Struggling industrial giant GE announced this morning that it will fire 12,000 employees in the company's Power segment as the company seeks to reduce costs and return to profitability.
Paul Ausick Some down and out stocks don't always stay down, and sometimes great turnarounds and recoveries can create huge victories for opportunistic and visionary investors.
French media reports that General Electric plans to cut 4,500 jobs in Europe, another brutal step as management tries to turn around the floundering company.
Large companies do not appear to care whether they destroy the holidays for some of their workers. Pre-Christmas layoffs seem to be rampant this year.
General Electric has retained its lock as the worst performing Dow stock for the year to date. It really has no competition for the ranking and appears all but certain to remain…
Visa, General Electric, Boeing, and DowDuPont were the leading losers among the DJIA index stocks on Friday.
The economy is still improving in 2017 and the bull market is now closer to nine years old than eight. One major company that has not recovered its lost ground from pre-recession…
Jon C. Ogg Here are four battered companies that some big name investors and insiders are buying shares of now.
General Electric's Healthcare segment signed a deal Sunday with Nvidia to use the chipmaker's artificial intelligence platform. GE Healthcare also inked a deal with Intel Monday morning.
Two GE board members joined CEO John Flannery in adding to their positions in the company's stock. The jolt helped keep the share price dip to a minimum.
GE shares sank again last week following the announcement of a 50% dividend cut and additional details about a strategic plan to sell some $20 billion in assets.
Moody's Investors Services has cut its rating on GE senior unsecured debt by one notch to A2 based on the struggling industrial giant's many challenges.
Paul Ausick It seems that GE's recently appointed CEO, John Flannery, is taking an increased stake in the company in hopes that it will turn around. But is it too late?
Chris Lange General Electric is continuing its fall from grace after earlier this week announcing that it would be cutting its dividend and making some changes to its business model.
Warren Buffett had once again sold a large portion of his stock in IBM, another stake through the heart of Wall Street's confidence in the faltering big tech company's turnaround.
