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Genpact (G): Buy, Sell, or Hold Post Q2 Earnings?
StockStory7d agoneutral
Genpact (G): Buy, Sell, or Hold Post Q2 Earnings?

Over the last six months, Genpact’s shares have sunk to $35.20, producing a disappointing 8.2% loss - a stark contrast to the S&P 500’s 12.9% gain. This may have investors wondering how to approach the situation.

Surging Oil Prices Singe GE Aerospace
The Wall Street Journal9d agoneutral
Surging Oil Prices Singe GE Aerospace

Soaring oil prices are hurting shares of once high-flying aviation suppliers, with engine maker GE Aerospace suffering the brunt of the selloff. Its shares were down about 3% midday at $308.50, extending a nearly weeklong slump for the manufacturer.

Why Is Boeing Stock Falling While Revenue Soars Past Peers?
Trefis9d agobullish
Why Is Boeing Stock Falling While Revenue Soars Past Peers?

Boeing (BA) grew revenue faster over the past twelve months than any of its aerospace and defense peers, GE Aerospace included, and its stock still fell. It is also the only one in that group running an operating loss. The growth has come with rising airplane deliveries, and the market is waiting to see whether those airplanes earn a margin.

GE to Buy Consolidated Precision Products for $11.75B
Bloomberg15d agobullishVIDEO
GE to Buy Consolidated Precision Products for $11.75B

Bloomberg's Kiel Porter joins Scarlet Fu on "Bloomberg Deals." GE Aerospace agreed to buy castings manufacturer Consolidated Precision Products from Warburg Pincus and Berkshire Partners for $11.75 billion, a deal that will significantly expand the jet-engine manufacturer's capacity for the critical components.

Journal-News, Hamilton, Ohio15d agoneutral
GE Aerospace makes $11.75B Ohio acquisition

GE Aerospace, which employs thousands of employees in the region, is acquiring a large Ohio manufacturer in a a nearly $12 billion dollar deal. GE Aerospace said it has signed an agreement to acquire Consolidated Precision Products, a Cleveland-based manufacturer of castings. The purchase will be from private investment firms Warburg Pincus and Berkshire Partners. “Investing in ...

Dayton Daily News, Ohio16d agoneutral
GE Aerospace makes $11.75B Ohio acquisition

GE Aerospace, which employs thousands of employees in the region, is acquiring a large Ohio manufacturer in a a nearly $12 billion dollar deal. GE Aerospace said it has signed an agreement to acquire Consolidated Precision Products, a Cleveland-based manufacturer of castings. The purchase will be from private investment firms Warburg Pincus and Berkshire Partners. “Investing in ...

⚡Flash Heard: GE Takes Blade Manufacturing In-House
The Wall Street Journal16d agoneutral
⚡Flash Heard: GE Takes Blade Manufacturing In-House

GE Aerospace on Tuesday said it will buy Consolidated Precision Products, a maker of blade and vanes for jet engines, for $11.75 billion. CPP is one of the four major manufacturers of the blades and vanes that go into jet engines and power-generating natural gas turbines. GE has been a customer of CPP for over 15 years, according to its announcement.

SpaceX Attempted to Acquire AI Coding Startup Cognition
Bloomberg36d agoneutral
SpaceX Attempted to Acquire AI Coding Startup Cognition

SpaceX approached artificial intelligence coding startup Cognition AI Inc. about a potential acquisition, according to people familiar with the matter, in what would have been its second large takeover in recent months to gain ground in the AI race.

GE Aerospace, AI Play Lead Five Stocks Near Buy Points
Investor's Business Daily54d agobullish
GE Aerospace, AI Play Lead Five Stocks Near Buy Points

GE Aerospace and NetApp, whose enterprise data storage has made it an AI infrastructure play, lead this weekend's list of five stocks near buy points, which are showing relative strength in a tricky market. Joining GE and NTAP is oncology diagnostics firm Guardant Health. Guardant Health is part of the IBD Leaderboard portfolio of elite stocks and Viking is on the watchlist for possible inclusion.

IBD Stock Of The Day: GE Aerospace Rises In Buy Zone After Earnings Letdown
Investor's Business Daily55d agobullish
IBD Stock Of The Day: GE Aerospace Rises In Buy Zone After Earnings Letdown

GE Aerospace stock rose on Friday, capping a week of gains that left it squarely within a buy zone. Shares rose 1.5% as they rebounded from key technical support. Like most aerospace stocks, GE Aerospace has had a year of ups and downs that has nonetheless yielded gains thus far.

Jim Cramer spots overlooked winner after aerospace split
TheStreet55d agoneutral
Jim Cramer spots overlooked winner after aerospace split

Honeywell’s spin-off into three separate public businesses from its massive industrial giant is complete. Investors are just beginning the hard part, Jim Cramer says. The CNBC host sees Honeywell Technologies (HON) and new independent Honeywell Aerospace (HONA) as an interesting long-term setup, ...