ge stock price – Business Insider Australia

Markets Aug. 16, 2018, 12:33 AM

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 […]

Markets Jun. 28, 2018, 4:30 AM

GE’s big shake-up won’t actually do what it’s intended to do, JPMorgan says

General Electric‘s reorganization is intended to ease its debt burden. The reorganization won’t accomplish what management thinks it will, JPMorgan analyst Stephen Tusa wrote in a note out to clients. Tusa’s pessimism is in contrast to what some on Wall Street believe. Oppenheimer upgraded the stock on Tuesday. Watch GE […]

Markets Jun. 28, 2018, 2:12 AM

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 […]

Markets Jun. 20, 2018, 10:30 PM

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 […]

Markets Apr. 20, 2018, 10:35 PM

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 […]

Markets Apr. 12, 2018, 2:15 AM

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 […]

Markets Feb. 27, 2018, 3:23 AM

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 […]

Markets Jan. 25, 2018, 1:58 AM

GE dips after the company revealed an SEC investigation into its insurance business

Shares of General Electric erased some of its gains in pre-market trading on Wednesday after the company revealed it was being investigated by the Securities and Exchange Commission in its earnings call. The company reported fourth-quarter earnings on Wednesday before the bell, posting profits that fell short of Wall Street’s […]