Jeff Immelt

A group of more than two dozen CEOs have been tapped by President Donald Trump to create recommendations to grow the American manufacturing sector. The group convenes at a time when Trump is pledging to cut corporate taxes, slash regulations and also heavily tax companies that outsource...

Short sellers loaded up on this iconic conglomerate in the most recent period. The company provided an updated outlook mid-month. The share price rose marginally between the most recent settlement dates. General Electric Company (NYSE: GE) has benefited from the "Trump rally", with shares up 8...

A handful of companies issued financial guidance this week to their respective investment communities. United Technologies United Technologies Corporation (NYSE: UTX) said it expects to earn $6.30 to $6.60 per share in fiscal 2017 on revenue of $57.5 billion to $59 billion. This compares to Wall...

Jeff Immelt, the CEO of General Electric Company (NYSE: GE), said during an investor event that he is "more optimistic about the US economy than he has been in a long time," driven by corporate tax reform, the Ex-Im Bank and demand growth from a rebounding economy. Analyst's Commentary...

President-elect Donald Trump's is an unconventional choice - the CEO of one of the world's largest oil companies. Trump tapped Rex Tillerson, CEO of Exxon Mobil Corporation (NYSE: XOM) to serve. Naturally, Trump will face scrutiny in his pick for various reasons, including his lack of...

The Wall Street Journal reported last week that General Electric Company (NYSE: GE) was in talks to merge its oil business with Baker Hughes Incorporated (NYSE: BHI). The report resulted in shares of Baker Hughes gaining more than 8 percent on Friday and hitting a new 52-week high of $59.39, even...

General Electric Company (NYSE: GE) delivered mixed results for the third quarter. While earnings came in line with the estimates, revenue missed expectations. The company reported earnings from continuing operations of $2.1 billion, or $0.23 a share, representing a growth of 21 percent from the...

Apple Inc. (NASDAQ: AAPL) is one of many hugely-profitable corporations that has endured heat for taking advantage of U.S. tax law to minimize its corporate tax rate. Apple And Ireland Apple CEO Tim Cook recently addressed the issue in an interview with the Washington Post. “The money that...

General Electric Company (NYSE: GE) CEO Jeff Immelt recently penned an article for LinkedIn in which he discussed the company’s new approach to its corporate environment. According to Immelt, GE is taking an aggressive and progressive approach to its internal culture. “We may be a...

Shares of General Electric Company (NYSE: GE) were trading lower by around 1 percent early Friday morning after the company reported its first-quarter results. General Electric said that it earned $0.21 per share in the first quarter on revenue of $27.6 billion. Wall Street analysts were expecting...

U.S. futures were trading slightly higher early Monday morning as investors were likely encouraged by major M&A announcements. Visa Inc (NYSE: V) has agreed to acquire Visa Europe Ltd. in a deal valued up to 21.2 billion euros, while Shire PLC (ADR) (NASDAQ: SHPG) announced it will...

Shares of General Electric Company (NYSE: GE) spiked higher by more than 4 percent Monday morning. Nelson Peltz's Trian Partners disclosed a $2.5 billion stake in General Electric. The investment firm noted that GE is "executing a bold transformation" that will generate "attractive" returns for...

U.S. stocks posted steep losses as investors had plenty to worry about. Unable to reach a last-minute settlement, Argentina defaulted on its debt obligations. Naturally, as a global economy, the credit of one country affects other countries worldwide. The Labor Department reported that U.S....