Trading Profile: General Electric Company (GE) operates as a technology, service, and finance company worldwide. The company’s Energy Infrastructure segment offers wind, gas, and steam turbines and generators; combined-cycle systems; nuclear reactors, fuel, and support services; and motors and control systems, as well as provides water treatment solutions. This segment also provides integrated electrical equipment and systems to distribute, protect, and control energy and equipment; and oil and gas equipment, including surface and subsea drilling and production systems, equipment for floating production platforms, compressors, turbines, turbo expanders, high pressure reactors, industrial power generation, and auxiliary equipment. Its Aviation segment produces and sells jet engines, turboprop and turbo shaft engines, and related replacement parts for use in military and commercial aircraft, as well as provides maintenance, component repair, and overhaul services. The company’s Healthcare segment provides medical imaging and information technologies, medical diagnostics, patient monitoring systems, disease research, drug discovery, and biopharmaceutical manufacturing technologies, as well as remote diagnostic and repair services. Its Transportation segment provides technology solutions for customers in various industries, including railroad, transit, mining, oil and gas, power generation, and marine. The company’s GE Capital segment offers commercial loans and leases, fleet management, financial programs, home loans, credit cards, personal loans, and other financial services. Its Home and Business Solutions segment provides refrigerators; freezers; electric and gas ranges; cooktops; dishwashers; clothes washers and dryers; microwave ovens; room air conditioners; and residential water systems primarily under the GE Monogram, GE Profile, GE, Hotpoint, and GE Café brand names. The company was founded in 1892 and is based in Fairfield, Connecticut.
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Recent GE News from Yahoo Finance & Seeking Alpha
GE Aerospace (GE)’s $12 Billion CPP Acquisition Puts Its Growth Strategy to the Test »
GE Aerospace (NYSE:GE) is making its largest acquisition since becoming a standalone publicly traded company. It agreed to acquire Consolidated Precision Products (CPP) for around $12 billion. CPP is one of the world’s largest precision castings providers. It’s a major GE supplier. Precision castings is a major pressure point for the aerospace engines industry. Acquiring […]
GE Aerospace Is Making a $12 Billion Acquisition. Here's What Investors Should Know. »
GE Aerospace announced an acquisition that will help solve a crucial manufacturing bottleneck.
Buy Robinhood Markets Stock, Analyst Says. Plus, Intuit and 4 More Stocks. »
RESEARCH REPORTS These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. The reports are a sampling of analysts’ thinking; they should not be considered the views or recommendations of Barron’s.
GE Is Buying Consolidated Precision Products in a Nearly $12 Billion Deal. How Investors Should View the Acquisition. »
GE Aerospace agreed to buy Consolidated Precision Products for $11.75 billion on Sept. 8, aiming to lock in a longtime supplier of critical engine castings and airfoils.
Warren Buffett’s $37B ‘mistake’ may now be worth $100B »
Berkshire’s biggest hidden asset may be the one Buffett once regretted.
Older Archived News General Electric Co
- GE's Polish Unit Writes Off Third of Its Value as Sale Nears.
- DODGX: Overview of Dodge & Cox Stock Fund.
- The 5 Highest Paid Executives in the Industrials Sector (GE, LMT).
- VWINX: Overview of Vanguard Wellesley Income Fund.
- Top 4 Mutual Fund Holders of General Electric (GE, VTSMX).
- (VT) Vanguard Total World Stock Index ETF: Top 5 Holdings.
- Bloomberg Advantage: Leonard on GE Transformation Under Immelt.
- How GE Exorcised the Ghost of Jack Welch to Become a 124-Year-O.
- How GE CEO Jeff Immelt Is Transforming GE.
- How GE Exorcised the Ghost of Jack Welch to Become a 124-Year-Old Startup.Load More News...
