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The Largest Publicly Traded Industrial Company In The US [Yahoo! Finance]
Last ge aerospace earnings: 4/30 04:02 pm
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Manufacturing In the US: At A Glance The manufacturing sector is a strong pillar of the US economy. According to the data from the Bureau of Economic Analysis, in the fourth quarter of 2023, the manufacturing industry made up 10.3% of the total economic output or GDP in the US. The large share corresponds to almost $2.8 trillion in nominal added value. In terms of real value, Industrials as a sector in the US surged almost 8.5%. The increase corresponded to the 0.85% contribution to the GDP during this time. Factors including softening demand for goods and higher borrowing costs and interest rates caused a slump in production at the US factories during March and April of 2024. However, the momentum is getting restored reflected in the latest numbers published by the Federal Reserve. On June 18, the Federal Reserve reported that industrial production increased 0.9% in May. Manufacturing output also experienced a 0.9% increase in May after going through a decline during the previou
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NEWS
- GE Aerospace Extends CEO Culp's Contract Through 2027 [Financial Post (Toronto, Ontario, Canada)][Financial Post]
- Global Digital X-Ray Equipment Market is Expected to Grow at a CAGR of 4.2% over the Forecast Period (2024 – 2034): A Report by The Niche Research [Yahoo! Finance][Yahoo! Finance]
- 3D Imaging Market Size Is Expected to Reach USD 165.3 Bn by 2032, at 19.8% CAGR: Dimension Market Research [Yahoo! Finance][Yahoo! Finance]
- General Electric (NYSE: GE) had its price target raised by analysts at UBS Group AG from $201.00 to $209.00. They now have a "buy" rating on the stock.[MarketBeat]
- Global Power Transformer Industry Research 2024-2029: Growing Need to Modernize and Upgrade Aging Power Infrastructure in Various Regions Fueling Expansion [Yahoo! Finance][Yahoo! Finance]
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GE
SEC Filings
SEC Filings
- 7/1/24 - Form 8-K
- 6/21/24 - Form 8-K
- 6/11/24 - Form 11-K
- GE's page on the SEC website
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