Edition:
United States

General Electric Co (GE)

GE on New York Consolidated

25.44USD
25 Jul 2017
Change (% chg)

$0.00 (+0.00%)
Prev Close
$25.44
Open
$25.57
Day's High
$25.73
Day's Low
$25.36
Volume
46,181,545
Avg. Vol
36,636,954
52-wk High
$32.38
52-wk Low
$25.26

Latest Key Developments (Source: Significant Developments)

GE Healthcare says Catherine Estrampes appointed president & CEO of GE Healthcare Europe‍​
Tuesday, 25 Jul 2017 08:35am EDT 

July 25 (Reuters) - General Electric Co ::GE Healthcare says Catherine Estrampes appointed president & Ceo of GE Healthcare Europe‍​.‍GE Healthcare says Catherine succeeds Jean-Michel Malbrancq​.  Full Article

General Electric sees 2017 operating EPS $1.60 - $1.70
Friday, 21 Jul 2017 06:38am EDT 

July 21 (Reuters) - General Electric Co ::General Electric Co sees 2017 operating EPS $1.60 - $1.70.FY2017 earnings per share view $1.62 -- Thomson Reuters I/B/E/S.  Full Article

General Electric reports Q2 continuing operations EPS (GAAP) of $0.15‍​
Friday, 21 Jul 2017 06:34am EDT 

July 21 (Reuters) - General Electric Co ::Quarterly continuing operations EPS (GAAP) of $0.15.Quarterly ​industrial operating + verticals EPS (non-GAAP) of $0.28.Says at quarter-end, backlog was $327 billion, up 2%.Quarterly orders $28.3 billion, up 6 percent.Quarterly total revenues and other income $29.56 billion, down 12 percent.Says on track to meet or exceed $1 billion cost reduction target for the year.Says expect cash flow to continue to improve throughout the year.Q2 earnings per share view $0.25, revenue view $29.02 billion -- Thomson Reuters I/B/E/S.Says reduced industrial structural costs (non-GAAP) year to date by $670 million ‍.  Full Article

General Electric announces agreement with PT Pembangkitan Jawa Bali
Wednesday, 19 Jul 2017 06:47am EDT 

July 19 (Reuters) - General Electric Co ::General Electric - announced agreement with PT Pembangkitan Jawa Bali to design remote engineering, monitoring, diagnostics,optimization centers.  Full Article

General Electric, Maersk Drilling extend scope of digital partnership‍​
Tuesday, 18 Jul 2017 09:17am EDT 

July 18 (Reuters) - General Electric Co ::General Electric Co - GE and Maersk Drilling have extended the scope of their digital partnership‍​.General Electric Co - during extended partnership, Maersk Drilling, GE will expand scope of 2016 pilot project to 9 subsequent vessels‍​.  Full Article

General Electric says Iraq Ministry of Oil & Baker Hughes, a GE Company sign contract for NGL plant solution for flare gas recovery‍​
Monday, 17 Jul 2017 02:49pm EDT 

July 17 (Reuters) - General Electric Co ::Iraq Ministry of Oil and Baker Hughes, a GE Company sign a contract for modular natural gas liquids plant solution for flare gas recovery‍​.Baker Hughes to develop advanced solutions for flare gas at Nassiriya, Al Gharraf oilfields, using modular gas processing technology.In project's first stage, modular gas processing solution will be deployed to generate over 100 million standard cubic feet per day of gas.Nassiriya plant will be then expanded to be a complete natural gas liquid facility to recover 200 MMSCFD of dry gas, LPG and condensate.  Full Article

Maersk drilling says extends digital partnership with GE Marine
Monday, 17 Jul 2017 07:29am EDT 

July 17 (Reuters) - MAERSK DRILLING, A UNIT OF A.P. MOLLER-MAERSK MAERSKB.CO:SAYS FOLLOWING THE POSITIVE OUTCOME OF THEIR PILOT PROJECT, GE AND MAERSK DRILLING HAVE EXTENDED THE SCOPE OF THEIR DIGITAL PARTNERSHIP.SAYS THE COLLABORATION BRINGS THE NEXT BIG STEP IN INNOVATIVE EFFICIENCY SERVICES TO THE OFFSHORE MARKET AND CONSTITUTES GREAT VALUE FOR CUSTOMERS BY ENHANCING DRILLING PRODUCTIVITY.SAYS GE'S SEASTREAM INSIGHT MARINE ASSET PERFORMANCE MANAGEMENT (APM) SOLUTION WILL BE IMPLEMENTED TO ENABLE MORE CONSISTENT AND PREDICTABLE DRILLING PERFORMANCES ON NINE SELECTED UNITS ACROSS MAERSK DRILLING'S FLEET."TOGETHER WITH A NUMBER OF RELEVANT INDUSTRY PARTNERS, WE ARE NOW EXECUTING ON OUR AMBITION TO OFFER OIL MAJORS THE WORLD'S FIRST DIGITALLY OPTIMIZED DRILLING OPERATION," SAYS JESPER HANSEN, CIO OF MAERSK DRILLING.  Full Article

GE Healthcare says Emmanuel Ligner named CEO of GE Healthcare Life Sciences
Wednesday, 12 Jul 2017 02:50pm EDT 

July 12 (Reuters) - GE Healthcare ::Emmanuel Ligner has been named president and ceo of ge healthcare life sciences, succeeding Kieran Murphy‍​.‍ligner was previously general manager of GE Healthcare’s core imaging life sciences business​.  Full Article

GE, Global Good Licensing deal with Access Bio brings asymptomatic malaria rapid diagnostic tests to market
Wednesday, 12 Jul 2017 11:00am EDT 

July 12 (Reuters) - GE:GE, global good licensing deal with Access Bio brings asymptomatic malaria rapid diagnostic tests to market.Agreement includes technology to create malaria serology tests for plasmodium antibodies which can measure population's past exposure to disease​.Agreement covers diagnostic test that identifies key proteins present in malaria, as well as PLDH RDT to detect malarial parasites.  Full Article

GE Healthcare, Oritain launching independent test-based traceability program
Monday, 10 Jul 2017 09:27am EDT 

July 10 (Reuters) - General Electric Co ::GE Healthcare - GE Healthcare, Oritain launching independent test-based traceability program to authenticate country of origin of fetal bovine serum‍​.  Full Article

Photo

GE shares fall as profit slumps, investors await new CEO's targets

General Electric Co's shares dropped sharply on Friday after it posted a 59-percent decline in second-quarter profit and put off an expected cut to 2018 earnings targets until November, when new CEO John Flannery will be four months into his job. | Video