The Dow Jones Is Booming – And This Time, the Rally Is for Real
The Dow Jones Industrial Average zoomed back above 25,000 on Wednesday, and this time, the rally looks like it is for real.
General Electric
General Electric Is Crashing to 3-Decade Low & New Investors Love It
General Electric is down 50% year-to-date, but it has found unlikely buyers amid the carnage.
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GE Stock Plunges on Suspicious $38 Billion Fraud ‘Bombshell’
By CCN Markets: Embattled industrial giant General Electric took another blow Thursday. GE stock is trading down more than 10% following news that famed fraud investigator Harry Markopolos has accused General Electric of committing fraud. Madoff Whistleblower: GE Stock Is Overvalued by 50% Markopolos stated that GE is a “bigger fraud than Enron” and added: […]
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GE Ignites 100-Startup Fire Sale in Last-Ditch Bid to Save Crumbling Stock
Following a vicious stock price downturn, GE is making a last-ditch attempt to raise cash. GE Ventures intends to sell its portfolio of investments in more than 100 startups as part of the firm’s “multiyear turnaround.” GE stock has p…
GE Sells Coveted BioPharma Unit to Pay Down $21 Billion in Crippling Debt
General Electric today shocked the stock market with news that ended up pushing its share price considerably higher. It’s selling its BioPharma unit for $21.4 billion to pay down its crippling debt. GE investors applauded the company for taking its lev…
126-Year-Old General Electric (GE) Invests in Blockchain Cybersecurity Startup
The venture capital arm of industrial conglomerate General Electric (GE) is one of the participants in a $12 million Series A fundraising round for Xage, a cybersecurity startup. The firm uses blockchain technology in securely linking industrial Intern…