GE Comments on Investment by Trian
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/8/2026
- S&P closes at record high as soft jobs report eases rate-hike concerns
- US suffers unexpected job losses in July, markets dial back rate hike expectations
- Brent climbs $1 on uncertainty over end to Iran war
- Atlassian results seen as 'game changer' for AI kills software worries
- The Trade Desk hit by Wall St downgrades after disappointing Q2 results, outlook
- Citi cuts Micron stock target, sees memory chip prices peaking in 2Q27
- S&P closes at record high as soft jobs report eases rate-hike concerns
- Atlassian results seen as 'game changer' for AI kills software worries
- US suffers unexpected job losses in July, markets dial back rate hike expectations
- Microsoft only US hyperscaler with positive free cash flow as AI capex bites
- After-Hours Movers: TEAM, NET, TWLO, DOCS, FROG, DV, TTD, ABNB, DKNG, SG, RKT
- After-Hours Stock Movers: WDC, SNDK, FIG, APP, HUBS, SOUN, DASH, XYZ, Z, FLNC
- After-Hours Movers: SPCX, AMD, ANET, PINS, APPS, UPST, ZETA, BKNG, LCID, CPNG, MTCH
- After-Hours Stock Movers: PLTR, SNAP, ON, ICHR, WGS, WHR
- After-Hours Stock Movers: AAPL, AMZN, COIN, RBLX, RDDT, AXTI, FND, WU, GDDY
General Electric's (GE) Activist Investor News Seen as 'Red Herring' at Deutsche Bank
October 5, 2015 1:36 PM EDTDeutsche Bank maintained a Hold rating on General Electric (NYSE: GE) with a price target of $28. Comments follow reports activist investor Nelson Peltz's Trian built a $2.5 billion stake in GE. Analyst John G. Inch called news a "red herring."
"Earlier today, the WSJ... More
General Electric (GE) Issues Commentary on Trian Investment; Maintains Open Dialogue with All Shareholders
October 5, 2015 6:14 AM EDTGeneral Electric (NYSE: GE) issued the following statement from GE Chairman and CEO Jeff Immelt regarding Trian Fund Management L.P.s $2.5 billion investment in GE stock, which makes Trian one of GEs largest shareholders:
We welcome Trians significant investment in the Company. GE maintains an open dialogue with our shareholders and enjoys productive, collaborative... More
Nelson Peltz's Trian Builds $2.5B Stake in General Electric (GE)
October 5, 2015 6:11 AM EDTTrian Fund Management, L.P. today disclosed that it has become a top ten shareholder of GE (NYSE: GE) with a beneficial ownership of 98.5 million GE shares currently valued at approximately $2.5 billion. GE is now Trians largest investment.
Trian Principals Nelson Peltz and Ed Garden have a longstanding relationship with GEs CEO Jeff Immelt. Since 2013, Trian has periodically engaged in informal dialogue with GEs management team. Over the past several months, Trian has conducted investment... More
