GE Dumps Immelt’s 3 Vice Chairman
General Electric's new board chair and chief executive, John Flannery, has purged the top end of former CEO Jeff Immelt's executive team.
Industrials
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General Electric Can’t Shed Ranking as DJIA’s Biggest Loser in 2017
Industrial giant GE has racked up another week as the worst performing stock among the Dow 30. The new CEO is reshuffling his executive team and eliminating executives' company cars. Investors are not impressed.
When 2 Big General Electric Analyst Calls Fall on Deaf Ears
While many analysts have been trimming expectations on GE, two new analyst research reports have called for its stock to have considerable upside.
General Electric Stuck as DJIA’s Biggest Loser in 2017
General Electric continues to be the worst performing stock on the Dow Jones Industrial Average index despite completing a deal to sell one of its poorer performing businesses.
PQ Group Quietly Enters the Market in IPO
PQ Group quietly entered the market on Friday as one of the largest initial public offerings this quarter.
General Electric Sells Industrial Solutions Group to ABB for $2.6 Billion
General Electric has agreed to sell its industrial solutions business to Swiss engineering firm ABB for $2.6 billion. The transaction is the first under new GE CEO John Flannery.
General Electric Can’t Shake Position as DJIA’s Biggest Loser in 2017
GE stock added about 4% to its share price last week, but that was not nearly enough for the firm to escape its position as the worst performing stock among the Dow 30.
Why General Electric Stock Is Still a Buy, but Maybe Less of One
General Electric has had a tough 2017. Not everything is bad at GE, but the story is hard one to get into a so-called elevator pitch for investors right now.
General Electric Remains DJIA’s Biggest Loser in 2017
GE posted a slight share price gain last week, but not enough to move it out of last place in the ranking of the 30 stocks that make up the Dow Jones Industrial Average.
5 Stocks That Tanked the Dow Last Week
The Dow Jones Industrial Average just had its worst weekly drop since March. Here’s a look at the stock brought the index down over this past week.
General Electric Mired in Place as Dow’s Worst Stock of 2017
General Electric posted new 52-week lows on both Thursday and Friday last week even though the company had no significant news.
MPM Files for IPO
Global chemicals manufacturer MPM has filed with the SEC regarding an initial public offering.
GE Sheds Remaining Stake in Penske
General Electric sold its remaining stake in Penske Truck Leasing to two Penske companies and Japan's Mitsui for about $674 million, as GE sheds the last remaining bits of GE Capital.
General Electric, Dow’s Worst Stock of 2017, Eyes Cost-Cutting
GE stock added more than 2% last week, but the industrial giant hasn't given up its place as the worst performing Dow Jones Industrial Average stock for the year to date.
General Electric Rolls On as DJIA’s Worst Stock of 2017
General Electric last week extended its ranking as the worst-performing Dow stock for a sixth consecutive week. Shares are down more than 22% for the year to date.