RPT-FOCUS-Vestas bets on geared turbines to propel it to margin goal [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
RPT-FOCUS-Vestas bets on geared turbines to propel it to margin goal | Reuters Reuters Staff 5 Min Read (Repeats story published late on Thursday) * Margin target of 9-11 pct for 2018 higher than expected * Danish firm counting on geared turbine focus - sources * Geared turbines cheaper than direct drive rivals - sources * Wind power industry facing severe cost pressures By Christoph Steitz FRANKFURT, Feb 8 (Reuters) - Vestas is betting on geared wind turbine technology to meet the ambitious profit-margin target it promised when it reported quarterly results on Wednesday. The world’s biggest turbine maker said it targeted a operating profit margin of 9-11 percent in 2018. While this represented a modest decline it was far higher than expected by analysts who forecast about 7-8 percent due to cost pressures in a wind power sector facing a drop in the government subsidies that have cradled it since the early 1990s. One of the main reasons Vestas expects to hit that goal, two sources clo
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
- Global Railway Energy Management Market 2024-2033: Analyzing the $4.42 Trillion Industry by Type, Technology, Application and Region [Yahoo! Finance]Yahoo! Finance
- Safar Partners Leads Pirouette's Investment Round with $5M+ Raised, Extending Opportunity for Public to Invest Alongside Renowned Investors like Y Combinator [Yahoo! Finance]Yahoo! Finance
- Great performers constantly rehearse. Companies that want to survive sustained change must do the same [Fortune]Fortune
- If You'd Invested $10,000 in General Electric Stock 10 Years Ago, Here's How Much You'd Have Today [Yahoo! Finance]Yahoo! Finance
- Jennifer Grey to be Honored for Her Cancer Advocacy, Along with Chief Strategy & Marketing Officer for GE Healthcare Andy DeLaO and Renowned Cancer Physician-Scientist Dr. Antoni Ribas at Tower Cancer Research Foundation's 22nd Annual Tower of Hope Gala Acquire Media Monitor
GE
Earnings
- 4/23/24 - Beat
GE
Sec Filings
- 5/3/24 - Form 4
- 5/3/24 - Form 4
- 5/3/24 - Form 4
- GE's page on the SEC website