GE Sells Current LED Unit Without Selling GE Lighting
GE has signed a proposed agreement to sell Current, its energy efficiency and digital productivity solutions unit, to the private equity firm American Industrial Partners.
GE has signed a proposed agreement to sell Current, its energy efficiency and digital productivity solutions unit, to the private equity firm American Industrial Partners.
This last week was a crazy end to the October selling craze being followed by a flood of stock buying this week prior to Friday’s major profit taking. Some of that…
General Electric, Encana Energy, Puma Biotechnology, and Kraft Heinz all posted new 52-week lows Friday.
The worst performing S&P stocks are off sharply in October. The following 10 are off more than 40% for the year.
IBM, General Electric, McDermott International, and Clovis Oncology all posted new 52-week lows Wednesday.
Many Wall Street analysts continue to ratchet down their expectations on General Electric, and its shares even briefly traded under $10 on Tuesday for the first time since the recession in 2009.
The top analyst upgrades, downgrades and initiations seen on Wednesday included Aetna, Baker Hughes, Chesapeake Energy, Cognizant Technology Solutions, Cummins, Eli Lilly, General Electric, Qualcomm and Weatherford.
Elon Musk changes much of the management team at SpaceX, Airbus will be late in delivering some of its planes, and other important business headlines.
Tuesday was a positive day for the broad U.S. markets. Although there were ups and downs in the session, the day ultimately ended on a positive note. Crude oil dropped again in…
Alibaba, General Electric, AK Steel, and Weatherford International all posted new 52-week lows on Tuesday.
GE reported third-quarter earnings Tuesday morning that missed analysts' estimates for both profits and revenues. The company also slashed its dividend. Investors traded the stock higher after the report.
General Electric is scheduled to release its quarterly results before the markets open on Tuesday. Analysts expect lower top and bottom line results than last year.
We are in the midst of earnings season, during which most major companies will report and set a direction for the market. We have included the consensus earnings estimates from Thomson Reuters…
Snap, General Electric, Flex, and AT&T posted new 52-week lows on Friday.
Judging by the most shorted stocks traded on the New York Stock Exchange between the September 28 and October 15 settlement dates, those sellers were cautiously positive.