GE: Not Bringing Good Things to Investors

GE Hits New Low

General Electric Co.’s shares continued their long slide Monday even as new Chief Executive Larry Culp tried to put the market at ease about the direction of the conglomerate and its troubled power division. The stock fell as much as 10% Monday before recovering some of its loss to end at $7.99...

By | November, 15, 2018|Categories: Articles, Featured|Tags: , , , , , , , |0 Comments

SNAPPED: Snap Inc Reports User Decline

User Trouble

Snap Inc. reported its first quarterly decline in daily users, sending its stock price gyrating Tuesday and adding to investor concern that big social-media sites are entering a slump after Facebook Inc. and Twitter Inc. also posted slowing growth...

By | August, 8, 2018|Categories: Articles, Featured|Tags: , , , , , , , , , |0 Comments

G.E. Brings Good Things to Life

New Version of G.E.

General Electric Co. unveiled plans Tuesday to shed two big business units, the culmination of a drastic effort to revitalize what once was one of the U.S.’s largest and most-valuable companies. Chief Executive John Flannery, whose first year on the job saw a sharp decline in GE’s stock price, said the company would spin off its health-care division and sell its ownership stake in oil-services company Baker Hughes...