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The Latest Breaking News from GE

If You Invested $1,000 In General Electric Stock At Its Pandemic Low, Here's How Much You'd Have Now

Investors who bought stocks during the COVID-19 market crash in 2020 have generally experienced some big gains in the past two years. But there is no question some big-name stocks performed better than others since the pandemic bottom.

Benzinga

Explainer: How to know if the swelling in your leg or ankle is normal? Experts answer

36-year-old Prisha Singh noticed a strange swelling in her legs and ankle when she couldn’t fit into her sneakers. She dismissed it believing it was water retention or tiredness but when the swelling didn’t subside even after many days, she booked a doctor’s appointment. Turned out her kidneys needed attention.

The Times of India

Barclays Trims GE Price Target By Less Than 1% - Read Why

General Electric Co's (NYSE:GE) price target has been lowered to $115 (an upside of 22%) from $116 by Barclays analyst Julian Mitchell. The analyst maintained the Overweight rating on the shares. Related: GE Reiterates FY22 Outlook At Its 2022 Investor Day Mitchell lowered earnings estimates for 2022 and 2023. The analyst anticipates 2022 to be a…

Benzinga

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Where General Electric Stands With Analysts

General Electric (NYSE:GE) has observed the following analyst ratings within the last quarter:

Benzinga

US poised to release 2.4bn genetically modified male mosquitoes to battle deadly diseases

The future isn’t female, at least not for the invasive Aedes aegypti: the altered males are engineered to produce only male offspring

The Guardian - US

GE-BOND Consortium Secures Contract To Build Electrical Systems For New York Project

GE-BOND consortium between General Electric Co (NYSE:GE) GE Renewable Energy's Grid Solutions and New York-based BOND Civil & Utility Construction has secured an EPC contract from Empire Offshore Wind to supply a digital onshore substation for Empire Wind 1 offshore wind farm project in New York. Financial terms were not disclosed. Empire Offshore Wind…

Benzinga

10 Industrials Stocks Whale Activity In Today's Session

This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.

Benzinga

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GE Chief Larry Culp Agrees To $10M Pay Cut This Year, Keeps Job Until 2024 After Shareholder Concerns

General Electric Co (NYSE: GE) said on Thursday CEO Larry Culp has agreed to lower his annual compensation by $10 million and retained his contract until 2024 in response to shareholder concerns last year.

Benzinga

Cloud seeding might not be as promising as drought-troubled states hope

On mountain peaks scattered across Colorado, machines are set up to fire chemicals into the clouds in attempts to generate snow. The process is called cloud seeding, and as global temperatures rise, more countries and drought-troubled states are using it in sometimes desperate efforts to modify the weather.

The Conversation

General Electric Whale Trades Spotted

Someone with a lot of money to spend has taken a bearish stance on General Electric (NYSE:GE). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

This Is What Whales Are Betting On General Electric

Someone with a lot of money to spend has taken a bullish stance on General Electric (NYSE:GE). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

GE Reiterates FY22 Outlook At Its 2022 Investor Day

General Electric Co (NYSE:GE) is hosting its 2022 Investor Day at its Power and Aviation facilities in Greenville, South Carolina. Link to the event. The company reaffirmed its FY22 outlook for organic revenues to grow in the high-single-digit range and the adjusted organic profit margin to expand by 150+ basis points. Adjusted…

Benzinga

Why GE Shares Are Trading Higher Today

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 ongoing basis, along with organic and inorganic investments, as it plans to establish three global, investment-grade companies. GE also disclosed that it…

Benzinga

McDonald's, Starbucks, Coke, Pepsi join exodus out of Russia

McDonald’s, Starbucks, Coca-Cola, PepsiCo and General Electric all announced Tuesday they were suspending their business in Russia in response to the country’s invasion of Ukraine

The Independent UK

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Benzinga

Analyst Ratings For General Electric

Over the past 3 months, 8 analysts have published their opinion on General Electric (NYSE:GE) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Benzinga

Credit Suisse Cuts General Electric Price Target By 5%

Credit Suisse analyst John Walsh lowered the price target on General Electric Co (NYSE:GE) to $116 (an upside of 30.2%) from $122 and maintained an Outperform rating on the shares. Walsh also updated his quarterly 2022 EPS estimates into GE's analyst day on March 10th, leaving the full year unchanged. Related: GE Stock Slides As Supply…

Benzinga

What Are Whales Doing With General Electric

Benzinga's options scanner just detected over 11 options trades for General Electric (NYSE:GE) summing a total amount of $546,697. At the same time, our algo caught 3 for a total amount of 104,535.

Benzinga

10 Industrials Stocks With Whale Alerts In Today's Session

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Benzinga

GE And Intel Lead The S&P 500 Lower To End The Week

U.S. indices continued lower amid ongoing concerns over Russia-Ukraine tensions, with investors and governments weighing the possibility of a Russian invasion of Ukraine.

Benzinga

GE Stock Slides As Supply Chain Headwinds Masks Progress

General Electric Co (NYSE:GE) issued an investor newsletter, mentioning continued supply chain pressure across most of its businesses as material and labor availability and inflation affect Healthcare, Renewable Energy, and Aviation. GE expects these challenges to persist at least through the first half of the year. GE said it had included such…

Benzinga

Why GE Shares Are Falling

General Electric Company (NYSE: GE) shares are trading lower by 6.4% at $92.24 Friday afternoon after the company issued FY22 EPS guidance with a midpoint below estimates. GE sees FY22 EPS guidance of $2.80-$3.50, with a midpoint below the analyst consensus estimate of $3.42.

Benzinga

Singapore Airlines Inks $2.8B Order For 22 GE9X Engines, Services

Singapore Airlines (OTC:SINGY) has ordered an additional 22 GE9X engines from General Electric Co (NYSE:GE) operating unit GE Aviation to power its 777-9 aircraft fleet. The order includes a 12-year GE TrueChoice services contract and is valued at $2.8 billion at list price. Singapore Airlines has 31 Boeing Co (NYSE:BA) 777-9 aircraft on order. In 2017, the…

Benzinga

10 Industrials Stocks With Whale Alerts In Today's Session

The Independent UK

Largest US public power company launches new nuclear program

The largest public power company in the United States is launching a program to develop and fund new small modular nuclear reactors as part of its strategy to dramatically reduce greenhouse gas emissions

Benzinga

GE Agrees To Sell Part Of Steam Power's Nuclear Activities To EDF

General Electric Co (NYSE:GE) agreed to divest part of GE Steam Power’s nuclear power activities to EDF Group, an integrated electricity company listed on the Paris Stock Exchange. Financial terms were not disclosed. The transaction includes GE Steam Power’s conventional island equipment for new nuclear power plants and maintenance and upgrades for…

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