|Bid||0.00 x 1100|
|Ask||12.23 x 1000|
|Day's Range||12.16 - 12.56|
|52 Week Range||11.94 - 25.21|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 25, 2018|
|Forward Dividend & Yield||0.48 (3.78%)|
|1y Target Est||16.82|
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.
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 shares were down 1.5 percent at $12.28.
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.
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.
The company said in a statement that it expects more of the 51 turbines operating throughout the country could face similar issues.
Former General Electric Vice Chair and chief marketing officer Beth Comstock has a message for corporate America: fight for the future.
GE shares fall after the Wall Street analyst who has been the most downbeat on the industrial conglomerate is now even more bearish, citing increased concerns about the company’s power business.
The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Comcast Corp and Twenty-First Century Fox Inc will settle their ...
General Electric Co. discovered a flaw in its newest power-plant turbines after a key part failed earlier this month, forcing utility Exelon Corp. to temporarily shut two Texas plants while GE makes repairs. GE said the problem is an “oxidation issue” related to a metal alloy that could cause distress on the fan blades of its HA gas turbine, hulking machines that generate electricity for thousands of homes. GE spent years developing the HA turbines, and the more-efficient design is central to GE’s efforts to compete with rivals such as Siemens AG in a difficult power market.
General Electric Company (NYSE: GE) shares have lost roughly a quarter of their value year-to-date, even as the company is embarking on a multiyear transformation plan to turnaround operations and refocus on core industrial businesses. The impact on asset value from a failure with a GE gas turbine product is a negative development for a company that has "little wriggle room," Tusa said in the downgrade note. Despite the company downplaying the issue as an "oxidation issue," Tusa said the problem is material enough for the customer, Exelon Corporation (NYSE: EXC), to have a plant shutdown.
Trade-sensitive industrial stocks led the Dow Jones Industrial Average to a record closing high on Thursday, the last of Wall Street's main indexes to fully regain ground since a correction that began ...
stock plummeted on Thursday, Sept. 20, after the head of its power unit confirmed an issue with a new model of its gas turbine. The Boston-based company discovered an "oxidation issue" that could cause distress on blade components of the HA gas turbine. "Obviously, this was a frustrating development, for us, as well as for our customers," GE Power CEO Russell Stokes wrote in a LinkedIn post.
also set a record, as investors assessed the risk landscape amid rising bond yields and higher crude oil prices and looked past trade war worries. The Dow has risen more than 300% since it bottomed out at 6,470 intraday on March 6, 2009 in the wake of the financial crisis that rocked Wall Street a decade ago.
The S&P 500 and Dow Jones hit new all-time highs on Thursday as U.S. equities continued to churn higher. That doesn’t mean every stock’s enjoying a day in the sun though. We also have some big earnings trades on list of top stock trades for tomorrow.Top Stock Trades for Tomorrow #1: Micron
JPM views GE's recent gas turbine failure in Texas as a "negative development for a company that has little wiggle room" for its struggling power business.
The company's cash -- GE is burning cash from operations but presumably will receive cash proceeds from divestitures -- would be much better utilized to service debt in the near term and buy back stock over the longer term. The consensus forecast for GE's 2019 earnings per share is exactly one dollar. It's impossible to know what each analyst is thinking in terms of the composition of GE in 2019 with regard to timing of divestitures, but a buck is a round figure and it's a good benchmark.