News Results for GE stock
16 hours ago ... A deepening cash crisis caused GE's stock to careen 13% lower this week, its
worst since March 2009.
1 day ago ... Oakmark's Bill Nygren shared his market views and top stock ideas in an
interview Thursday on CNBC's "Halftime Report." General Electric was "the worst
performing stock in our portfolio. We were seriously off," he said. However, he
added his fund is sticking with its position and expressed confidence in ...
2 days ago ... Until then, GE shares are taking a hit — over the past three days, its stock has
plummeted almost 9 percent. GE's shares have not seen such a weak
performance since mid-November with news the company would cut its dividend
shocked markets. That marked just its second dividend cut since the Great ...
1 day ago ... By the end of 2008, GE's pension was running a deficit of $7 billion, and it
exploded from there. Despite that shortfall, Immelt rewarded shareholders with
stock buybacks, which are aimed at boosting the share price. Between 2010 and
2016, GE spent about $40 billion to buy back its own stock, according to ...
Jan 4, 2018 ... Matt Maley, equity strategist at Miller Tabak, says there is a technical case for a
GE bounce, namely that the stock has been forming a base for the past six weeks
or so and is approaching its 50-day moving average. But he also warns that the
fundamentals behind the rebound don't actually point to a ...
3 days ago ... GE further warned it will have to devote $15 billion to boost insurance reserves at
GE Capital. Flannery said the insurance hit along with last year's 45% stock price
nosedive "further my belief that we need to continue to move with purpose to
reshape GE." Related: How decades of bad decisions broke GE.
Stock Price Forecast. The 14 analysts offering 12-month price forecasts for
General Electric Co have a median target of 19.50, with a high estimate of 28.00
and a low estimate of 15.00. The median estimate represents a +19.93%
increase from the last price of 16.26.
Get General Electric Co (GE:NYSE) real-time stock quotes, news and financial
information from CNBC.
4 days ago ... The company said the Kansas Insurance Department, NALH's primary regulator,
had approved a phased statutory contribution of about $3 billion in the current
quarter and about $2 billion annually from 2019 through 2024. Up to Friday's
close, GE's stock had fallen 40.2 percent in the past 12 months, ...
3 days ago ... General Electric shares significantly underperformed the market in the past year.
The stock has declined 40 percent through Friday in the past 12 months versus
the S&P 500's 22.5 percent return. The company reduced its dividend and
unveiled a restructuring plan during its November investor day.
2 days ago ... Meanwhile, the sky continues to fall for GE, and its value is going with it. Shares
dropped 4 percent on Wednesday to just above $17, after a 3 percent slide the
day before. The company's stock is the worst performer on the Dow Jones
industrial average over the last year, declining more than 40 percent, ...
Jan 19 / Zacks.com - Paid Partner Content. General Electric Stock Tanks 14% in
5 Days -- Relive Its Bad Week. Jan 19 / TheStreet.com - Paid Partner Content.
Pioneer Trust Bank N A Buys Visa Inc, Honeywell International Inc, Facebook Inc,
Sell... Jan 19 / GuruFocus News - Paid Partner Content. This was GE's worst
1 day ago ... "This to us is not about offensive value creation and more an acknowledgement
that the problems preclude the company from moving forward as previously
planned, even a few months ago," J.P. Morgan wrote. General Electric, one of the
biggest conglomerates in the U.S., has seen its stock tank 45 percent ...
Jan 3, 2018 ... Cramer Remix: I've issued more mea culpas on GE than any other stock, but I'm
not giving up just yet. "Mad Money" host Jim Cramer revealed why he hasn't
given up on GE yet after a year in the house of pain. Cramer also sat down with
the CEO of Mindbody, a cloud-based software company that helps ...
3 days ago ... General Electric – GE is taking a $6.2 billion charge following a comprehensive
review of its legacy reinsurance business. About $15 billion will be contributed to
reserves over the next seven years, funded by GE Capital. As a results, GE
Capital will eliminate the dividend that it pays to GE for the ...