General Electric was once a massive conglomerate. After getting into material financial trouble during the Great Recession, it has effectively broken itself into its constituent parts. The company ...
General Electric, long a symbol of American manufacturing and steeped in a rich history, is officially moving on from its existence as a sprawling conglomerate. The Boston company, known for ...
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GE Vernova is 'top pick' for 2026: 'Best positioned in all things power' in AI age
GE Vernova soared nearly 16% on Wednesday and was named a "top pick" for 2026 on Thursday.
BOSTON--(BUSINESS WIRE)--GE (NYSE:GE) today announced that it plans to spin off GE Vernova and launch GE Aerospace in the beginning of the second quarter of 2024, subject to final approval from the GE ...
As the dust settles on the breakup of the industrial conglomerate known as General Electric, markets are still trying to figure out how to price the different parts of the business. Shares of GE ...
In the 2000s, GE’s expansion was spurred by GE Capital’s success, the company’s financial arm, along with the company’s diversification strategy. However, GE Capital suffered losses and got bailed out ...
The last big hurrah for General Electric came under the guidance of Jack Welch, a CEO who was held in very high esteem on Wall Street and throughout the business community. But after his departure the ...
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