General Electric (GE) made a big announcement this week, revealing plans to break up into three companies that focus on aviation, health care, and energy. The U.S. industrial giant said it would split into the three companies following years of seeing its stock underperform. The company aims to spin off the health-care unit by early … Continue reading “General Electric to Break Up Into 3 Companies”
Tag: general electric
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Shares of General Electric Drop After Disclosure of Notice from SEC
General Electric announced this week that it has received a Wells notice from staff at…
October 8, 2020
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General Electric Shares Pop As Company Sells its Consumer Lighting Business
Shares of General Electric were rising on Wednesday after Wall Street learned that the company…
May 28, 2020
FDA Has Issued a Cybersecurity Warning on Some GE Medical Equipment
On Thursday the Food and Drug Administration (FDA) released a warning to health-care providers, facilities…
January 24, 2020
GE to Freeze the Pensions of Thousands of its American Workers
General Electric announced on Monday that it is freezing the pension plans for around 20,000…
October 8, 2019
GE Shares Sink the Most in 11 Years After Whistleblower Reveals Shocking Accusation
Shares of General Electric collapsed on Thursday to see the biggest loss the stock has…
August 16, 2019
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This is Why GE Shares Just Saw a Big Bounce
Shares of General Electric were moving higher on Thursday in premarket trading after CEO Larry…
March 14, 2019
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GE Considers Break-up After Being Hit With $11B In Charges in Q4
General Electric could be looking more at breaking itself up after the company announced this…
January 16, 2018
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General Electric Plans to Cut 12,000 Jobs In This Division
General Electric Co. announced on Thursday that it is planning to slash 12,000 jobs in…
December 7, 2017
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General Electric Shares Collapsed but Soared Back After This
General Electric just released its third quarter earnings report and Wall Street wasn't too thrilled.…
October 20, 2017
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Major General Electric Management Shake Ups Sink Shares
Shares of General Electric saw losses on Monday after it was revealed that several senior…
October 10, 2017
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New GE CEO Plans to Cut Jobs
According to a Reuters report that cited sources familiar with the matter, General Electric Co.'s…
August 31, 2017
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General Electric Co. Appoints New CEO After Jeff Immelt Steps down
General Electric has just named veteran insider John Flannery to head the company after its…
June 12, 2017
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Boeing (BA) Just Got A HUGE Order From This Company
Boeing announced on Wednesday that GE Capital Aviation Services (GECAS), the Irish-American commercial aircraft financing…
January 4, 2017