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As expected, General Electric (GE) is on the mend, its stock price is reflecting that new reality, and so I'm reiterating my buy rating for the company, first recommended on June 2, 2009 at a ...
General Electric Co (NYSE: GE) Board authorized up to $3 billion of common share repurchases. GE expects to consider share repurchases as one of the potential capital allocation alternatives on an ...
The ambitious move drove an 8.2% rise in GE shares in premarket trading. It will combine GE Renewable Energy, GE Power, and GE Digital and spin off the business in early 2024. GE to split into ...
The company was formerly known as GE Money Bank and changed its name to GE Capital Retail Bank in October 2011. GE Capital Retail Bank operated as a subsidiary of General Electric Capital Corporation. [61] GE Capital Retail Bank acquired MetLife Bank from MetLife in 2011. [62] As of June 2, 2014, GE Capital Retail Bank is now known as Synchrony ...
For 2023, GE posted the largest share appreciation of any U.S. industrial, clocking a gain of 95.8%, including value of the GE HealthCare stock investors received at the spinoff.
The New York Times published a critical article in 2017, noting GE's stock price as overvalued under Welch because of the growth of the financial services sector, as well as describing the amalgamated corporation's decline in 16 years under Immelt, who likewise was one of the country's highest-paid managers and eventually sold off two of Welch ...
The Gabelli Global Small and Mid Cap Value Trust GGZ: US The Gabelli Healthcare & Wellness Rx Trust GRX: US The Gabelli Healthcare & Wellness Rx Trust GRX.PRA: US The Gabelli Multimedia Trust Inc. GGT: US The Gabelli Multimedia Trust Inc. GGT.PRB: US The Gabelli Utility Trust GUT: US The Gabelli Utility Trust GUT.PRA: US Gafisa S.A. GFA: Brazil
General Electric shares are hitting lows not seen since the financial crisis, and one analyst on Monday estimated the market could send the embattled conglomerate's stock as low as $5.