Activist investor Peltz says GE CEO Culp is doing a good job [Reuters (UK)]
GE Aerospace (GE)
Last ge aerospace earnings: 4/30 04:02 pm
Check Earnings Report
US:NYSE Investor Relations:
ge.com/investor-relations/overview
Company Research
Source: Reuters
Activist investor Peltz says GE CEO Culp is doing a good job - Reuters 2 Min Read NEW YORK (Reuters) - Lawrence Culp has held the top job at General Electric ( GE.N ) for nearly one year and on Thursday one of the industrial conglomerate’s biggest shareholders, activist investor Nelson Peltz, gave him a shout-out for being “fantastic.” “Larry Culp is a star,” said Peltz who runs $9-billion hedge fund Trian Partners, adding “he knows how to run a business. He is fantastic.” Peltz was speaking at the CNBC Institutional Investor Delivering Alpha conference in New York roughly four weeks after forensic accountant Harry Markopolos issued a report in August alleging that GE is concealing deep financial problems. Culp said Markopolos’ 175-page report contained factual errors and constituted “market manipulation - pure and simple,” because Markopolos stood to profit from short-selling tied to its release. Culp, named to the GE board in early 2018, was elevated to CEO that October when the b
Show less
Read more
Impact Snapshot
Event Time:
GE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GE alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GE alerts
High impacting GE Aerospace news events
Weekly update
A roundup of the hottest topics
GE
News
- Analysts reboot stock price target for GE Aerospace after earnings [Yahoo! Finance]Yahoo! Finance
- General Electric (NYSE: GE) had its price target raised by analysts at Citigroup Inc. from $120.43 to $186.00. They now have a "buy" rating on the stock.MarketBeat
- Evercore Inc. (NYSE:EVR) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Medical Imaging Devices Market: Today and Over the Next 10 Years (2024-2034) [Yahoo! Finance]Yahoo! Finance
- Should You Pick General Electric Stock At $165? [Forbes]Forbes
GE
Earnings
- 4/23/24 - Beat
GE
Sec Filings
- 4/23/24 - Form 10-Q
- 4/23/24 - Form 8-K
- 4/15/24 - Form 3
- GE's page on the SEC website