Tag: GE Stock
GE will receive $2.7 billion in net proceeds from reducing its stake in Baker Hughes. GE announced tender offers for its dollar- and euro-denominated bonds.
Yesterday, Baker Hughes, a GE company, announced that GE and its subsidiaries were planning to sell up to 121 million class A shares in Baker Hughes.
In another setback, Boeing's (BA) long-haul and wide-body 777X variant failed a stress test. The test was part of the FAA's certification process.
On Wednesday, General Electric (GE) stock rose 5.6% after a top Wall Street analyst made some positive remarks about its turnaround efforts.
After it announced the sale of its PK AirFinance business on August 29, General Electric (GE) was the subject of more good news for investors.
Madoff whistleblower Harry Markopolos has GE in his sights, and he’s armed with 175 pages and a website dedicated solely to his newfound cause.
Stanley Druckenmiller, a hedge fund manager and billionaire investor, told CNBC that he bought General Electric shares after the stock fell on Thursday.
GE stock has fallen on Thursday. Harry Markopolos, the whistleblower, stated that the company's financial filings masked the extent of its problems.