|Bid||15.00 x 21400|
|Ask||15.01 x 7400|
|Day's range||14.49 - 15.05|
|52-week range||14.23 - 30.54|
|PE ratio (TTM)||N/A|
|Earnings date||20 Apr 2018|
|Forward dividend & yield||0.48 (3.26%)|
|1y target est||18.57|
United Technologies is thinking of splitting up key parts of its business, its chief executive said at a conference.
MassMutual Trust Co. FSB is a banking and financial-services unit of Massachusetts Mutual Life Insurance, which turns 167 years old in May. In general, MassMutual’s investments hew to the sector breakdown of the Standard & Poor’s 500 index. In the fourth quarter, it chopped the investments in General Electric (GE) and Schlumberger (SLB) in half. MassMutual also cut back in American Express (AXP) and CVS Health (CVS), while scooping up shares of Lowe’s (LOW).
Michimasa Fujino started at Honda in his 20s, but was determined to develop a jet for the company. Three decades later it's in flight.
GE lowered its 2018 profit outlook and said it has no intention of selling down its majority stake in oil services firm Baker Hughes before 2019, a shift from its previous exploration of exiting the business....
Chief Financial Officer Jamie Miller said there are no plans to exit GE's Baker Hughes stake prior to the expiration of any lockup periods.
General Electric shares have slid nearly 17 percent this year as the stock's stunning decline continues, and some see further downside looming.
United Tech CEO Greg Hayes signaled he's open to all possibilities for the conglomerate's disparate businesses as a result of a "great benefit" from the recently enacted tax reform.
United Technologies' Pratt & Whitney unit has released a "revised configuration" to solve a problem with its geared turbofan engine that grounded some Airbus jets.
Former General Electric boss Jeff Immelt was consistent in his overly optimistic approach to running the once-massive company.
ALPS Advisors is the asset-management arm of ALPS Funds Services and oversees a portfolio of about $14 billion in equities. According to S&P Capital IQ, that sector accounts for about 73% of the portfolio, but ALPS made some interesting investment moves in the fourth quarter outside of master limited partnerships. ALPS boosted its holdings of General Electric (GE) in the quarter and exited relatively substantial positions in General Motors (GM), Cisco Systems (CSCO), DowDuPont (DWDP) and Eli Lilly (LLY).
Immelt has joined the board of directors of Radiology Partners, about two weeks after becoming Athenahealth chairman.
A culture that disdained bad news contributed to overoptimistic forecasts and botched strategies. GE stock has almost halved since Mr. Immelt resigned as CEO and the company is considering whether to break ...
Boeing (BA) was the Dow Jones Industrial Average's best-performing stock in 2017, and it's gained nearly 20% so far in 2018. Melius Research's Scott Davis thinks that mergers and acquisitions may be the answer. While Boeing is making major changes in terms of its businesses, Davis thinks that some strategic M&A could complement these efforts.
GE's divestiture of the unit, which makes the Jenbacher and Waukesha gas engines, would help management deliver on its promise to right-size its core but struggling power division.
GE is starting to look a lot like Boeing did two years ago. It faces real challenges, but too many investors are overlooking its strengths.
Among the companies with shares expected to trade actively in Tuesday's session are WalMart, NXP Semiconductors, Rite Aid, Facebook and Home Depot.
Investment to Further Accelerate Worldwide Growth; Investors Include Jerusalem Venture Partners, Orange Digital Ventures, GE, Deutsche Telecom BE'ER SHEVA, ISRAEL and BOSTON , Feb. 19, 2018 /PRNewswire/ ...
Kraft Heinz has a bologna problem, there's a possible merger candidate for Goldman Sachs, and Berkshire Hathaway vice-chairman Charlie Munger warns of a "noxious poison."
Two decades ago, General Electric was the most admired company in the world, a global colossus hailed for its ability to wring out inefficiencies and generate wealth. The company (GE) lost $6 billion in 2017 after a series of charges and impairments, and cut its dividend by 50%. As the most out-of-favor major industrial company in the U.S. stock market, the company has some classic value attributes.