General Electric Company News
General Electric Stock Gains As CEO Larry Culp Takes Over Aviation Division
"There is tremendous opportunity in aviation over the coming years, and the Board and I decided it is the right time for me to take on this expanded role," said GE CEO Larry Culp.
Kellogg Stock Surges Amid Plans to Split Iconic Cereal Maker Into Three Separate Companies
"These businesses all have significant standalone potential, and an enhanced focus will enable them to better direct their resources toward their distinct strategic priorities," said CEO Steve Cahillane.
General Electric Stock Edges Higher As CEO Larry Culp Sees Solid Demand, Repeats Supply Chain Caution
GE CEO Larry Culp said the group is seeing "plenty of demand", but noted that product delivery remains a challenge amid supply chain disruptions.
Stock Market Today - 6/1: Stocks End Lower As Inflation Worries Linger; Fed Begins Balance Sheet Sales
Stocks finished lower Wednesday as investors enter June in much the same way they exited May: worried about inflation and eyeing central bank reactions.
Stock Market Today - 5/13: Stocks End Higher As Powell Offers Soothing Words
Stocks finished higher Friday, snapping a six-day losing streak for the Dow.
Breaking News
GameStop Stock Surges On Plans For 4-For-1 Stock Split
GameStop will pay a three-share dividend to investors on July 21, with the stock trading on a split-adjusted basis the following day.
Samsung Forecasts Best Quarterly Profits In Four Years, Boosting US Chip Stocks
Chipmakers Intel and Nvidia got a boost Thursday after Samsung Electronic forecast its strongest quarterly profits in four years.
Seagen Stock Leaps On Report Of $40 Billion Takeover By Merck & Co.
Merck is reportedly eying cancer drug specialists Seagen as it looks to replace revenue from its Keytruda blockbuster, which loses patent exclusivity in 2028.
Microsoft Supports Abortion Access But Is Silent on Data Privacy
The software giant hasn't said it will protect user data in wake of Supreme Court ruling overturning Roe.