GE cuts dividend for second time since Great Depression
GE cuts dividend for second time since Great Depression
General Electric plans to slice quarterly dividend in half
15 November, 2017, 01:25
Other institutional investors and hedge funds have also modified their holdings of the company. Peak Financial Management Inc. raised its position in General Electric by 0.3% in the 2nd quarter. The Private Trust Co holds 233,669 shares with $6.31M value, up from 218,379 last quarter. Hollencrest Securities LLC increased its position in General Electric by 5.5% in the third quarter. Puplava Financial Services Inc. raised its position in General Electric by 0.4% in the 2nd quarter. Among active positions in the latest quarter, 830 holders increased their positions by a total of 221.13 million shares, 1,180 holders decreased the positions by a total of 233.24 million shares, and 157 holders held their positions. Eagle Ridge Investment Management lifted its holdings in General Electric by 18.1% during the second quarter. The Texas-based Rench Wealth Management Inc. has invested 3.2% in the stock. PHH Investments Ltd. boosted its position in General Electric by 105.0% during the 1st quarter. More interesting news about General Electric Company (NYSE:GE) were released by: Seekingalpha.com and their article: "General Electric's (GE) CEO John Flannery Hosts Investor Update Conference ..." published on November 14, 2017 as well as Nasdaq.com's news article titled: "What's Wrong With General Electric Company's Core Business?" with publication date: November 12, 2017.
The analyst said his earnings estimates and price target for General Electric are under review. JP Morgan maintained General Electric Company (NYSE:GE) rating on Wednesday, November 1. The stock of General Electric Company (NYSE:GE) earned "Hold" rating by BMO Capital Markets on Thursday, March 23. The stock has a consensus rating of "Hold" and a consensus target price of $25.25. Six investment analysts have rated the stock with a sell rating, seven have given a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. The stock's average target of $52 is -33.63% below today's ($78.35) share price. Finally, Argus dropped their price objective on shares of General Electric from $30.00 to $27.00 and set a "buy" rating for the company in a report on Monday, September 18th. The company has a current ratio of 1.86, a quick ratio of 1.53 and a debt-to-equity ratio of 1.14. The stock has a market capitalization of $164,940.00, a price-to-earnings ratio of 16.53, a price-to-earnings-growth ratio of 2.15 and a beta of 1.11. Trustco Bank Corp N Y who had been investing in General Electric Co for a number of months, seems to be bullish on the $153.76B market cap company.
General Electric (NYSE:GE) last released its quarterly earnings results on Friday, October 21st. General Electric's revenue for the quarter was up 11.5% compared to the same quarter previous year. Blackrock Inc invested in 1.50 million shares or 0% of the stock.
First hijab-wearing Barbie doll presented in USA
This series of dolls pushing for the recognition of women who violate the boundaries and inspiring the next generation of girls. Muhammad said she hoped the doll would inspire girls to embrace what makes them unique.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 25th.
In trading Monday, GE shares fell 8% to $18.87, the lowest level in five and a half years. The ex-dividend date was Friday, September 15th. This represents a $0.96 annualized dividend and a dividend yield of 5.05%. General Electric's dividend payout ratio (DPR) is now 120.00%. If you are accessing this report on another site, it was illegally stolen and reposted in violation of United States and global copyright and trademark legislation. Granite Investment Partners LLC's holdings in General Electric were worth $3,839,000 as of its most recent SEC filing. Morgan Stanley accumulated 282,170 shares or 0% of the stock. American International Group Inc now holds 60,008 shares valued at $2,739,000.
Rouhani landed by helicopter in the city of Kermanshah and promised the government would move swiftly to help those left homeless. Hospitals in nearby provinces took in numerous injured, state television said, airing footage of survivors waiting to be treated.
With the track's launch start on Digital Song Sales , Swift extends her record for the most No. 1s in the chart's history to 15. Fans can participate in a pre-sale via Taylor Swift Tix powered by Ticketmaster Verified Fan .
High blood pressure sometimes is called the silent killer because it contributes to cardiovascular disease with no symptoms. The changes were announced at the American Heart Association's 2017 Scientific Sessions conference in Anaheim, California.
Upgrade to a new Windows 10 PC with savings of up to $300 off: Save up to $300 this holiday when you purchase a new Windows 10 PC. That's a very good deal as you'll get a free month of subscription to Xbox Game Pass and a free game of your choice as well.
The result paves the way for lawmakers across the ditch to join New Zealand and 23 other nations in legalising same-sex marriage. When interviewed, Paterson said his bill would give people the right to "conscientiously object and not participate".
However, Apple also revealed that its smartphone lineup will support up to 7.5-watts of fast wireless charging too. The Qi 1.2 standard is capable of up to 15W so iOS is only tapping 50 percent of the potential of the technology.
Terms of the possible deal were not disclosed, according to The Wall Street Journal , which first reported the news. Potato Head would be under the same roof as Barbie", writes Chris Woodyard for USA Today .
Mr Thompson said Bombardier's CSeries aircraft programme now accounts for 1,000 jobs in the North and every order is welcome. We're thrilled that EgyptAir selected the CS300 aircraft to renew its fleet.
Gian Piero Ventura will surely need to make some modifications to his lineup after such a poor performance in Stockholm. Prior to that, they had only missed the first edition of the event in 1930 in Uruguay, which they did not enter.
Right now, two companies - SpaceX and Orbital ATK - hold contracts with NASA to periodically resupply the station through 2018. A fully working version of the Dream Chaser could start making deliveries as soon as 2020, if all goes according to schedule.
Nintendo making Mario movie with U.S. studio
It's no surprise that Nintendo is pushing for this because the live-action Mario film that was released in 1993 flopped badly. Regarding the Mario movie, as of press time, there is no indication that John Leguizamo will be reprising his role as Luigi.
Military outside Harare after army chief's threat
But the 75-year-old former vice-president has powerful military connections, having served as defence and state security minister. Grace Mugabe, 52, has developed a strong following in the powerful youth wing of the ruling Zanu PF party.
Chevrolet's hardcore Corvette ZR1 unveiled
Few were assembled through 1972, because in order to get the ZR1 goody bag, Corvette buyers needed to pass on creature comforts. Both wings are tied to the ZR1 chassis, much like the C7.R race vehicle , to ensure maximum stability.
Qualcomm smacks down Broadcom takeover bid
Tom Horton, Presiding Director for Qualcomm also believes that the management is focused on increasing value for shareholders. Broadcom did not immediately return a request for comment.
Roy Moore New Accuser Hires Gloria Allred
Moore did to me to my grave, had it not been for the courage of four other women", she said. Moore has denied the allegations but has not yet commented on Nelson's specifically.
USA hate crimes rise for second straight year
San Francisco reported 28 hate crimes in 2015 to 37 hate crimes in 2016 and San Jose reported six to 19 in the same time period. The agency collects its data from participating law enforcement officials through the Uniform Crime Reporting Program.