GE’s stock hit by report that engine sales to China could be blocked
Shares of General Electric Co. GE, -0.85% dropped 1.8% in premarket trading Tuesday, after The Wall Street Journal reported over the weekend that the Trump Administration is considering a proposal to block GE's joint venture with France-based Safran S.A. SAFRY, +0.03% SAF, -0.24% from selling jet engines to China. GE's stock is on track for a third-straight decline--it has lost 2.5% over the past two sessions--since closing at a 19-month high of $13.16 on Feb. 12.
#div-gpt-ad-1569967089584-0 > div > iframe { width: 100% !important; min-width: 300px; max-width: 800px; }
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Trump administration considers proposing new tax incentives for stock buying: reportThe Trump administration is considering making it possible for Americans to invest more in the stock market on a tax-free basis, according to a report on...
Read more »
Trump responds to Obama's Presidents Day tweet, calls it a 'con job'The president attacked his predecessor on Twitter after the latter took credit 'for more than a decade of economic growth and the longest streak of job creation in American history.'
Read more »
John Oliver Gives Laura Ingraham Credit For Seeing William Barr-Donald Trump “Rift” As A RuseJohn Oliver opened his seventh season of HBO’s Last Week Tonight by taking aim at the media hyping a potential rift between William Barr and Donald Trump, after the attorney general complaine…
Read more »
Trump, Bill Barr, and the arrival of the worst-case scenarioWhen it comes to the politicization of the justice system, we appear to have arrived at the worst-case scenario.
Read more »