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.
Micron Stock Tumbles On Grim Chip Sector Outlook After Q3 Earnings Beat
"We saw a significant reduction in near-term industry bit demand, primarily attributable to end demand weakness in consumer markets," said CEO Sanjay Mehrotra.
Tesla Q2 Deliveries In Focus Following Record Quarterly Stock Slump, China Shutdowns
Tesla will publish Q2 deliveries over the coming days following the biggest three-month decline on record for shares of the world's most-valuable carmaker.
Kohl's Stock Plunges As Retailer Scraps Franchise Group Sale Talks
"Given the environment and market volatility, the Board determined that it simply was not prudent to continue pursuing a deal," said chairman Peter Boneparth.
General Motors Stock Halted, Edge Higher After Detailing Q2 Chip Shortage Hit To Inventory
GM said chip shortages and supply chain snarls left nearly 100,000 vehicles unfinished over the second quarter.