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GE


Shares of General Electric Co. slumped Wednesday, after the industrial conglomerate confirmed a $30 billion deal with AerCap Holdings NV, while also surprisingly proposing a 1-for-8 reverse stock split. GE, which hosted an analyst meeting early Wednesday, also provided 2021 financial guidance, in which the range for adjusted earnings was a bit downbeat, but the …

Street signs for the recently renamed Black Lives Matter Plaza in Washington, DC, near the White … [+] House. Getty Images The Black Lives Matter (BLM) movement has gained momentum and an increased cognizance in our collective consciousness due to recent events, most notably the death of George Floyd on May 25 in Minneapolis. That …

Industrial conglomerate General Electric hosted an investor “teach-in” in Chicago at a medical conference on Monday. The company reviewed its health-care franchise in a “post-biopharma” world. GE is selling its biopharma business to Danaher for $21 billion. Now investors have to evaluate the growth and margin potential of what is left. “GE Healthcare is a …

General Electric Co. aims to excite investors about its health-care division, a business that was tagged to be cast off but is now central to the company’s turnaround efforts. GE Healthcare, which is based in Chicago and employs more than 50,000 people, makes magnetic resonance imaging machines and other hospital equipment. At the depths of …

When Larry Culp gathered top General Electric Co. officers for a summit north of New York City last month, the chief executive had a message for them. He wasn’t going to dismantle their company. Now it had a new CEO, an outsider known for running his previous company as a collection of independent businesses orbiting …

An accounting expert who raised red flags about Bernie Madoff ’s Ponzi scheme has a new target: General Electric Co. GE -7.64% In a research report posted online Thursday, Harry Markopolos alleges the struggling conglomerate has masked the depths of its problems, resulting in inaccurate and fraudulent financial filings with regulators. The report, which numbers …