U.S. stocks bounced back in early trading on Thursday, after the Nasdaq nearly hit a 30-month low a day earlier, as the market looked set to erase some of its Read more
Tag: GE
Ford exits Russia with joint-venture sale, but Moral Rating Agency slams ‘escape clause’
Ford Motor Co. is exiting its operations in Russia — which it had previously suspended — with the sale of its minority stake in a joint venture to manufacture commercial Read more
U.S. stock futures ease after S&P 500 ended Monday at highest level in a month
U.S. stock futures on Tuesday edged back from its best levels in a month, as a slate of key earnings were set to hit. What’s happening Futures on the Dow Read more
GE stock jumps after profit more than doubles expectations, surprise positive free cash flow
Shares of General Electric Co. GE, +4.53% climbed 2.0% in premarket trading Tuesday, after the industrial conglomerate, which is planning to split into three independent companies, reported big second-quarter profit Read more
Avoid GE stock ahead of earnings as Wall Street’s expectations haven’t fallen far enough, analyst says
Expectations for General Electric Co.’s second-quarter profit and sales have been reduced significantly in recent months, but there are still those on Wall Street who believe they haven’t come down Read more
GE to name its power business GE Vernova after split off
GE Vernova will be the name of General Electric Co.’s power business when it splits off from the company in 2024. The new name, GE said, is a mashup of Read more
Kremlin could seize Russian assets of U.S. companies, warns Moral Rating Agency
The Russian assets of major global corporations could be seized by the Kremlin amid the ongoing fallout from Russia’s invasion of Ukraine, according to new research. With the war now Read more