GE Raises Full-Year Guidance After Strong Q3; Share Price Rises

GE (GE) reported third-quarter earnings that beat analysts' expectations and raised full-year guidance, sending the company's shares sharply higher in early trading.

General Electric to spin off energy business in second quarter of 2024

General Electric (NYSE:GE) intends to complete its tax-free spin-off of its energy business GE Vernova in the second quarter of 2024, subject to final approval by the company's board and satisfying...

General Electric: Bringing Good Things to Investors' Lives

General Electric NYSE: GE is the poster child for big, blue-chip conglomerates that grew too big, were forced to split, and rose like a phoenix to new life. The company is not completely out of the...

GE lifts guidance ahead of break-up next year

General Electric (NYSE:GE) raised its 2023 outlook for profit and cash flow as it prepares to complete its three-way demerger in the first half of next year.  Shares jumped 5.4% in pre-market trade...

GE's spinoff of GE Vernova to occur at start of Q2 2024, will list on the NYSE

General Electric Co. GE, +0.58% provided Tuesday details of the planned spinoff of its GE Vernova business and the launch of GE Aerospace, which is expected to occur at the beginning of the second ...

GE raises 2023 profit forecast on aviation boom

General Electric Co on Tuesday raised its full-year profit forecast on robust demand for jet engine spare parts and services and improved performance in its renewable business.

Chinese listings overseas getting complicated despite growing interest, says NYSE's Ge

Despite the negative impact from Covid-19, "we still see very strong and growing awareness and motivations for Chinese enterprises, who want to list their companies," said NYSE's Kobe Ge.

General Electric aerospace revenue expected to takeoff in 3Q

General Electric (NYSE:GE) is expected to report earnings growth driven by its Aerospace division when it hands down its third quarter financial results before the market open on Tuesday, October 2...

Portland General Electric: Underperformance Continues, Now At 10-Year Lows

I've been covering Portland General Electric for some time. My long-term RoR since I initiated my position is still negative, but I believe the time to "BUY" more has come. The company has now drop...

General Electric: Showing Signs of Promising Progress

The ongoing split up of General Electric Co. (GE, Financial) appears to be working wonders on the company's prospects as it is currently outperforming the benchmark index.

Can General Electric (GE) Q3 Earnings Beat on Aerospace Boost?

Strength in commercial aerospace and growth in LEAP engine deliveries within the Aerospace unit, and accretive acquisitions are likely to aid General Electric's (GE) third-quarter 2023 results.

General Electric (GE) Commissions Turbine Units in Nigeria

General Electric's (GE) unit, GE Vernova's Hydro Power business, commissions four turbine units at Nigeria's Zungeru plant, which upon completion will cater to about 10% of the country's electricit...

General Electric (GE) Secures Service Agreement in Senegal

General Electric's (GE) unit, GE Vernova's Gas Power business, will provide parts, repairs & field services for the two GE gas turbines for West African Energy's combined cycle power project in Sen...

General Electric (GE), EnergyHub Team-Up for Grid Optimization

General Electric's (GE) Digital business' partnership with EnergyHub is aimed at streamlining the management of DERs through the combination of GE Vernova's GridOS DERMS and EnergyHub's DERMS.

GE must face shareholder lawsuit over accounting, disclosures; judge urges settlement

General Electric failed to persuade a Manhattan federal judge to dismiss a long-running shareholder lawsuit accusing it of concealing risks at its power business, and the judge on Thursday urged bo...


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