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Siemens AG ADR News

General Electric Is Losing Market Share in Gas Turbines, Says JPMorgan's Tusa

The analyst says there are concerns 'around communications from a company that continues to get material benefit of the doubt around credibility, though appears to us to be stopping short of telling the whole story.'

Wall Street Futures Surge After Boeing Blast, Apple Beat Revive Earnings Bulls

U.S. equity futures surged higher Wednesday as two heavy-weight Dow components, Boeing and Apple, topped quarterly earnings forecasts, sending waves of relief through world markets rattled by persistent concerns from U.S. companies over slowing growth in China.

Three Things to Watch in General Electric's Third-Quarter Results

Boston-based GE is expected to report adjusted earnings of 20 cents a share on revenue of $29.6 billion, according to FactSet.

General Electric Rises on Reported Iraq Power-Generation Deal

GE beats out rival Siemens for a contract to supply 11 gigawatts of power-generation equipment to Iraq, a deal worth about $15 billion, says a report in the Financial Times.

General Electric Power Unit Faces 'Prisoner's Dilemma' as Prospects Dim

J.P. Morgan analyst Stephen Tusa see growing evidence that GE's Power problems are structural.

Breaking News

Tesla Stock Slips Lower After Q2 Delivery Slump, Planned Factory Closures

Tesla said it had a record rate of production in June, but supply chain disruption and the closure of its Shanghai gigafactory triggered a slump in Q2 deliveries.

Exxon Stock Slumps As Oil Slide Offsets Bets For Record Q2 Profits

"High energy prices are largely a result of underinvestment by many in the energy industry over the last several years and especially during the pandemic," Exxon said.

Ford Makes a Major Change

The legacy automaker has just made a decision that will affect consumers buying its electric vehicles via a lease.

Big Star Gives Caesar's Huge Las Vegas Strip News

A popular entertainer is ready to reschedule a series of performances that were cancelled at the Colosseum at Caesars Palace on the Las Vegas Strip.