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0.00113220974994346 0.000420535049978959 0.00278200109986094 -0.0026849545498657 -0.00854009639957295 0.000372011774981429 0.00740788664962967 0.0119367256494032
Stock impact report

Trillion-Dollar Market Leader to Emerge from Aerospace and Defense Sector Within 5 Years, According to Citi [Yahoo! Finance]

General Electric Company (GE) 
Last general electric company earnings: 4/30 04:02 pm Check Earnings Report
US:NYSE Investor Relations: ge.com/investor-relations/overview
Company Research Source: Yahoo! Finance
This decision was made as Citi launched coverage on the aerospace and defense sector and predicted that current industry megatrends would lead to a trillion-dollar market cap leader (potentially GE Aerospace) within half a decade. Earlier on December 4, Susquehanna also initiated coverage of GE Aerospace with a Positive rating and $350 price target. According to the firm, the company maintains a dominant global presence, powering 75% of all commercial flights through its proprietary engines and its CFM International joint venture with Safran. The company boasts a massive installed base of more than 45,000 commercial and 25,000 military engines, with both segments currently expanding at mid-single-digit rates. In other news, on December 10, GE Aerospace announced that it secured orders to supply eight LM2500 marine gas turbine engines to power the US Navy's newest Flight III Arleigh Burke-class guided-missile destroyers. These engines will be installed on the future USS Intrepid (D Show less Read more
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