UPDATE: General Electric (GE) PT Raised to $15 at Barclays

UPDATE: Oppenheimer Downgrades General Electric (GE) to Perform

(Updated - March 11, 2021 5:38 AM EST)

Oppenheimer analyst Christopher Glynn downgraded General Electric (NYSE: GE) from Outperform to Perform.

The analyst comments "Given shares having eclipsed our prior $13 PT, we are moving to a Perform rating. GE reiterated target for hsd FCF/sales... More

General Electric (GE) Falls 6% on AerCap Deal, 2021 Outlook, 1-for-8 Reverse Split

General Electric (NYSE: GE) is trading down 6% following this morning's deal to merge GE Capital Aviation Services business (GECAS) with AerCap Holdings N.V. (NYSE: AER). The company also announced its 2021 outlook and a reverse stock split at a ratio of 1-for-8.

Shares are up 24% YTD.

General Electric (GE) Announces Detailed 2021 Outlook

GE (NYSE: GE) today announced its detailed 2021 outlook.

GE Chairman and CEO H. Lawrence Culp, Jr. said, Our team has built a strong foundation to drive improvements throughout GE. Scaling lean and shifting decision-making closer to our customers are helping us execute better and transform our cultureso that these improvements are both continuous and lasting.

Culp continued, We are on a positive trajectory in 2021 as momentum builds across our businesses and we transform to a more focused, simpler, and stronger industrial company. I remain confident we will deliver value for GEs shareholders,... More

AerCap Holdings (AER) Reports Acquisition of GE Capital Aviation Services from General Electric (GE)

AerCap Holdings N.V. (NYSE: AER), the global leader in aircraft leasing, announced today that it has entered into a definitive agreement with General Electric (NYSE: GE) under which AerCap will acquire 100% of GE Capital Aviation Services ("GECAS"), a GE business.

The combined company will be an industry leader across all areas of aviation leasing, with over 2,000 owned and managed aircraft, over 900 owned and managed engines, over 300 owned helicopters and approximately 300 customers around the world.

Aengus Kelly, Chief Executive Officer of AerCap, said, "We are... More

GE (GE) Announces Combination of GECAS and AerCap (AER)

GE (NYSE: GE) announced today an agreement to combine its GE Capital Aviation Services business (GECAS) with AerCap Holdings N.V. (NYSE: AER).

GE Chairman and CEO H. Lawrence Culp, Jr. said, Today marks GEs transformation to a more focused, simpler, and stronger industrial company. Coupled with our continuing efforts to strengthen GE's performance, operations, and culture, this deal brings GE closer to our futuredelivering value for the long term and leading the energy transition, precision health, and the future of flight.

Culp continued, AerCap is the... More

Stocks expected to have increasing option volume: ORCL GE T

Stocks expected to have increasing option volume: ORCL GE T

General Electric (GE) call put ratio 3 calls to 1 put into hosting a investor outlook conference call

General Electric (NYSE: GE) March weekly call option implied volatility is at 70, March is at 55; compared to its 52-week range of 40 to 143 into hosting a investor outlook conference call today. Call put ratio 3 calls to 1 put.

General Electric (GE) May Be Closer to Eliminating GE Capital Overhang - Morgan Stanley

Morgan Stanley analyst Jashua Pokrzywinski reiterated an Overweight rating and $17.00 price target on General Electric (NYSE: GE) noting that the article on a potential transaction between GE Capital Aviation Services and AerCap outlines a valuation consistent with peers (understanding analysts don't know all the metrics for GECAS). However, the bigger signal is that... More

AerCap confirms aircraft-leasing business talks with General Electric

(Reuters) - Ireland's AerCap Holdings NV on Tuesday confirmed ongoing discussions with General Electric Co to acquire its aircraft-leasing business.

The U.S. business, known as GE Capital Aviation Services or GECAS, is one of the world's biggest jet-leasing companies. It leases passenger aircraft made by companies including... More