Industrials
Industrials Articles
Emerson Electric formally ended its months-long pursuit of Rockwell Automation Tuesday morning, and investors welcomed the promise of a $1 billion share buyback by boosting Emerson's share price.
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Venator Materials shares remained relatively flat after the firm announced that it would be launching a secondary offering. The company is offering 18.0 million shares with an overallotment option...
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Two GE board members joined CEO John Flannery in adding to their positions in the company's stock. The jolt helped keep the share price dip to a minimum.
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Deere & Co. beat analysts expectations on quarterly and yearly sales and earnings. Guidance for 2018 is also strong and the shares are rising above a new 52-week high posted yesterday.
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GE shares sank again last week following the announcement of a 50% dividend cut and additional details about a strategic plan to sell some $20 billion in assets.
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Moody's Investors Services has cut its rating on GE senior unsecured debt by one notch to A2 based on the struggling industrial giant's many challenges.
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It seems that GE's recently appointed CEO, John Flannery, is taking an increased stake in the company in hopes that it will turn around. But is it too late?
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General Electric is continuing its fall from grace after earlier this week announcing that it would be cutting its dividend and making some changes to its business model.
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GE was a big loser on Monday after it announced that it would be scaling back its dividend and making some changes to its business model.
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Here are four businesses GE will be looking to hive off in the next couple of years.
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The reduction in GE's dividend had likely been priced into the stock before this morning's announcement. The market is still reacting to what else CEO John Flannery had to say.
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GE announced a 50% cut to its dividend early Monday morning, ahead of a presentation by CEO John Flannery that is expected to set a new direction for the 125 year-old firm.
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Shares of GE regained a little ground last week, but it remains mired in its place as the worst performing stock on the DJIA index. Can CEO John Flannery's Monday presentation begin a turnaround?
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At next Monday's investor day, GE CEO John Flannery will present his vision and strategy going forward. It's not too much to say that a lot is riding on what he says.
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Short interest in GE dropped by about 20% in the month of October. On Monday CEO John Flannery is set to reveal his strategy for the company, an event that could see a cut to the company's dividend...
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