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General Electric Co (GE.N)

GE.N on New York Stock Exchange

9.34USD
13 Sep 2019
Change (% chg)

$0.08 (+0.86%)
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Latest Key Developments (Source: Significant Developments)

GE CEO Says Making 'Good Progress' On Bringing Leverage Ratio Below 2.5x - MS Conf
Thursday, 12 Sep 2019 

Sept 12 (Reuters) - General Electric Co ::GE CEO SAYS CO HAS TALKED ABOUT A TARGET OF BRINGING BACK THE LEVERAGE RATIO DOWN BELOW 2.5X; SAYS GE IS MAKING GOOD PROGRESS THERE- MORGAN STANLEY CONF.GE CEO SAYS CHINA IS A WATCH POINT FOR CO OPERATIONALLY, PARTICULARLY IN HEALTH CARE - MORGAN STANLEY CONF.GE CEO SAYS KEEPING AN EYE ON THE RETURN TO SERVICE OF THE 737 MAX - MORGAN STANLEY CONF.GE CEO SAYS SO FAR THIS YEAR HAS SEEN LITTLE BY WAY OF ADDITIONAL NEWS OR NOISE IN GE’S BUSINESSES THAT IS OUT OF CO’S CONTROL - MORGAN STANLEY CONF.GE CEO SAYS SEE A LOT OF OPPORTUNITY FOR “LEAN” AT THE AVIATION UNIT WHICH COULD BOOST MARGINS - MORGAN STANLEY CONF.  Full Article

Caithness Energy Orders Three Of GE’S 7Ha.02 Gas Turbines
Monday, 9 Sep 2019 

Sept 9 (Reuters) - General Electric Co ::CAITHNESS ENERGY ORDERED THREE OF GE’S 7HA.02 GAS TURBINES.CAITHNESS ENERGY DEAL ALSO INCLUDES MULTI-YEAR SERVICES AGREEMENT & DIGITAL SOLUTIONS WITH GE.  Full Article

Kansas Insurance Department Statement On Allegations Against General Electric
Monday, 19 Aug 2019 

Aug 19 (Reuters) - Kansas Insurance Department: :KANSAS INSURANCE DEPARTMENT STATEMENT ON ALLEGATIONS AGAINST GENERAL ELECTRIC.KANSAS INSURANCE DEPARTMENT, ON ALLEGATIONS AGAINST GE, SAYS AUTHORS OF REPORT PUBLISHED BY HARRY MARKOPOLOS HAVE NOT CONTACTED DEPARTMENT WITH THEIR CONCERNS.KANSAS INSURANCE DEPARTMENT, ON ALLEGATIONS AGAINST GE, SAYS AFTER INITIAL REVIEW, COMPONENTS OF THIS REPORT APPEAR FAIRLY SIMPLISTIC IN NATURE.KANSAS INSURANCE DEPARTMENT SAYS COMPONENTS OF REPORT DON'T APPEAR TO INCORPORATE CERTAIN TECHNICAL RESERVE CONSIDERATIONS CONSIDERED DURING DEPARTMENT'S FINANCIAL EXAMINATION AS OF DEC 31, 2017.  Full Article

Harry Markopolos Says He Can't Reveal Hedge Fund He's Working For In His Investigation Of GE- CNBC
Thursday, 15 Aug 2019 

Aug 15 (Reuters) - :CERTIFIED FRAUD EXAMINER HARRY MARKOPOLOS SAYS HE CAN'T REVEAL THE HEDGE FUND HE'S WORKING FOR IN HIS INVESTIGATION OF GE- CNBC INTERVIEW.CERTIFIED FRAUD EXAMINER HARRY MARKOPOLOS, WHEN ASKED IF HE THINKS GE WILL GO BANKRUPT, SAYS "THERE IS A BANKRUPTCY WAITING TO HAPPEN".CERTIFIED FRAUD EXAMINER HARRY MARKOPOLOS, ON HEDGE FUND HE'S WORKING FOR IN HIS INVESTIGATION OF GE, SAYS "IT'S A MID-SIZED, U.S. BASED HEDGE FUND".  Full Article

Adage Capital Partners Dissolves In Alibaba Group, Harley Davidson; Takes GE and Snap Inc
Wednesday, 14 Aug 2019 

Aug 14 (Reuters) - Adage Capital Partners GP LLC::ADAGE CAPITAL PARTNERS GP LLC DISSOLVES SHARE STAKE IN ALIBABA GROUP HOLDING LTD - SEC FILING.ADAGE CAPITAL PARTNERS GP LLC TAKES SHARE STAKE OF 7.2 MILLION SHARES IN GENERAL ELECTRIC CO.ADAGE CAPITAL PARTNERS GP LLC TAKES SHARE STAKE OF 952,638 SHARES IN CONOCOPHILLIPS.ADAGE CAPITAL PARTNERS GP LLC REPORTS SHARE STAKE OF 247,894 CLASS A SHARES IN TRADEWEB MARKETS INC.ADAGE CAPITAL PARTNERS GP LLC TAKES SHARE STAKE OF 1.1 MILLION CLASS A SHARES IN SNAP INC.ADAGE CAPITAL PARTNERS GP LLC UPS SHARE STAKE IN GENERAL MOTORS CO TO 1.75 MILLION SHARES FROM 462,866 SHARES.ADAGE CAPITAL PARTNERS GP LLC TAKES SHARE STAKE OF 1.3 MILLION SHARES IN DUKE ENERGY CORP.ADAGE CAPITAL PARTNERS GP LLC DISSOLVES SHARE STAKE IN HARLEY DAVIDSON INC.ADAGE CAPITAL PARTNERS GP LLC UPS SHARE STAKE IN CELGENE CORP BY 50.6 PERCENT TO 13.4 MILLION SHARES.ADAGE CAPITAL PARTNERS GP LLC UPS SHARE STAKE IN CHEVRON CORP BY 12.8 PERCENT TO 2.2 MILLION SHARES.ADAGE CAPITAL PARTNERS GP LLC - CHANGE IN HOLDINGS ARE AS OF JUNE 30, 2019 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF MARCH 31, 2019.  Full Article

GE Says Svp Kevin Cox Reports Open Market Purchase Of 105,600 Shares
Wednesday, 14 Aug 2019 

Aug 14 (Reuters) - General Electric Co ::GE SAYS SVP KEVIN COX REPORTS OPEN MARKET PURCHASE OF 105,600 SHARES IN MULTIPLE TRANSATIONS AT AVERAGE PRICE OF $9.42PER SHARE ON AUGUST 13 - SEC FILING.  Full Article

GE Says CEO Reports Open Market Purchase Of 331,684 Shares In Multiple Transactions At Average Price Of $9.04 Per Share
Tuesday, 13 Aug 2019 

Aug 13 (Reuters) - General Electric Co ::GE SAYS CEO LAWRENCE CULP REPORTS OPEN MARKET PURCHASE OF 331,684 SHARES IN MULTIPLE TRANSACTIONS AT AVERAGE PRICE OF $9.04PER SHARE ON AUGUST 12 - SEC FILING.  Full Article

GE's Director Thomas Horton Reports Open Market Purchase Of Shares
Tuesday, 13 Aug 2019 

Aug 13 (Reuters) - General Electric Co ::GE SAYS DIRECTOR THOMAS HORTON REPORTS OPEN MARKET PURCHASE OF 55,248 SHARES AT A PRICE OF $9.02PER SHARE ON AUGUST 12 - SEC FILING.  Full Article

Wabtec Announces Launch Of Public Offering By Selling Stockholder
Tuesday, 6 Aug 2019 

Aug 6 (Reuters) - Westinghouse Air Brake Technologies Corp ::WABTEC ANNOUNCES LAUNCH OF PUBLIC OFFERING BY SELLING STOCKHOLDER.WABTEC - LAUNCH OF AN UNDERWRITTEN SECONDARY OFFERING OF 20.5 MILLION SHARES OF WABTEC COMMON STOCK BY GENERAL ELECTRIC COMPANY.  Full Article

GE Says Terms Of Miller's Separation Agreement Will Be Disclosed Once Finalized
Wednesday, 31 Jul 2019 

July 31 (Reuters) - General Electric Co ::GE SAYS MATERIAL TERMS OF JAMIE MILLER'S SEPARATION AGREEMENT WILL BE DISCLOSED ONCE THEY ARE FINALIZED - SEC FILING.  Full Article

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Siemens, Orascom sign deal to rebuild Iraq power plant

BERLIN Siemens and Orascom Construction signed an agreement on Saturday with the Iraqi government to rebuild two power plants in the north of the country that will have a combined capacity of 1.6 gigawatts.