Tag Archives: GE

$GE,General Electric Co.

[$$] A Simple GE Trade for Long-Suffering Investors

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When GE gets into a funk, so do legions of investors. As one of America’s most-widely held stocks, General Electric’s (GE) recent drop below $30 to near a 52-week low is causing pain. The strategy is called overwriting, an odd name that merely means someone owns a stock and sells calls against the position.






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Can 3M Maintain Its Dividend Yield despite the Rise in Its Price?

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With 3M declaring a quarterly dividend of $1.18, assuming that the dividend rate remains constant throughout 2017, its current dividend yield stands at 2.4%.






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Hedge fund managers are betting against these stocks

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A new report out lists the top 18 stocks that hedge fund managers on Wall Street are betting against, and it includes some heavy hitters such as Procter & Gamble, Boeing Co. and General Electric. Business Insider reports that Goldman Sachs has found which stocks have billions in short action, and many of those stocks have seen big gains in prices during the past year. On the list is Procter & Gamble (PG), which has a nearly 2 million-square-foot distribution center in Union near the Dayton international Airport that employs about 1,500 people, and General Electric (GE), which has several thousand employees in Southwest Ohio and the Dayton area at aviation factories and a research center at the University of Dayton, as well as Boeing (BA), which counts Ohio as the largest base of manufacturing suppliers.






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Did GE’S Immelt Just Waver On His $2 EPS Target for 2017?

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GEshares fell modestly, a day after its CEO spoke at an investor conference and seemed to waver a bit on the company’s $2 a share guidance for 2017 earnings.






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Will 3M Offer a Higher 2Q17 Dividend?

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On May 9, 2017, 3M (MMM) announced a dividend of $1.18 per share for 2Q17 on its outstanding common stock. The dividend will be payable on June 12, 2017.






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The Top 3 Boeing Shareholders (BA)

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Learn about the largest shareholders of stock in The Boeing Company, including individuals, institutional investors and mutual fund holders.






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General Electric: It Had to Happen

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Yesterday, General Electric (GE) CEO Jeff Immelt spoke at a conference in Florida, and did what many observers had speculated had to happen: He admitted that GE would have a tough time earning $2 a share or more in 2018. Deutsche Bank’s John Inch isn’t surprised by General Electric’s decision: The company officially walked away from its “$2.00+” EPS framework for 2018 – citing tougher markets, even though the global economy has been strengthening over the past year. Inch writes that he considers “GE overvalued given weak earnings quality and the wide gap between non-cash and cash earning,” and maintained his target price of $24 and Sell rating.






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Fly Charts: Chinese Meat Trend Edition

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From a happy hour for Jack Daniel’s to Chinese meat trends, here are four charts that tell you what you need to know in business today.






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GE’s Saudi joint venture to start gas turbine production this year

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General Electric’s joint venture to manufacture gas turbines in Saudi Arabia will start production by the end of the year, the chief executive of its state-backed Saudi partner said on Thursday. GE and Saudi industrial development company Dussur signed an agreement on Wednesday to set up the one billion riyal ($267 million) joint venture in the eastern city of Dammam. Dussur CEO Rasheed al-Shubaili said manufacturing of GE’s H-Class turbines in Saudi Arabia would start before the end of the year with the first turbine to be completed in 2018.






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GE's Saudi Joint Venture To Start Gas Turbine Production This Year

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General Electric’s joint venture to manufacture gas turbines in Saudi Arabia will start production by the end of the year.






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