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Showing posts with the label October 01

Larry Culp as incoming CEO of GE will be a positive catalyst for stocks: Analyst

Larry Culp as incoming CEO of GE will be a positive catalyst for stocks: Analyst https://cnb.cx/2y58MDR Justin Bergner of Gabelli & Company weighs in on Larry Culp succeeding John Flannery as CEO of GE. https://ift.tt/2PddWW7 October 01, 2018 at 05:46PM Energy https://cnb.cx/2KU3Ztw

Brent oil prices near Nov. 2014 highs ahead of US sanctions against Iran

Brent oil prices near Nov. 2014 highs ahead of US sanctions against Iran https://cnb.cx/2Ng14fZ Oil prices nodded up on Tuesday as they neared a four-year high touched in the last session. https://ift.tt/2PddWW7 October 01, 2018 at 03:31PM Energy https://cnb.cx/2KU3Ztw

General Electric should have given Flannery 'a year and a half at least': Jeff Sonnenfeld

General Electric should have given Flannery 'a year and a half at least': Jeff Sonnenfeld https://cnb.cx/2QlWcaU General Electric should have given ousted CEO John Flannery at least six more months to make his turnaround plan work, Yale management guru Jeffrey Sonnenfeld told CNBC on Monday. https://ift.tt/2PddWW7 October 01, 2018 at 09:02AM Energy https://cnb.cx/2KU3Ztw

Oil surges above $75 to the highest level since November 2014

Oil surges above $75 to the highest level since November 2014 https://cnb.cx/2OspCXF U.S. crude prices approached a nearly four-year high on signs that sanctions are shrinking Iranian crude exports and as North American trade tensions ease. https://ift.tt/2PddWW7 October 01, 2018 at 08:31AM Energy https://cnb.cx/2KU3Ztw

GE shares soar after company suddenly dumps John Flannery as CEO

GE shares soar after company suddenly dumps John Flannery as CEO https://cnb.cx/2NbHa5v General Electric abruptly removed John Flannery as chairman and CEO and named former Danaher CEO Lawrence Culp as successor. GE also will take a $23 billion noncash charge for its struggling power business. https://ift.tt/2PddWW7 October 01, 2018 at 01:06AM Energy https://cnb.cx/2KU3Ztw

The problems at GE's troubled power unit can't be fixed quickly

The problems at GE's troubled power unit can't be fixed quickly https://cnb.cx/2y5eCW1 Frustration with the pace of change contributed to the ouster of GE CEO John Flannery, but problems in the industrial company's power business defy a quick fix. https://ift.tt/2PddWW7 October 01, 2018 at 07:02AM Energy https://cnb.cx/2KU3Ztw

Tesla made a record 80,000 vehicles last quarter, report says

Tesla made a record 80,000 vehicles last quarter, report says https://cnb.cx/2P319Fx An unnamed source told electric vehicle blog Electrek that Tesla made almost as many cars in the third quarter as it did in the previous two quarters combined.  https://ift.tt/2PddWW7 October 01, 2018 at 04:19AM Energy https://cnb.cx/2KU3Ztw

OPEC 'powerless to prevent' oil prices jumping toward $100 a barrel this year

OPEC 'powerless to prevent' oil prices jumping toward $100 a barrel this year https://cnb.cx/2DLtzmd OPEC kingpin Saudi Arabia is ill-equipped to prevent a supply shock in the energy market, analysts told CNBC on Monday, as oil traders prepare for the possibility of $100 a barrel before year-end. https://ift.tt/2PddWW7 October 01, 2018 at 02:17AM Energy https://cnb.cx/2KU3Ztw