GE Stock in the Red as Company Freezes 20,000 Pension Plans
GE stock is trading down today after General Electric (NYSE:GE) announced that it would be freezing 20,000 pension plans in an effort to cut its debt.
GE shares have been on the slide …
GE Stock Climbs As Citigroup Cites “Significant” Recovery
General Electric (NYSE:GE) shares are up 5.6% today after Citigroup analysts claimed GE stock recovery “could be more significant” than investors realize.
GE stock has been sliding for quite a while due to …
GE Stock Tanks Amidst Fraud Accusations: What This Means for Investors
GE stock dropped 11.3% today as General Electric (NYSE:GE) was accused of concealing serious financial mishandling.
Opaque Financial Reports
The accusations were made by fraud investigator Harry Markopolos, who also blew the whistle …
General Electric Stock Soars After Announcing IoT Company
On December 13th, the General Electric stock closed the day up nearly 10%. Why? Well, there are two potential reasons.
First, however, let’s start with the closing stock price.
General Electric Stock … Read
A New GE CEO: Science Manufacturer Has Been Struggling, Can a New CEO Fix the Issues?
A new GE CEO has been announced today. GE (NYSE:GE) has replaced John Flannery, only a year into his role.
Stocks have risen 14% in pre-market trading as a result.
GE CEO … Read
General Electric New Business Plan is Attracting Investors
General Electric Company (NYSE:GE): The General Electric new business plan of becoming a high-tech industrial company is receiving positive responses from investors and market pundits.
Its shares jumped more than 8% in the …
General Electric Debt Reduction Strategy: Asset Sales and Dividend Cuts Are On the Way
General Electric (NYSE:GE) share price regained momentum in the last couple of trading sessions, driven by its strategy of selling $20 billion worth of assets. The management plans to pull the company out of its …
General Electric Shares Extends Decline After Being Booted Out From Dow Jones
General Electric delisted from Dow Jones: General Electric (NYSE:GE) shares extended the downward momentum after the Dow Jones Industrial Average ended its century-long relationship with the electric company. The index, which tracks the stocks of …
General Electric Dividends Are at Risk
General Electric Company (NYSE:GE) has been struggling to generate enough cash flow to support its capital requirements, dividend payments, and debt reduction. The company slashed its dividends in half last year and investors are not …
Could Economic Instability Have Negative Impact on 3M Dividends?
The history of 60 successive years of dividend growth makes 3M (NYSE:MMM) the best stock for dividend growth investors. With a presence in more than 100 countries, the diversified industrial company has recently raised its …