said. The most powerful offshore turbines currently in commercial use were built by MHI Vestas and have an output of 8.8 MW. "We believe that we can occupy the space of the competition with the current platform and the current incremental design that we are considering," MHI Vestas Chief Executive Philippe Kavafyan told Reuters.
Former General Electric Vice Chair and chief marketing officer Beth Comstock has a message for corporate America: fight for the future.
Moody's Investors Service, ("Moody's") today assigned a first time (P)B3 Corporate Family Rating (CFR) to Austria-based distributed power technology company AI Alpine AT BidCo GmbH ("AI Alpine"). Concurrently, Moody's assigned a (P)B2 rating to the company's proposed $1,485 million senior first lien term loan B and to the $225 million revolving credit facility. The credit facilities will be used to finance the acquisition of General Electric's distributed power business known under the brands of Jenbacher and Waukesha by funds advised by Advent International Corporation.
Rather, stock charts of Apple (NASDAQ:AAPL), Marathon Oil (NYSE:MRO) and BorgWarner (NYSE:BWA) deserve the second, closer looks. Click to Enlarge• Up nearly 35% since its late-April low even with the recent low, Apple shares are still dangerously overbought and ripe for profit-taking.
GE Renewable Energy (GE) today launched its new onshore turbine platform, named Cypress, and the next model from that platform, GE’s 5.3-158 turbine. The platform advances the proven technology of GE’s 2MW and 3MW fleets, which serves an installed base of nearly 20GW, while also utilizing architecture and innovations from the 4.8-158 turbine introduced in 2017. Cypress enables significant AEP improvements, increased efficiency in serviceability, improved logistics and siting potential, and ultimately more value for customers.
GE stock has its merits, but Eaton Corporation is a better value for dividend investors, and Dover Corporation offers more for investors who like turnaround stories.
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 ...
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.
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 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.
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 ...
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.
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.
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.
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.