General Electric (GE) Stock News

Barclays analyst Julian Mitchell is bullish on GE Vernova because of the company's exposure to booming demand for power-generation and electricity-transmission technologies.

EVENDALE, Ohio--(BUSINESS WIRE)--The Board of Directors of GE Aerospace (NYSE: GE) today declared a $0.28 per share dividend on the outstanding common stock of the Company. The dividend is payable October 25, 2024, to shareholders of record at the close of business on September 26, 2024. The ex-dividend date for the NYSE is September 26, 2024. About GE Aerospace GE Aerospace (NYSE: GE) is a glo...

Microsoft named General Electric's former chief financial officer, Carolina Dybeck Happe, as its new executive vice president and chief operations officer.

Microsoft on Thursday named former GE finance chief Carolina Dybeck Happe as chief operations officer.

GE Vernova's stock pulled an intraday U-turn to trade at fresh highs on Thursday, after the renewable-energy company trimmed its outlook for third-quarter profitability but affirmed its full-year outlook.

Carolina Dybeck Happe will join Microsoft from GE after its aviation and energy companies went public earlier this year. She will report to CEO Satya Nadella as the company works to mobilize around artificial intelligence.

GE Aerospace will generate bundles of cash from long-term aftermarket revenue from its installed base of engines. The company's margins and profits will likely improve significantly over the medium term.

GE Aerospace is a big player in the wide-moat aviation industry. A strong outlook could drive 30% earnings growth over the next few years.