General Electric Company stock price

General Electric Company latest news:


  • 09/19/2017 11:06:37

    General Electric's stock falls after J.P. Morgan analyst reiterates bearish view

    Shares of General Electric Co. sank 1.4% in midday trade Tuesday, after J.P. Morgan analyst Stephen Tusa reiterated his bearish view on the industrial conglomerate, suggesting that just because the stock keeps getting cheaper doesn't make it more attractive. Tusa kept his rating at underweight, which he's had on the stock since May 2016, and his stock price target at $22, which is 8.8% below current levels. He said as the stock's weakness continues, investors and analysts appear to try to create a bullish narrative, based mostly on how far the stock has fallen and underperformed its peers and the broader market, but analysts have been careful not to raise their ratings. "We believe this defines sentiment on the stock, which is somewhere between somewhat negative, and what we would characterize as 'chicken bullish,' with a common theme [that] it's not that bad, understandable in the context of a sector that typically mean reverts," Tusa wrote in a note to clients. "This is essentially a denial that fundamentals could be this bad, and there is nothing that simple cost saves can't take care of, something that was not obvious to the previous 15 years of management." The stock, which closed at a 2-year low of $23.72 on Sept. 11, has tumbled 24% so far this year, while the Dow Jones Industrial Average has climbed 13%.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.

  • 09/18/2017 14:12:33

    Dow, S&P 500 score back-to-back records; Nasdaq again lags behind

    U.S. stock benchmarks climbed on Monday, with the S&P 500 index and the Dow industrials closing at all-time highs for a second straight session, ahead of the start of a key gathering of the Federal Reserve. However, technology stocks lagged behind, limiting gains for the Nasdaq Composite Index. The Dow Jones Industrial Average rose 63 points, or 0.3%, to 22,331, led by sharp gains for industrials giants Caterpillar Inc. and General Electric Co. . The S&P 500 index advanced about 3 points, or 0.2%, to 2,503. The Nasdaq Composite , meanwhile, finished up 6 points, or 0.1%, at 6,454. The Fed's policy setting Federal Open Market Committee begins its two-day meeting on Tuesday, which could determine the path for the coming stocks and bonds in the coming months. 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.

  • 09/18/2017 11:20:26

    Why General Electric Stock Is Still a Buy, but Maybe Less of One


  • 09/15/2017 11:10:28

    U.S. drillers cut most oil rigs since January -Baker Hughes

    Sept 15 (Reuters) - U.S. energy firms cut the most oil rigs in a week since January as a 14-month drilling recovery stalled due to weak crude prices. Drillers cut seven oil rigs in the week to Sept. 15, bringing the total count down to 749, the least since June, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday. Drillers have not added any rigs since the week of Aug. 11. The rig count, an early indi

  • 09/14/2017 09:30:44

    BRIEF-GE secures financial closure for contract signed with EETC

    General Electric Co(GE): * Says reached financial closure for contract signed with Egyptian Electricity Transmission Company‍​ Source text: http://bit.ly/2fllmpW Further company coverage:

  • 09/08/2017 14:04:52

    Kroger, General Electric Plunge into Friday’s 52-Week Low Club


  • 09/08/2017 11:09:08

    U.S. oil drillers cut rigs for 3rd week in four as recovery stalls -Baker Hughes

    Sept 8 (Reuters) - U.S. energy firms cut oil rigs for a third time in the past four weeks as a 14-month drilling recovery stalls with energy firms reducing spending plans in response to recent crude price declines. Drillers cut three oil rigs in the week to Sept. 8, bringing the total count down to 756, the least since June, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday. That compares with 414 activ

  • 09/07/2017 14:01:00

    Disney, General Electric Sink the DJIA on Thursday


  • 09/06/2017 14:54:28

    ABB plans expansion in U.S., scouting for acquisitions, CEO says

    DETROIT, Sept 6 (Reuters) - ABB Ltd plans to expand its U.S. industrial robot factory in Michigan, the company's chief executive officer said on Wednesday, while declining to comment on reports that he is weighing the purchase of a unit of rival General Electric Co.

  • 08/27/2017 23:10:03

    GE shifts strategy, financial targets for digital business after missteps

    General Electric Co(GE) wants its industrial software business to cut costs and lift profits next year under new chief executive John Flannery, and is considering expanded partnerships and the possible sale of some equity in the unit, according to people familiar with the business.

  • 08/27/2017 23:00:00

    INSIGHT-GE shifts strategy, financial targets for digital business after missteps

    NEW YORK, Aug 28 (Reuters) - General Electric Co wants its industrial software business to cut costs and lift profits next year under new chief executive John Flannery, and is considering expanded partnerships and the possible sale of some equity in the unit, according to people familiar with the business.

  • 08/27/2017 19:13:54

    AP Sources: Expedia CEO Dara Khosrowshahi to lead Uber

    General Electric CEO Jeffrey Immelt has taken himself out of the running to lead Uber as the ride-hailing giant seeks to overcome its ethical scandals and turn itself into a profitable business.

  • 08/27/2017 18:49:45

    Uber picks Expedia CEO Dara Khosrowshahi as its new chief executive: report

    Expedia Inc. Chief Executive Dara Khosrowshahi has been selected as the new CEO of Uber Technologies Inc., according to a report Sunday night by Recode. Earlier in the day, General Electric Chairman Jeff Immelt dropped out of the running. Hewlett Packard Enterprise Co. CEO Meg Whitman spoke to the board Saturday, but maintained publicly that she was not interested in the job. Khosrowshahi was apparently the third, unnamed candidate, Recode said. Uber had yet to confirm the news, nor has Khosrowshahi officially accepted the job, Recode said. "The Board has voted and will announce the decision to the employees first," a spokesperson said, according to Recode. Uber has been without a CEO since founder Travis Kalanick stepped down in June, following a shareholder revolt over a series of scandals. Khosrowshahi has led Expedia since 2005.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.

  • 08/27/2017 12:39:00

    Jeff Immelt of General Electric quits race to be Uber boss

    General Electric's chairman decides "not to pursue a leadership position" at the taxi service firm.

  • 08/27/2017 11:24:04

    UPDATE 1-Jeff Immelt says not pursuing Uber CEO job

    Aug 27 (Reuters) - Uber Technologies Inc's choices for a new chief executive officer narrowed further on Sunday when Jeff Immelt, chairman of General Electric Co, said he was no longer in the running for the top leadership position.

  • 08/27/2017 10:44:21

    Jeff Immelt says not pursuing Uber CEO job

    (Reuters) - Jeff Immelt, chairman of General Electric Co, said on Sunday he was no longer in the running for a leadership position at Uber Technologies Inc [UBER.UL] as the board of the beleaguered ride services company searches for a new chief executive.

  • 08/27/2017 10:33:26

    GE CEO Immelt out of running to lead challenged Uber

    General Electric CEO Jeffrey Immelt has taken himself out of the running to lead Uber as the ride-hailing giant seeks to overcome its ethical scandals and turn itself into a profitable business.

  • 08/25/2017 11:04:56

    U.S. drillers cut oil rigs ahead of Hurricane Harvey - Baker Hughes

    By Jessica Resnick-Ault Aug 25 (Reuters) - U.S. energy firms cut oil rigs for a second week in a row ahead of Hurricane Harvey and as a more than year-long recovery in drilling slows down in reaction to soft crude prices. Drillers cut four oil rigs in the week to Aug. 25, bringing the total count down to 759, General Electric Co's Baker Hughes energy services firm said in its report on Friday. That compares with 406 active oil rigs during the same we

  • 08/25/2017 09:39:25

    GM says small number of Chevy Bolts face battery issue

    (Reuters) - General Motors Co said on Friday it had informed a small number of owners of its Chevrolet Bolt electric cars about a battery problem that could cause a loss of propulsion.

  • 08/23/2017 16:26:04

    GE, ABB restart talks over industrial solutions deal: sources

    (Reuters) - General Electric Co has resumed negotiations to sell its industrial solutions business to Swiss engineering company ABB Ltd , after the U.S. industrial conglomerate moderated its price expectations, people familiar with the matter said.

  • 08/23/2017 15:10:52

    BRIEF-General Electric director‍ James Tisch​ reports purchase of 100,000 shares of co's common stock at $24.56

    General Electric(GE). * Director‍ James Tisch​ reports purchase of 100,000 shares of co's common stock on Aug 22 at $24.56 - SEC filing Source text for Eikon: Further company coverage:

  • 08/21/2017 14:04:02

    Chesapeake Energy, General Electric Amble into Monday’s 52-Week Low Club


  • 08/18/2017 11:04:38

    U.S. drillers cut oil rigs for second week in three - Baker Hughes

    By Jessica Resnick-Ault Aug 18 (Reuters) - U.S. energy firms cut oil rigs for a second week in three, data showed on Friday, with drillers cutting spending plans in reaction to declining crude prices. Drillers cut five oil rigs in the week to Aug. 18, bringing the total count down to 763, General Electric Co's Baker Hughes energy services firm said in its report on Friday. That compares with 406 active oil rigs during the same week a year ago. Drille

  • 08/17/2017 14:04:05

    Chesapeake Energy, General Electric Slide into Thursday’s 52-Week Low Club


  • 08/14/2017 16:15:13

    Berkshire Hathaway sells off GE stake, boosts BNY Mellon

    Warren Buffett's company has eliminated its stake in General Electric and boosted its investment in the Bank of New York Mellon Corp.

  • 08/14/2017 16:02:26

    Buffett's Berkshire adds Synchrony, sheds GE

    NEW YORK (Reuters) - Warren Buffett's Berkshire Hathaway Inc on Monday said it added a stake in Synchrony Financial, boosting its bet on the credit card industry, and shed its investment in the company's former parent, General Electric Co.

  • 08/14/2017 14:42:38

    Berkshire Hathaway drops GE, starts Synchrony position

    Warren Buffett's Berkshire Hathaway Inc. dropped its position in General Electric Co. and trimmed other positions, according to a Securities and Exchange Commission filing late Monday. Berkshire liquidated its position in GE, while trimming positions in International Business Machines Inc. , Costco Wholesale Corp. and Sirius XM Holdings Inc. . GE shares were off 0.3% after hours. Berkshire added a position of 17.5 million shares of Synchrony Financial , and shares were up 3.9% at $30.70 after hours.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.

  • 08/14/2017 14:42:33

    Buffett's Berkshire sheds GE, adds Synchrony

    Warren Buffett's Berkshire Hathaway Inc (BRK/A) on Monday said it has taken a 17.5 million share stake in Synchrony Financial (SYF) and shed its investment in the financial services company's former parent, General Electric Co. In a regulatory filing detailing its U.S.-listed stock holdings, Berkshire said it owned about $521 million of Synchrony shares as of June 30.

  • 08/14/2017 14:42:00

    Buffett's Berkshire dumps GE, adds Synchrony

    Warren Buffett's Berkshire Hathaway Inc on Monday said it has taken a 17.5 million share stake in Synchrony Financial and shed its investment in the financial services company's former parent, General Electric Co.

  • 08/14/2017 11:12:32

    BRIEF-GE says "strongly condemn the violent extremism in Charlottesville"

    General Electric Co(GE): * GE says "strongly condemn the violent extremism in charlottesville over the weekend" - spokesperson. * GE says Jeff Immelt will remain on the presidential committee on american manufacturing while he is the chairman of GE- spokesperson.

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