Long-Dated Call Buying in General Electric (GE) Highlights Bullish Positioning in Shares Through June 2019 -Susquehanna

General Electric (GE) PT Lowered to $10 at Gordon Haskett

Gordon Haskett analyst John Inch lowered the price target on General Electric (NYSE: GE) to $10.00 (from $11.00) while maintaining an Underperform rating. While GE has provided assurances that it retains plenty of opportunities through asset sales, Inch's calculations indicate most of these proceeds are already... More

General Electric (GE) PT Lowered to $10 at Credit Suisse

Credit Suisse analyst, John Walsh, lowered the price target on General Electric (NYSE: GE) to $10.00 (from $12.00) while maintaining a Neutral rating. GE has declined 15% versus the XLI up 4% and the S&P 500 up 3%. Fallout from yield investors is adding pressure.

Investors are focused... More

U.S. drillers add oil rigs for fourth week in five: Baker Hughes

(Reuters) - U.S. energy firms added oil rigs for a fourth time in the last five, keeping the rig count at its highest in over three years even though crude futures were on track to fall for a fifth week in a row to their lowest level since February.

Drillers added 12 oil rigs in the week to Nov. 9, bringing the total count to 886, the highest level since March 2015, General Electric Co's (NYSE: GE) Baker Hughes energy services firm said in its closely followed report on Friday.

That was the biggest... More

General Electric (GE) option implied volatility increases after JPMorgan cuts price target to $6

General Electric (NYSE: GE) November call option implied volatility is at 75, December is at 58; compared to its 52-week range of 20 to 59 as shares sell off after JPMorgan cuts price target to $6.

GE shares tumble below $9 as JP Morgan analyst cuts price target

By Lewis Krauskopf and Alwyn Scott

NEW YORK (Reuters) - Shares of General Electric Co (NYSE: GE) tumbled on Friday after a JP Morgan analyst slashed his target price on the stock to a lowly $6, dealing a fresh blow to the U.S. industrial conglomerate's flagging share price.

GE shares sank 7.3 percent to $8.44 in afternoon trading, and dropped to as low as $8.15. The stock price fell below $9 for the first time since March 2009,... More

General Electric (GE) said it has 'sound liquidity' after JP Morgan analyst raises questions and stock falls 9% - Reuters

General Electric (NYSE: GE) said it has 'sound liquidity' after JP Morgan analyst raises questions and stock falls 9% - Reuters

Oil slide, China worries send Wall Street tumbling

By Sinéad Carew

NEW YORK (Reuters) - Wall Street's three major stock indexes lost ground on Friday, after a week of recovery from the October sell-off, as oil prices fell further and more evidence of a slowing Chinese economy was reported.

Oil prices fell nearly 1.0 percent on Friday, and have now seen the longest stretch of daily declines since 1984, on rising global supply and evidence of a slowing world economy.

The United States formally imposed punitive sanctions on Iran this week, but granted eight countries temporary waivers allowing them to keep buying oil from the Islamic Republic.... More

General Electric (GE) PT Lowered to $6 at JPMorgan; Sees EPS/FCF/Dividend All Down ~85%

(Updated - November 9, 2018 10:29 AM EST)

(updated to add more analyst color)

JPMorgan analyst Stephen Tusa, considered the "ax" in the stock, lowered his price target on General Electric (NYSE: GE) again. This time he cut the target to $6.00 (from $10.00) while maintaining an Underweight rating. Tusa said results were worse than expected on nearly all fronts, including forecasts for... More

AirAsia X considering switching part of Airbus order to narrowbody jets: CEO

By Jamie Freed

SINGAPORE (Reuters) - AirAsia X Bhd , which has yet to firm up a tentative order for 34 Airbus SE (NYSE: AIR) A330neo widebody jets placed in July, is considering switching some of those jets to narrowbody A321neos, the CEO of its Malaysian arm said on Friday.

"This is something the team is discussing," Chief Executive Benyamin Ismail told reporters on the sidelines of a CAPA Centre for Aviation conference.

He said the number that could be switched to A321neos had not been decided,... More

A 37.05 million share block of General Electric (GE) crossed the tape at 4:42PM ET at $9/share

A 37.05 million share block of General Electric (NYSE: GE) crossed the tape at 4:42PM ET at $9/share

Boeing to report lower 737 deliveries amid supplier delays: executive

By Eric M. Johnson

SEATTLE (Reuters) - Days before the numbers are due to be announced, Boeing Co (NYSE: BA) warned that October aircraft deliveries to airlines would be lower than normal as the world's largest planemaker continues to be dogged by supplier delays on engines and other components.

Boeing Chief Financial Officer Greg Smith told a conference in Chicago that deliveries would rebound in November and December despite persistent problems with engine-maker CFM International Inc, a venture of General Electric Co (NYSE:... More

General Electric (GE) SVP Dimitrief Buys 10K Shares

General Electric (NYSE: GE) SVP, Alexander Dimitrief, disclosed the purchase of 10,000 shares made on 11/06 at $9.48.

Dimitrief's purchase follows the recent purchase of 225,000 shares by new CEO Culp.

U.S. companies team up with hospitals to reduce employee maternity costs

By Jilian Mincer

NEW YORK (Reuters) - General Electric Co (NYSE: GE) and other large companies are trying to chip away at rising childbirth costs for U.S. employees, working directly with hospitals to reduce cesarean sections and related complications.

The efforts are in very early stages, with few details on their impact outside of cost savings of a few million dollars so far. But they illustrate yet another path companies are taking to bring down U.S. medical costs by working with doctors and hospitals to set health goals.

GE and Rolls Royce finalists for Chinese-Russian CR929 jet engine, designer says

ZHUHAI, China (Reuters) - General Electric (NYSE: GE) and Rolls Royce (NYSE: RR) are the two finalists to supply engines for a new long-haul jet developed by a Russian-Chinese joint venture that aims eventually to switch to a Sino-Russian engine, a chief designer of the aircraft said.

Russia's United Aircraft Corporation and the Commercial Aircraft Corp of China Ltd kickstarted full-scale development of the CR929 widebody jet program last year, to build an aircraft that can muscle into a lucrative market now dominated by Boeing Co's (NYSE:... More