GE Appliances plans a
$3 billion investment in US manufacturing, shifting production stateside. General Electric (Cathay Pacific’s major GE9X engine order could alter the company's bull case. GE's intrinsic value calculations are being showcased, and a
$1,050,000 lobbying disclosure has been released. GE Vernova, the spinoff from GE, is expanding, signaling promising growth whilst a $96 million expansion is underway at the Niskayuna research complex.
GE Aerospace launches as an independent public company after the GE split, despite GE's overvaluation. Following its drop from the Russell Top 200 Value Index, General Electric settles a class action for over $362 million, plans for a nearly $1B US manufacturing investment, and secures major orders from PGCIL to promote India's energy transition. The company is also exploring the sale of its Proficy software unit. GE Aerospace's profit estimates rise leading to $7 Billion Buyback plans and GE reaches a $362.5 million shareholder settlement over power unit woes. Despite massive job cuts, GE ends the year with strength from strategic, operational, and financial progress, completing its three-way split and launching GE Aerospace as an independent, public company. GE ends its storied past, launching GE Aerospace, and planning for a new era as an independent company while continuing to build onshore electrical connectors for Poland's largest offshore wind farm.
General Electric Company GE News Analytics from Wed, 11 Jul 2018 07:00:00 GMT to Wed, 13 Aug 2025 15:44:00 GMT -
Rating 5
- Innovation 6
- Information 8
- Rumor 2
