Intel And Walgreens Lead The Dow Jones Lower Friday
U.S. indices were trading lower Friday after St. Louis Fed President Bullard suggested rate hikes could come in late 2022 and said the Fed has opened taper discussions this week.
Here’s Where General Electric Stock Could Find Support
General Electric Co. (NYSE: GE) shares were moving down Friday following the company’s announcement of a 1-for-8 reverse split with an effective date of Aug. 2, 2021 that was approved by shareholders last month.
General Electric was down 0.23% at $12.97 at last check.
Plastics Express Bringing Jobs, Port Business To Houston Area
A California-based plastics resin logistics company is bringing 50 jobs to the new $75 million Cedar Port Logistics Center near Port Houston.
Why GE Shares Are Moving Today
General Electric Company (NYSE: GE) shares are trading higher by 1.1% at $13.84 Monday morning after CNBC reporter Phil LeBeau tweeted "GE Aviation and Safran to develop new commercial airplane engine that will be 20% more fuel effi
‘GE Aviation and Safran to develop new commercial airplane engine that will be 20% more fuel efficient and have 20% lower emissions. CFM plan is to have engine in service by mid 2030’s.’ -CNBC Reporter
https://twitter.com/Lebeaucarnews/status/1404420029051965440
This Day In Market History: Kidder, Peabody & Co. Pays $25M Insider Trading Settlement
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date.
What Happened? On this day in 1987, Kidder, Peabody & Co. paid a $25.3-million fine for insider trading.
Where The Market Was: The Dow closed at 2,337.08. The S&P 500 traded at around 295.09.