Red Lobster Considers Bankruptcy to Deal With Leases and Labor Cos General Electric spinoff of its power and wind business—named GE Vernova —comes at an opportune time when investors are ...
Adjusted revenues rose 11% from last year to 16.1 billion, GE said, also topping analysts' estimate of a $15.35 billion tally. GE Aerospace, which now operates as a stand-alone business and ...
Tuesday's report will be GE Aerospace's first since GE completed its split into three companies Aaron McDade is a breaking news reporter for Investopedia. He is an experienced journalist who has ...
TIMOTHY A. CLARY / AFP via Getty Images GE Vernova stock jumped Monday following its first upgrade, from JPMorgan analysts who now call the stock "overweight," indicating confidence in future ...
On May 29, 1453, Constantinople, the capital of the Byzantine Empire, fell to the Ottoman Empire after a 53-day siege, an event that historians say marked the end of the Middle Ages. Now you may ...
Operating profit this year will reach $6.2 billion to $6.6 billion, GE said in a statement on Tuesday, raising its guidance from as much as $6.5 billion. The company also provided an outlook for ...
For a flavor of how this works in practice, engines can run for more than 40 years. GE's management estimates that new engine development and sale only account for 25% of the life cycle revenue on ...
A little more than a year after acquiring the artificial intelligence developer Caption Health, GE HealthCare has brought its cardiac ultrasound coaching programs to its hand-held scanner.
For example, GE Aerospace estimates that 75% of an engine's lifecycle revenue comes from the three shop visits, typically in the decades after the sale. Each engine is expected to have at least 20 ...
Aziz Koleilat, GE Aerospace's vice president of sales and marketing and general manager, enters the BBC's Executive Lounge to talk about how international perspectives drive innovation.
COLORADO SPRINGS—Buoyed by double-digit first-quarter revenues and a busy orderbook across its commercial and defense sectors, the newly stand-alone GE Aerospace reported an operating profit of ...
The combination of a positive earnings surprise and technical support have shares of GE Aerospace (GE) breaking above $160 into new all-time high territory. This morning, the newly formed company ...