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profishingrods.com December 17, 2017


GE Layoffs: General Electric Company to Cut 12000 Jobs

07 December 2017, 08:55 | Joann Bryant

The logo of General Electric is seen at its plant in Baden Switzerland

The logo of General Electric is seen at its plant in Baden Switzerland

If the number is at zero (0) then there is no evidence of fraudulent book cooking, whereas a number of 6 indicates a high likelihood of fraudulent activity. It has underperformed by 21.16% the S&P500.

Novare Capital Management Llc decreased its stake in General Electric (GE) by 31.82% based on its latest 2017Q2 regulatory filing with the SEC. The stock was bought at an average cost of $18.24 per share, with a total value of $100,320.00. Capital World Investors grew its stake in General Electric by 8.6% in the 2nd quarter. General Electric Co now has $153.15 billion valuation. Its opening price on the last trading day was $17.76. About 43.91 million shares traded.

General Electric Company (GE) has a Return on Assets of 2 percent, Return on Investment of 5.1 percent and a Return on Equity of 9.4 percent. Comcast Corporation (NASDAQ:CMCSA) has risen 28.96% since December 7, 2016 and is uptrending. (NYSE:AEP) to report earnings on January, 25. The conglomerate reported $0.29 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.49 by ($0.20).

The company's diluted EPS for trailing twelve months was 0.86. The company's revenue for the quarter was up 11.5% on a year-over-year basis. equities research analysts expect that General Electric Company will post 1.07 earnings per share for the current year.




Crow Point Partners Llc, which manages about $937.00M and $607.94 million US Long portfolio, upped its stake in Spark Energy Inc.

GE's Power division, which makes the massive turbines used to generate electricity in hydropower and fossil-fuel plans, is the company's largest segment by revenue and it has been performing poorly. General Electric Company's institutional ownership is 57.4%, while its institutional transactions stand at 1.98%. (NYSE:TGNA) is -0.174331. Free cash flow (FCF) is the cash produced by the company minus capital expenditure. Therefore 40% are positive. Wells Fargo & Company MN boosted its position in shares of American Electric Power Company by 16.2% in the first quarter. The ex-dividend date of this dividend is Thursday, November 9th. The company has an average rating of "Hold" and an average price target of $24.31. National Bank Canada maintained the stock with "Sector Perform" rating in Friday, November 6 report. (NYSE:AEP) for 33,202 shares. Mizuho downgraded American Electric Power Company, Inc. The firm earned "Market Perform" rating on Friday, July 22 by Raymond James. Mizuho has "Hold" rating and $73.0 target. The rating was maintained by Barclays Capital with "Overweight" on Monday, October 5. As per Thursday, July 23, the company rating was maintained by Pivotal Research.

Investors sentiment increased to 1.09 in Q2 2017. For the most recent quarter, quick ratio was 0, current ratio was 0, LT Debt/Equity ratio was 1.42 and Total Debt/Equity ratio stands at 1.79, while Payout ratio is 1.172. The stock's 50-day moving average price is $68.44 and its 200-day moving average price is $64.87. 72 funds opened positions while 245 raised stakes. The hedge fund held 2.34 million shares of the television services company at the end of 2017Q2, valued at $90.97M, up from 2.32M at the end of the previous reported quarter. Dowling Yahnke Ltd Liability Co stated it has 0.74% of its portfolio in General Electric Company (NYSE:GE). (NYSE:AEP). Spirit Of America Mgmt reported 7,920 shares. Waverton Invest Mngmt Limited holds 365,926 shares. Blue Fin Capital reported 0.21% of its portfolio in American Electric Power Company, Inc.

American Electric Power (NYSE:AEP) last released its earnings results on Thursday, October 26th. Meeder Asset Management Inc. now owns 5,333 shares of the utilities provider's stock worth $375,000 after purchasing an additional 3,486 shares during the last quarter.



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