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The Latest Breaking News from GE

The Man Who Broke Capitalism — did Jack Welch destroy corporate America?

In his sharp, provocative book, David Gelles argues that the GE boss’s brutal efficiency drive led to long-term decline

Financial Times

Pratt & Whitney and Lockheed Martin defend costly and troubled F-35 fighter jet and its engine

The chief financial officers of Raytheon Technologies Corp. and Lockheed Martin Corp. on Wednesday defended the F-35 fighter jet and its engine following another critical government report that said it too often fails to meet targets for mission capable rates.

Tribune News Service

10 Industrials Stocks With Whale Alerts In Today's Session

This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.

Benzinga

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Short-term profits and long-term consequences — did Jack Welch break capitalism?

The General Electric CEO wowed investors and mingled with celebrities. But New York Times correspondent David Gelles says Welch's aggressive tactics also caused irreparable harm to American industry.

WEKU

Fortune 500 List Includes Cryptocurrency Company For The First Time; 30 Return After Missing 2021

Fortune released its annual Fortune 500 list, ranking the largest companies in America by revenue. The list included a cryptocurrency company for the first time and saw several newcomers from the previous year.

Benzinga

Anger as government plans to sell gene-edited ‘Frankenfood’ food unlabelled

Charities say the bill pushes aside the ‘real issues’ facing the UK in favour of promoting ‘unpopular technologies’

The Independent UK

General Electric Shares Have Plunged; Is it Time to Buy?

General Electric's (GE) stock plunged nearly 12% in price after the company released its first-quarter earnings report. The company provided a weak outlook for the coming quarters, raising investors' concerns about its prospects. However, given rebounding aviation demand, is it worth betting on the stock now? Read on to learn…

StockNews.com

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4 Large-Cap Value Stocks With 40%-71% Upside, According to Wall Street

In the face of various macroeconomic and geopolitical headwinds, the stock market is expected to remain volatile in the coming months. Large-cap value stocks have been gaining significant investor attention due to their tendency to outperform large-cap growth stocks. Thus, Wall Street analysts expect fundamentally sound large-cap value stocks Ford…

StockNews.com

In Ohio, Biden pushes bipartisan bill as way to curb inflation - Roll Call

Biden travels to hot spot in fall campaign, but keeps remarks bipartisan as he urges Congress to pass competitiveness package.

Roll Call

General Electric Whale Trades For May 03

Someone with a lot of money to spend has taken a bearish stance on General Electric (NYSE:GE). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

Executives Buy More Than $90M Of 4 Stocks

Although crude oil futures traded lower on Tuesday, there were a few notable insider trades.

Benzinga

Benzinga Bulls And Bears Of The Week: Apple, General Electric, Netflix, Nvidia And This Plunging Cathie Wood Favorite

Benzinga has examined the prospects for many investor favorite stocks over the past week, while offering a 24/7 news feed, live chat and charting software on Benzinga Pro.

Benzinga

Factbox-China's zero-COVID policy in numbers

China is facing the biggest test yet of its draconian approach to COVID-19, with a lockdown for most people in Shanghai for more than a month crippling the commercial capital and Beijing scrambling to contain an outbreak and avert a similar crisis.

Reuters

Where Michael Jackson's chimp Bubbles is now - tried to kill himself and abused

Medics managed to save Bubbles the chimp after he was reportedly rushed to hospital in 2003 after Jackson was charged with child-molestation - but now he leads a much calmer life

Irish Mirror

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Benzinga

General Electric Earnings Perspective: Return On Capital Employed

According to data from Benzinga Pro, during Q1, General Electric's (NYSE:GE) reported sales totaled $17.04 billion. Despite a 73.58% increase in earnings, the company posted a loss of $1.01 billion.

Benzinga

China Lockdowns Pose Earnings Risk For Major Industrial Stocks and Autos like Tesla

Industrial firms warned against China's strict COVID-19 curbs, intensifying supply chain disruptions and rising uncertainty about the business outlook, Reuters reports. Even as companies shuffled to keep up with soaring costs of everything from labor to raw materials, the Russian invasion of Ukraine and related Western sanctions drove up energy prices.…

Benzinga

71 Biggest Movers From Yesterday

Gainers

Investors Business Daily

Boeing Stock Sinks To New Low On Worsening Losses, Delays To Newest Passenger Jet

The first-quarter Boeing earnings report was much weaker than expected, with jet delays continuing. Boeing stock sank.

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news in one place.

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Benzinga

Are Investors Overreacting To General Electric Earnings? This Investor Can't Wait To Buy More GE Stock

General Electric Co (NYSE: GE) shares hit a new 52-week low on Tuesday after the company reported financial results.

Investors Business Daily

Stock Market Tumbles On Poor Earnings And Economic News; Is Tesla's New Base Flawed?

The stock market fell sharply as poor earnings reports and economic news pointed to a struggling consumer base.

Benzinga

General Electric Q1 Print Shows Strong Orders, But One Issue Continues

General Electric Company (NYSE: GE) reported its first quarter adjusted earnings above Street estimates. Although orders were strong, the company’s print was impacted by supply chain issues much more than anticipated, according to BofA Securities.

Benzinga

GE Stock Slides After Q1 Earnings, Warns On Inflation Pressure

General Electric Co (NYSE:GE) reported first-quarter FY22 adjusted revenue of $16.3 billion flat year-over-year and organic revenues of $16.43 billion, up 1% Y/Y. Total GAAP revenues were flat at $17.04 billion. Total orders increased by 11% Y/Y to $18.9 billion and +13% on an organic basis. Adjusted EPS was $0.24, an increase of…

Benzinga

Why GE Shares Are Falling Today

General Electric Company (NYSE: GE) shares are trading lower Tuesday after the company reported financial results and announced it's experiencing ongoing challenges stemming from the Russia-Ukraine conflict, COVID-19 impacts in China, inflationary pressures and material sourcing delays.

Benzinga

Recap: General Electric Q1 Earnings

General Electric (NYSE:GE) reported its Q1 earnings results on Tuesday, April 26, 2022 at 06:30 AM. Here's what investors need to know about the announcement.

Investors Business Daily

GE Stock Dives As General Electric Gives Tepid 2022 Outlook, Citing Ukraine, China

General Electric's Q1 earnings per share beat views, but cash burn was higher than expected. The industrial giant cited Ukraine and China headwinds.

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