GE Stock Recent News
GE LATEST HEADLINES
GE Aerospace's transformation into a pure-play aerospace leader has unlocked tremendous growth potential, driven by strong secular trends in commercial and defense aviation. The company boasts a dominant market position, with GE engines powering 75% of commercial flights and a robust aftermarket revenue model. GE's FLIGHT DECK strategy and MRO investments have boosted efficiency and profitability, positioning it well for long-term growth and dividend increases.
Five overlooked stocks that the Oakmark Fund unearthed last year.
GE Vernova stock price soared to a record high this week after a positive statement from Bank of America analysts who boosted their outlook.
The Investment Committee discuss the latest Calls of the Day.
This article's scoring methodology combines Earnings Yield, 5-Year Dividend Growth Rate, and Dividend Yield to evaluate the cream of the crop of dividend ETFs. This approach aims to identify dividend ETFs with both strong potential for income and growth, making it suitable for long-term retail investors. In long sideways to bear consolidation periods, as anticipated by Goldman Sachs over the next 10 years, dividend strategies can outperform.
GE clinches a deal to supply 210 T700 engines for the Polish Armed Forces' Boeing AH-64E Apache Guardian helicopters.
Shares in GE Aerospace (GE 0.34%) rose by more than 63% in 2024 after adjusting for the spinoff of GE Vernova in April, according to data provided by S&P Global Market Intelligence . The move comes as the commercial aerospace industry and GE, in particular, helped dispel fears of a slowdown in original equipment (OE) sales due to both Boeing and Airbus falling short of airplane production expectations and ongoing supply chain and parts availability issues at suppliers like GE.
CINCINNATI , Jan. 8, 2025 /PRNewswire/ -- GE Aerospace (NYSE:GE) received an order for 210 T700 engines to power the 96 Boeing AH-64E Apache Guardian helicopters for the Polish Armed Forces. "This T700 engine is the engine of choice for medium-sized helicopters with its exceptional performance, reliability, and durability," said Amy Gowder, President and CEO of Defense & Systems at GE Aerospace.
GE Aerospace (GE) will report earnings for the third quarter Tuesday morning, at a time when the aerospace industry faces some uncertainty with Boeing (BA) workers on strike.
GE's third-quarter results are likely to benefit from strength across its commercial and defense end markets. High costs and expenses are likely to have been spoilsports.