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Get Ready To Pay The Price Of Tariffs: GE Is Already Passing Costs To Customers
Monday, June 2, 2025 - 9:11am | 594GE Aerospace Inc. (NYSE:GE) is passing along higher prices to customers after U.S. trade tariffs created a $500 million cost burden, meaning airlines, and eventually passengers, will soon feel the heat. Speaking from New Delhi at the International Air Transport Association's annual meeting, chief...
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Boeing's Search For New CEO Persists As Calhoun Faces Congressional Hearing
Tuesday, June 18, 2024 - 12:18pm | 560Boeing Company (NYSE:BA) is reportedly facing complications in its search for a new leader as several high-profile candidates have declined the opportunity amid discussions about the necessity of the next CEO being based near its Seattle-area factories. In March, Boeing’s Chief Executive...
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General Electric Stock Is Rising: What's Driving The Action?
Thursday, March 9, 2023 - 10:20am | 268General Electric Co (NYSE: GE) shares are trading higher Thursday after the company updated guidance at its annual investor conference. What Happened: GE is holding its annual investor conference at its Customer Technical Education Center and chairman and CEO Larry Culp is moving the...
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Barron's Top Weekend Stock Picks: Google, Microsoft, Disney And Is Elon Musk Set To Become World's Richest Person Again?
Saturday, February 11, 2023 - 6:01pm | 687Benzinga reviews this weekend's top stories covered by Barron's, here are the articles investors need to read. "ChatGPT Sparked an AI Craze. Investors Need a Long-Term Plan," by Eric Savitz, looks at the Wall Street excitement over ChatGPT, and what the new AI developments...
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GE Stock Struggles To Find Direction Following Q4 Results, But CEO Larry Culp Says 'The Stage Is Set'
Tuesday, January 24, 2023 - 7:19pm | 590General Electric Company (NYSE: GE) shares traded lower on Tuesday before ultimately closing slightly higher after the company reported fourth-quarter earnings. Here's a look at the results and what chairman and CEO Lawrence "Larry" Culp said following the report. Q4...
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General Electric Reveals What Its 3 New Units Will Be Called, Ahead Of Historic Spin-Off
Tuesday, July 19, 2022 - 12:19am | 484General Electric (NYSE: GE) has unveiled the names and logos of its three divisions that would soon function as independent public firms, as the 130-year-old industrial conglomerate seeks to remold itself as an aviation-focused company. What Happened: GE said Monday its healthcare...
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Are Investors Overreacting To General Electric Earnings? This Investor Can't Wait To Buy More GE Stock
Tuesday, April 26, 2022 - 3:58pm | 422General Electric Co (NYSE: GE) shares hit a new 52-week low on Tuesday after the company reported financial results. What Happened: GE reported first-quarter revenue of $17.04 billion, which beat the $16.91 billion estimate. The company reported quarterly earnings of 24 cents per share, which...
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Why GE Shares Are Falling Today
Tuesday, April 26, 2022 - 9:01am | 236General Electric Company (NYSE: GE) shares are trading lower Tuesday after the company reported financial results and announced it's experiencing ongoing challenges stemming from the Russia-Ukraine conflict, COVID-19 impacts in China, inflationary pressures and material sourcing...
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GE Chief Larry Culp Agrees To $10M Pay Cut This Year, Keeps Job Until 2024 After Shareholder Concerns
Thursday, March 17, 2022 - 11:01pm | 357General Electric Co (NYSE: GE) said on Thursday CEO Larry Culp has agreed to lower his annual compensation by $10 million and retained his contract until 2024 in response to shareholder concerns last year. What Happened: The industrial conglomerate’s board in...
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General Electric CEO Says Challenging Environment Will Persist
Tuesday, November 30, 2021 - 3:14pm | 471General Electric Company (NYSE: GE) shares have tumbled since the company announced plans to break up the company earlier this month. Bank of America recently hosted a conference call with GE CEO Larry Culp and CFO Carolina Dybeck Happe to discuss management’s focus and the current...
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Activist Investor Nelson Peltz Says He Is Putting New Capital To Work
Friday, May 15, 2020 - 10:29am | 461Activist investor and Trian Partners CEO Nelson Peltz told CNBC on Thursday's "Halftime Report" he bought shares of unnamed companies that were "beaten down too much." Peltz's Buying Strategy The activist investor isn't disclosing what specific stocks he has been...
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GE CEO Larry Culp Strikes Back, Buys 252K More Shares
Friday, August 16, 2019 - 8:29am | 344General Electric Company (NYSE: GE) confirmed CEO Larry Culp bought nearly $2 million worth of the company's stock on Thursday and denied fraud accusations. Harry Markopolos, a financial fraud investigator and forensic accountant best known for presenting evidence Madoff was engaged in a...
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What The Option Market Is Saying About General Electric Following Fraud Allegations
Thursday, August 15, 2019 - 3:15pm | 653General Electric Co (NYSE: GE) took a 13% hit on Thursday after Bernie Madoff whistleblower Harry Markopolos bashed GE for allegedly committing insurance fraud that was "bigger than Enron and WorldCom combined." The allegations triggered an extreme amount of unusually large GE options...
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General Electric CEO Buys $3M In Stock
Tuesday, August 13, 2019 - 11:19am | 445General Electric Company (NYSE: GE) investors have confidence that CEO Larry Culp’s turnaround plan will help the company return to a path of long-term growth over the next several years. On Monday, Culp demonstrated once again that he's confident about the future of the company and...
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General Electric Says 2019 Will Be A 'Reset' Year
Thursday, March 14, 2019 - 8:25am | 406General Electric Company (NYSE: GE) management guided 2019 below the Street's estimates. What Happened GE said 2019 will be a "reset" year and the company expects to earn 50 to 60 cents per share for the full year versus the Street's expectations of 70 cents per share. Management...