GE - General Electric Company

NYSE - NYSE Delayed Price. Currency in USD
6.76
-0.24 (-3.43%)
At close: 4:00PM EDT
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Previous close7.00
Open6.89
Bid6.75 x 41800
Ask6.78 x 43500
Day's range6.75 - 6.89
52-week range5.48 - 13.26
Volume60,872,368
Avg. volume115,637,964
Market cap59.13B
Beta (5Y monthly)0.96
PE ratio (TTM)N/A
EPS (TTM)-0.32
Earnings date29 Jul 2020
Forward dividend & yield0.04 (0.57%)
Ex-dividend date26 Jun 2020
1y target est8.15
  • Financial Times

    ‘It’s a matter of fairness’: squeezing more tax from multinationals

    The Savoy Hotel has been welcoming its well-heeled and connected clientele for 131 years. In fact it has been losing money since the current owners — Prince Alwaleed bin Talal of Saudi Arabia and the Qatar Investment Authority — purchased the hotel in 2005. The money was lent by The Savoy Hotel Limited’s immediate parent, a company called Dunwilco (1784) Limited, which in turn is owned by a company called Dunwilco (1783); that company is owned by Dunwilco (1847), which is owned by the Savoy’s ultimate UK-registered parent, Breezeroad Limited.

  • Financial Times

    Why the crisis marks the end of the road for longstanding business lines

    The future of public transportation will shortly be a thing of the past. Later this month, Segway will produce the last of the two-wheeled personal transporters after which the company was named. The Segway ...

  • This Is General Electric's Biggest Long-Term Problem
    Motley Fool

    This Is General Electric's Biggest Long-Term Problem

    The troubles that industrial icon General Electric (NYSE: GE) has been dealing with are headline grabbers. The biggest story has been its heavy debt load and the efforts to sell assets to get its balance sheet back into shape. The first really big issue for General Electric to deal with, without question, was its balance sheet.

  • General Electric Finishes O&M Services at Besmaya Facility
    Zacks

    General Electric Finishes O&M Services at Besmaya Facility

    General Electric's (GE) service offerings on the gas and steam turbines at the Besmaya power plant minimize the unplanned downtime risk of power generation equipment at the facility.

  • 3 Reasons to Avoid General Electric Stock Right Now
    Motley Fool

    3 Reasons to Avoid General Electric Stock Right Now

    For the sixth time this year, the stock price of beaten-down conglomerate General Electric (NYSE: GE) has dropped below $7 per share, near its all-time low. Investors who enjoy sniffing out bargains are probably wondering if it's a good time to buy. While some of the company's valuation metrics have slipped to all-time lows, there are good reasons for that.

  • GlobeNewswire

    UPDATED - II-VI Incorporated Licenses Technology for Silicon Carbide Devices and Modules for Power Electronics

    PITTSBURGH, June 29, 2020 -- II‐VI Incorporated (Nasdaq: IIVI), a leader in compound semiconductors, today announced that it signed an agreement with General Electric (NYSE:.

  • GlobeNewswire

    II-VI Incorporated Licenses Technology for Silicon Carbide Devices and Modules for Power Electronics

    PITTSBURGH, June 29, 2020 -- II‐VI Incorporated (Nasdaq: IIVI), a leader in compound semiconductors, today announced that it signed an agreement with General Electric (NYSE:.

  • Financial Times

    The tell: corporate reactions to short-sellers

    Unlike activist investor campaigns when someone takes a stake in a business, the short-selling speculator has no direct economic means to influence the company. One of the ways they do this is via a lengthy research document colloquially known as a “short report”. Which, as you may know, can range from the silent treatment -- as is the case with Muddy Waters’ report on digital health insurance broker eHealth -- to the aggressive, like it was with a certain insolvent German payments company.

  • Financial Times

    How Panasonic turned around its compliance culture

    When Laurence Bates joined Panasonic as its general counsel in 2018, the Japanese conglomerate was struggling with a radical makeover of its century-old brand. A multiyear transition under chief executive Kazuhiro Tsuga had shifted the group away from televisions and mobile phones to less visible but higher-margin businesses supplying batteries to electric carmaker Tesla and in-flight entertainment systems to airlines. Within a month after Mr Bates came on board, the Japanese group agreed to pay $280m to US regulators to settle anti-bribery allegations against its subsidiary.

  • Financial Times

    The ‘great man’ theory of business

    Historians have not documented whether Charles de Gaulle or Georges Clemenceau first pronounced that “graveyards are full of indispensable men”. While that must be so, some chief executives come close to severely testing that aphorism. At the top of any list of such immortals would surely be Steve Jobs, for both creating Apple in the first instance and then returning triumphantly to lift it from crisis to the second most valuable company on earth, after ExxonMobil.

  • GE Names Deloitte as Independent Auditor for 2021
    Business Wire

    GE Names Deloitte as Independent Auditor for 2021

    GE (NYSE:GE) announced today that, following a thorough and competitive review process, its Audit Committee selected Deloitte as the company’s independent auditor for the 2021 fiscal year.

  • GE Board of Directors Authorizes Regular Quarterly Dividend
    Business Wire

    GE Board of Directors Authorizes Regular Quarterly Dividend

    The Board of Directors of GE (NYSE:GE) today declared a $0.01 per share dividend on the outstanding common stock of the Company. The dividend is payable July 27, 2020 to shareowners of record at the close of business on June 29, 2020. The ex-dividend date is June 26, 2020.

  • Report: US Treasury Weighs Keeping Bailout Funds Available for GE, Boeing
    Motley Fool

    Report: US Treasury Weighs Keeping Bailout Funds Available for GE, Boeing

    The U.S. Treasury Department is reportedly considering holding back up to $17 billion in CARES Act relief funds in case Boeing (NYSE: BA) or General Electric (NYSE: GE) eventually need bailout money. Congress created a loan program as part of the $2.2 trillion CARES Act with companies like Boeing and GE, which are considered vital to national security, in mind. GE's aviation business makes engines and other systems for a variety of U.S. military platforms, and Boeing has a large defense business that makes fighter planes, space systems, and other military components.

  • Why General Electric Stock Popped 7% Today
    Motley Fool

    Why General Electric Stock Popped 7% Today

    Airlines are making the right moves to bring fliers back. Airplane sales, and airplane engine sales, could follow.

  • General Electric (GE) Stock Sinks As Market Gains: What You Should Know
    Zacks

    General Electric (GE) Stock Sinks As Market Gains: What You Should Know

    General Electric (GE) closed the most recent trading day at $7.24, moving -0.14% from the previous trading session.

  • Why GE Stock Dropped 5.5% Today, Then Got Most of It Back
    Motley Fool

    Why GE Stock Dropped 5.5% Today, Then Got Most of It Back

    If one of the nation's most important industries, aviation, is on the ropes, and the head of aviation at one of America's biggest blue chip industrial companies has just announced he will resign on Sept. 1, what conclusions should investors draw from this? General Electric shares fell as much as 5.5% in Monday trading but rebounded to close slightly lower by 0.1%. Credit for the recovery goes to the Federal Reserve, which on Monday afternoon promised to expand its economic stimulus by buying corporate bonds, supporting their value and helping to lower the interest rates that heavily indebted companies like GE must offer investors to buy their bonds.

  • Why Shares of Embraer Are Falling Today
    Motley Fool

    Why Shares of Embraer Are Falling Today

    Shares of Embraer (NYSE: ERJ) traded down nearly 5% on Monday afternoon, and were down more than 9% earlier in the session, after the Brazilian aerospace giant lost a key executive to General Electric (NYSE: GE). It's a time of transition for Embraer, which will now have to plot a course forward with a new head of commercial aviation. On Monday GE named John S. Slattery, CEO of Embraer's commercial aviation division, to head its GE Aviation unit.

  • GE Names New Head of Aviation Unit
    Motley Fool

    GE Names New Head of Aviation Unit

    After a 40 year career at General Electric's (NYSE: GE) Aviation unit, David Joyce has announced his retirement. He will be replaced by John Slattery, president and CEO of Commercial Aviation at Brazilian plane maker Embraer (NYSE: ERJ).

  • Renewables Offer Huge Growth Potential for GE
    Motley Fool

    Renewables Offer Huge Growth Potential for GE

    GE Renewable Energy doesn't get a lot of attention during investor conferences. It might seem bizarre to single out the renewable energy business. Since the power segment is being restructured, investors can expect more margin improvement to come with positive FCF in the 2021-2022 time frame.

  • GE picks Embraer planemaking chief to run aviation unit
    Reuters

    GE picks Embraer planemaking chief to run aviation unit

    Irishman John Slattery, 51, succeeds influential veteran David Joyce, retiring after 40 years with the U.S. conglomerate. The appointment comes weeks after the collapse of a planned aerospace alliance between Embraer and Boeing Co, which Slattery had defended, and marks what one observer referred to as a shift of culture as the industry faces its worst crisis. GE’s once-high-flying Aviation unit has been hit by the drop in air travel, adding to the toll from hundreds of grounded Boeing 737 MAX jetliners.

  • Embraer secures $600 mln loan as commercial aviation chief departs
    Reuters

    Embraer secures $600 mln loan as commercial aviation chief departs

    Embraer SA <EMBR3.SA> said on Monday it had secured a $600 million loan, partly backed by Brazil's government, at the same time as a key executive departed the planemaker weeks after a potentially transformational deal with Boeing Co <BA.N> fell apart. John Slattery, who headed Embraer's commercial aviation unit, will become chief executive of aircraft engine-maker GE Aviation <GE.N>. Slattery had championed the $4.2 billion Boeing-Embraer agreement, and was set to become a Boeing executive in charge of the Embraer partnership once the deal closed for Boeing to take control of Embraer's commercial planes unit.

  • David Joyce to Retire from GE; John Slattery to Become President and CEO of GE Aviation
    Business Wire

    David Joyce to Retire from GE; John Slattery to Become President and CEO of GE Aviation

    GE (NYSE:GE) announced today that David Joyce, vice chair of GE and president and CEO of GE Aviation, will retire from the Company after 40 years of service.

  • GlobeNewswire

    Repligen Appoints Carrie Eglinton Manner to Board of Directors

    Repligen Corporation (RGEN) today announced the appointment of healthcare industry executive Carrie Eglinton Manner to its Board of Directors. Ms. Eglinton Manner brings to the director role over 23 years of leadership experience across multiple disciplines. Prior to Quest, Ms. Eglinton Manner held various roles of increasing scope and responsibility over a period of 20 years at GE Healthcare (GE).