General Electric Surges 8% Amid Sale Of Lighting Unit To Savant  

General Electric Co. (GE) said it reached an agreement to sell its unit GE Lighting to smarthome company Savant Systems Inc.

Investor James Richman Bets GE Stock Is Set to Experience Almost 100% Rally 

General Electric (GE) shares have been on the decline as of late. As a result, many investors have been understandably worried.

Why You Should Hold Your Horses With General Electric Stock

The COVID-19 vortex is sucking in heavyweights and is not done just yet. Industrial titan General Electric (GE) has found it difficult to …

GE Enters Into $15B Credit Facility, Stock Plunges Over 40% YTD

General Electric (GE) has entered into a $15 billion senior unsecured credit facility with 32 banks. This senior unsecured credit facility refinances and …

China Development Bank, General Electric Cancel Boeing 737 MAX Jet Order

China Development Bank (CDB) Financial Leasing Co announced on Monday it had agreed with Boeing Co (BA) to cancel the purchase of 29 …

General Electric Uses Biopharma Sale Proceeds to Cut Debt Pile

General Electric Co. (GE) said on Monday that it used part of the $20 billion in proceeds it generated from the sale of …

S&P Cuts General Electric’s Credit Outlook to Negative Amid Debt Concern

General Electric Co.’s (GE) credit outlook was lowered to negative from stable by rating agency S&P Global, amid concern that the engine maker …

GE Shares Tumble On Analyst Downgrade, Reversing Earlier Gains

Shares in General Electric (GE) took a 2.3% hit on Thursday following a downgrade from CFRA analyst Colin Scarola, reversing some of the week’s …

General Electric Closes $21.4 Billion Biopharma Sale to Danaher

General Electric Co. (GE) has finalized the $21.

General Electric’s Aviation to Cut 10% of Workforce as Air Travel Demand Freezes

General Electric’s (GE) aviation unit said it will cut 10% of its U.S.

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