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GE Aerospace Raises Earnings Goal on Strong Engine Sales

GE Aerospace Raises Earnings Goal on Strong Engine Sales
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GE Sees Jump in Aerospace Profits as Historic Breakup Nears

GE Sees Jump in Aerospace Profits as Historic Breakup Nears
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GE's Forecast Misses Estimates Ahead of Historic Breakup

(Bloomberg) -- General Electric Co. predicts profit will fall short of Wall Street’s expectations in its final quarter ahead of a long-planned breakup.Most Read from BloombergChina Weighs Stock Market Rescue Package Backed by $278 BillionIndia Tops Hong Kong as World’s Fourth-Largest Stock MarketAn Isolated Israel Doubles Down on War in Gaza — At All CostsNetflix Pays $5 Billion for ‘Raw’ in Bet on Live EventsHong Kong Stocks at 36% Discount Show True Depth of China GloomAdjusted earnings will b

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GE sees slower growth in LEAP engine deliveries amid supply snags

General Electric Co. Chief Executive Officer Larry Culp mingles with shareholders at the company’s annual meeting in Tarrytown, New York, U.S., May 8, 2019.…

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GE cancels stock awards for CEO, cutting USD 14 mn of its pay

General Electric (GE) cancelled stock awards for Chief Executive Officer Larry Culp originally valued at USD 20 million, saying the company had failed to reach minimum performance thresholds necessary for the executive to take full title to the shares, The Wall Street Journal reported.

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Business News | GE Cancels Stock Awards for CEO, Cutting USD 14 Mn of Its Pay

Get latest articles and stories on Business at LatestLY. The move, made by the board last month, wiped out USD 5 million of the USD 8.2 million in total compensation the company reported for Culp for 2022, as well as a tranche of shares originally valued at USD 15 million when it was awarded in 2020, WSJ said. Business News | GE Cancels Stock Awards for CEO, Cutting USD 14 Mn of Its Pay.

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GE cancels stock awards for CEO, cutting USD 14 mn of its pay

GE cancels stock awards for CEO, cutting USD 14 mn of its pay
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GE cancels stock awards for CEO, cutting USD 14 mn of its pay

GE cancels stock awards for CEO, cutting USD 14 mn of its pay
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