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
RBC Capital Initiates Coverage of GE HealthCare Technologies Inc. (GEHC) »
GE HealthCare Technologies Inc. (NASDAQ:GEHC) is among the Best Healthcare Stocks. On June 23, RBC Capital started coverage of GE HealthCare Technologies Inc. (NASDAQ:GEHC) with an “Outperform” rating. The firm had an $80 price target on the shares. The analyst said the company gives an attractive risk-reward profile. The firm has stronger R&D spending and improved […]
GE Stock: From ‘Dead File’ to Outperformer »
Readers weigh in on GE Aerospace CEO Larry Culp, Elon Musk’s Starlink satellites, and SpaceX’s inclusion in indexes.
General Electric (GE) Is Betting On A $170 Billion Services Backlog »
GE Aerospace, part of General Electric (NYSE:GE), has shifted its focus toward a high margin services business. The company reports a services revenue backlog of about $170b tied to its aerospace operations. Engine deliveries have increased, supporting a larger installed base that feeds future services activity. This pivot strengthens operational execution but raises concentration risk around the services segment. For investors following General Electric, the key story now centers on GE...
GE Stock At 52-Week Highs: Is the Best Still Ahead? »
Management no longer talks about disappointing engine output because they fixed it; now the entire investment case rests on a massive, fast-growing services business you might not be watching closely enough.
GE Aerospace Stock Looks Strong. One Number Says Be Careful. »
With its stock sitting at a high after a powerful run, it’s easy to see the bull case for GE Aerospace (GE). The skies are full, demand for new engines is strong, and the company’s large installed base provides a steady stream of high-margin services revenue. The story is compelling.
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...