GE - General Electric Company
9.32 -0.01 (-0.11%)
After hours: 7:59PM EDT
| Previous Close | 9.32 |
| Open | 9.30 |
| Bid | 9.32 x 43500 |
| Ask | 9.33 x 28000 |
| Day's Range | 9.22 - 9.35 |
| 52 Week Range | 6.40 - 14.99 |
| Volume | 37,882,796 |
| Avg. Volume | 93,011,509 |
| Market Cap | 81.261B |
| Beta (3Y Monthly) | 0.91 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -2.63 |
| Earnings Date | Apr 30, 2019 |
| Forward Dividend & Yield | 0.04 (0.38%) |
| Ex-Dividend Date | 2019-03-08 |
| 1y Target Est | 12.61 |
Reuters•37 minutes agoU.S. accuses pair of stealing secrets, spying on GE to aid China
A former engineer and a Chinese businessman have been charged with economic espionage and conspiring to steal trade secrets from General Electric Co to benefit China, according to an indictment unsealed by the U.S. Justice Department on Tuesday. The indictment against the former GE engineer, Xiaoqing Zheng, and Chinese businessman Zhaoxi Zhang, comes after Zheng was initially charged in August in connection with the alleged theft. The charges are the latest in a handful of cases brought by the Justice Department since last year as part of a broader crackdown by the Trump administration, which has vowed to fight Chinese theft of corporate secrets, cheating through intellectual property theft, illegal corporate subsidies and the use of rules that hamper U.S. corporations that want to sell their goods in China.
- Zacks•5 hours ago
General Electric (GE) Gains But Lags Market: What You Should Know
General Electric (GE) closed at $9.33 in the latest trading session, marking a +0.11% move from the prior day.
- GuruFocus.com•5 hours ago
Cynosure Management, Llc Buys Westinghouse Air Brake Technologies Corp, Sells General Electric ...
Investment company Cynosure Management, Llc buys Westinghouse Air Brake Technologies Corp, sells General Electric Co, Wells Fargo, Union Pacific Corp during the 3-months ended 2019Q1, according to the ...
GuruFocus.com•5 hours ago6 Poorly Performing Stocks in Gurus' Portfolios
While gurus hold positions in these companies, the share price and returns continue to fall. The share price of $63 is 20.93% below its 52-week high and 4.36% above its 52-week low. The return on equity of 25.50% and return on assets of 8.29% are outperforming 79% of companies in the Drug Manufacturers - Major industry.
- Associated Press•6 hours ago
Ex-GE engineer charged with stealing trade secrets for China
ALBANY, N.Y. (AP) — A former General Electric engineer and his business partner in China were indicted Tuesday on charges they stole the company's trade secrets from a New York plant for the Chinese government in what federal prosecutors called "a textbook example" of industrial espionage.
- Investor's Business Daily•6 hours ago
United Technologies Warns Boeing 737 Max Grounding May Hit Earnings
United Technologies reported strong first-quarter earnings early Tuesday, but warned they may suffer this year with Boeing's 737 Max on hold.
Reuters•11 hours agoGE's WMC Mortgage unit, felled by financial crisis, files Chapter 11 bankruptcy
The Chapter 11 filing affords "finality" for WMC, given its limited cash --$175,000-- and support from GE, and the threat of further claims, WMC Chief Executive Mark Asdourian said in a filing with the U.S. bankruptcy court in Wilmington, Delaware. WMC was bought by General Electric's GE Capital unit in 2004, and originated more than $65 billion of mortgage loans from 2005 to 2007.
Reuters•11 hours agoGE's WMC Mortgage unit, felled by financial crisis, files Chapter 11 bankruptcy
The Chapter 11 filing affords "finality" for WMC, given its limited cash --$175,000-- and support from GE, and the threat of further claims, WMC Chief Executive Mark Asdourian said in a filing with the U.S. bankruptcy court in Wilmington, Delaware. WMC was bought by General Electric's GE Capital unit in 2004, and originated more than $65 billion of mortgage loans from 2005 to 2007. WMC sold most of its assets that December to DLJ Capital.
- Zacks•12 hours ago
Analysts Estimate General Electric (GE) to Report a Decline in Earnings: What to Look Out for
GE (GE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- Zacks•14 hours ago
FAA to Award First Drone Airline License
The FAA is set to award its first UAS license, setting the stage for scores of others.
- InvestorPlace•2 days ago
3 Big Stock Charts for Monday: Caterpillar, Lamb Weston and CF Industries
Given its modestly poor performance on Tuesday and Wednesday, the odds were against a gain on Thursday headed into the long weekend. But the S&P 500 defied the odds, clawing its way back out of the red to leave behind a 0.16% gain. It's clear, however, the weight of the gains since late December aren't going to be easy to shrug off.Source: Allan Ajifo via Wikimedia (Modified)Investors can thank General Electric (NYSE:GE) for doing a great deal of the heavy lifting. Shares of the struggling industrial giant were up 2.5% after Melius Research analyst Scott Davis claimed a top industrial investor is stepping into the beaten-down stock.At the other end of the spectrum, Pfizer (NYSE:PFE) fell 1.5%, extending a sector-wide selloff that largely stems from an uncertain future for healthcare. Most Democratic Presidential candidates are developing a platform on government-managed healthcare, while Republicans aren't offering much in the way of alternatives.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 6 Cheap Stocks That Cost Less Than $10 Neither of those names is a particularly great trading prospect as the new trading week kicks off though. Rather, take a look at the stock charts of CF Industries Holdings (NYSE:CF), Caterpillar (NYSE:CAT) and Lamb Weston Holdings (NYSE:LW) for your best bets. Caterpillar (CAT)Caterpillar shares have been losing ground since early 2018. Although 2017 was almost heroic, fear of tariffs followed by the actual implementation of those tariffs took a sizeable toll on CAT stock.Things have changed since October's low though. We've seen a string of higher lows, and as of the end of last week, higher highs. There's just one more hurdle to clear before Caterpillar stock is in full-blown breakout mode. Click to Enlarge * The breakout trigger would be a thrust above the upper edge of the falling trading range plotted in white on the weekly chart. One or two more good days could get the stock past that ceiling. * In the meantime, CAT stock has cleared a horizontal ceiling at $142.83, plotted with a yellow dashed line on both stock charts. Shares hit highs there a couple of times before pushing above that resistance last week. * If the breakout takes hold, the most plausible upside target is around $159, where CAT peaked several times in the middle of last year. That level is marked with a dashed blue line on the daily chart. Lamb Weston Holdings (LW)You may be more familiar with Lamb Weston Holdings than you realize. The company supplies potato products to the restaurant industry. Restaurants sell 80 million servings of Lamb Weston-supplied fries every single day. It may also be unfamiliar simply because it has only been a publicly traded entity since late 2016, when it was spun off by ConAgra Foods (NYSE:CAG).LW stock had a pretty good post-spinoff run too. As of last week though, it's pretty clear the post-spinoff euphoria has run its course. LW stock is one bad day away from a major meltdown. * 10 Best Stocks to Buy and Hold Forever Click to Enlarge * Thursday's low lines up with the last two major lows, plotted with a yellow dashed line on both stock charts. * Although the intermediate-term support is still intact, the horizontal support at $68.00, where Lamb Weston stock found a floor a few times in February and March, failed as a floor on Thursday. * It's subtle and not yet convincing, but Friday's bearish volume in LW stock was above average. It's a hint that there may be a lot more nervous investors waiting in the wings to dump their stake should things get any worse. CF Industries Holdings (CF)A month ago, CF stock was close to a breaking point. It was moving back toward a low around $89 for a second time after falling to that level in early March, with some momentum behind the effort.The stock never slipped over the edge though. Rather, it pushed up and off that floor at $89 to make a double bottom. Now shares are within striking distance of a couple of different technical ceilings that could prove quite catalytic. Click to Enlarge * The first of those technical ceilings is $45.40, marked with a red dashed line. That's where shares peaked in February, and so far where they've peaked in April. * Bolstering the bullish case is the amount of buying volume that materialized the last two days of last week. There are willing buyers out there. * Further bolstering the bullish case is the way CF stock found support at a well-established support line plotted in purple on the weekly chart. It has tagged all the key lows going back to late 2016. * At this point, the make-or-break line is the 200-day moving average line, plotted in white on both stock charts.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Tech Stocks With Too Much Risk, Not Enough Upside * 7 Companies That Are Closing the CEO-Worker Wage Gap * 7 Video Game ETFs That Will Make You a Winner Compare Brokers The post 3 Big Stock Charts for Monday: Caterpillar, Lamb Weston and CF Industries appeared first on InvestorPlace.
- Financial Times•2 days ago
Business leaders are blinded by industry boundaries
Former Intel chief executive Andy Grove called these moments “strategic inflection points”. For some, he wrote, “That change can mean an opportunity to rise to new heights. Successful companies such as BlackBerry maker Research In Motion and Nokia did not heed the early signs of a move to app-based smartphones. The problem is a strategic inflection point can come along and make the reference points they have developed obsolete.
- Investopedia•2 days ago
The Rise and Fall of General Electric
The General Electric Co., once considered a bellwether of blue-chip stocks, is no longer a part of the Dow Jones Industrial Average.
- Motley Fool•3 days ago
3 Things to Look Out for When General Electric Reports Earnings
GE's upcoming earnings report is likely to be highly eventful, but investors should focus on the long term.
- Motley Fool•3 days ago
Investing in General Electric Is All About These 3 Key Things
A look at the risks you need to weigh before buying GE stock.
- Investopedia•4 days ago
GE Subsidiaries: List of Mergers and Acquisitions
General Electric is one of the largest and, at times, most profitable multinational conglomerate in the U.S. These subsidiaries and acquisitions represent some of GE's key operational segments.
- TheStreet.com•5 days ago
Danaher's Earnings Drop on GE Biopharma Acquisition Costs
biopharma healthcare business offset revenue. On an adjusted basis, the company earned $1.07 a share, above the 99 cents posted a year ago and the $1.02 a share forecast by analyst surveyed by FactSet. Revenue increased to $4.9 billion from $4.7 billion in the same period in 2018, with non-GAAP core revenue growth of 5.5%.
- Zacks•6 days ago
Danaher (DHR) Q1 Earnings Top, View Down on Buyout Impact
Danaher's (DHR) first-quarter 2019 results gain from sales growth and DBS initiatives. It lowers projection for 2019 to include the dilutive impact of the BioPharma buyout.
- Barrons.com•6 days ago
GE Stock Got a Thumbs Up From a Mysterious ‘Smartest Man’
General Electric’s beaten-down stock is up 25% year to date, and an analyst said the smartest industrial investor he knows is buying the shares.
- Market Realist•7 days ago
US and Chinese Economies Are on Different Trajectories
China’s Slowdown Concerns Decline amid Strong Data(Continued from Prior Part)Chinese economy On April 17, China (FXI) released several economic data points. The country’s first-quarter GDP growth of 6.4% surprised on the upside. Other indicators
- Reuters•7 days ago
ABB CEO steps down abruptly in middle of group's overhaul
ABB Chief Executive Ulrich Spiesshofer has quit the Swiss industrial group as the board and major shareholders look for a speedier turnaround at the maker of industrial robots and supplier of factory automation. Spiesshofer's abrupt exit follows the launch of the biggest overhaul in ABB's 31-year history to reposition the company more towards digital industries and agreeing to activist shareholder demands to sell its power grids business. Time ran out for Spiesshofer, who has led ABB since September 2013, following a conference call between board members on Tuesday evening.
- Market Realist•7 days ago
What Does Gundlach Have to Say about the Fed’s Next Moves?
Why Jeffrey Gundlach Thinks Now's a Good Selling Opportunity(Continued from Prior Part)Jeffrey Gundlach on central banks Jeffrey Gundlach presented his views on central banks’ policies and how they impact investments during his interview with The
- Bloomberg•7 days ago
Elizabeth Warren’s Corporate Tax Plan Sounds Reasonable. It Isn’t.
To see why, it's important to realize that corporations calculate their profit using at least two different accounting methods. The first method, using guidelines from the Securities and Exchange Commission, determines how corporations calculate the earnings they report to Wall Street. A separate set of accounting guidelines from the Internal Revenue Service is used to formulate corporate tax bills.
- Motley Fool•7 days ago
What to Look for When Honeywell Reports Earnings
The pressure is on for Honeywell to deliver.
