Tag: $General Electric

General Electric will split into two companies in early April—a jet engine business called GE Aerospace and a power generation business called GE Vernova.

GE HealthCare forecast 2024 profit largely above Wall Street expectations and beat fourth-quarter profit estimates on strong demand for its imaging devices, sending the company’s shares up 2% before the bell on Tuesday.

General Electric reported better-than-expected fourth-quarter earnings, but Its stock was falling in early trading.

A spinoff of General Electric will be building hundreds of turbines for what will be the largest wind project in the Western Hemisphere, part of a massive equipment order and long-term service agreement with global renewable energy giant Pattern Energy.

Oct 24 (Reuters) – General Electric on Tuesday raised its full-year profit forecast for a third time this year after quarterly earnings topped Wall Street estimates on robust demand for jet engine parts and services and a better performance in its renewable business.

General Electric  stock jumped Thursday. Good news about cash and cash flow helped.

Second-quarter earnings at General Electric needed to be good. They didn’t disappoint.

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General Electric Co (GE.N) is offering 25 million of common stock, or an over $2 billion stake, in GE HealthCare Technologies Inc (GEHC.O), according to a regulatory filing on Monday.