|Bid||13.690 x 45100|
|Ask||13.700 x 27000|
|Day's Range||13.650 - 13.890|
|52 Week Range||12.610 - 27.050|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 20, 2018|
|Forward Dividend & Yield||0.48 (3.57%)|
|1y Target Est||17.21|
GE Capital wasn’t central to the plans unveiled last month to restructure the company around its power and aviation businesses. Then the financial crisis hit, and GE Capital nearly sank the entire company. sold most of the assets late in his career, but some of the less-desired pieces continue to be a drag, including a $15 billion commitment to an insurance business that caught even board members and senior executives by surprise.
As a part of Microsoft’s (MSFT) ongoing digital transformation project, Microsoft and General Electric (GE) extended their partnership on July 16 to boost IoT (Internet of Things) features for customers. Microsoft will integrate its cloud features, which include Azure IoT, data, and analytics technology to GE’s Predix portfolio.
Nasdaq futures were under pressure this morning after Netflix subscriber numbers missed forecasts and Amazon suffered through website outages during its annual Prime Day. Netflix (NFLX) stock was 10 percent lower premarket after its membership growth numbers came in below analyst forecasts . Amazon.com (AMZN) suffered through website glitches Monday as its annual Prime Day got underway.
End-market demand has remained pretty healthy for industrial firms, but you wouldn't know it by the performance of the Industrial Select Sector SPDR ETF (XLI), which has fallen nearly 3% year to date, trailing the S&P 500's 4.8% gain. So what's the problem? Well, tariffs of course are front and center, as plenty of industrials appear squarely in the crosshairs of a trade war, despite analysts' attempts to soothe investors' nerves. William Blair's Nicholas Heymann adds his voice to that chorus.
The company's earnings probably declined significantly last quarter, but here's how investors can check up on the conglomerate's turnaround progress.
GE unveiled plans to restructure the organization of its businesses and cut corporate costs, with a leading industry figure on hand to help.
The "Options Action" traders share two options trading strategies to kick off the week. Carter Worth And Mike Khouw think Netflix NFLX is heading lower. Mike Khouw and Guy Adami recommend a put option in General Electric GE .
Expanded partnership will help industrial companies capture greater intelligence from IoT and asset data, boosts GE innovation across its business
The overhaul at U.S. industrial giant General Electric Co is not a constraint for its aviation arm, "in fact I feel it's the very opposite," the head of GE Aviation said on Monday. Following a year-long strategic review, GE said last month it would spin off its healthcare business and divest its stake in oil-services firm Baker Hughes , effectively breaking up the 126-year-old conglomerate. "The changes in GE unlock if anything more capability out of GE Aviation.
The overhaul at U.S. industrial giant General Electric Co (NYSE:GE - News) is not a constraint for its aviation arm, "in fact I feel it's the very opposite," the head of GE Aviation said on Monday. Following a year-long strategic review, GE said last month it would spin off its healthcare business and divest its stake in oil-services firm Baker Hughes (NYSE:BHGE - News), effectively breaking up the 126-year-old conglomerate. "The changes in GE unlock if anything more capability out of GE Aviation.
President Donald Trump meets Russian President Vladimir Putin in Helsinki on Monday, and that is likely the main event in the coming week. But earnings reports from dozens of companies may have the most market impact.
Oil prices rose about 1 percent on Friday as strike actions in Norway and Iraq hit supplies, but futures were set for a second straight week of decline after Libyan ports reopened and on the view that Iran might still export some crude despite U.S. sanctions. The market pared gains late in the session on a Bloomberg report that the Trump administration is actively considering tapping in to the country's Strategic Petroleum Reserve, which would add supply to the market. "People have been talking about that as a rumor," said Robert Yawger, director of energy futures at Mizuho in New York.
Executives from India met in Washington at the Annual Leadership Summit of the U.S.-India Strategic and Partnership Forum. Many expressed their concern about an ongoing trade dispute.
Offering discounts on prescriptions would seem like a natural option, but a number of health-care professionals think Amazon could also make a big impact when it comes to health-care services.
Why Did Caterpillar Increase Its Dividend? As of July 11, Caterpillar’s (CAT) dividend yield was 2.4%—the highest in the past three quarters. To calculate the current dividend yield, we have factored in that Caterpillar would be paying the new dividend rate for the remaining quarters in fiscal 2018. In comparison, Boeing (BA), Honeywell (HON), and General Electric (GE) have dividend yields of 2%, 2.06%, and 3.4%, respectively.
Why Did Caterpillar Increase Its Dividend? For the fiscal third quarter, Caterpillar (CAT) declared a regular cash dividend for its common equity shareholders. To be eligible for this dividend, investors should hold Caterpillar shares at the end of July 20 in the company’s record book.
The Industrial Select Sector SPDR ETF (XLI) has underperformed the market year to date, not surprisingly, given that so many of the sector's components appear squarely in the crosshairs of a trade war. DeBlase also upgraded General Electric (GE) to Hold from Sell, citing recent asset divestitures.
3M is one of six companies in the ranking that scored in the top 15% to 20% in all five categories of management effectiveness. The company, No. 8 overall in the ranking, is well known for consumer products such as Post-it Notes and masking tape but makes a wide range of business products as well, including industrial adhesives, electronics and energy products. In addition to innovation, the Management Top 250 evaluates companies’ management on consumer satisfaction, social responsibility, financial strength and employee engagement and development.