General Electric warned on Thursday that 2019 will be another brutal year, but CEO Larry Culp vowed to confront the storied conglomerate’s problems “head on.” Dragged down by its beleaguered power ...
General Electric (NYSE: GE) is expected to report a sharp decline in revenues for 2019 primarily due to the deconsolidation of its Oil & Gas segment. The Oil & Gas segment had revenues of $22 billion ...
GE is on track to end 2020 with a solid (if not spectacular) balance sheet, having dramatically reduced its debt load compared to mid-2018. GE stock looks expensive at first glance, but merely getting ...
Less than one month after General Electric’s CEO said a spinoff of GE Healthcare remained on track for this year, the parent company halted that action by announcing the $21 billion sale of GE ...
The JPMorgan analyst who foretold General Electric’s downfall is warning of more trouble for the storied American conglomerate. C. Stephen Tusa Jr. downgraded GE (GE) to “underweight” on Monday and ...
General Electric Co. (GE) signage is displayed in front of the company's recently sold Fort Point property in Boston, Massachusetts, U.S., on Friday, May 10, 2019. GE agreed to sell its Boston ...
There's another tough year ahead for General Electric. The Boston-based conglomerate on Thursday issued a bleak forecast for 2019 that warned of lower profit targets and weak cash flow. GE said its ...
Another quarter of stellar results in GE's aviation business combined with no negative surprises elsewhere in the company helped GE stock surge following its Q4 earnings release. At first glance, GE's ...
Shares of General Electric closed down on Wall Street on Tuesday after CEO Larry Culp forecasted free cash flow at the struggling industrial giant would be negative in 2019, raising concerns among ...
General Electric ended 2019 with about 205,000 global workers. Here, jet engines are seen at a GE assembly plant last year.(Reuters) General Electric Co. last year shed roughly 78,000 employees, or ...
They work with everything, but the newest "C by GE" smart bulbs and switches were made with the Google Assistant in mind. Originally hailing from Troy, Ohio, Ry Crist is a writer, a text-based ...
GE Appliances brought the Kitchen Hub back to CES this year with a new price and release date. The Kitchen Hub debuted as a prototype last year, and now the smart hood is prepped for a May 2019 launch ...
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