GE Aerospace has emerged from the former GE conglomerate as a formidable and focused turbine engine producer, powering about three of every four commercial airline flights.
GE Aerospace blew past Wall Street’s expectations for fourth-quarter and full-year 2024 earnings, and it issued better financial guidance for 2025 than what most financial analysts were forecasting.
Stocks closed solidly higher on Thursday for the fourth straight session as investor optimism about the Trump administration continues to run high.
Shares of industrial and transportation companies rose after strong earnings. GE Aerospace soared after the maker of plane engines, formerly known as General Electric, posted fourth-quarter earnings ...
The S&P 500 gained 0.5% on Thursday, Jan. 23, reaching a record close as President Donald Trump pressed for lower oil prices ...
Electronic Arts tumbles after cutting guidance because of underperformance in its soccer game titles, while Arm Holdings and Nvidia give back gains following sharp moves higher after the announcement ...
At 4:00 p.m. ET (21:00 GMT), the S&P 500 index closed 0.5% higher to a record of 6,118.72, while the Dow Jones Industrial Average rose 408 points, or 0.9%, and the NASDAQ Composite added 0.2%.
GE Aerospace posts strong Q3 results, announces $7B stock buyback; shares soar. American Airlines expects a significant Q4 ...
Material shortages and other supply chain problems held back GE Aerospace's engine production last year, with the company delivering 10% fewer CFM International Leap turbofans than it did in 2023.
GE Aerospace on Thursday forecast a stronger profit for the year after its fourth-quarter earnings exceeded Wall Street ...
GE Aerospace was long considered one of the crown jewels inside of the General Electric conglomerate. Now independent, the company is demonstrating to investors what it is capable of. GE earned $1.32 ...
GE Aerospace exceeded expectations in Q4 2024, showcasing strong financial performance and strategic growth initiatives.