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Is Jack Welch Himself To Blame For GE's Poor Performance Under Immelt?
Friday, June 16, 2017 - 3:05pm | 449Read More...General Electric Company (NYSE: GE)'s stock has lost 30 percent since Jeff Immelt assumed the title of CEO back in 2001. But is he to blame for the stock's poor performance? The New York Times has an interesting take on the topic: Immelt inherited a company from Jack Welch that wasn't built to...
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JPMorgan And GE's Business Relationship Is More Than 100 Years Old
Friday, April 7, 2017 - 2:43pm | 398Read More...JPMorgan Chase & Co. (NYSE: JPM)'s relationship with General Electric Company (NYSE: GE) dates back to last century. According to a Bloomberg report, General Electric has been a client of JPMorgan for 125 years. Way back in 1892, JPMorgan, known as John Pierpont Morgan's Drexel Morgan & Co...
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Top Benzinga Stocks Of The Week: GE, Facebook, Apple And More
Sunday, April 2, 2017 - 1:28pm | 701Read More...Benzinga has featured a look at many investor favorite stocks over the past week. That includes an iconic conglomerate that may be lacking in fundamentals and whether it is too late to board the iPhone makers train. The outlooks for a restructured aluminum company, a social media giant, a growing...
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Barron's Picks And Pans: Under Armour, CarMax, Lowe's And More
Sunday, April 2, 2017 - 12:45pm | 630Read More...This weekend's Barron's cover story takes a look at a once-hot apparel company poised for a turnaround. Other featured articles offer the prospects for the nation's largest used car purveyor and an Amazon-proof retailer with room for growth. The outlooks for undervalued energy stocks and high-...
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GE Only Releases Guidance Once A Year, And This Is It
Thursday, December 15, 2016 - 8:32am | 278Read More...General Electric Company (NYSE: GE) provides guidance to the investment community just once a year - and did so on Wednesday. GE's CEO and Chairman Jeff Immelt guided the company's fiscal 2017 earnings per share to be in a range of $1.60 to $1.70, which compares to Wall Street's...
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Nelson Peltz And GE's Investors Are Still Waiting For A Big Payoff
Wednesday, October 19, 2016 - 11:57am | 375Read More...General Electric Company (NYSE: GE)'s stock is trading a mere 0.31 percent higher Wednesday than it was a year ago, and investors are wondering when, if ever, there will be a big payoff. As noted by Bloomberg, activist investors Nelson Peltz praised GE back in October of last year when his...
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Barron's Big Money Poll: The Bulls Rule
Monday, October 17, 2016 - 6:44am | 653Read More...The cover story in this weekend's Barron's shares the results of the latest Big Money Poll. U.S. money managers share their outlook for interest rates, the economy and more, including stock picks for the next 12 months. Other featured articles offer various Barron's stock...
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Barron's Picks And Pans: Trump Stocks, Hillary Stocks, Safe European Yields And More
Sunday, August 14, 2016 - 10:12am | 673Read More...This weekend's Barron's anticipates which stocks will be the winners and which the losers if each presidential candidate wins. Five European stocks with generous but safe yields are also examined. Other featured articles ponder the prospects for an operator of seniors residences...
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GE Capital Announces Completion Of Asset Sale, Will Sell Its Lending And Leasing Portfolios In Australia, New Zealand
Tuesday, May 3, 2016 - 10:26am | 219Read More...General Electric Company (NYSE: GE) announced Tuesday morning its GE Finance arm has officially sold another division as part of an ongoing strategy to divest non-core assets. General Electric said it has completed the previously announced agreement to sell its GE Capital's Commercial Lending and...
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General Electric Reports Q1 Earnings Beat, But Full-Year Guidance Falls Short Of Expectations
Friday, April 22, 2016 - 9:48am | 315Read More...Shares of General Electric Company (NYSE: GE) were trading lower by around 1 percent early Friday morning after the company reported its first-quarter results. General Electric said that it earned $0.21 per share in the first quarter on revenue of $27.6 billion. Wall Street analysts were expecting...
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GM And GE: Will Revitalization Efforts Pay Out In Earnings?
Tuesday, April 19, 2016 - 4:43pm | 590Read More...Upcoming earnings highlights include the latest results from two old-school giants striving to improve their prospects. Wall Street analysts are looking for earnings growth from just one of them. However, both have handily bested earnings expectations in recent quarters. The new earnings season...
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GE Announces Sale Of Assets To Western Alliance, State Street
Wednesday, March 30, 2016 - 8:38am | 232Read More...General Electric Company (NYSE: GE) announced after Tuesday's market close it has agreed to sell its U.S. hotel franchise loan portfolio to Western Alliance Bancorporation (NYSE: WAL) as part of an ongoing strategy to divest most of its GE Capital assets. General Electric's loan...
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General Electric Enters Italy's Oil & Gas Sector With A $600 Million Investment
Monday, February 1, 2016 - 9:53am | 246Read More...General Electric Company (NYSE: GE) announced on Sunday it has entered into a new Memorandum of Understanding with various Italian entities that will lead to the investment of $600 million over the next five years in the country. According to General Electric's press release, the...
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General Electric To Sell Its Appliances Business To Qindgao Haier For $5.4 Billion
Friday, January 15, 2016 - 11:29am | 250Read More...General Electric Company (NYSE: GE) announced on Friday that it has reached an agreement with Qingdao Haier to sell its appliances business for $5.4 billion. General Electric noted that the transaction values the appliances business at 10 times the last 12 months of EBITDA and the transaction...
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Alcoa Announces New Long-Term $1.5 Billion Contract; Shares Still Lower
Monday, January 11, 2016 - 11:54am | 129Read More...Shares of Alcoa Inc (NYSE: AA) were trading lower by more than 0.50 percent on Monday despite the company confirming a new $1.5 billion long-term contract. Alcoa will provide advanced nickel-based super-alloy, titanium and other components to General Electric Company (NYSE: GE)'s aviation segment...











