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  2. A GE spinoff's stock is surging as it positions itself ... - AOL

    www.aol.com/finance/ge-spinoffs-stock-surging...

    GE Vernova has become a Wall Street favorite as an AI power play. ... Vernova stock is up more than 100% since its spinoff, compared to the S&P 500's 21% year-to-date gain.

  3. GE completes three-way split, breaking off from its storied past

    www.aol.com/news/ge-completes-three-way-split...

    CHICAGO (Reuters) -General Electric on Tuesday completed its breakup into three companies, marking the end of the 132-year-old conglomerate that was once the most valuable U.S. corporation and a ...

  4. Timeline of General Electric - Wikipedia

    en.wikipedia.org/wiki/Timeline_of_General_Electric

    General Electric scientist Robert N. Hall invents the solid state laser [5] 1963 Gerald L. Phillippe becomes chairman, replacing Ralph J. Cordiner: 1964 General Electric sponsors Carousel of Progress at the 1964 New York World's Fair and continues sponsorship after it is moved to Disneyland from 1967 to 1973, then to Magic Kingdom (1975–1985 ...

  5. GE Vernova - Wikipedia

    en.wikipedia.org/wiki/GE_Vernova

    In preparation for the spin-off, GE Vernova, LLC was founded on February 28, 2023. [20] The LLC was incorporated on April 2, 2024, [21] as GE Vernova Inc. and was listed on the New York Stock Exchange under ticker symbol GEV. [22] After the completion of the two spin-offs, General Electric rebranded itself GE Aerospace. [23] [24]

  6. GE Aerospace Stock: Buy, Sell, or Hold?

    www.aol.com/ge-aerospace-stock-buy-sell...

    GE PE Ratio data by YCharts. As for buying the stock fresh or avoiding it, the question is a bit more difficult. After the strong third-quarter showing, GE Aerospace's price-to-earnings ratio is ...

  7. List of largest corporate spin-offs - Wikipedia

    en.wikipedia.org/wiki/List_of_largest_corporate...

    Spin-off entity Transaction value (in billions USD) Inflation adjusted (in billions 2022 USD) Ref 1 2024 General Electric Company: GE Aerospace, GE Vernova, GE Healthcare: 191 191 [1] 2 2008 Altria Group: Philip Morris International: 108 141 [2] [3] 3 2000 BCE: Nortel: 60 97 [3] 4 2013 Abbott Laboratories: AbbVie: 56 67 [3] 5 2015 eBay: PayPal ...

  8. General Electric Stock Needs Another Spinoff to Create Value

    www.aol.com/news/general-electric-stock-needs...

    General Electric (NYSE:GE) stock has been trying hard to regain lost glory. In the recent past, the company has been involved in asset sales, spinoffs and mergers. The objective is to strengthen ...

  9. GE Energy Financial Services - Wikipedia

    en.wikipedia.org/wiki/GE_Energy_Financial_Services

    In 2021 a plan to split GE into three new public companies (GE Vernova, GE HealthCare, and GE Aerospace) was announced. GE Energy Financial Services, along with GE Digital, GE Renewable Energy, and GE Power will come together as GE Vernova. [2] The spin-off was completed in the second quarter of 2024. [3]

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