General Electric Stock News

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Chesley Taft & Associates LLC decreased its stake in shares of General Electric (NYSE:GE) by 83.6% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 12,938 shares of the conglomerates stock after selling 65,731 shares during the quarter. Chesley Taft & Associates LLCs holdings in General Electric were worth $1,333,000 as of its most []

DUBLIN--(BUSINESS WIRE)--The "Functional Safety Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com''s offering. The Global Functional Safety Market is expected to register a CAGR of 8.3% during the period of 2021-2026. Companies Mentioned Rockwell Automation Inc. Emerson Electric Company Honeywell International Inc. Yokogawa Electric Corporation ABB Ltd. Schneider Electric SE Siemens AG General Electric Company Omron Corporation

DUBLIN--(BUSINESS WIRE)--The "Global Industrial Interlock Switches Market 2021-2025" report has been added to ResearchAndMarkets.com''s offering. The publisher has been monitoring the industrial interlock switches market and it is poised to grow by $93.55 million during 2021-2025, progressing at a CAGR of 5.17% during the forecast period. The report on the industrial interlock switches market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well

Chairman António Horta-Osório cleans up Credit Suisse under the new strategy while major investors call for significant divestments. At the recent Credit Suisse investor day in London, António Horta-Osório (image below) was extensively criticized for doing little more than shifting the business emphasis of Switzerland''s second-largest bank from one area to another. He was also heavily questioned for not providing more clarity on the bank''s leadership under the new strategy. The market did not take the news particularly well, pushing the bank''s share price down 5 percent. But a well-connected investment banker asked by finews.asia had a far more receptive take on the chairman''s actions. Reasonable Effort Horta-Osório did what he reasonably could with what he was given, the banker said. He was cutting the investment bank''s risk profile and shifting capital into areas that generate stable earnings. He also welcomed the efforts to improve risk management and change the bank''s culture from the inside. «Horta-Osório is cleaning house», the dealmaker summed up.

TOKYO, Japan: Toshiba Corporation announced on November 12 that it will divide its business into three entities, a conciliatory move aimed at placating shareholders seeking a major revamp of the company following several scandals. An uncommon step in a nation where corporations reign supreme, news of the Tokyo-headquartered company being divided came to light within days of American manufacturer General Electric