Intel stock spikes after report of possible US government stake
General Electric Co (NYSE:GE), currently trading near its 52-week high at $266.18, announced its second-quarter 2025 financial results Thursday. The company, operating as GE Aerospace, made the report available on its investor relations website. The stock has demonstrated remarkable strength, delivering a 71% return over the past year.
The filing with the Securities and Exchange Commission stated that the financial results were released and attached as an exhibit to the Form 8-K. With six analysts recently revising earnings estimates upward and a strong buy consensus, investors eagerly await the detailed earnings presentation scheduled for July 17, 2025. InvestingPro analysis reveals 16 additional key insights about GE’s financial health and market position.
General Electric’s common stock and several notes, including the 1.875% Notes due 2027 (NYSE:GE 27E), 1.500% Notes due 2029 (NYSE:GE 29), 7.5% Guaranteed Subordinated Notes due 2035 (NYSE:GE /35), and 2.125% Notes due 2037 (NYSE:GE 37), are listed on the New York Stock Exchange.
This information is based on a press release statement and the company’s SEC filing.
In other recent news, Air India has completed its inspection of the fuel control switches on its Boeing (NYSE:BA) 787 aircraft fleet and reported no issues, according to Indian broadcaster NDTV. This comes after the tragic crash of an Air India Boeing 787-8 Dreamliner, which had a clean engine history as stated by the company’s chairman, N. Chandrasekaran. The aircraft was equipped with GEnx engines manufactured by GE Aerospace. Meanwhile, Bernstein has reiterated an Outperform rating on GE Aerospace stock with a price target of $254.00, ahead of the company’s upcoming second-quarter earnings report. Bernstein anticipates positive trends in spare parts and maintenance, which are crucial for earnings growth, despite challenges in meeting LEAP engine delivery targets. In other developments, the National Transportation Safety Board (NTSB) issued an urgent safety alert regarding potential smoke hazards in aircraft equipped with CFM International LEAP-1B engines, used on Boeing 737 Max jets. The safety alert follows incidents involving smoke in the cockpit after bird strikes damaged the engines. Additionally, Watts Water Technologies (NYSE:WTS) announced the appointment of Ryan Lada as its new Chief Financial Officer, effective July 28, 2025. Lada will succeed Shashank Patel, who is retiring after seven years as CFO.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.