General Electric (GE) Stock News

Subscribers to  Chart of the Week  received this commentary on Sunday, September 1.

Engine repair shops have swelled to a $58 billion business, according to Alton Aviation Consultancy, and are cash cow for engine makers like GE Aerospace.

A push-out of a new Boeing airplane would hurt GE Aerospace's long-term profitability. Boeing exists to make airplanes, and even if an equity raise is necessary to raise cash, it will not necessarily impact GE Aerospace.

In a notable shift, GE Aerospace (NYSE: GE) is emerging as the premier industrial stock to own, surpassing Rolls-Royce Holdings PLC (LON: RR) for long-term investment potential.

U.S. power equipment maker GE Vernova said on Monday it has acquired the remaining ownership stake in a Saudi gas turbine producing joint venture from state-owned Dussur.

Portland General Electric offers a 4.2% dividend and has a 6.5% earnings yield, making it quite attractive compared to the 10-year Treasury bond. Trading below its historical P/E average, it presents a potential buying opportunity, especially with anticipated federal interest rate cuts. The company has strong financial metrics, a favorable regulatory environment, and is making significant inves...

Energy equipment maker GE Vernova on Friday said recent turbine blade failures at two offshore wind farms in the United States and the United Kingdom are unrelated and blamed the latest mishap on strong winds.

GE Aerospace soared to a new high after earnings in July. Shares are in a buy zone.