The recent events surrounding General Electric (GE) include purchasing and selling of its stocks by various major asset management, wealth management, and financial advisory firms. There are noticeable investment activities in GE stocks by entities such as Kingsview Wealth Management LLC, Byrne Asset Management LLC, amongst others. GE Vernova, a major business unit of GE, announced an exit of its law chief, indicative of major business changes. The company is also investing significantly to expand its research complex. GE reported a breakthrough Q4 performance causing a surge in its stock price.
The company disclosed plans for $96 million expansion at Niskayuna research complex. Other important news included GE's addition to the S&P Aerospace & Defense Index and affirmation of dividends. The week concluded with a successful show at the 2024 Farnborough Airshow, unveiling new innovations and grabbing engine deals. GE persisted through strategic reductions in its healthcare domain, with robust plans to divide the conglomerate into three separate entities.
General Electric Company GE News Analytics from Thu, 28 Mar 2024 07:00:00 GMT to Sat, 08 Feb 2025 12:52:19 GMT - Rating 7 - Innovation 6 - Information 8 - Rumor 2
