|Bid||12.64 x 3000|
|Ask||12.65 x 4000|
|Day's Range||12.41 - 12.84|
|52 Week Range||5.48 - 13.35|
|Beta (5Y Monthly)||1.08|
|PE Ratio (TTM)||22.05|
|Earnings Date||Apr 27, 2021 - May 03, 2021|
|Forward Dividend & Yield||0.04 (0.30%)|
|Ex-Dividend Date||Mar 05, 2021|
|1y Target Est||12.31|
General Electric (NYSE: GE) investors are hoping the company can engineer a turnaround and get back to producing substantive amounts of earnings and free cash flow (FCF) again. To do so, GE is going to have to generate improved performance at its power, renewable energy, and aviation businesses.
Another incident involving a Boeing Co (NYSE: BA) 777 airplane experiencing engine problems during a flight occurred this morning over Russia. What Happened: Rossiya Airlines Flight 4520 from Hong Kong to Madrid made an emergency landing at Moscow’s Sheremetyevo - A.S. Pushkin International Airport at 4:44 a.m. local time after a problem arose with an engine control sensor. The aircraft, which landed without incident, is a 15-year-old Boeing 777-300ER. It is a cargo carrier equipped with GE90-115B engines made by General Electric Company (NYSE: GE). Why It’s Important: The incident creates a new problem for Boeing’s 777 aircraft, which experienced an in-flight engine malfunction in December on a Japan Airlines (OTC: JAPSY) flight from Okinawa to Tokyo and last weekend on a United Airlines Holdings Inc (NASDAQ: UAL) flight that had just taken off from Denver en route to Honolulu. Both of those flights involved 4000-112 engines made by Pratt & Whitney, a subsidiary of Raytheon Technologies (NYSE: RTX). Boeing called for the suspension of all 777 aircraft powered by the Pratt & Whitney engine, but neither the company nor General Electric has yet to publicly comment on the Rossiya Airlines incident. Rossiya Airlines is part of the Aeroflot Group (MCX: AFLT). (Photo: Boeing Co.) See more from BenzingaClick here for options trades from BenzingaBoeing 757 Diverted To Emergency Landing Over Engine ProblemsBoeing Seeks Grounding Of 777s Equipped With Pratt-Whitney Engine Model© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
A Rossiya Airlines Boeing 777 cargo plane made an emergency landing at Moscow's Sheremetyevo airport on Friday due to a problem with an engine control sensor, the airline said. The plane was a 15-year-old 777-300ER, according to flight tracking website FlightRadar24, which means it has General Electric engines. Those are different from the Pratt & Whitney PW4000 engines under scrutiny after an engine fire aboard a United Airlines 777 on Saturday which prompted the suspension of operations involving planes using those engines.