UPDATE 2-GE hires bankers to mull sale of digital assets -WSJ [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
GE hires bankers to mull sale of digital assets: WSJ | Reuters Reuters Staff 3 Min Read (Reuters) - General Electric Co ( GE.N ) has hired an investment bank to organize an auction for its digital assets, the Wall Street Journal reported on Monday citing people familiar with the matter. GE’s multibillion-dollar digital business, which includes its Predix software system and applications, has been struggling with technical issues and weakening sales. GE has been seeking partners to invest in GE Digital as it narrowed the target markets for the division and abandoned plans to build a cloud platform, instead partnering with Amazon.com Inc ( AMZN.O ) and Microsoft Corp ( MSFT.O ) clouds. Faced with cash constraints and falling profits at its large power business, GE chose to reduce investment in the digital unit and focus on partnerships. The Wall Street Journal report did not reveal the exact assets for sale or the potential deal value.GE declined to comment. Former GE Chief Execut
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
- Here's Why Vulcan Value Partners Exited General Electric Company (GE) [Yahoo! Finance]Yahoo! Finance
- In data: digital twin patents exceeded 1,600 publications in 2023 [Yahoo! Finance]Yahoo! Finance
- Ozzy Osbourne's son Jack says rock star's 'blue-collar' work ethic led to smashing success [FOX News]FOX News
- Global Baby Warming Devices Analysis Report 2024: Market Projected to Reach $2.9 Billion by 2032, Driven by Medical Advancements, Rising Awareness, and Government Initiatives [Yahoo! Finance]Yahoo! Finance
- Digital X-ray Market Worth $6.6 billion | MarketsandMarkets™ [Yahoo! Finance]Yahoo! Finance
GE
Earnings
- 4/23/24 - Beat
GE
Sec Filings
- 5/10/24 - Form 8-K
- 5/8/24 - Form 4
- 5/8/24 - Form 4
- GE's page on the SEC website