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GE

General Electric

$23.36

-0.07 (-0.30%)

08:43
10/11/17
10/11
08:43
10/11/17
08:43

GE tells CNBC maintaining dividend a top priority

General Electric told CNBC that maintaining its dividend is a top priority on the heels of JPMorgan analyst C. Stephen Tusa telling investors that he believes a dividend cut by the company is "increasingly likely." The analyst this morning also reduced his price target on GE shares to $20 from $22. The stock in premarket trading is down 23c to $23.13.

GE General Electric
$23.36

-0.07 (-0.30%)

10/05/17
MSCO
10/05/17
NO CHANGE
Target $25
MSCO
Equal Weight
General Electric likely to cut FY17 EPS view below $1.50, says Morgan Stanley
Morgan Stanley analyst Nigel Coe said he expects General Electric to lower its FY17 EPS guidance to below $1.50 per share from its currently stated view of $1.60-$1.70 when the company reports earnings on October 20. The analyst, who has $1.40 EPS forecast for the full year, also expects GE to reduce its $12B-$14B CFOA target to closer to $11B and sees scope for the buyback program to be scaled back. Coe, who is not certain if all of this is priced into the stock, is "tactically cautious" into the report and keeps an Equal Weight rating and $25 target price on GE shares.
10/09/17
SBSH
10/09/17
NO CHANGE
Target $31
SBSH
Buy
Citi 'glass half-full' on General Electric management changes
Citi analyst Andrew Kaplowitz says he's taking a "glass half-full" view on General Electric's leadership changes. The analyst is surprised at the "relatively quick" departure of Vice Chair and CFO Jeffrey Bornstein, but believes CEO John Flannery and GE as a whole are effecting a "clean break" from the past. While bears may view the announcement as another signal that GE's recovery could be slower than expected, the changes "likely represent a necessary step toward a more accountable, streamlined, GE," Kaplowitz tells investors in a research note. He keeps a Buy rating on the shares with a $31 price target.
10/09/17
JPMS
10/09/17
NO CHANGE
JPMS
Underweight
GE changes suggest fundamentals worse than expected, says JPMorgan
JPMorgan analyst C. Stephen Tusa believes the management changes announced Friday night by General Electric reinforce his view that the company's core fundamental challenges are "worse than consensus is currently discounting." The analyst keeps an Underweight rating on the shares.
10/11/17
JPMS
10/11/17
NO CHANGE
Target $20
JPMS
Underweight
JPMorgan says GE dividend cut 'increasingly likely,' drops target to $20
JPMorgan analyst C. Stephen Tusa believes a dividend cut at General Electric is "increasingly likely" after the analyst again reduced his estimates. Tusa lowered his estimates to reflect reduced revenues and profits in the Power and Oil & Gas segment as well as higher restructuring expenses. The analyst cut his price target for GE shares to $20 from $22 and keeps an Underweight rating on the name. The stock closed yesterday down 6c to $23.36. With recently added Board members potentially pushing for a quick fix, with all outcomes on the table, a more comprehensive breakup is possible, Tusa tells investors in a research note titled "'Terminal Value': Cutting Numbers, Price Target, and Value of Power in Sum of the Parts." His non-GAAP earnings per share estimates now sit at $1.40/$1.25/$1.40/$1.50 for 2017/2018/2019/2020.

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PM

Philip Morris

$112.51

-0.14 (-0.12%)

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BX

Blackstone

$33.49

0.27 (0.81%)

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ABCB

Ameris Bancorp

$49.45

0.3 (0.61%)

07:04
10/19/17
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Earnings
Ameris Bancorp reports Q3 adjusted EPS 63c, consensus 65c »

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V

Visa

$107.80

0.26 (0.24%)

07:04
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PM

Philip Morris

$112.51

-0.14 (-0.12%)

07:04
10/19/17
10/19
07:04
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07:04
Earnings
Philip Morris revises FY17 reported EPS view to $4.75-$4.80, consensus $4.84 »

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  • 19

    Oct

SPX

S&P 500

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RCI

Rogers Communications

$53.75

-0.23 (-0.43%)

07:03
10/19/17
10/19
07:03
10/19/17
07:03
Earnings
Rogers Communications reports Q3 EPS C$1.01, consensus C$0.80 »

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PM

Philip Morris

$112.51

-0.14 (-0.12%)

07:02
10/19/17
10/19
07:02
10/19/17
07:02
Earnings
Philip Morris reports Q3 adjusted EPS $1.27, consensus $1.38 »

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ERIC

Ericsson

$5.98

0.08 (1.36%)

07:02
10/19/17
10/19
07:02
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07:02
Downgrade
Ericsson rating change  »

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TRV

Travelers

$130.02

1.37 (1.06%)

07:01
10/19/17
10/19
07:01
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07:01
Hot Stocks
Travelers reports Q3 combined ratio of 103.2% »

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USO

United States Oil Fund

$10.48

-0.01 (-0.10%)

07:01
10/19/17
10/19
07:01
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07:01
Technical Analysis
United States Oil Fund: Pivot points, pivot low edged »

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XOP

SPDR Oil Exploration and Production Fund

$33.35

-0.32 (-0.95%)

07:00
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10/19
07:00
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07:00
Technical Analysis
SPDR Oil Exploration and Production Fund: Pivot points »

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DGAZ

VelocityShares 3x Inv Natural Gas ETN

$26.40

0.3 (1.15%)

06:59
10/19/17
10/19
06:59
10/19/17
06:59
Technical Analysis
VelocityShares 3x Inv Natural Gas ETN: Pivot points »

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TRV

Travelers

$130.02

1.37 (1.06%)

06:59
10/19/17
10/19
06:59
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Hot Stocks
Breaking Hot Stocks news story on Travelers »

Travelers reports Q3…

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UGAZ

VelocityShares 3x Long Natural Gas ETN

$10.23

-0.17 (-1.63%)

06:58
10/19/17
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Technical Analysis
VelocityShares 3x Long Natural Gas ETN: Pivot points »

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TRV

Travelers

$130.02

1.37 (1.06%)

06:58
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Travelers reports Q3 book value per share $86.73 »

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TRV

Travelers

$130.02

1.37 (1.06%)

06:58
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Earnings
Travelers reports Q3 core EPS 91c, may not compare to consensus 43c »

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EWZ

MSCI Brazil Index

$42.70

0.06 (0.14%)

06:57
10/19/17
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06:57
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06:57
Technical Analysis
MSCI Brazil Index: Pivot points »

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EFA

iShares MSCI EAFE Index Fund

$69.54

0.2 (0.29%)

06:57
10/19/17
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06:57
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Technical Analysis
iShares MSCI EAFE Index Fund: Pivot points, pivot low broken »

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NKE

Nike

$52.30

0.3 (0.58%)

06:56
10/19/17
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06:56
Hot Stocks
Breaking Hot Stocks news story on Nike »

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  • 25

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NNI

Nelnet

$51.32

0.06 (0.12%)

06:55
10/19/17
10/19
06:55
10/19/17
06:55
Hot Stocks
Nelnet to acquire Great Lakes Educational for $150M »

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JNK

SPDR Barclays High Yield Bond

$37.27

0.02 (0.05%)

06:55
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10/19
06:55
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06:55
Technical Analysis
SPDR Barclays High Yield Bond: Pivot points »

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SJB

ProShares Short High Yield

$23.06

-0.035 (-0.15%)

06:55
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Technical Analysis
ProShares Short High Yield: Pivot points »

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06:55
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General news
Oil Action: Front-month WTI futures are down 1.2% »

Oil Action: Front-month…

PLX

Protalix

$0.83

0.176 (26.91%)

06:55
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Conference/Events
Protalix to host special shareholder meeting »

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