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’s AI Repair Push And Vernova Demand Reframe Growth Drivers »
GE Aerospace is committing a multi year investment to expand and upgrade its engine repair operations in Singapore with automation, AI enabled inspection, and digitization. The Singapore Economic Development Board is supporting this expansion, which is aimed at strengthening regional engine repair capacity. GE Aerospace is gaining traction with pilot facing SaaS tools for flight data and aviation safety, while GE Vernova is seeing strong demand for its power equipment. General Electric...
Add These 4 GARP Stocks to Your Portfolio to Receive Handsome Returns »
The GARP strategy helps investors gain exposure to stocks that have solid prospects and are trading at a discount. APH, GE, RMD and AMP are some such stocks.
2 Profitable Stocks to Consider Right Now and 1 Facing Challenges »
While profitability is essential, it doesn’t guarantee long-term success. Some companies that rest on their margins will lose ground as competition intensifies - as Jeff Bezos said, "Your margin is my opportunity".
Dow Jones Futures Rise; Dow Above 50K With Apple, Boeing, AI Stocks In Buy Areas. But Market Is Still Divided. »
The Dow has topped 50,000 for the first time, with JPMorgan, Apple and Boeing in buy areas. The Nasdaq is still below key support, but these AI stocks are reviving.
Scott Strazik on How GE Vernova Is Riding the AI Power Surge »
When Scott Strazik became head of General Electric’s energy business, GE Vernova, in 2021, the electricity business felt very different than it does today.
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...
