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Analysts Speak Up On GE's Solid Quarter
Thursday, August 1, 2019 - 10:54am | 616Read More...General Electric Co (NYSE: GE) shares closed nearly flat in a volatile session on Wednesday after the struggling industrial giant reported an encouraging quarter. GE beat consensus earnings and revenue expectations and raised its 2019 industrial free cash flow guidance to a new range of between...
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CFRA Analyst Is Bullish On Boeing
Thursday, July 25, 2019 - 7:16am | 212Read More...Jim Corridore, a CFRA analyst, spoke on CNBC's "Power Lunch" about his bullish view on Boeing Co (NYSE: BA). The analyst expects that Boeing 737 Max is going to get recertified in September or October and planes are going to fly again in the fourth quarter. The parked planes are going...
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Boeing CEO Grilled By Shareholders On 737 Max Issues
Monday, April 29, 2019 - 1:45pm | 589Read More...Boeing Co (NYSE: BA) stock traded mostly flat Monday after CEO Dennis Muilenburg discussed the company’s outlook with shareholders in the wake of its 737 Max issues. The 737 model was grounded earlier this year after two fatal crashes involving its most popular model. Muilenburg denied...
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Are GE's Guidance Cuts Finally Over? Analysts Speak Up On Company's Financial Update
Friday, March 15, 2019 - 12:15pm | 571Read More...General Electric Company (NYSE: GE) investors weren’t impressed by CEO Larry Culp’s pledge for transparency on Thursday, sending the stock lower on Friday. GE released updated financial guidance Thursday, calling for 2019 EPS of between 50 cents and 60 cents, below consensus estimates...
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Analysts React To GE's Mixed Quarter
Friday, February 1, 2019 - 10:57am | 507Read More...General Electric Co. (NYSE: GE) stock surged more than 10 percent Thursday, its best day in nine years. The strong move came following GE’s fourth-quarter earnings report in which the company reported a revenue beat and an earnings miss. GE guided for “low-to-mid single digits”...
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Another Sector ETF To Consider This Month
Monday, December 5, 2016 - 3:15pm | 512Read More...The post-election ebullience surrounding the industrial sector, the fifth-largest sector weight in the S&P 500, has been well-documented. The Industrial Select Sector SPDR Fund (NYSE: XLI), the largest industrial exchange-traded fund by assets, is up more than 11 percent over the past month,...
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The FedEx Effect: How The Shipping Giant Impacts ETFs
Monday, September 21, 2015 - 2:49pm | 622Read More...Last week, logistics and shipping giant FedEx Corporation (NYSE: FDX), one of the biggest components in the Dow Jones Transportation Average, lowered its fiscal 2016 earnings per share guidance to $10.40–$10.90 a share from a prior range of $10.60–$11.10 per share. Shares of FedEx...
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What 2 Top Analysts Think Of GE Now
Monday, April 13, 2015 - 12:19pm | 592Read More...On April 10, General Electric Company (NYSE: GE) announced bold restructuring plans to sell most of its capital assets in an effort to focus on its industrial business. GE expects to earn $35 billion through the scheme and will have the potential to return more than $90 billion to investors...
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These Analysts Love FedEx's TNT Express Acquisition
Wednesday, April 8, 2015 - 12:50pm | 646Read More...On April 7, FedEx Corporation (NYSE: FDX) announced a deal to buy Dutch delivery firm TNT Express NV for $4.8 billion, or 4.4 billion euros. The deal is an all-cash public offer of 8 euros per share, which represents a 33 percent premium over TNT’s closing price on April 2. TNT’s...
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Airlines In 2014 – Good Bet or Bad Deal?
Monday, January 6, 2014 - 1:05pm | 669Read More...In general, airline stocks did well in 2013, leading some analysts such as Jack Hough of Barron’s to promote at least some airlines for 2014. Hough likes Delta (NYSE: DAL) in particular. Hough included that airline in a list of what he called turnaround stocks. Hough wrote, “The company has...
