General Electric Stock News

French President Emmanuel Macron expressed his desire to develop nuclear energy and renewable energies to produce “more decarbonised electricity” and announced the construction of six new nuclear reactors. In front of workers at General Electric Steam Power in Belfort, the…

The short-term Elliott Wave view in General Electric (GE) ended wave (1) at 88.03 low. Wave (2) rally is currently in progress as a zigzag Elliott Wav

General Electric (GE) said it will book a pre-tax impairment charge of $700M-$800M related to the sale of part of GE Steam Power''s nuclear business to Électricité de France.In an…

General Electric Co. said Thursday it expects to book a charge of $700 million to $800 million related to the sale of part of GE Steam Power''s nuclear business to French utility Électricité de France S.A. That transaction, which is expected to close in the first half of 2023, "will result in a reclassification of that business to "held for sale" in the first quarter of 2022," GE said in a regulatory filing. The overall deal is expected to result in a "significant gain," said the filing. EDF said earlier it has signed an exclusive agreement with GE to buy the business, which includes conventional island equipment for new nuclear-power plants as well as steam turbine technology for future plants. Terms were not disclosed. GE shares were down 0.3% premarket, but have gained 7.5% in the last 12 months, while the S&P 500 has gained 17%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

GE (GE) has signed an exclusive agreement with EDF (ECIFF) to offload its Steam Powers nuclear power activities

PARIS (Reuters) French state-owned utility EDF confirmed it would buy a France-based nuclear turbine unit from General Electric.

Dublin, Feb. 09, 2022 (GLOBE NEWSWIRE) -- The "Global 3D Printed Drugs (2021-2026)" report has been added to ResearchAndMarkets.com''s offering. The Global 3D Printed Drugs Market is estimated to be USD 201. 74 Mn in 2021 and is expected to reach USD 336.89 Mn by 2026, growing at a CAGR of 10.8%. Market Dynamics 3D printed drugs are medicines designed using 3D printing technology. It is particularly useful for patients having swallowing difficulties such as children, the elderly and those ailing with Alzheimer''s disease, stroke complications, head or neck tumors and other neurological disabilities. The rise in demand for personalized drugs & rapidly soluble medication, increasing usage of 3D Printing in the medical and healthcare sector, increasing prevalence of dysphagia and rising geriatric population are some of the driving factors for the market. While restrictive government regulations relating to these drugs and the adverse effects of the 3D medication may hamper the market''s growth.

“Lean” process improvement can reduce costs, improve efficiency and make execution more predictable. Lean requires an investment and a culture change.

Electricite de France (ECIFF) will buy General Electric''s <> France-based unit that makes and maintains turbines for nuclear power stations, French Minister of the Ecological…

Many investors have given up on renewable energy stocks. That creates some opportunities to buy sector leaders at discounted prices.

Shares of General Electric Co. rallied 1.3% Monday toward their longest winning streak in nearly six years, but they remained well below recent peak of just three weeks ago. GE''s stock started its current win streak after it closed at $89.32 on Jan. 26, which was the lowest close since Feb. 1, 2021, one day after GE reported fourth-quarter results. The industrial conglomerate''s stock has now run up 12.3% during its current streak, which would be the longest since the 10-day stretch that ended July 19, 2016. The stock is still 2.7% below the Jan. 14 closing high of $103.16. It has shed 7.7% over the past three months to underperform the 5.3% decline in the SPDR Industrial Select Sector ETF and S&P 500''s 3.9% decline. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Shares of General Electric Co. GE, +1.35% rallied 1.3% Monday toward their longest winning streak in nearly six years, but they remained well below recent peak of just three weeks ago. GE's stock star