GE stock pops as profit beats amid 'rapid growth' in aviation business

) stock rose as much as 7% on Tuesday after the industrial icon posted a quarterly profit beat and raised guidance, citing its fast-growing aerospace business.

While navigating supply chain issues, the industrial giant's year-to-date commercial engine deliveries are up 30%. Technicians build LEAP engines for jetliners at a new, highly automated General Electric factory in Lafayette, Indiana, U.S. on March 29, 2017. Picture taken on March 29, 2017. REUTERS/Alwyn Scott

Once the the renewable unit is spun off, GE will be focused on its aviation business, called GE Aerospace. It will continue to be listed as GE on the New York Stock Exchange. 'This makes me so mad': Kevin Hart, Mark Cuban regret passing on the chance to invest in this multibillion-dollar company in its early stages — here's why it haunts them to this dayRated lowest margin fees by StockBrokers.com. Borrow against your securities at low cost. Rates subject to change. Your capital is at risk.Air Canada stock got severely beaten down in the March 2020 COVID crash. Here's why it's probably not going lower.

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Stock market today: Wall Street drifts lower as pressure rises from the bond marketNEW YORK (AP) — Wall Street is drifting lower in early trading as pressure from the bond market continues to build. The S&P 500 was down 0.5% early Monday. The Dow lost 171 points, and the Nasdaq composite was off 0.6%.
مصدر: SooToday - 🏆 8. / 85 اقرأ أكثر »

Stock market today: Wall Street opens higher as pace picks up for corporate profitsNEW YORK (AP) — Stocks are opening higher on Wall Street after Coca Cola, General Electric and other big companies reported fatter profits for the summer than expected. The S&P 500 was 0.
مصدر: SooToday - 🏆 8. / 85 اقرأ أكثر »

Wall Street climbs as bond selloff eases, earnings lift moodKitco News collects and features the top financial, economic and geopolitical news from around the world. Kitco's aggregated sources include some of the top newswires in the world including the Association Press, Canadian Press, Japanese Economic Newswire, and United Press International.
مصدر: KitcoNewsNOW - 🏆 13. / 78 اقرأ أكثر »

Centene Raises Outlook as Earnings Beat Wall Street EstimatesCentene Corp. raised its full-year profit outlook after lower-than-expected medical costs helped the health insurer’s third-quarter results handily beat Wall Street expectations.
مصدر: BNNBloomberg - 🏆 83. / 50 اقرأ أكثر »