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GE / 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 in New York as the conglomerate said revenue in the three months to September 30 soared 20% to $17.35 billion from $14.47 billion the year before. Read More

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Posted: Oct 24 2023, 07:16

Author Name: Proactive Investors

GE News

By Barrons
November 1, 2023

GE's Pension Invested $100 Million in a New ETF

General Electric's pension disclosed a stake in the Simplify Market Neutral Equity Long/Short exchange-traded fund in the third quarter.

By Forbes
October 30, 2023

Should You Pick General Electric Stock At $110 After A Solid Q3?

General Electric reported revenue of $17.3 billion, reflecting 20% growth from the prior year period and above our estimate of $15.8 billion.

By Barrons
October 26, 2023

Siemens Energy Plummets on Wind Power Worries. What It Means for GE.

Siemens Energy's wind business lost more than $2.5 billion in its June quarter.

By Barrons
October 26, 2023

GE and Others are Losing Billions on Offshore Wind. A Path Forward Emerges.

New York state unveils a promising new deal for wind energy.

By Forbes
October 25, 2023

GE Reports Stellar Earnings Ahead Of Breaking Into Two Companies

GE's share price rose 5.3% at the earnings beat

By Barrons
October 25, 2023

GE, RTX, GM Earnings Show That This Economy Is Wild

For investors, it's a time to stick to the basics: Buy quality companies and don't pay too much.

By Yahoo Finance
October 24, 2023

Earnings breakdown: GE, 3M, RTX, Verizon

General Electric (GE) and 3M (MMM) shares jump after both companies topped their respective earnings expectations and raised guidance. Aerospace devel

By Market Watch
October 24, 2023

GE's earnings included an array of nonstandard — and confusing — numbers

But that's no excuse for General Electric Co.'s GE, +7.37% third-quarter earnings release early Tuesday to include quite so many nonstandard, non-GAAP

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