Markets

GE is trading at its lowest level since the financial crisis

General Electric plunged to a post-crisis low of $US12.01 on Wednesday. The once-sprawling conglomerate is in the middle of a turnaround effort, led by new CEO John Flannery, but those changes have been slow to change the stock’s trajectory. Follow GE’s stock price in real-time here. Shares of General Electric […]
GE is trading at its lowest level since the financial crisis
Markets

GE is on pace for its best 2-day run in over 3 years

General Electric shares are seeing their biggest two-day gain since April 2015. The rally comes after GE was dropped from the Dow Jones industrial average and as the company pursues a corporate reorganization. Watch GE trade in real time here. General Electric is on track for its best two days […]
GE is on pace for its best 2-day run in over 3 years
Markets

General Electric sinks after being booted from the Dow

General Electric will be replaced by Wallgreens Boots Alliance in the Dow Jones Industrial Average. Shares of embattled GE fell about 1.6% overnight following the announcement, while Walgreens rose 3%. The change will make the index more representative of the economy, S&P Dow Jones Indices said. Follow GE’s stock price […]
General Electric sinks after being booted from the Dow
Markets

GE is rallying after eeking out an earnings beat

GE reported first quarter earnings that topped analyst expectations on Friday. The company’s power business saw profits decline by 29%, while renewables, transportation, and aviation grew. Shares were up more than 5% in pre-market trading. Follow General Electric’s stock price in real-time here. General Electric desperately needed good news for […]
GE is rallying after eeking out an earnings beat
Markets

GE’s dividend is safe if 2 things happen, Cowen says

General Electric‘s dividend is at risk unless two things happen, according to a note by Cowen analyst Gautam Khanna. GE has had a rough go of things lately, including a restructuring, dividend slash, and SEC investigation. Shares have fallen more than 50% in the past year. Watch GE stock trade […]
GE’s dividend is safe if 2 things happen, Cowen says
Markets

GE dives after filings show it plans to restate 2 years of earnings

GE said it will restate its last two years of earnings following the adoption of new accounting standards. The move comes after the company revealed it was under investigation by the Securities and Exchange Commission over its accounting practices in its insurance business. The company also nominated three members to […]
GE dives after filings show it plans to restate 2 years of earnings