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General Electric Co (GE.N)

GE.N on New York Stock Exchange

10.04USD
19 Jul 2019
Change (% chg)

$-0.02 (-0.20%)
Prev Close
$10.06
Open
$10.11
Day's High
$10.18
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$10.04
Volume
7,751,485
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12,090,490
52-wk High
$13.88
52-wk Low
$6.66

Latest Key Developments (Source: Significant Developments)

Danaher Posts Q2 Earnings Per Share of $0.97
Thursday, 18 Jul 2019 

July 18 (Reuters) - Danaher Corp ::DANAHER REPORTS SECOND QUARTER 2019 RESULTS.SEES Q3 2019 ADJUSTED NON-GAAP EARNINGS PER SHARE $1.12 TO $1.15.SEES FY 2019 EARNINGS PER SHARE $3.38 TO $3.43.SEES Q3 2019 EARNINGS PER SHARE $0.86 TO $0.89.Q2 ADJUSTED NON-GAAP EARNINGS PER SHARE $1.19.Q2 REVENUE $5.2 BILLION VERSUS REFINITIV IBES ESTIMATE OF $5.08 BILLION.Q2 EARNINGS PER SHARE $0.97.Q2 EARNINGS PER SHARE ESTIMATE $1.16 -- REFINITIV IBES DATA.RAISES FY 2019 ADJUSTED NON-GAAP EARNINGS PER SHARE VIEW TO $4.75 TO $4.80.FY2019 EARNINGS PER SHARE VIEW $4.78 -- REFINITIV IBES DATA.Q3 EARNINGS PER SHARE VIEW $1.16 -- REFINITIV IBES DATA.CONTINUE TO MAKE PROGRESS ON ANTICIPATED ACQUISITION OF GE BIOPHARMA.CONTINUE TO MAKE PROGRESS ONPLANNED INITIAL PUBLIC OFFERING OF DENTAL BUSINESS, WHICH WILL BE CALLED ENVISTA.  Full Article

GE, BlackRock To Create New Company Distributed Solar Development
Wednesday, 17 Jul 2019 

July 17 (Reuters) - GE SOLAR::GE SOLAR & BLACKROCK REAL ASSETS PARTNER TO ACCELERATE SOLAR SOLUTIONS.GE SOLAR - TO CREATE NEW COMPANY DISTRIBUTED SOLAR DEVELOPMENT, A GE RENEWABLE ENERGY VENTURE.GE SOLAR - NEW COMPANY WILL BE 80 PERCENT OWNED BY A FUND MANAGED BY BLACKROCK REAL ASSETS.GE SOLAR - ADDITIONAL FINANCIAL DETAILS WERE NOT DISCLOSED..  Full Article

General Electric - Patrick Byrne Named CEO Of Co's Digital Business
Monday, 1 Jul 2019 

July 1 (Reuters) - General Electric Co ::PATRICK BYRNE NAMED CEO OF GE’S DIGITAL BUSINESS.GE - BYRNE JOINS GE FROM FORTIVE, WHERE HE SERVED AS SENIOR VICE PRESIDENT.  Full Article

GECAS And David Neeleman Agree To A Letter Of Intent For Nine A220-300 Aircraft
Monday, 17 Jun 2019 

June 17 (Reuters) - GECAS::GECAS AND DAVID NEELEMAN AGREE TO A LETTER OF INTENT FOR NINE A220-300 AIRCRAFT.GECAS - CO & DAVID NEELEMAN’S NEW AIRLINE, AGREED TO A LOI FOR PURCHASE, LEASEBACK OF NINE A220-300 AIRCRAFT WITH DELIVERIES SCHEDULED IN 2021 & 2022.  Full Article

GE Ventures Is Looking For A Buyer For Its Portfolio Of More Than 100 Start-Ups- CNBC
Thursday, 13 Jun 2019 

June 13 (Reuters) - :GE VENTURES IS LOOKING FOR A BUYER FOR ITS PORTFOLIO OF MORE THAN 100 START-UPS- CNBC.  Full Article

GE Healthcare And Nyansa Form Strategic Alliance
Monday, 10 Jun 2019 

June 10 (Reuters) - GE Healthcare::GE HEALTHCARE AND NYANSA FORM STRATEGIC ALLIANCE TO BRING NETWORK PERFORMANCE ANALYTICS SOLUTIONS TO HEALTH CARE.GE HEALTHCARE - CO AND NYANSA ARE INTEGRATING GE CARESCAPE NETWORK , WITH VOYANCE AIOPS.GE HEALTHCARE - WILL BE SOLE DISTRIBUTOR OF THE NYANSA AIOPS PLATFORM IN HEALTH CARE FACILITIES.  Full Article

GE Begins Union Contract Talks
Monday, 3 Jun 2019 

June 3 (Reuters) - General Electric Co ::GE BEGINS UNION CONTRACT TALKS.GE - BEGAN NEGOTIATIONS ON NEW NATIONAL CONTRACT WITH THE COORDINATED BARGAINING COMMITTEE OF GE UNIONS..GE - THE CURRENT FOUR-YEAR CONTRACTS WITH THE UNIONS EXPIRE AT MIDNIGHT ON JUNE 23, 2019..GE - THERE ARE APPROXIMATELY 6,600 GE EMPLOYEES REPRESENTED BY CONTRACTS WITH 11 UNIONS THAT ARE PART OF THE CBC.  Full Article

Trian Spokesperson Says Reduction In Holdings In GE Was For Portfolio Management
Friday, 24 May 2019 

May 24 (Reuters) - Trian Spokesperson::TRIAN SPOKESPERSON SAYS AS A LARGE SHAREOWNER WITH A SEAT ON GE'S BOARD, IT CURRENTLY EXPECTS TO REMAIN "HIGHLY ENGAGED" WITH GE FOR FORESEEABLE FUTURE.TRIAN SPOKESPERSON - REDUCTION IN HOLDINGS IN GE WAS FOR PORTFOLIO MANAGEMENT PURPOSES.  Full Article

Trian Fund Management LP Reports Open Market Sale Of 1.3 Mln Shares Of GE Common Stock
Friday, 24 May 2019 

May 24 (Reuters) - General Electric Co ::TRIAN FUND MANAGEMENT LP REPORTS OPEN MARKET SALE OF 1.3 MILLION SHARES OF GE COMMON STOCK AT AVERAGE PRICE OF $10.02PER SHARE ON MAY 22 - SEC FILING.TRIAN FUND MANAGEMENT LP REPORTS OPEN MARKET SALE OF 2.0 MILLION SHARES OF GE COMMON STOCK AT AVERAGE PRICE OF $9.58PER SHARE ON MAY 23 - SEC FILING.TRIAN FUND MANAGEMENT LP REPORTS OPEN MARKET SALE OF 3.4 MILLION SHARES OF GE COMMON STOCK AT AVERAGE PRICE OF $9.53PER SHARE ON MAY 24.  Full Article

GE’s HA Gas Turbine To Power Indeck Niles Energy Center
Monday, 20 May 2019 

May 20 (Reuters) - General Electric Co ::GE - ANNOUNCED AN ORDER FOR ITS HA GAS TURBINE TECHNOLOGY FOR THE INDECK NILES ENERGY CENTER IN NILES, MICHIGAN..  Full Article

UPDATE 9-Oil climbs as Middle East tensions offset demand worries

* IEA does not expect "huge increase" in crude prices (Adds CFTC data)