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Notable Twilio Insider Makes $1M Buy
Tuesday, November 16, 2021 - 11:23am | 407Jeffrey Immelt, Insider at Twilio (NYSE:TWLO), made a large insider buy on November 11, according to a new SEC filing. What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Thursday showed that Immelt purchased 3,400 shares of Twilio at at a price of $295.82. The total...
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Last Week's Notable Insider Buys: Magnolia Oil & Gas, Vertex Pharmaceuticals
Saturday, August 7, 2021 - 11:35am | 929Insider buying can be an encouraging signal for potential investors, especially when markets are near all-time highs. Some insiders were picking shares last week in the wake of earnings beats. One oil exploration and production CEO returned to the buy window during the week too. Conventional...
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JPMorgan Cuts Target On GE To $22: 'We Don't See The Future Growth Potential'
Thursday, July 6, 2017 - 11:42am | 356Analysts at JPMorgan turned incrementally bearish on General Electric Company (NYSE: GE) on Wednesday and now see downside to the stock moving forward. JPMorgan's C. Stephen Tusa, Jr. maintains an Underweight rating on the Dow component's stock with a price target slashed from $27 to $22, saying...
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A Question General Electric Holders Will Be Asking Today: Who Is John Flannery?
Monday, June 12, 2017 - 9:16am | 422Patience pays off after all. After 30 years with General Electric Company (NYSE: GE), GE Healthcare Limited CEO and President John Flannery is about to inherit all of corporate leadership. Effective Aug. 1, Flannery, 55, will succeed retiring CEO Jeffrey Immelt, who will retain his role as chairman...
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7 Oil Magnates You Need To Follow On Twitter
Tuesday, December 13, 2016 - 4:05pm | 444Twitter Inc (NYSE: TWTR) can be an extremely useful and tradeable too for investors, but only if you follow the right people. Here’s a look at 7 influential people in the oil & gas industry who have the potential for market-moving tweets. 1. T. Boone Pickens — @boonepickens From...
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GE's Immelt: 'We Don't Need Trade Deals'
Tuesday, November 15, 2016 - 3:19pm | 397Jeffrey Immelt, General Electric Company (NYSE: GE) CEO and chairman of the board, sat down for an interview with CNBC to talk about new trade agreements that could be implemented by President-elect Donald Trump. What A Trump Presidency Could Mean Immelt pointed out that Trump is far from the first...
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GE And Other Companies In Transition That Insiders Are Buying
Monday, May 30, 2016 - 12:11pm | 607Insiders continue to snap up seeming bargains, even with the markets approaching highs. Three companies in transition saw notable insider purchases recently. Strong insider buying is often considered a positive sign for investors, particularly during volatile periods. Turnaround efforts at a...
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John Traynor On GE: Turmoil Ahead, But Stock Is Still Appealing
Tuesday, April 14, 2015 - 1:40pm | 374General Electric Company (NYSE: GE) is planning a massive restructuring of its businesses in the coming years, starting with selling a substantial stake in its financial services arm GE Capital. While skeptics are not too happy with this, investors have shown faith in Jeffrey Immelt's vision...
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Jeffrey Immelt: GE's Competitive Advantage, Love Of The Company And Thousands Of Ideas
Monday, April 13, 2015 - 1:23pm | 382Jeffrey Immelt, just like his predecessor Jack Welch, has changed General Electric Company (NYSE: GE) significantly and put his stamp on the company. With GE deciding to sell off its financial services arm GE Capital, Immelt was on CNBC recently to talk about his satisfaction regarding what he...
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Why Is GE Selling Most Of GE Capital, And Why Now?
Saturday, April 11, 2015 - 9:53pm | 385Shares of General Electric Company (NYSE: GE) ended Friday up nearly 11 percent on the announcement that the company would sell a major chunk of its financial services arm GE Capital. The company said it will use the proceeds to buy back stock. GE CEO Jeffrey Immelt was on CNBC to explain the...
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General Electric's Jeffrey Immelt...The Real Raymond Tusk?
Tuesday, April 22, 2014 - 11:24am | 1094The Netflix smash-hit political drama House Of Cards portrays a coercive relationship between a billionaire entrepreneur and the President of the United States. It has been rumored that this character, Raymond Tusk, is based on Berkshire Hathaway’s Warren Buffett. This is an understandable...
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General Electric, American Eagle Outfitters And Others Insiders Have Been Buying
Saturday, February 1, 2014 - 5:16pm | 794Insiders may sell shares for any number of reasons, but conventional wisdom says that insiders really only buy shares of a company for one reason -- they believe the stock price will rise and they want to profit from it. Pullbacks and sell-offs provide a perfect opportunity for investors who have...
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These Are the 100 Highest-Paid CEOs in Business Today
Monday, April 8, 2013 - 4:30pm | 2706The New York Times has published a list of the 100 highest-paid CEOS at U.S. public companies in 2012. Oracle (NASDAQ: ORCL) chief executive Larry Ellison is far and away the highest paid CEO on the list, as his $96.2 million in 2012 compensation dwarfs every other member on the list. The top ten...
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Buyout Firms Vie for GE's Railcar Leasing Unit
Thursday, June 9, 2011 - 8:45am | 171Private-equity firms Warburg Pincus and TPG Capital are said to be cooperating on a bid for General Electric's (NYSE: GE) railcar leasing business, which has about $3 billion in assets. Private-equity firms Cerberus Capital Management and Apollo Global Management also reportedly have made bids....
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Immelt Says U.S. Falling Behind
Thursday, September 23, 2010 - 1:23pm | 186General Electric (NYSE: GE) CEO Jeffrey Immelt said that the lack of a national policy is hurting the economy, and causing the U.S. to fall behind, according to the Wall Street Journal. "The rest of the world is moving 10 times faster than we are," said Immelt. "That is going to mean fewer jobs,...