General Electric (GE) Reports In-Line Q2 EPS

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Synchrony (SYF) to Offer 125M Shares in IPO; Sees Price of $23 - $26/Share (GE)

July 18, 2014 9:47 AM EDT

(Updated - July 18, 2014 10:01 AM EDT)

General Electric's (NYSE: GE) Synchrony (NYSE: SYF) filed an amended registration with the U.S. SEC for an IPO of its Common Stock. The company plans to sell $125 million shares and sees an IPO price of $23 to $26 per share. The company plans to list on... More

General Electric (GE) Q2 Show Mixed Results, Oppenheimer Says

July 18, 2014 8:37 AM EDT

Oppenheimer analyst Christopher Glynn provided a first look at General Electric (NYSE: GE), a stock he rates 'Perform.'

Glynn notes, "Industrial revenue growth of 7% (+5% organic) in GE's 2Q14 edged our 6% estimate. Industrial operating margin expanded 20 bps to 15.5%, vs. our +10 bps estimate, and drove 9% industrial operating... More