The Latest Breaking News from GE

General Electric Q1 Print Shows Strong Orders, But One Issue Continues

General Electric Company (NYSE: GE) reported its first quarter adjusted earnings above Street estimates. Although orders were strong, the company’s print was impacted by supply chain issues much more than anticipated, according to BofA Securities.

Benzinga · Apr 26, 2022

GE Stock Slides After Q1 Earnings, Warns On Inflation Pressure

General Electric Co (NYSE:GE) reported first-quarter FY22 adjusted revenue of $16.3 billion flat year-over-year and organic revenues of $16.43 billion, up 1% Y/Y. Total GAAP revenues were flat at $17.04 billion. Total orders increased by 11% Y/Y to $18.9 billion and +13% on an organic basis. Adjusted EPS was $0.24, an increase of…

Benzinga · Apr 26, 2022

Why GE Shares Are Falling Today

General Electric Company (NYSE: GE) shares are trading lower Tuesday after the company reported financial results and announced it's experiencing ongoing challenges stemming from the Russia-Ukraine conflict, COVID-19 impacts in China, inflationary pressures and material sourcing delays. 

Benzinga · Apr 26, 2022

General Motors Secures Multi-Year Cobalt Supply From Glencore

Known for its heat-resistant properties, cobalt is added to lithium-ion battery cathodes to improve energy density and battery longevity.

InsideEVs · Apr 13, 2022

GE Secures Order For Six Gas Turbine Packages; Alliance Airlines Expands Relationship With GE Digital

General Electric Co (NYSE:GE) received an order from Taiwan Power Company (TPC) for six of its advanced LM2500XPRESS gas turbine packages aiming to provide a rapid, highly modular technology. Financial terms were not disclosed. GE expects to build TPC's 175 megawatts (MW) Tung Hsiao Power Plant Renewal Project gas plant in less than…

Benzinga · Apr 11, 2022

Are Disney And General Electric Too Cheap To Ignore? Why This Investor Is So Bullish

The 10-year Treasury yield reached its highest level in three years on Thursday as investors continue to weigh the actions of the Federal Reserve. With the word "recession" being tossed around, people seem to be heading for the exits, but one investor thinks that's a mistake.

Benzinga · Apr 8, 2022

California could be releasing billions of genetically modified male mosquitoes to fight diseases

The genetically modified insects will be non-biting males engineered to only produce more male offspring

The Independent UK · Apr 7, 2022

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 · Apr 2, 2022

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 · Apr 1, 2022

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 · Mar 29, 2022