Zebra Technologies Reports Q1 Results – Named on Forbes Best Employer List
US-based hardware, software, and services company, Zebra Technologies Corp. (NASDAQ:ZBRA) announced its first quarter financial results for 2018 on Tuesday. The company, which ranked on Forbes’ best employers in America list for the third consecutive ... [Read]
Engine-Maker Cummins Suffers Share Drop Over Engine Repairs
Cummins stocks are down -5.60% today on the news that the firm has been hit by costs of nearly $200 million as it sets out to improve emissions from its engines in response to regulatory ... [Read]
VeriFone Systems Going Private – Shares Jump +50%
After the market closed on Monday, the payment and commerce tech company VeriFone Systems (NYSE:PAY) announced that the company will be going private. VeriFone will be bought by the tech-focused private equity company Francisco Partners for ... [Read]
General Electric Will Be Cutting 4,500 Jobs in Europe
General Electric Co (NYSE:GE) will be cutting 4,500 jobs in Europe, in response to the company shrinking its floundering power business. The cuts will be occurring in Switzerland, Germany, and Britain, and are linked to ... [Read]
General Electric CEO John Flannery Says He Isn’t Surprised By Two-Day Stock Downturn
General Electric (NYSE:$GE) is currently experiencing a two-day stock downturn – and CEO John Flannery says he isn’t surprised, adding that the company disappointed shareholders. On Tuesday, General Electric was down 5%, which brought the ... [Read]
General Electric Slashes Quarterly Payout From 24 Cents a Share to 12
On Monday, General Electric (NYSE:$GE) announced that it is slashing its dividend in half. Many speculate this will cause long-time shareholders of the Boston-based company to run and hide, while others believe it will free ... [Read]
General Electric Shares Drop As Company Posts Disastrous Third Quarter Results
After a complete miss for General Electric’s (NYSE:$GE) third quarter, GE’s new CEO has some serious work to do. When Friday results were posted, GE’s earnings fell short of many investor’s expectations. Among justifications for ... [Read]
J.P. Morgan Analyst Echoed Bearish View on General Electric; Stock Dropped 1.4%
On Tuesday, September 19, in midday trade, General Electric Company (NYSE:$GE) shares dropped 1.4%. Why? The decline started after Stephen Tusa, a J.P. Morgan analyst, echoed his bearish view on the Boston-based industrial conglomerate. Tusa ... [Read]
Toshiba Fails to Meet Target Sell Date for the Third Time, In Talks with Bain Capital
Toshiba Corp. (NASDAQ:$TOSYY) has failed to meet a target date to sell its $18 billion business for the third time on Wednesday. The company had been in talks with various companies for months now, with ... [Read]
General Electric’s Quarter Two Results Show Weaknesses
General Electric (NYSE:$GE) might have beaten earnings estimates, but the company’s quarter two results showed a tremendous amount of weakness. The shares are reaching new 52-week lows, and, despite a relatively low valuation, there is ... [Read]