General Electric Co. unveils plans to cut 12,000 jobs globally in its power business
The NYSE listed giant said the jobs cuts are part of its plan to reduce costs in the Power division by US$3.5bn in 2017 and 2018
Company
General Electric Co
NYSE:GE
General Electric Co is a high-tech industrial company. The company operates through three segments: Aerospace, Renewable Energy and Power.
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General Electric Co shares slip further after Moody's highlights its "mounting end-market challenges"
Moody’s warned that it expects the “severe deterioration” in GE’s power business to last at least through to 2019
AFTER HOURS: Tesla Inc, General Electric Inc, Wal-Mart Stores Inc, Trump Tax boost
A round-up of the breaking headlines after the closing bell
Dow Jones and benchmarks finish higher; Alibaba down despite record break
In Toronto, the TSX is down 24.40 points to stand at 16,014.
GE slightly up after moving to cut divi by 50%
"We understand the importance of this decision to our shareowners and we have not made it lightly," said GE chief executive John Flannery
General Electric, Mattel, Hasbro and more - AFTER HOURS
Proactive takes a look at what stocks are in play before the bell in New York
FTSE 100 closes near flat as traders look for direction; Dow Jones surges
The UK blue chip index closed its account on Tuesday up 2.09 at 7,526.
General Electric shares down again; UBS downgrades to 'neutral'
Shares today fell 6.71% in New York to US$22.24 each, having tanked 7% on Friday.
General Electric shares tank as third quarter shows a big earnings miss
The firm's new adjusted earnings per share (EPS) forecast for the year was cut to a range of between US$1.05 and US$1.10 a share
Dow and S&P finish higher on the week for sixth time in a row after Senate approves budget blueprint
The Senate's approval of its version of the Fiscal Year 2018 Budget Resolution is a necessary step in the process towards debating and negotiating tax policy
ASOS in fashion as HSBC upgrades its stance to 'buy' from 'hold' following recent results
A look at some of the biggest risers and fallers today in London
General Electric board shake-up continues
Ed Garden, a founding partner and chief investment officer of activist investment firm Trian Fund Management, has joined the board
Tesla, Equifax, General Electric and more - AFTER HOURS
We look at what was hot and what was not after the bell In New York on Monday
US stocks close lower; General Electric loses ground
Wall Street shares saw red at then open in Wall Street
General Electric investors switch to sell after second quarter revenues slide 12%
The renewable energy sector unit was the strongest for the group in the three months to end June
General Electric, eBay and Honeywell International in focus - PRE-MARKET
A look at the risers and fallers ahead of the bell in New York
General Electric says GE healthcare boss John Flannery will replace Jeff Immelt as its CEO on August 1
Immelt will remain as GE’s chairman until his retirement on December 31 when Flannery will also takeover that role
Nasdaq puts S&P 500 and Dow in the shade - again
It's a case of "in for a Penney, in for a pounding" today
Solid week fizzles out
Markit's PMI releases for April poured cold water on sentiment and the week's gains were pared
FTSE 100 ends tough week on a flat note
Friday was a bit of a wash-out, with the Footsie ending little changed after a rough week