GE Stock Recovers on CEO’s Massive Buy-In; Wall Street Slams Fraud Report
Culp backed up his claims by purchasing 252,000 shares for $7.93 each, according to an SEC filing.
Tag: General Electric
Daily Stock Market Update — Thursday, Aug. 15
The S&P 500 rose 6 points to 2,847; Dow rose 99 points to 25,579; Nasdaq fell 7 points to 7,766.
Madoff Whistleblower Says GE a ‘Bigger Fraud Than Enron,’ Shares Tank
Markopolos: "We believe the $38 Billion in fraud we’ve come across is merely the tip of the iceberg."
Daily Stock Market Update — Tuesday, April 30
The S&P 500 rose 2 points to 2,945; Dow rose 38 points to 26,592; Nasdaq fell 54 points to 8,107.
General Electric Shuffles Management Like Chairs on Titanic
The management changes come less than two months after the GE board ousted former CEO John Flannery.
GE Slashes Dividend, Takes $22 Billion Charge in 3Q
General Electric also announced it will split its power business into two separate divisions.
China Says Accusations Against Alleged Spy ‘Made out of Thin Air’
The indictment says a spy recruited a General Electric Aviation employee in order to steal company secrets.
Don’t Buy The General Electric Hype, More Losses Are On The Way
Jeff Immelt is out, H. Lawrence Culp Jr., former CEO and president of Danaher Corp., is in.
Medicare Upgrades its Website Ahead of Sign-Up Season
Drugmaker Pfizer's CEO Read to leave in January; US factories grew at slower pace in September.
GE, Seeking Path Through Its 3rd Century, Ousts CEO After 1 Year
GE's value has dipped below $100B and shares are down more than 35% this year, following a 45% decline in ...
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