General Electric Co. (GE)

Index:

S&P 100

$ 159.73
   
  • Change Today:
    $0.00
  • 52 Week High: $180.12
  • 52 Week Low: $104.92
  • Currency: US Dollars
  • Shares Issued: 1,088.42m
  • Volume: 15,456
  • Market Cap: $173,853m
  • RiskGrade: 177

GE Capital sheds systemically important label

By Alexander Bueso

Date: Wednesday 29 Jun 2016

LONDON (ShareCast) - (ShareCast News) - Regulators Stateside took GE Capital, General Electric´s finance arm, off their list of "systemically important" firms, potentially opening the way for the company to be able to increase its level of gearing.
The decision followed a vote by the US Financial Stability Oversight Council this week.

US Treasury Secretary Jack Lew said the decision, which followed the sale of nearly $156bn of GE Capital´s businesses in order to avoid onerous regulations, showed that such a designation was a two-way process.

As of 15:10 BST shares in GE were higher by 1.59% to $30.42.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

General Electric Market Data

Currency US Dollars
Share Price $ 159.73
Change Today $ 0.00
% Change 0.00 %
52 Week High $180.12
52 Week Low $104.92
Volume 15,456
Shares Issued 1,088.42m
Market Cap $173,853m
RiskGrade 177

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