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General Electric Co (GE)

GE on New York Consolidated

17.83USD
21 Nov 2017
Change (% chg)

$-0.15 (-0.83%)
Prev Close
$17.98
Open
$17.95
Day's High
$18.07
Day's Low
$17.70
Volume
77,918,915
Avg. Vol
60,169,176
52-wk High
$32.38
52-wk Low
$17.46

Latest Key Developments (Source: Significant Developments)

General Electric CEO John Flannery reports open market purchase of 60,000 shares of co's common stock on Nov 15 at $18.27 per share
Friday, 17 Nov 2017 08:32am EST 

Nov 17 (Reuters) - General Electric Co :General Electric Co CEO John L. Flannery reports open market purchase of 60,000 shares of co's common stock on November 15 at $18.27per share - SEC Filing.  Full Article

GE director Steven​ Mollenkopf buys 5,500 shares of co's common stock
Thursday, 16 Nov 2017 05:15pm EST 

Nov 16 (Reuters) - General Electric Co :General Electric director Steven​ ‍mollenkopf reports purchase of 5,500 shares of co's common stock on Nov 16 at $18.24 per share - SEC filing.  Full Article

GE Additive acquires Geonx
Thursday, 16 Nov 2017 10:47am EST 

Nov 16 (Reuters) - GE Additive::GE Additive acquires Geonx to strengthen software simulation capabilities.Says ‍terms of deal are not being disclosed.Says acquired Geonx, a privately-owned developer of simulation software​.  Full Article

General Electric names Raghu Krishnamoorthy chief human resources officer
Wednesday, 15 Nov 2017 08:30am EST 

Nov 15 (Reuters) - General Electric Co :GE - Raghu Krishnamoorthy, vice president of human resources at GE healthcare, named chief human resources officer; Susan Peters to retire from GE.  Full Article

GE CEO on CNBC says Jack Brennan will remain lead director ‍​
Tuesday, 14 Nov 2017 10:01am EST 

Nov 14 (Reuters) - :GE CEO on CNBC says Jack Brennan will remain lead director ‍​.GE CEO on CNBC says Alstom deal has been a disappointment ‍​.  Full Article

BRIEF-GE expects 25 pct reduction of corporate staff worldwide this year, largely completed - CFO (Nov. 13)
Tuesday, 14 Nov 2017 08:35am EST 

Corrects headline, bullet to say corporate staff reduction is worldwide, not at Boston headquarters, and largely completed:General Electric Co expects 25 percent reduction of corporate staff worldwide this year, largely completed - CFO Jamie Miller​.  Full Article

GE to cut 25 pct of corporate staff at Boston headquarters - CFO
Monday, 13 Nov 2017 11:22am EST 

Nov 13 (Reuters) - General Electric Co :General Electric Co plans to cut 25 percent of corporate staff at its Boston headquarters - CFO Jamie Miller‍​.  Full Article

GE says to focus on Aviation, Power, Healthcare
Monday, 13 Nov 2017 07:44am EST 

Nov 13 (Reuters) - General Electric Co ::GE says to focus on Aviation, Power, Healthcare - GE investor update.  Full Article

GE to reduce quarterly dividend in conjunction with revised capital allocation framework
Monday, 13 Nov 2017 06:30am EST 

Nov 13 (Reuters) - General Electric Co :GE plans to reduce quarterly dividend in conjunction with revised capital allocation framework.General Electric Co - determined to set company's quarterly dividend to a projected payout of $.12 per outstanding share of company's stock​.General Electric Co - new dividend ‍represents a 50 pct reduction from current quarterly dividend of $0.24​.General Electric Co - ‍change in dividend will be effective beginning with board's next dividend declaration, which is expected to occur in December​.  Full Article

General Electric CEO Flannery plans to focus on GE’s aviation, power, health-care divisions- WSJ‍​
Monday, 13 Nov 2017 12:10am EST 

Nov 13 (Reuters) - :General Electric CEO Flannery plans to unveil road map monday to focus on GE's aviation, power, health-care divisions- WSJ, citing a source ‍​.General Electric CEO CEO will look to exit most of the rest of GE's operations - WSJ, citing a source‍​.CEO says company plans to eventually shed its majority stake in Baker Hughes - WSJ.  Full Article

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Battered GE shares lure some buyers but worst may not be over

NEW YORK General Electric Co shares stabilized after a brutal slide last week sent the stock near six-year lows, but the worst may not be over.