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
General Electric (GE) Wins UK Backing To Expand Prestwick Jet Engine Jobs »
General Electric (NYSE:GE) secured multi tier UK government funding to protect and expand jet engine maintenance work at its Prestwick site. UK, Scottish and local authorities are committing significant public capital to support jobs tied to GE engines used on Boeing 787 aircraft. GE plans to invest substantial funds to modernize and grow the Prestwick facility as part of a longer term UK footprint. The new government backed Prestwick expansion is only one part of the wider investment story...
Stock-Split Watch: Is GE Vernova Next? »
GE Vernova stock has skyrocketed since its debut two and a half years ago.
3 Big Reasons to Love GE Aerospace (GE) »
GE Aerospace has been treading water for the past six months, recording a small loss of 1.1% while holding steady at $308.37. The stock also fell short of the S&P 500’s 13.5% gain during that period.
GE Aerospace (GE): Can an $11.75B Foundry Deal Defend Its Premium? »
Most companies go shopping when growth starts to fade. GE Aerospace (NYSE:GE) went shopping with revenue still climbing more than 20%. Last month, the jet-engine maker agreed to buy Consolidated Precision Products/CPP, a Cleveland-based maker of superalloy and titanium castings, for $11.75 billion. GE has been a CPP customer for more than 15 years. Now […]
Jet engine jobs to stay in UK after taxpayers hand factory £33m »
General Electric (GE) will receive up to £33m of taxpayer funding to stop the US aerospace giant moving jet-engine maintenance jobs out of the UK.
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...
