Latest News for: Industrial conglomerate

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Two recent buyouts to help RIL challenge Nykaa’s turf

The Times of India 25 Jan 2022
Reliance Industries’ omnichannel beauty platform, which will rival Nykaa, is being jointly developed by two of its recent acquisitions—retail tech startup Fynd and e-pharmacy Netmeds.
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GE forecasts higher profit, cash flow in 2022

Metro USA 25 Jan 2022
The Boston-based industrial conglomerate expects adjusted profit in the range of $2.80 per share to $3.50 per share in 2022, compared with $1.71 per share last year ... It generated $3.8 billion in free cash flow from industrial ...
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GE forecasts higher earnings for 2022 after supply chain woes hit quarterly revenue

RTE 25 Jan 2022
The Boston-based industrial conglomerate expects adjusted profit in the range of $2.80 per share to $3.50 per share in 2022, compared with $1.71 per share last year ... It generated $3.8 billion in free cash flow from industrial operations during the quarter, down about $500m from a year earlier. .
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GE: Q4 Earnings Snapshot

San Francisco Chronicle 25 Jan 2022
BOSTON (AP) _ General Electric Co ... The results missed Wall Street expectations ... The industrial conglomerate posted revenue of $20.3 billion in the period, also falling short of Street forecasts ... _____.
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GE's Sales Decline 3%, Hit by Supply-Chain Woes

Wall Street Journal 25 Jan 2022
The Boston conglomerate reported free cash flow from its industrial operations of $3.8 billion, bringing the ...
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GE forecasts higher earnings in 2022 after supply chain woes hit quarterly revenue

Metro USA 25 Jan 2022
By Rajesh Kumar Singh ... The Boston-based industrial conglomerate expects adjusted profit in the range of $2.80 per share to $3.50 per share in 2022, compared with $1.71 per share last year ... It generated $3.8 billion in free cash flow from industrial operations during the quarter, down about $500 million from a year earlier ... .
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GE expects return to revenue growth in 2022

Seattle PI 25 Jan 2022
General Electric Co ... The company's stock fell 6% at the opening bell ... The results are based on the company's prior three-column reporting format, which showed industrial operations separately from its financial services operations ... The industrial conglomerate posted revenue of $20.3 billion in the quarter, compared with $21.03 billion a year earlier ... .
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Indian shares fall amid Fed, Ukraine anxiety; Axis Bank surges

Reuters 25 Jan 2022
The blue-chip NSE Nifty 50 index (.NSEI) was down 0.39% at 17,081.65 by 0440 GMT, while the S&P BSE Sensex (.BSESN) fell 0.48% to 57,212.83, after falling up to 1.9% earlier in the session ... Register ... Oil-to-retail conglomerate Reliance Industries (RELI.NS), India's most valuable company, slid 3% to an over one-month low ... Register ... ....
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Wall St slides over 2% as tech rout deepens; Fed meeting eyed

Live Mint 25 Jan 2022
U.S ... MINT PREMIUM See All ... ET, the Dow Jones Industrial Average was down 764.89 points, or 2.23%, at 33,599.61, the S&P 500 was down 115.61 points, or 2.62%, at 4,294.52, and the Nasdaq Composite was down 395.35 points, or 2.85%, at 13,459.78 ... General Electric Co fell 8.4% after the industrial conglomerate posted downbeat quarterly revenue ... .
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GE’s shares fall as supply-chain woes hit Q4 revenue

Metro USA 25 Jan 2022
CHICAGO (Reuters) -General Electric Co on Tuesday reported in a decline in quarterly revenue amid persistent global supply chain disruptions, sending its shares lower. The Boston-based industrial conglomerate said it was facing supply-chain issues across all of its businesses, but the problem remained most acute at its healthcare unit ... .
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Futures tumble as tech selloff deepens; Fed meeting eyed

Metro USA 25 Jan 2022
By Bansari Mayur Kamdar and Devik Jain. (Reuters) -Wall Street futures fell on Tuesday as a selloff in technology stocks ahead of the Federal Reserve’s policy meeting overshadowed upbeat results from blue-chip companies including IBM and 3M ... General Electric Co fell 4.3% after the industrial conglomerate posted downbeat quarterly revenue ... .
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GE's shares fall as supply-chain woes hit Q4 revenue

Reuters 25 Jan 2022
CHICAGO, Jan 25 (Reuters) - General Electric Co on Tuesday reported in a decline in quarterly revenue amid persistent global supply chain disruptions, sending its shares lower. The Boston-based industrial conglomerate said it was facing supply-chain issues across all of its businesses, but the problem remained most acute at its healthcare unit ... ....
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GE’s sales decline 3%, hit by supply-chain woes

Live Mint 25 Jan 2022
General Electric Co ... The Boston conglomerate reported free cash flow from its industrial operations of $3.8 billion, bringing the full-year total to $5.1 billion, and projected 2022 cash flow of $5.5 billion to $6.5 billion ... It hadn’t yet provided its projections for 2022. GE had industrial cash flow of $9 billion in 2016 ... MINT PREMIUM See All ... .
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Sensex makes a big comeback after falling 1000 points. Has it made a near-term bottom?

Live Mint 25 Jan 2022
Sensex, which earlier fell as much as 1080 points earlier in the session in line with global peers, climbed over 350 points to settle at 57,858, while Nifty closed 0.75% higher at 17,277 ... Oil-to-retail conglomerate Reliance Industries, India's most valuable company, settled 0.2% lower after falling as much as 3% earlier in the session ...  .  .
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