General Electric Company stock price

General Electric Company latest news:


  • 02/25/2018 15:56:04

    GE to restate 2016, 2017 earnings

    General Electric is facing new hurdles as it attempts its turnaround.

  • 02/25/2018 15:02:44

    UPDATE 1-General Electric to restate two years of earnings

    Feb 25 (Reuters) - General Electric, the United States' largest industrial conglomerate, will restate its earnings for 2016 and 2017 as it adopts a new accounting standard, according to a regulatory filing on Friday.

  • 02/25/2018 12:12:27

    General Electric to restate two years of earnings

    Feb 25 (Reuters) - General Electric will restate its earnings for 2016 and 2017 as it adopts a new accounting standard, according to a regulatory filing Friday.

  • 02/23/2018 16:33:12

    GE says it may face U.S. action over subprime mortgage operations

    NEW YORK (Reuters) - General Electric Co faces potential action by the U.S. Justice Department over allegations that its GE Capital unit and now defunct WMC Mortgage Corp unit violated U.S. law in connection with subprime mortgages, according to a regulatory filing on Friday.

  • 02/23/2018 16:32:02

    UPDATE 1-GE says it may face U.S. action over subprime mortgage operations

    NEW YORK, Feb 23 (Reuters) - General Electric Co faces potential action by the U.S. Justice Department over allegations that its GE Capital unit and now defunct WMC Mortgage Corp unit violated U.S. law in connection with subprime mortgages, according to a regulatory filing on Friday.

  • 02/23/2018 15:47:07

    General Electric's workforce grew 6 percent last year - SEC filing

    General Electric Co(GE) added 18,000 thousand employees to its worldwide workforce last year, a 6.1 percent increase that comes as the company is trying to cut costs to shore up its profits, according to a regulatory filing on Friday.

  • 02/23/2018 15:46:24

    General Electric's workforce grew 6 percent last year: SEC filing

    NEW YORK (Reuters) - General Electric Co added 18,000 thousand employees to its worldwide workforce last year, a 6.1 percent increase that comes as the company is trying to cut costs to shore up its profits, according to a regulatory filing on Friday.

  • 02/23/2018 14:46:51

    FOCUS-How General Electric gambled on fossil fuel power, and lost

    Last March, executives at General Electric Co's (GE) power-plant business gave Wall Street a surprisingly bullish forecast for the year. Showing data from financial firm Lazard and other sources, their presentation said natural gas, coal and even some nuclear power plants were the lowest-cost producers of electricity on the planet, cheaper than wind or solar.

  • 02/23/2018 14:46:43

    CORRECTED-RPT-FOCUS-How General Electric gambled on fossil fuel power, and lost

    NEW YORK, Feb 22 (Reuters) - Last March, executives at General Electric Co's power-plant business gave Wall Street a surprisingly bullish forecast for the year. Despite flat demand for new natural gas power plants, they said, GE Power's revenue and profit would rise.

  • 02/23/2018 14:46:26

    CORRECTED-FOCUS-How General Electric gambled on fossil fuel power, and lost

    NEW YORK, Feb 22 (Reuters) - Last March, executives at General Electric Co's power-plant business gave Wall Street a surprisingly bullish forecast for the year. Despite flat demand for new natural gas power plants, they said, GE Power's revenue and profit would rise.

  • 02/23/2018 11:33:06

    U.S. oil rig count rises for fifth straight week -Baker Hughes

    U.S. energy companies added one oil rig this week, the fifth weekly increase in a row, as oil prices hovered at two-week highs. Drillers added one oil rig in the week to Feb. 23, bringing the total count up to 799, the highest level since April 2015, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday.

  • 02/22/2018 10:45:17

    Chevrolet Bolt wins top 'green car' from Consumer Reports

    Hyundai Motor Co's Genesis brand topped the annual ranking of new vehicles by influential U.S. magazine Consumer Reports, while General Motors Co's (GM) electric Chevrolet Bolt was named top pick for compact green car. Millions of prospective auto buyers consult the magazine's rankings, which are based on road testing, reliability, safety and owner satisfaction scores.

  • 02/21/2018 23:19:54

    How General Electric gambled on fossil fuel power, and lost

    NEW YORK (Reuters) - Last March, executives at General Electric Co's power-plant business gave Wall Street a surprisingly bullish forecast for the year. Despite flat demand for new natural gas power plants, they said, GE Power's revenue and profit would rise.

  • 02/21/2018 17:52:20

    GE eyes $4 billion in asset sales, has no plans to sell stock: CFO

    General Electric Co(GE) has "line of sight" on the first $4 billion in asset sales under its plans for $20 billion in disposals, the company's chief financial officer said on Wednesday, while dismissing talk about selling shares to raise capital.

  • 02/21/2018 17:17:45

    GE eyes $4 bln in asset sales, has no plans to sell stock -CFO

    General Electric Co(GE) has "line of sight" on the first $4 billion in asset sales under its plans for $20 billion in disposals, the company's chief financial officer said on Wednesday, while dismissing talk about selling shares to raise capital. Chief Financial Officer Jamie Miller, speaking to an investor conference organized by Citigroup in Miami, did not elaborate on the planned asset sales.

  • 02/21/2018 17:17:31

    UPDATE 1-GE eyes $4 bln in asset sales, has no plans to sell stock -CFO

    NEW YORK, Feb 21 (Reuters) - General Electric Co has "line of sight" on the first $4 billion in asset sales under its plans for $20 billion in disposals, the company's chief financial officer said on Wednesday, while dismissing talk about selling shares to raise capital.

  • 02/21/2018 15:38:39

    BRIEF-GE Says Has Come Up With List Of Assets, As Part Of $20 Bln Divestiture Target - Citi Conf

    General Electric Co(GE): * GE CFO JAMIE MILLER SAYS POWER BUSINESS FEELS ABOUT THE SAME AS CO EXPECTED FOR 2018, MAYBE A LITTLE WORSE, VERSUS CO'S NOVEMBER GUIDANCE - CITI CONF‍​. * GE CFO JAMIE MILLER SAYS AVIATION AND HEALTHCARE STILL FEEL VERY GOOD - CITI CONF‍​. * GE CFO JAMIE MILLER SAYS WORKING COOPERATIVELY WITH SEC - CITI CONF‍​. * GE CFO JAMIE MILLER SAYS STILL SEE 2018 ADJUSTE...

  • 02/21/2018 13:16:00

    Jeff Immelt's refusal to give or take bad news defined his leadership at GE

    Former General Electric boss Jeff Immelt was consistent in his overly optimistic approach to running the once-massive company.

  • 02/21/2018 09:23:27

    GE CFO says no plans for an equity raise; "not discussed"

    General Electric Co Chief Financial Officer Jamie Miller said on Wednesday that the industrial conglomerate has no plans to raise equity to strengthen its balance sheet, dismissing speculation about such a move. "We've gone through fairly deep dive into the different elements of the company.

  • 02/17/2018 06:50:19

    General Electric Still Dow’s Worst Performer


  • 02/16/2018 17:16:49

    Exclusive: GE exploring industrial gas engine business sale - sources

    - General Electric Co (GE) is exploring a sale of its industrial gas engine business that could be worth as much as $2 billion, according to people familiar with the matter.

  • 02/16/2018 13:21:05

    GE faces shareholder lawsuit over insurance shortfall, SEC probe

    General Electric Co(GE) was sued on Friday by a shareholder who accused the conglomerate of concealing mounting insurance liabilities and a U.S. Securities and Exchange Commission probe, saying it cost shareholders tens of billions of dollars.

  • 02/16/2018 09:28:00

    Shareholders sue GE over SEC investigation, insurance charges

    NEW YORK, Feb 16 (Reuters) - Shareholders filed a proposed class-action lawsuit against General Electric Co on Friday, alleging the industrial conglomerate made misleading statements and failed to disclose information about an accounting investigation and about insurance policies that cost the company billions of dollars.

  • 02/15/2018 16:54:58

    BRIEF-GE Agrees To Sell Lighting Business In Europe, Middle East, Africa, Turkey, And Co's Global Automotive Lighting ...

    General Electric Co(GE): * GE - AGREEMENT TO SELL LIGHTING BUSINESS IN EUROPE, MIDDLE EAST, AFRICA, TURKEY, AND CO'S GLOBAL AUTOMOTIVE LIGHTING UNITS, TO ENTITY CONTROLLED BY JOERG BAUER. * GE - THE PROPOSED TRANSFER OF THE EMEA AND GLOBAL AUTOMOTIVE LIGHTING BUSINESS IS EXPECTED TO OCCUR IN PHASES THROUGH THE END OF JUNE 2018‍​ Further company coverage:

  • 02/15/2018 16:10:24

    BRIEF-GE Reached Deal To Sell Parts Of Overseas Lighting Business To Ex-Executive- WSJ

    * GENERAL ELECTRIC REACHED DEAL TO SELL PARTS OF ITS OVERSEAS LIGHTING BUSINESS TO FORMER EXECUTIVE FOR AN UNDISCLOSED AMOUNT- WSJ. * DEAL INCLUDES GE LIGHTING IN EUROPE, MIDDLE EAST, AFRICA AND TURKEY, BUYER IS CO CONTROLLED BY JOERG BAUER- WSJ Source http://on.wsj.com/2Coo7Q7.

  • 02/14/2018 09:05:10

    GE's chief communications officer Deirdre Latour to leave company

    General Electric Co(GE) said on Wednesday that its chief communications officer and senior adviser, Deirdre Latour, would be leaving the company in mid-March to pursue other opportunities. Linda Boff, GE's chief marketing officer, will take on the added responsibilities as interim head of communications, until a replacement is found, the industrial goods conglomerate said.

  • 02/12/2018 10:41:07

    Dow's 400-point afternoon rally powered by Boeing and Apple's stocks, shares add 120 points

    The Dow Jones Industrial Average on Monday was rising by more than 400 points, as the blue-chip benchmark was buoyed by solid gains in shares of Apple Inc. and Boeing Co. The pair of Dow components were contributing more than 120 points to the Dow . The average was up $11.25, or 3.4%, at 344.14, while shares of Apple rose 4%, or $6.15, to $162.55. A $1 move in any one of the Dow's components equates to a 6.83-point swing in the price-weighted average. Shares of General Electric Co. was the only laggard among Dow components. The Dow was recently up 444 points, or 1.8%, at 24,631, as the benchmark attempted to post its second straight gain after U.S. stocks got rocked last week, putting in their worst stretch of gains since early 2016, with all of the main benchmarks posting a loss of at least 5% for the week. Most recently, the S&P 500 index , meanwhile, was up 1.5% at 2,659, while the Nasdaq Composite Index advanced 1.6% at 6,983. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 02/12/2018 09:01:24

    GE's stock pares gains; J.P. Morgan analyst gets more bearish

    Shares of General Electric Co. ticked up 0.2% in morning trade, paring earlier gains of as much as 1.3%. J.P. Morgan analyst Stephen Tusa cut his stock price target to $14 from $16, while reiterating the underweight rating he's had on the stock since May 2016, citing continued underperformance in its businesses, challenged fundamentals and lack of many signs of a "snap back." He said he expects an "expedited evolution of outcomes" at GE, after the company said it was evaluating portfolio structure. He said it's possible the company will stay in its current form and "grind it out," but he believes there is more "urgency" to GE's situation given the recent weakness in GE bonds and balance sheet challenges. He said there is a risk of an equity raise, as it would help boost its balance sheet and would shield the company from increased capital markets volatility. "In other words, it's either a steady grind in uncertain markets, with risk that things get more extreme in more volatile capital markets, or it's a change in structure to try and de-risk, and simplify the portfolio to grow it in a more focused way in the future, and we see a bit of a mix," Tusa wrote in a research note. The stock has plunged 26.9% over the past three months, while the Dow Jones Industrial Average has gained 4.2%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 02/10/2018 07:15:04

    General Electric Remains Dow’s Worst Performer After Market’s Bad Week


  • 02/09/2018 11:30:08

    UPDATE 1-U.S. drillers boost oil rig count to highest nearly 3 years -Baker Hughes

    (Adds rigs in Permian basin) By Scott DiSavino Feb 9 (Reuters) - U.S. energy companies added 26 oil rigs this week, boosting the count to 791, its highest since April 2015, even as crude pulled back from three-year highs with drillers expecting higher prices for their output in 2018 than last year. The increase in the week to Feb. 9 was the biggest weekly rise since January 2017, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Fr

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