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
Roblox downgraded, Lululemon upgraded: Wall Street's top analyst calls »
Roblox downgraded, Lululemon upgraded: Wall Street's top analyst calls
Boeing, GE, and 10 More Stocks to Play Aerospace & Defense ‘Megatrends’ »
Citi has a new aerospace and defense analyst. The sector is “at the center of a number of megatrends—secular, multi-year growth drivers largely not dependent on the economy,” wrote Citi analyst John Godyn. Trends include: rising demand for air travel, increasing commercial jet production, international rearmament, AI-trained drone and missile technology, and the rise of a space economy.
Boom Supersonic’s Latest Move Suggests Aerospace Firms Have a Future in AI »
What do supersonic jets and artificial-intelligence data centers have in common? “The same supersonic technology drives both the Superpower turbine and the Symphony [supersonic] jet engine,” reads part of Boom’s news release. The Symphony turbine jet engine will power Boom’s Overture supersonic jet.
Elon Musk Appears to Confirm SpaceX IPO. It Could Be Bigger Than Boeing, Lockheed, and GE Combined. »
Elon Musk appears to have confirmed IPO plans for his rocket company SpaceX—and revealed why it might happen soon. On Wednesday evening, Musk responded to a tweet from Ars Technica senior space editor Eric Berger, who posted a story about the reasons SpaceX, which has seemingly been content to stay private, without a need for more capital, might pursue an initial public offering of stock. “As usual, Eric is accurate,” said Musk.
Is Trending Stock GE Vernova Inc. (GEV) a Buy Now? »
GE Vernova (GEV) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
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...
