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-0.000402464065708502 0 0.00123203285420949 0.00261190965092407 0.00369609856262833 0.0115071868583162 0.00821355236139627 0.00394250513347023
Stock impact report

GE is trading at its lowest level since the financial crisis [MSN Money]

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: MSN Money
© Thomson Reuters Shares of General Electric sank 2.7% Wednesday, to hit $12.01, the stock's lowest level since the financial crisis in 2009. Load Error GE's gross profit has fallen significantly from $59.19 billion in 2010 to just $11.49 billion in 2017. The stock has fallen in step. CEO John Flannery, who took over last year from Jeff Immelt, has promised to maintain a disciplined financial policy that so far has involved slashing the company's once-dependable dividend yield and selling or spinning off underperforming units like healthcare and oil and gas. Flannery has trimmed the once-sprawling conglomerate down to three main industries: aviation, which produces jet engines; power, which supplies power plant turbines; and renewable energy, which makes wind turbines. Together, these three units generate about $71 billion in annual revenue, the Boston Globe reported. We are aggressively driving forward as an aviation, power and renewable ener Show less Read more
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