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NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. AT&T Inc. fell. 7 percent to $32.51 with 29,042,800 shares traded. Alcoa Inc. rose. 1 percent to $13.46 with 23,252,700 shares traded.
Patrick Kaser, Brandywine Global, sees downside risk in General Electric.
CNBC's Kate Rogers reports on General Electric's latest earnings.
General Electric Co. rose$. 06 or. 2 percent, to $27.34. Snap-On fell $2.60 or 1.8 percent, to $145.53. Whirlpool Corp. fell $1.95 or 1.0 percent, to $189.40.
Global equities lost ground on Friday as traders grappled with an outage of Bloomberg financial terminals and fears of a regulatory clampdown.
*China action deepens worry of short-selling. April 17- Wall Street opened sharply lower on Friday, with the major indexes falling one percent or more, on investor concerns over a clampdown on margin trading in China and a number of disappointing earnings reports from U.S. corporations. Shares of Honeywell International shares dropped 2 percent to $101.53...
Investors piled into safe harbors as fears rose over a Greek exit on Friday, sending bond yields tumbling.
*China action deepens worry of short-selling. April 17- U.S. stock index futures pointed to a lower opening on Friday on investor concerns over reports of a regulatory clampdown on trading in China, a move that potentially would be negative for a recently flow of money into Chinese exchanges. "There restrictions on short selling have been lifted in China and when...
STAMFORD, Conn. _ Synchrony Financial on Friday reported first-quarter profit of $552 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 64 cents per share. Three analysts surveyed by Zacks expected $2.7 billion.
U.S. stock index futures pointed to a lower open on Wall Street on Friday, as investors eyed declines in overseas markets and looked at inflation data that could influence Federal Reserve policy on interest rates.
LONDON, April 17- Rolls-Royce has won a $9.2 billion deal to supply engines for 50 A380 aircraft for Dubai's Emirates airline, the largest order in its history and giving it a boost after a torrid year of profit warnings. It is the first time the Gulf carrier has ordered Rolls-Royce engines for its superjumbo fleet, the rest of which is powered by Engine Alliance, a...
General Electric delivered quarterly earnings that beat analysts' estimates by a penny a share.
April 17- General Electric Co's quarterly industrial earnings rose 9 percent, helped by cost cuts that expanded profit margins, as the U.S. conglomerate banks on manufacturing of jet engines, turbines and other big-ticket products as it unloads most of its finance business. Overall, GE posted a first-quarter net loss of $13.6 billion, or $1.35 per share.
Some of the names on the move ahead of the open.
*At 8:30 a.m. EDT, U.S. consumer inflation data for March will be released, followed by the University of Michigan survey on consumer confidence, at 10:00 a.m.. *Shares of General Electric were down 0.5 percent at $27.15 after the company posted a net loss of $13.6 billion. Results were weighed by $16 billion in charges tied to its divestment of GE Capital assets.
*Traders cite China clampdown fears, Bloomberg outage. LONDON, April 17- Global equities lost ground on Friday as traders grappled with an outage of Bloomberg financial terminals and fears of a regulatory clampdown on trading in China. "Traders had to catch up with that news after the Bloomberg terminals came back online, and that's when we saw the falls in Europe."
Nick Heymann, William Blair & Company analyst, weighs in on General Electric's quarterly results and the impact of a strong dollar on earnings.
April 17- General Electric Co said on Friday its quarterly industrial profit rose 9 percent helped by improved profit margins, as the U.S. conglomerate shifts more to manufacturing of jet engines, turbines and other big-ticket products and splits from finance. Results were weighed down by about $16 billion in charges tied to its exit of GE Capital assets.
NEW YORK— The industrial heart of General Electric, the company's new focus, posted lower revenue and earnings in the first quarter amid an enormous overall loss resulting from its recently-announced sale of most of the assets in its finance subsidiary. Adjusted earnings per share fell 6 percent to 31 cents, a penny better than analysts polled by Zacks...
April 17- General Electric Co said on Friday its quarterly industrial profit rose 9 percent as it focuses more on its manufacturing businesses, helped by improved profit margins. Overall, GE posted a first-quarter net loss of $13.6 billion, or $1.35 per share. Results were weighed down by about $16 billion in charges tied to its exit of GE Capital assets, which the...