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GE Aviation Furloughs Half Its Engine Manufacturing Workforce Amid Coronavirus Pandemic
Friday, April 3, 2020 - 4:25am | 416Read More...Thousands of workers in General Electric Company’s (NYSE: GE) aviation subsidiary are impacted as company furloughs half its aircraft engine manufacturing workforce. What Happened The ongoing coronavirus pandemic is hitting the aviation industry hard, as airlines ground planes and delay...
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JPMorgan's Stephen Tusa Expresses More Conviction In Bearish GE Thesis After Aviation Deep Dive
Friday, October 4, 2019 - 12:11pm | 446Read More...Even after gaining 13.8% year to date in 2019, General Electric Company (NYSE: GE) shares are still down more than 70% overall in the past three years. A top GE bear said Friday that consensus expectations for GE’s core Aviation segment are still too high. The Analyst JPMorgan analyst Stephen...
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Alcoa Announces New Long-Term $1.5 Billion Contract; Shares Still Lower
Monday, January 11, 2016 - 11:54am | 129Read More...Shares of Alcoa Inc (NYSE: AA) were trading lower by more than 0.50 percent on Monday despite the company confirming a new $1.5 billion long-term contract. Alcoa will provide advanced nickel-based super-alloy, titanium and other components to General Electric Company (NYSE: GE)'s aviation segment...
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Dougherty Upgrades Stratasys, Sees 'A Path Out Of The Dog House'
Monday, July 27, 2015 - 12:16pm | 502Read More...In a report published Monday, Dougherty & Company analyst Andrea James upgraded shares of Stratasys, Ltd. (NASDAQ: SSYS) to Buy from Neutral with a newly established $45 price target as the "disruptive" company "builds back" its credibility. "Some have argued that...
