GE - General Electric Company
8.33 +0.01 (0.12%)
After hours: 7:14PM EST
| Previous Close | 8.61 |
| Open | 8.76 |
| Bid | 8.36 x 1100 |
| Ask | 8.37 x 1100 |
| Day's Range | 8.19 - 8.85 |
| 52 Week Range | 7.72 - 19.39 |
| Volume | 170,169,781 |
| Avg. Volume | 101,553,813 |
| Market Cap | 72.368B |
| Beta (3Y Monthly) | 0.60 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -3.65 |
| Earnings Date | Jan 22, 2019 - Jan 28, 2019 |
| Forward Dividend & Yield | 0.04 (0.50%) |
| Ex-Dividend Date | 2018-09-14 |
| 1y Target Est | 13.97 |
- Yahoo Finance Video•9 hours ago
MARKETS: Markets taking hit with Apple and bank stocks sliding
Markets turn downward as tech stocks continue slide. Yahoo Finance's Seana Smith and Adam Shapiro talk with Scott Gamm at the NYSE.
- Fox Business Videos•9 hours ago
GE lost its bearing in dealing with the balance sheet: Bob Wright
Former General Electric Vice Chairman Bob Wright on the future of General Electric and the CNN lawsuit against the White House over the revoking of correspondent Jim Acosta's credentials.
- Fox Business Videos•9 hours ago
GE is a problem for the markets: Gasparino
FBN's Charlie Gasparino on the banks that may be in Rep. Maxine Waters', (D-Calif.), crosshairs as the potential House Financial Services Committee Chair and the future of General Electric.
- The Wall Street Journal•3 hours ago
[$$] GE Credit Crunch Ripples Across Wall Street
A steep fall in GE’s bonds to junk levels is roiling credit markets, spreading pain and gain among investors and banks.
- Reuters•3 hours ago
Several high-profile funds raised stakes in GE before selloff - filings
Several prominent investors raised their stakes in General Electric Co (GE.N) in the third quarter, before its shares sank in recent weeks, filings with the U.S. Securities and Exchange Commission showed on Wednesday. D.E. Shaw & Co LP, Viking Global Investors LP and Canyon Capital Advisors LLC each reported larger holdings in GE in the quarter ended Sept. 30 than in the prior quarter, according to filing data collected by Refinitiv and reviewed by Reuters. GE shares have collapsed more than 50 percent this year, including 31 percent over the last month.
Reuters•3 hours agoSeveral high-profile funds raised stakes in GE before selloff: filings
Several prominent investors raised their stakes in General Electric Co (GE.N) in the third quarter, before its shares sank in recent weeks, filings with the U.S. Securities and Exchange Commission showed on Wednesday. D.E. Shaw & Co LP, Viking Global Investors LP and Canyon Capital Advisors LLC each reported larger holdings in GE in the quarter ended Sept. 30 than in the prior quarter, according to filing data collected by Refinitiv and reviewed by Reuters. GE shares have collapsed more than 50 percent this year, including 31 percent over the last month.
Reuters•4 hours agoGeneral Electric pulls out of Nigeria rail concession
General Electric Co (GE.N) has pulled out of a long-term concession deal with the Nigerian government to maintain and operate narrow-gauge rail lines in the West African country, a procurement process adviser told Reuters on Wednesday. The Nigerian railway concession project was worth around $2 billion for two lines connecting northern cities to others in the south. The government had been due to enter into negotiations last year with GE over a railway project, although Nigeria's upper house of parliament had said it would probe the railway concession over possible violations by Nigerian officials.
Bloomberg•5 hours agoAfter GE, Investors Are Watching These Debt-Laden Companies
Many investors fear that as global economic growth shows signs of slowing, the rosy assumptions built into companies’ profit forecasts could prove wrong, and at least some of the lowest-rated high-grade debt may end up getting cut to junk. Blue-chip company debt has been clobbered this week, and is on track for its worst year since 2008. One of the biggest whipping boys in corporate bond markets Tuesday was GE, which is facing weak demand for gas turbines, high debt levels and a federal accounting probe.
GuruFocus.com•5 hours agoAndreas Halvorsen's Top 4 Position Boosts in 3rd Quarter
Guru continues buying Chinese retail giant and struggling industrial conglomerate
- TheStreet.com•7 hours ago
Wednesday Wrap-Up: The Bear Bites Into Apple
Late on Monday, Goldman Sachs cut its price target for Apple to $209 a share from $240 after one of its suppliers, Lumentum Holdings Inc. (LITE - Get Report) said one of its key customers requested a shipments reduction. Apple uses Lumentum's components for its Face ID facial recognition system on the iPhone X, making it highly likely that it was Apple that requested the reduction. Apple planning to buy fewer parts from Lumentum would signify it will sell fewer iPhones going forward than initially expected.
- Insider Monkey•7 hours ago
4 Stocks Billionaire Ray Dalio Bought in Q3 (and 1 He Dumped)
Billionaire money manager and author Ray Dalio founded Bridgewater Associates in 1973 and has made a lot of people a lot of money since then, including himself. Dalio is currently ranked 54th on Forbes’ list of the richest people in the world, with an estimated net worth of $18.1 billion. While Dalio is no longer […]
- Benzinga•8 hours ago
Jim Cramer's Ways To Spot A Dividend Cut Coming
Dividends are a reliable way for investors to generate returns no matter what's going on in the broader market, but even dividend payments aren't 100 percent reliable. As General Electric Company (NYSE: GE) investors know all too well, a company in a cash crunch often considers a dividend cut one of the best ways to shore up an ugly balance sheet. According to Cramer, an extremely high yield is the first sign that a dividend it as risk.
- InvestorPlace•9 hours ago
My 7 Worst Stock Picks of 2018
Investment gurus and talking heads who appear in the business media love to talk about their best stock ideas. Not many like to talk about their worst ideas. What do you think is the number one trait of an outstanding portfolio manager or research analyst? In my books, it’s humility. The ability to understand that you’re human and likely to be wrong 40%-50% of the time.
- Reuters•10 hours ago
Baker Hughes, GE fall after offering priced at discount
The 92 million shares of Baker Hughes for sale by GE was priced at $23.00, below the stock's $23.81 closing price on Tuesday, and came a day earlier than planned. GE, which is struggling to rebuild its industrial businesses, said on Tuesday it would sell a portion of its stake in Baker Hughes to repay debt. GE will be able to raise nearly $4 billion from the sale if underwriters exercise options to buy an additional 9.2 million shares, with Baker Hughes repurchasing another 65 million shares in a private transaction at a maximum aggregate of $1.5 billion.
- Reuters•10 hours ago
Baker Hughes, GE fall after offering priced at discount
Oilfield services company Baker Hughes , majority owned by General Electric Co, said a previously announced share offering was priced at a discount of 3.4 percent, sending shares of both companies lower on Wednesday. The 92 million shares of Baker Hughes for sale by GE was priced at $23.00, below the stock's $23.81 closing price on Tuesday, and came a day earlier than planned. GE, which is struggling to rebuild its industrial businesses, said on Tuesday it would sell a portion of its stake in Baker Hughes to repay debt.
- Investing.com•10 hours ago
General Electric Falls 4%
Investing.com - General Electric (NYSE:GE) fell by 3.89% to trade at $8.28 by 10:53 (15:53 GMT) on Wednesday on the NYSE exchange.
- TheStreet.com•10 hours ago
How to Trade General Electric Stock After Brutal Fall
A halving of the dividend a month later and Warren Buffett bailing on GE a few months later were further signs of deterioration. Also, that pesky analyst Stephen Tusa of JPMorgan hasn't stopped torturing bulls, with negative note after negative note. All of this has buried GE stock, causing it to fall from $11 before earnings on Oct. 30 to new lows of $7.72 just a few days ago.
- Zacks•10 hours ago
General Electric (GE) Inks Series of Agreements With BHGE
General Electric (GE) and Baker Hughes, a GE company, sign a series of agreements to amend their existing commercial and technological relationships. General Electric also seals a deal with PPL Corporation.
Market Realist•11 hours agoITW’s Short Interest Is at Its Highest Point: What Could It Mean?
In the latest short interest report on November 2, the data indicated that Illinois Tool Works’ (ITW) short interest was at its highest point of 2018. According to the report, ITW’s short interest was 1.56% of its outstanding shares compared to 1.27% on October 15. The increase in its short interest suggests a rise in negative sentiments toward the stock. As a result, its short interest ratio is ~3.05x, indicating that it would require three days to cover all of the short positions in the stock.
- The Wall Street Journal•12 hours ago
[$$] Toys 'R' Us Wins Confirmation of Chapter 11 Payment Plan
A judge signed off on a bankruptcy plan for Toys “R” Us that gives control of the brand to a group of hedge funds and provides a fractional payment to suppliers, after a failed turnaround effort.
- InvestorPlace•13 hours ago
Getting Better at Selling Assets Alone Won’t Help GE Stock
The timing of the optimistic comments from General Electric (NYSE:GE) CEO Larry Culp was anything but a coincidence. Just one trading day after GE stock fell another 6% in response to an alarming assessment from JPMorgan Chase analyst Stephen Tusa, Culp appeared on CNBC’s “Squawk on the Street” to ease some of the concerns Tusa raised. The GE stock price was off another 4% on Monday despite the pep-talk earlier that day.
Bloomberg•13 hours agoA $100 Billion Fund Manager Predicts Credit Slump Will Worsen
“It just feels like a much more risky proposition than it did a year ago,” said Shoup, whose Chicago-based firm manages $186 billion in assets, including $100 billion in fixed income, in a phone interview. High-grade bonds may be able to claw back some of the steep losses seen in October if issuance slows, Asian investors stop selling and stock markets stabilize, Shoup said in a Nov. 9 phone interview. “I wouldn’t be surprised if the second half of 2019 really poses some significant challenges and could result in wider spreads,” Shoup said.
