General Electric (GE) Adds $4B to Stock Buyback Program
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October 21, 2016 6:29 AM EDT
(Updated - October 21, 2016 6:36 AM EDT)
General Electric (NYSE: GE) reported Q3 industrial and operating verticals EPS of $0.32, versus the analyst estimate of $0.30. Revenue for the quarter came in at $29.3 billion versus the consensus estimate of $29.64 billion.
"Our strength as a diverse, Digital Industrial company continues to enable us to deliver in a slow growth, volatile
environment. This quarter, our teams earned $0.32* of earnings per share with strong performance in Power,
Renewable Energy, Aviation, and Healthcare." - CEO Jeff Immelt
GE also increased its stock repurchase program allotment by $4... More
October 20, 2016 3:05 PM EDT
General Electric (NYSE: GE) October 29 straddle priced for movement of 2%
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