GE Announced Tons Wednesday. This Was the Real Bombshell._老虎社区_美港股上老虎

GE Announced Tons Wednesday. This Was the Real Bombshell.

Barrons2021-03-10

General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-...

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150

noobieq0000
·2021-03-11
considering
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1
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Lzoakz
·2021-03-11
Hm
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1
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Lanying
·2021-03-11
O
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2
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收起
- Lanying:
  O
  2021-03-11
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Shifeng
·2021-03-11
Reverse split doesn’t affect company performance. GE had renewable energy too, large wind farm provider. I think it do have prospective to take off from the burden of loans.
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TOTHEMOOOOON
·2021-03-11
Cool
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3
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- noobsheet:
  cool yo
  2021-03-11
  回复
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Wallstrtbets
·2021-03-11
Why lidat.
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3
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- Nagoken:
  What is wrong
  2021-03-11
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meowmeowme
·2021-03-11
That's interesting... Still has some GE stocks.
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SSVC
·2021-03-11
Hmmmm. Appreciate your response and comments Thanks
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5
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- meowmeowme:
  hmmmmm
  2021-03-11
  回复
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- SSVC:
  [强][握手]
  2021-03-11
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devil86
·2021-03-11
Good
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Terry1989
·2021-03-11
Good?
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3
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- CSYNCTP06:
  Very good
  2021-03-11
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- KWHChye:
  Good
  2021-03-11
  回复
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Potatoe
·2021-03-11
Good
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1
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小白添祥
·2021-03-11
Kindly Give Me A Like & A Comment Please. Thank You Very Much.
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2
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- tungngie:
  i would think this is good as it drives down the price and let smaller retail investors able to get in which may drive up the price again. but yes, it does make existing investors nervous. [微笑] [惊吓]
  2021-03-11
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- Terry1989:
  good news?
  2021-03-11
  回复
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- Green_cow:
  Please like and comment.
  2021-03-11
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Mm101
·2021-03-11
Good
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4
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收起
- Mm101:
  Buy
  2021-03-13
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Vento95
·2021-03-11
Wow
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1
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JiaJun87
·2021-03-11
..
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3
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kk__soh
·2021-03-11
Why reverse split? Cost more damage in the both short and long term
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revilo
·2021-03-11
GE next!
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2
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tzy8888
·2021-03-11
Cool!
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2
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nsk
·2021-03-11
Okay
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1
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naan
·2021-03-11
Suicidal effect if reverse split...i think someone i. Keadership team saving thier job. Lol
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5
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This Was the Real Bombshell.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-10 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-...</p>\n\n<a href=\"https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GE","symbol_name":"GE航空航天","start_time":0,"source_url":"https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA","article_id":"1176282144","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1176282144","pubTimestamp":1615389675,"columns":[],"sourceInfo":{"source_id":"lsy1601382232898","name":"Barrons"},"weMediaInfo":null,"summary":"General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapa","collect":0,"end_time":0,"defaultTopTitle":"barrons.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"GE":"GE航空航天"},"translate_title":"通用电气周三宣布。这才是真正的重磅炸弹。","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GE":0.9},"content_text":"General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-pandemic industrial landscape take a back seat to the conglomerate’s plan for a reverse stock split.\nGeneral Electric (ticker: GE) is proposing to give investors one share for every eight they now hold. That will take its share price to about $112, based on recent levels, reducing the shares outstanding to about 1.1 billion from a little less than9 billion.\nThe question is why? Most companiesspit their stock, creating a lower share price and more shares outstanding, as stock prices rise over time. Companies appear to like to have a stock price at a certain level, following the Goldilocks principle of not too high and not too low.\nThat appears to be the reason for this reverse split, too. A scan of GE’s peers shows share prices in the $100 to $200 range and share counts in the hundreds of millions. GE simply looks like an outlier.\nInvestors like splits. They take them as a sign that things are getting better and that management expects prices to rise in the near future. Reverse splits, on the other hand, can make investors nervous. They can be interpreted as a sign the business is getting worse.\nThe academic data appears to bear that fear out. AJournal of Financestudy partly authored by Nobel laureate Eugene Fama found that splits are favorable and that reverse splits are ominous for one- and three-year forward stock returns. Splitters outperform the market and reverse splitters lag behind it.\nBut there are a few caveats. First, the data set included almost 6,000 stock splits, but fewer than 100 reverse splits. Reverse splits are very rare. It’s tough to make a blanket statement from a small data set.\nWhat is more, many academic papers look at old data. The Fama data set includes stocks trading in the 1970s, 1980s and 1990s. A lot has changed in the marketplace since then.\nOne common theme of stock-split studies, for instance, is a split’s impact on overall liquidity. A lower share price is simply within reach of more shareholders. More investors means more stock trading on any given day. That can make shares less volatile and less risky.\nNow, though, brokers offer share “slices” for as little as $5, essentially giving stock exposure to anyone who wants it, despite the absolute level any stock trades at.\nConcern about a deteriorating business may not be a factor with GE’s reverse split. The company isn’t what it once was, but that is old news. GE stock is down roughly 75% from its all-time high, but the slide happened long ago. CEOLarry Culpwas brought in during 2018 to turn around struggling operations.\nA lot of progress has been made. GE has paid back more than $70 billion in debt over the past few years. Deals such as the jet-leasing sale toAerCap(AER), the sale of the biopharma business toDanaher(DHR) and sales of stock in the oil-services providerBaker Hughes(BKR) are making the reduction possible.\nDespite the pandemic, which devastated demand for travel and the jet-aircraft engines GE makes, the stock is trading at the highest level since Culp took over. Coming into Wednesday, shares were up about30% year to date, far better than comparable gains of theS&P 500andDow Jones Industrial Average.\nInvestors are focusing now on what GE said about its future. GEmaintained its forecastsfor about 20 cents in per-share earnings and about $3.5 billion in free cash flow for 2021. Management says there will be modest growth in the key aviation business.\nThat limited growth would return GE Aviation’s sales to levels realized around 2017, far from their pre-pandemic level in 201. That looks like a cautious call now that vaccines are rolling out across the globe, but Culp is fine with that.\n““We won’t be offended if [anyone] calls us conservative,” he toldBarron’s.\nBeing conservative is probably the right move for GE given all the internal and industrywide challenges the company has faced in recent years.\nThe stock split is neither conservative nor aggressive. But it is another sign things are changing and that GE wants to be viewed as an industrial conglomerate, and not as the hybrid of manufacturing and finance the company became during the 1990s and 2000s.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":321298795,"gmtCreate":1615436328217,"gmtModify":1703489029429,"author":{"id":"3568101627669658","authorId":"3568101627669658","name":"noobieq0000","avatar":"https://static.tigerbbs.com/68678ecc87ea4fbbf52eaff2e75d698f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3568101627669658","idStr":"3568101627669658"},"htmlText":"considering&nbsp;","listText":"considering&nbsp;","text":"considering","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/321298795","repostId":1176282144,"repostType":4,"repost":{"id":"1176282144","kind":"news","pubTimestamp":1615389675,"share":"https://www.laohu8.com/m/news/1176282144?lang=&edition=full","pubTime":"2021-03-10 23:21","market":"us","language":"en","title":"GE Announced Tons Wednesday. This Was the Real Bombshell.","url":"https://stock-news.laohu8.com/highlight/detail?id=1176282144","media":"Barrons","summary":"General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapa","content":"<p>General Electricis having a very busy day, with news that it sold itsjet-leasing business&nbsp;to&nbsp;AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-pandemic industrial landscape take a back seat to the conglomerate’s plan for a reverse stock split.</p>\n<p>General Electric (ticker: GE) is proposing to give investors one share for every eight they now hold. That will take its share price to about $112, based on recent levels, reducing the shares outstanding to about 1.1 billion from a little less than9 billion.</p>\n<p>The question is why? Most companiesspit their stock, creating a lower share price and more shares outstanding, as stock prices rise over time. Companies appear to like to have a stock price at a certain level, following the Goldilocks principle of not too high and not too low.</p>\n<p>That appears to be the reason for this reverse split, too. A scan of GE’s peers shows share prices in the $100 to $200 range and share counts in the hundreds of millions. GE simply looks like an outlier.</p>\n<p>Investors like splits. They take them as a sign that things are getting better and that management expects prices to rise in the near future. Reverse splits, on the other hand, can make investors nervous. They can be interpreted as a sign the business is getting worse.</p>\n<p>The academic data appears to bear that fear out. A<i>Journal of Finance</i>study partly authored by Nobel laureate Eugene Fama found that splits are favorable and that reverse splits are ominous for one- and three-year forward stock returns. Splitters outperform the market and reverse splitters lag behind it.</p>\n<p>But there are a few caveats. First, the data set included almost 6,000 stock splits, but fewer than 100 reverse splits. Reverse splits are very rare. It’s tough to make a blanket statement from a small data set.</p>\n<p>What is more, many academic papers look at old data. The Fama data set includes stocks trading in the 1970s, 1980s and 1990s. A lot has changed in the marketplace since then.</p>\n<p>One common theme of stock-split studies, for instance, is a split’s impact on overall liquidity. A lower share price is simply within reach of more shareholders. More investors means more stock trading on any given day. That can make shares less volatile and less risky.</p>\n<p>Now, though, brokers offer share “slices” for as little as $5, essentially giving stock exposure to anyone who wants it, despite the absolute level any stock trades at.</p>\n<p>Concern about a deteriorating business may not be a factor with GE’s reverse split. The company isn’t what it once was, but that is old news. GE stock is down roughly 75% from its all-time high, but the slide happened long ago. CEOLarry Culpwas brought in during 2018 to turn around struggling operations.</p>\n<p>A lot of progress has been made. GE has paid back more than $70 billion in debt over the past few years. Deals such as the jet-leasing sale toAerCap(AER), the sale of the biopharma business toDanaher(DHR) and sales of stock in the oil-services providerBaker Hughes(BKR) are making the reduction possible.</p>\n<p>Despite the pandemic, which devastated demand for travel and the jet-aircraft engines GE makes, the stock is trading at the highest level since Culp took over. Coming into Wednesday, shares were up about30% year to date, far better than comparable gains of theS&amp;P 500andDow Jones Industrial Average.</p>\n<p>Investors are focusing now on what GE said about its future. GEmaintained its forecastsfor about 20 cents in per-share earnings and about $3.5 billion in free cash flow for 2021. Management says there will be modest growth in the key aviation business.</p>\n<p>That limited growth would return GE Aviation’s sales to levels realized around 2017, far from their pre-pandemic level in 201. That looks like a cautious call now that vaccines are rolling out across the globe, but Culp is fine with that.</p>\n<p>““We won’t be offended if [anyone] calls us conservative,” he told<i>Barron’s</i>.</p>\n<p>Being conservative is probably the right move for GE given all the internal and industrywide challenges the company has faced in recent years.</p>\n<p>The stock split is neither conservative nor aggressive. But it is another sign things are changing and that GE wants to be viewed as an industrial conglomerate, and not as the hybrid of manufacturing and finance the company became during the 1990s and 2000s.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GE Announced Tons Wednesday. 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This Was the Real Bombshell.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-10 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-...</p>\n\n<a href=\"https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GE":"GE航空航天"},"source_url":"https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176282144","content_text":"General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-pandemic industrial landscape take a back seat to the conglomerate’s plan for a reverse stock split.\nGeneral Electric (ticker: GE) is proposing to give investors one share for every eight they now hold. That will take its share price to about $112, based on recent levels, reducing the shares outstanding to about 1.1 billion from a little less than9 billion.\nThe question is why? Most companiesspit their stock, creating a lower share price and more shares outstanding, as stock prices rise over time. Companies appear to like to have a stock price at a certain level, following the Goldilocks principle of not too high and not too low.\nThat appears to be the reason for this reverse split, too. A scan of GE’s peers shows share prices in the $100 to $200 range and share counts in the hundreds of millions. GE simply looks like an outlier.\nInvestors like splits. They take them as a sign that things are getting better and that management expects prices to rise in the near future. Reverse splits, on the other hand, can make investors nervous. They can be interpreted as a sign the business is getting worse.\nThe academic data appears to bear that fear out. AJournal of Financestudy partly authored by Nobel laureate Eugene Fama found that splits are favorable and that reverse splits are ominous for one- and three-year forward stock returns. Splitters outperform the market and reverse splitters lag behind it.\nBut there are a few caveats. First, the data set included almost 6,000 stock splits, but fewer than 100 reverse splits. Reverse splits are very rare. It’s tough to make a blanket statement from a small data set.\nWhat is more, many academic papers look at old data. The Fama data set includes stocks trading in the 1970s, 1980s and 1990s. A lot has changed in the marketplace since then.\nOne common theme of stock-split studies, for instance, is a split’s impact on overall liquidity. A lower share price is simply within reach of more shareholders. More investors means more stock trading on any given day. That can make shares less volatile and less risky.\nNow, though, brokers offer share “slices” for as little as $5, essentially giving stock exposure to anyone who wants it, despite the absolute level any stock trades at.\nConcern about a deteriorating business may not be a factor with GE’s reverse split. The company isn’t what it once was, but that is old news. GE stock is down roughly 75% from its all-time high, but the slide happened long ago. CEOLarry Culpwas brought in during 2018 to turn around struggling operations.\nA lot of progress has been made. GE has paid back more than $70 billion in debt over the past few years. Deals such as the jet-leasing sale toAerCap(AER), the sale of the biopharma business toDanaher(DHR) and sales of stock in the oil-services providerBaker Hughes(BKR) are making the reduction possible.\nDespite the pandemic, which devastated demand for travel and the jet-aircraft engines GE makes, the stock is trading at the highest level since Culp took over. Coming into Wednesday, shares were up about30% year to date, far better than comparable gains of theS&P 500andDow Jones Industrial Average.\nInvestors are focusing now on what GE said about its future. GEmaintained its forecastsfor about 20 cents in per-share earnings and about $3.5 billion in free cash flow for 2021. Management says there will be modest growth in the key aviation business.\nThat limited growth would return GE Aviation’s sales to levels realized around 2017, far from their pre-pandemic level in 201. That looks like a cautious call now that vaccines are rolling out across the globe, but Culp is fine with that.\n““We won’t be offended if [anyone] calls us conservative,” he toldBarron’s.\nBeing conservative is probably the right move for GE given all the internal and industrywide challenges the company has faced in recent years.\nThe stock split is neither conservative nor aggressive. But it is another sign things are changing and that GE wants to be viewed as an industrial conglomerate, and not as the hybrid of manufacturing and finance the company became during the 1990s and 2000s.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":321622916,"gmtCreate":1615430927435,"gmtModify":1703488956973,"author":{"id":"3571099496073631","authorId":"3571099496073631","name":"Lzoakz","avatar":"https://static.tigerbbs.com/1b25fe5f61dfcb3947c3347cb6e1bd6f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3571099496073631","idStr":"3571099496073631"},"htmlText":"Hm","listText":"Hm","text":"Hm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/321622916","repostId":1176282144,"repostType":4,"repost":{"id":"1176282144","kind":"news","pubTimestamp":1615389675,"share":"https://www.laohu8.com/m/news/1176282144?lang=&edition=full","pubTime":"2021-03-10 23:21","market":"us","language":"en","title":"GE Announced Tons Wednesday. This Was the Real Bombshell.","url":"https://stock-news.laohu8.com/highlight/detail?id=1176282144","media":"Barrons","summary":"General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapa","content":"<p>General Electricis having a very busy day, with news that it sold itsjet-leasing business&nbsp;to&nbsp;AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-pandemic industrial landscape take a back seat to the conglomerate’s plan for a reverse stock split.</p>\n<p>General Electric (ticker: GE) is proposing to give investors one share for every eight they now hold. That will take its share price to about $112, based on recent levels, reducing the shares outstanding to about 1.1 billion from a little less than9 billion.</p>\n<p>The question is why? Most companiesspit their stock, creating a lower share price and more shares outstanding, as stock prices rise over time. Companies appear to like to have a stock price at a certain level, following the Goldilocks principle of not too high and not too low.</p>\n<p>That appears to be the reason for this reverse split, too. A scan of GE’s peers shows share prices in the $100 to $200 range and share counts in the hundreds of millions. GE simply looks like an outlier.</p>\n<p>Investors like splits. They take them as a sign that things are getting better and that management expects prices to rise in the near future. Reverse splits, on the other hand, can make investors nervous. They can be interpreted as a sign the business is getting worse.</p>\n<p>The academic data appears to bear that fear out. A<i>Journal of Finance</i>study partly authored by Nobel laureate Eugene Fama found that splits are favorable and that reverse splits are ominous for one- and three-year forward stock returns. Splitters outperform the market and reverse splitters lag behind it.</p>\n<p>But there are a few caveats. First, the data set included almost 6,000 stock splits, but fewer than 100 reverse splits. Reverse splits are very rare. It’s tough to make a blanket statement from a small data set.</p>\n<p>What is more, many academic papers look at old data. The Fama data set includes stocks trading in the 1970s, 1980s and 1990s. A lot has changed in the marketplace since then.</p>\n<p>One common theme of stock-split studies, for instance, is a split’s impact on overall liquidity. A lower share price is simply within reach of more shareholders. More investors means more stock trading on any given day. That can make shares less volatile and less risky.</p>\n<p>Now, though, brokers offer share “slices” for as little as $5, essentially giving stock exposure to anyone who wants it, despite the absolute level any stock trades at.</p>\n<p>Concern about a deteriorating business may not be a factor with GE’s reverse split. The company isn’t what it once was, but that is old news. GE stock is down roughly 75% from its all-time high, but the slide happened long ago. CEOLarry Culpwas brought in during 2018 to turn around struggling operations.</p>\n<p>A lot of progress has been made. GE has paid back more than $70 billion in debt over the past few years. Deals such as the jet-leasing sale toAerCap(AER), the sale of the biopharma business toDanaher(DHR) and sales of stock in the oil-services providerBaker Hughes(BKR) are making the reduction possible.</p>\n<p>Despite the pandemic, which devastated demand for travel and the jet-aircraft engines GE makes, the stock is trading at the highest level since Culp took over. Coming into Wednesday, shares were up about30% year to date, far better than comparable gains of theS&amp;P 500andDow Jones Industrial Average.</p>\n<p>Investors are focusing now on what GE said about its future. GEmaintained its forecastsfor about 20 cents in per-share earnings and about $3.5 billion in free cash flow for 2021. Management says there will be modest growth in the key aviation business.</p>\n<p>That limited growth would return GE Aviation’s sales to levels realized around 2017, far from their pre-pandemic level in 201. That looks like a cautious call now that vaccines are rolling out across the globe, but Culp is fine with that.</p>\n<p>““We won’t be offended if [anyone] calls us conservative,” he told<i>Barron’s</i>.</p>\n<p>Being conservative is probably the right move for GE given all the internal and industrywide challenges the company has faced in recent years.</p>\n<p>The stock split is neither conservative nor aggressive. But it is another sign things are changing and that GE wants to be viewed as an industrial conglomerate, and not as the hybrid of manufacturing and finance the company became during the 1990s and 2000s.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GE Announced Tons Wednesday. This Was the Real Bombshell.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGE Announced Tons Wednesday. This Was the Real Bombshell.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-10 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-...</p>\n\n<a href=\"https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GE":"GE航空航天"},"source_url":"https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176282144","content_text":"General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-pandemic industrial landscape take a back seat to the conglomerate’s plan for a reverse stock split.\nGeneral Electric (ticker: GE) is proposing to give investors one share for every eight they now hold. That will take its share price to about $112, based on recent levels, reducing the shares outstanding to about 1.1 billion from a little less than9 billion.\nThe question is why? Most companiesspit their stock, creating a lower share price and more shares outstanding, as stock prices rise over time. Companies appear to like to have a stock price at a certain level, following the Goldilocks principle of not too high and not too low.\nThat appears to be the reason for this reverse split, too. A scan of GE’s peers shows share prices in the $100 to $200 range and share counts in the hundreds of millions. GE simply looks like an outlier.\nInvestors like splits. They take them as a sign that things are getting better and that management expects prices to rise in the near future. Reverse splits, on the other hand, can make investors nervous. They can be interpreted as a sign the business is getting worse.\nThe academic data appears to bear that fear out. AJournal of Financestudy partly authored by Nobel laureate Eugene Fama found that splits are favorable and that reverse splits are ominous for one- and three-year forward stock returns. Splitters outperform the market and reverse splitters lag behind it.\nBut there are a few caveats. First, the data set included almost 6,000 stock splits, but fewer than 100 reverse splits. Reverse splits are very rare. It’s tough to make a blanket statement from a small data set.\nWhat is more, many academic papers look at old data. The Fama data set includes stocks trading in the 1970s, 1980s and 1990s. A lot has changed in the marketplace since then.\nOne common theme of stock-split studies, for instance, is a split’s impact on overall liquidity. A lower share price is simply within reach of more shareholders. More investors means more stock trading on any given day. That can make shares less volatile and less risky.\nNow, though, brokers offer share “slices” for as little as $5, essentially giving stock exposure to anyone who wants it, despite the absolute level any stock trades at.\nConcern about a deteriorating business may not be a factor with GE’s reverse split. The company isn’t what it once was, but that is old news. GE stock is down roughly 75% from its all-time high, but the slide happened long ago. CEOLarry Culpwas brought in during 2018 to turn around struggling operations.\nA lot of progress has been made. GE has paid back more than $70 billion in debt over the past few years. Deals such as the jet-leasing sale toAerCap(AER), the sale of the biopharma business toDanaher(DHR) and sales of stock in the oil-services providerBaker Hughes(BKR) are making the reduction possible.\nDespite the pandemic, which devastated demand for travel and the jet-aircraft engines GE makes, the stock is trading at the highest level since Culp took over. Coming into Wednesday, shares were up about30% year to date, far better than comparable gains of theS&P 500andDow Jones Industrial Average.\nInvestors are focusing now on what GE said about its future. GEmaintained its forecastsfor about 20 cents in per-share earnings and about $3.5 billion in free cash flow for 2021. Management says there will be modest growth in the key aviation business.\nThat limited growth would return GE Aviation’s sales to levels realized around 2017, far from their pre-pandemic level in 201. That looks like a cautious call now that vaccines are rolling out across the globe, but Culp is fine with that.\n““We won’t be offended if [anyone] calls us conservative,” he toldBarron’s.\nBeing conservative is probably the right move for GE given all the internal and industrywide challenges the company has faced in recent years.\nThe stock split is neither conservative nor aggressive. But it is another sign things are changing and that GE wants to be viewed as an industrial conglomerate, and not as the hybrid of manufacturing and finance the company became during the 1990s and 2000s.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":321823131,"gmtCreate":1615423123023,"gmtModify":1703488810154,"author":{"id":"3571641801586244","authorId":"3571641801586244","name":"Lanying","avatar":"https://static.tigerbbs.com/44079e6feb39117800ea99462f8cae40","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3571641801586244","idStr":"3571641801586244"},"htmlText":"O","listText":"O","text":"O","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/321823131","repostId":1176282144,"repostType":4,"repost":{"id":"1176282144","kind":"news","pubTimestamp":1615389675,"share":"https://www.laohu8.com/m/news/1176282144?lang=&edition=full","pubTime":"2021-03-10 23:21","market":"us","language":"en","title":"GE Announced Tons Wednesday. This Was the Real Bombshell.","url":"https://stock-news.laohu8.com/highlight/detail?id=1176282144","media":"Barrons","summary":"General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapa","content":"<p>General Electricis having a very busy day, with news that it sold itsjet-leasing business&nbsp;to&nbsp;AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-pandemic industrial landscape take a back seat to the conglomerate’s plan for a reverse stock split.</p>\n<p>General Electric (ticker: GE) is proposing to give investors one share for every eight they now hold. That will take its share price to about $112, based on recent levels, reducing the shares outstanding to about 1.1 billion from a little less than9 billion.</p>\n<p>The question is why? Most companiesspit their stock, creating a lower share price and more shares outstanding, as stock prices rise over time. Companies appear to like to have a stock price at a certain level, following the Goldilocks principle of not too high and not too low.</p>\n<p>That appears to be the reason for this reverse split, too. A scan of GE’s peers shows share prices in the $100 to $200 range and share counts in the hundreds of millions. GE simply looks like an outlier.</p>\n<p>Investors like splits. They take them as a sign that things are getting better and that management expects prices to rise in the near future. Reverse splits, on the other hand, can make investors nervous. They can be interpreted as a sign the business is getting worse.</p>\n<p>The academic data appears to bear that fear out. A<i>Journal of Finance</i>study partly authored by Nobel laureate Eugene Fama found that splits are favorable and that reverse splits are ominous for one- and three-year forward stock returns. Splitters outperform the market and reverse splitters lag behind it.</p>\n<p>But there are a few caveats. First, the data set included almost 6,000 stock splits, but fewer than 100 reverse splits. Reverse splits are very rare. It’s tough to make a blanket statement from a small data set.</p>\n<p>What is more, many academic papers look at old data. The Fama data set includes stocks trading in the 1970s, 1980s and 1990s. A lot has changed in the marketplace since then.</p>\n<p>One common theme of stock-split studies, for instance, is a split’s impact on overall liquidity. A lower share price is simply within reach of more shareholders. More investors means more stock trading on any given day. That can make shares less volatile and less risky.</p>\n<p>Now, though, brokers offer share “slices” for as little as $5, essentially giving stock exposure to anyone who wants it, despite the absolute level any stock trades at.</p>\n<p>Concern about a deteriorating business may not be a factor with GE’s reverse split. The company isn’t what it once was, but that is old news. GE stock is down roughly 75% from its all-time high, but the slide happened long ago. CEOLarry Culpwas brought in during 2018 to turn around struggling operations.</p>\n<p>A lot of progress has been made. GE has paid back more than $70 billion in debt over the past few years. Deals such as the jet-leasing sale toAerCap(AER), the sale of the biopharma business toDanaher(DHR) and sales of stock in the oil-services providerBaker Hughes(BKR) are making the reduction possible.</p>\n<p>Despite the pandemic, which devastated demand for travel and the jet-aircraft engines GE makes, the stock is trading at the highest level since Culp took over. Coming into Wednesday, shares were up about30% year to date, far better than comparable gains of theS&amp;P 500andDow Jones Industrial Average.</p>\n<p>Investors are focusing now on what GE said about its future. GEmaintained its forecastsfor about 20 cents in per-share earnings and about $3.5 billion in free cash flow for 2021. Management says there will be modest growth in the key aviation business.</p>\n<p>That limited growth would return GE Aviation’s sales to levels realized around 2017, far from their pre-pandemic level in 201. That looks like a cautious call now that vaccines are rolling out across the globe, but Culp is fine with that.</p>\n<p>““We won’t be offended if [anyone] calls us conservative,” he told<i>Barron’s</i>.</p>\n<p>Being conservative is probably the right move for GE given all the internal and industrywide challenges the company has faced in recent years.</p>\n<p>The stock split is neither conservative nor aggressive. But it is another sign things are changing and that GE wants to be viewed as an industrial conglomerate, and not as the hybrid of manufacturing and finance the company became during the 1990s and 2000s.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GE Announced Tons Wednesday. This Was the Real Bombshell.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGE Announced Tons Wednesday. This Was the Real Bombshell.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-10 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-...</p>\n\n<a href=\"https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GE":"GE航空航天"},"source_url":"https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176282144","content_text":"General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-pandemic industrial landscape take a back seat to the conglomerate’s plan for a reverse stock split.\nGeneral Electric (ticker: GE) is proposing to give investors one share for every eight they now hold. That will take its share price to about $112, based on recent levels, reducing the shares outstanding to about 1.1 billion from a little less than9 billion.\nThe question is why? Most companiesspit their stock, creating a lower share price and more shares outstanding, as stock prices rise over time. Companies appear to like to have a stock price at a certain level, following the Goldilocks principle of not too high and not too low.\nThat appears to be the reason for this reverse split, too. A scan of GE’s peers shows share prices in the $100 to $200 range and share counts in the hundreds of millions. GE simply looks like an outlier.\nInvestors like splits. They take them as a sign that things are getting better and that management expects prices to rise in the near future. Reverse splits, on the other hand, can make investors nervous. They can be interpreted as a sign the business is getting worse.\nThe academic data appears to bear that fear out. AJournal of Financestudy partly authored by Nobel laureate Eugene Fama found that splits are favorable and that reverse splits are ominous for one- and three-year forward stock returns. Splitters outperform the market and reverse splitters lag behind it.\nBut there are a few caveats. First, the data set included almost 6,000 stock splits, but fewer than 100 reverse splits. Reverse splits are very rare. It’s tough to make a blanket statement from a small data set.\nWhat is more, many academic papers look at old data. The Fama data set includes stocks trading in the 1970s, 1980s and 1990s. A lot has changed in the marketplace since then.\nOne common theme of stock-split studies, for instance, is a split’s impact on overall liquidity. A lower share price is simply within reach of more shareholders. More investors means more stock trading on any given day. That can make shares less volatile and less risky.\nNow, though, brokers offer share “slices” for as little as $5, essentially giving stock exposure to anyone who wants it, despite the absolute level any stock trades at.\nConcern about a deteriorating business may not be a factor with GE’s reverse split. The company isn’t what it once was, but that is old news. GE stock is down roughly 75% from its all-time high, but the slide happened long ago. CEOLarry Culpwas brought in during 2018 to turn around struggling operations.\nA lot of progress has been made. GE has paid back more than $70 billion in debt over the past few years. Deals such as the jet-leasing sale toAerCap(AER), the sale of the biopharma business toDanaher(DHR) and sales of stock in the oil-services providerBaker Hughes(BKR) are making the reduction possible.\nDespite the pandemic, which devastated demand for travel and the jet-aircraft engines GE makes, the stock is trading at the highest level since Culp took over. Coming into Wednesday, shares were up about30% year to date, far better than comparable gains of theS&P 500andDow Jones Industrial Average.\nInvestors are focusing now on what GE said about its future. GEmaintained its forecastsfor about 20 cents in per-share earnings and about $3.5 billion in free cash flow for 2021. Management says there will be modest growth in the key aviation business.\nThat limited growth would return GE Aviation’s sales to levels realized around 2017, far from their pre-pandemic level in 201. That looks like a cautious call now that vaccines are rolling out across the globe, but Culp is fine with that.\n““We won’t be offended if [anyone] calls us conservative,” he toldBarron’s.\nBeing conservative is probably the right move for GE given all the internal and industrywide challenges the company has faced in recent years.\nThe stock split is neither conservative nor aggressive. But it is another sign things are changing and that GE wants to be viewed as an industrial conglomerate, and not as the hybrid of manufacturing and finance the company became during the 1990s and 2000s.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3765417,"gmtCreate":1615423132517,"gmtModify":1635756133536,"authorId":3571641801586244,"author":{"id":3571641801586244,"idStr":"3571641801586244","authorId":3571641801586244,"name":"Lanying","avatar":"https://static.tigerbbs.com/44079e6feb39117800ea99462f8cae40","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":321823131,"type":1,"supId":0,"prevId":0,"content":"O","text":"O","html":"O"}],"langContent":"EN"},{"id":321866615,"gmtCreate":1615422699037,"gmtModify":1703488800992,"author":{"id":"3554690739454545","authorId":"3554690739454545","name":"Shifeng","avatar":"https://static.tigerbbs.com/7eba636a69f64b047187455fad28835a","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3554690739454545","idStr":"3554690739454545"},"htmlText":"Reverse split doesn’t affect company performance. GE had renewable energy too, large&nbsp;wind farm provider. I think it do have prospective to take off from the burden of loans.&nbsp;","listText":"Reverse split doesn’t affect company performance. GE had renewable energy too, large&nbsp;wind farm provider. I think it do have prospective to take off from the burden of loans.&nbsp;","text":"Reverse split doesn’t affect company performance. GE had renewable energy too, large wind farm provider. I think it do have prospective to take off from the burden of loans.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/321866615","repostId":1176282144,"repostType":4,"repost":{"id":"1176282144","kind":"news","pubTimestamp":1615389675,"share":"https://www.laohu8.com/m/news/1176282144?lang=&edition=full","pubTime":"2021-03-10 23:21","market":"us","language":"en","title":"GE Announced Tons Wednesday. This Was the Real Bombshell.","url":"https://stock-news.laohu8.com/highlight/detail?id=1176282144","media":"Barrons","summary":"General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapa","content":"<p>General Electricis having a very busy day, with news that it sold itsjet-leasing business&nbsp;to&nbsp;AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-pandemic industrial landscape take a back seat to the conglomerate’s plan for a reverse stock split.</p>\n<p>General Electric (ticker: GE) is proposing to give investors one share for every eight they now hold. That will take its share price to about $112, based on recent levels, reducing the shares outstanding to about 1.1 billion from a little less than9 billion.</p>\n<p>The question is why? Most companiesspit their stock, creating a lower share price and more shares outstanding, as stock prices rise over time. Companies appear to like to have a stock price at a certain level, following the Goldilocks principle of not too high and not too low.</p>\n<p>That appears to be the reason for this reverse split, too. A scan of GE’s peers shows share prices in the $100 to $200 range and share counts in the hundreds of millions. GE simply looks like an outlier.</p>\n<p>Investors like splits. They take them as a sign that things are getting better and that management expects prices to rise in the near future. Reverse splits, on the other hand, can make investors nervous. They can be interpreted as a sign the business is getting worse.</p>\n<p>The academic data appears to bear that fear out. A<i>Journal of Finance</i>study partly authored by Nobel laureate Eugene Fama found that splits are favorable and that reverse splits are ominous for one- and three-year forward stock returns. Splitters outperform the market and reverse splitters lag behind it.</p>\n<p>But there are a few caveats. First, the data set included almost 6,000 stock splits, but fewer than 100 reverse splits. Reverse splits are very rare. It’s tough to make a blanket statement from a small data set.</p>\n<p>What is more, many academic papers look at old data. The Fama data set includes stocks trading in the 1970s, 1980s and 1990s. A lot has changed in the marketplace since then.</p>\n<p>One common theme of stock-split studies, for instance, is a split’s impact on overall liquidity. A lower share price is simply within reach of more shareholders. More investors means more stock trading on any given day. That can make shares less volatile and less risky.</p>\n<p>Now, though, brokers offer share “slices” for as little as $5, essentially giving stock exposure to anyone who wants it, despite the absolute level any stock trades at.</p>\n<p>Concern about a deteriorating business may not be a factor with GE’s reverse split. The company isn’t what it once was, but that is old news. GE stock is down roughly 75% from its all-time high, but the slide happened long ago. CEOLarry Culpwas brought in during 2018 to turn around struggling operations.</p>\n<p>A lot of progress has been made. GE has paid back more than $70 billion in debt over the past few years. Deals such as the jet-leasing sale toAerCap(AER), the sale of the biopharma business toDanaher(DHR) and sales of stock in the oil-services providerBaker Hughes(BKR) are making the reduction possible.</p>\n<p>Despite the pandemic, which devastated demand for travel and the jet-aircraft engines GE makes, the stock is trading at the highest level since Culp took over. Coming into Wednesday, shares were up about30% year to date, far better than comparable gains of theS&amp;P 500andDow Jones Industrial Average.</p>\n<p>Investors are focusing now on what GE said about its future. GEmaintained its forecastsfor about 20 cents in per-share earnings and about $3.5 billion in free cash flow for 2021. Management says there will be modest growth in the key aviation business.</p>\n<p>That limited growth would return GE Aviation’s sales to levels realized around 2017, far from their pre-pandemic level in 201. That looks like a cautious call now that vaccines are rolling out across the globe, but Culp is fine with that.</p>\n<p>““We won’t be offended if [anyone] calls us conservative,” he told<i>Barron’s</i>.</p>\n<p>Being conservative is probably the right move for GE given all the internal and industrywide challenges the company has faced in recent years.</p>\n<p>The stock split is neither conservative nor aggressive. But it is another sign things are changing and that GE wants to be viewed as an industrial conglomerate, and not as the hybrid of manufacturing and finance the company became during the 1990s and 2000s.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GE Announced Tons Wednesday. This Was the Real Bombshell.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGE Announced Tons Wednesday. This Was the Real Bombshell.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-10 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-...</p>\n\n<a href=\"https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GE":"GE航空航天"},"source_url":"https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176282144","content_text":"General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-pandemic industrial landscape take a back seat to the conglomerate’s plan for a reverse stock split.\nGeneral Electric (ticker: GE) is proposing to give investors one share for every eight they now hold. That will take its share price to about $112, based on recent levels, reducing the shares outstanding to about 1.1 billion from a little less than9 billion.\nThe question is why? Most companiesspit their stock, creating a lower share price and more shares outstanding, as stock prices rise over time. Companies appear to like to have a stock price at a certain level, following the Goldilocks principle of not too high and not too low.\nThat appears to be the reason for this reverse split, too. A scan of GE’s peers shows share prices in the $100 to $200 range and share counts in the hundreds of millions. GE simply looks like an outlier.\nInvestors like splits. They take them as a sign that things are getting better and that management expects prices to rise in the near future. Reverse splits, on the other hand, can make investors nervous. They can be interpreted as a sign the business is getting worse.\nThe academic data appears to bear that fear out. AJournal of Financestudy partly authored by Nobel laureate Eugene Fama found that splits are favorable and that reverse splits are ominous for one- and three-year forward stock returns. Splitters outperform the market and reverse splitters lag behind it.\nBut there are a few caveats. First, the data set included almost 6,000 stock splits, but fewer than 100 reverse splits. Reverse splits are very rare. It’s tough to make a blanket statement from a small data set.\nWhat is more, many academic papers look at old data. The Fama data set includes stocks trading in the 1970s, 1980s and 1990s. A lot has changed in the marketplace since then.\nOne common theme of stock-split studies, for instance, is a split’s impact on overall liquidity. A lower share price is simply within reach of more shareholders. More investors means more stock trading on any given day. That can make shares less volatile and less risky.\nNow, though, brokers offer share “slices” for as little as $5, essentially giving stock exposure to anyone who wants it, despite the absolute level any stock trades at.\nConcern about a deteriorating business may not be a factor with GE’s reverse split. The company isn’t what it once was, but that is old news. GE stock is down roughly 75% from its all-time high, but the slide happened long ago. CEOLarry Culpwas brought in during 2018 to turn around struggling operations.\nA lot of progress has been made. GE has paid back more than $70 billion in debt over the past few years. Deals such as the jet-leasing sale toAerCap(AER), the sale of the biopharma business toDanaher(DHR) and sales of stock in the oil-services providerBaker Hughes(BKR) are making the reduction possible.\nDespite the pandemic, which devastated demand for travel and the jet-aircraft engines GE makes, the stock is trading at the highest level since Culp took over. Coming into Wednesday, shares were up about30% year to date, far better than comparable gains of theS&P 500andDow Jones Industrial Average.\nInvestors are focusing now on what GE said about its future. GEmaintained its forecastsfor about 20 cents in per-share earnings and about $3.5 billion in free cash flow for 2021. Management says there will be modest growth in the key aviation business.\nThat limited growth would return GE Aviation’s sales to levels realized around 2017, far from their pre-pandemic level in 201. That looks like a cautious call now that vaccines are rolling out across the globe, but Culp is fine with that.\n““We won’t be offended if [anyone] calls us conservative,” he toldBarron’s.\nBeing conservative is probably the right move for GE given all the internal and industrywide challenges the company has faced in recent years.\nThe stock split is neither conservative nor aggressive. But it is another sign things are changing and that GE wants to be viewed as an industrial conglomerate, and not as the hybrid of manufacturing and finance the company became during the 1990s and 2000s.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":321889155,"gmtCreate":1615421933077,"gmtModify":1703488780074,"author":{"id":"3576043724479903","authorId":"3576043724479903","name":"TOTHEMOOOOON","avatar":"https://static.tigerbbs.com/4a17213e6366b879bd6692650a736cb1","vip":1,"crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"3576043724479903","idStr":"3576043724479903"},"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/321889155","repostId":1176282144,"repostType":4,"repost":{"id":"1176282144","kind":"news","pubTimestamp":1615389675,"share":"https://www.laohu8.com/m/news/1176282144?lang=&edition=full","pubTime":"2021-03-10 23:21","market":"us","language":"en","title":"GE Announced Tons Wednesday. This Was the Real Bombshell.","url":"https://stock-news.laohu8.com/highlight/detail?id=1176282144","media":"Barrons","summary":"General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapa","content":"<p>General Electricis having a very busy day, with news that it sold itsjet-leasing business&nbsp;to&nbsp;AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-pandemic industrial landscape take a back seat to the conglomerate’s plan for a reverse stock split.</p>\n<p>General Electric (ticker: GE) is proposing to give investors one share for every eight they now hold. That will take its share price to about $112, based on recent levels, reducing the shares outstanding to about 1.1 billion from a little less than9 billion.</p>\n<p>The question is why? Most companiesspit their stock, creating a lower share price and more shares outstanding, as stock prices rise over time. Companies appear to like to have a stock price at a certain level, following the Goldilocks principle of not too high and not too low.</p>\n<p>That appears to be the reason for this reverse split, too. A scan of GE’s peers shows share prices in the $100 to $200 range and share counts in the hundreds of millions. GE simply looks like an outlier.</p>\n<p>Investors like splits. They take them as a sign that things are getting better and that management expects prices to rise in the near future. Reverse splits, on the other hand, can make investors nervous. They can be interpreted as a sign the business is getting worse.</p>\n<p>The academic data appears to bear that fear out. A<i>Journal of Finance</i>study partly authored by Nobel laureate Eugene Fama found that splits are favorable and that reverse splits are ominous for one- and three-year forward stock returns. Splitters outperform the market and reverse splitters lag behind it.</p>\n<p>But there are a few caveats. First, the data set included almost 6,000 stock splits, but fewer than 100 reverse splits. Reverse splits are very rare. It’s tough to make a blanket statement from a small data set.</p>\n<p>What is more, many academic papers look at old data. The Fama data set includes stocks trading in the 1970s, 1980s and 1990s. A lot has changed in the marketplace since then.</p>\n<p>One common theme of stock-split studies, for instance, is a split’s impact on overall liquidity. A lower share price is simply within reach of more shareholders. More investors means more stock trading on any given day. That can make shares less volatile and less risky.</p>\n<p>Now, though, brokers offer share “slices” for as little as $5, essentially giving stock exposure to anyone who wants it, despite the absolute level any stock trades at.</p>\n<p>Concern about a deteriorating business may not be a factor with GE’s reverse split. The company isn’t what it once was, but that is old news. GE stock is down roughly 75% from its all-time high, but the slide happened long ago. CEOLarry Culpwas brought in during 2018 to turn around struggling operations.</p>\n<p>A lot of progress has been made. GE has paid back more than $70 billion in debt over the past few years. Deals such as the jet-leasing sale toAerCap(AER), the sale of the biopharma business toDanaher(DHR) and sales of stock in the oil-services providerBaker Hughes(BKR) are making the reduction possible.</p>\n<p>Despite the pandemic, which devastated demand for travel and the jet-aircraft engines GE makes, the stock is trading at the highest level since Culp took over. Coming into Wednesday, shares were up about30% year to date, far better than comparable gains of theS&amp;P 500andDow Jones Industrial Average.</p>\n<p>Investors are focusing now on what GE said about its future. GEmaintained its forecastsfor about 20 cents in per-share earnings and about $3.5 billion in free cash flow for 2021. Management says there will be modest growth in the key aviation business.</p>\n<p>That limited growth would return GE Aviation’s sales to levels realized around 2017, far from their pre-pandemic level in 201. That looks like a cautious call now that vaccines are rolling out across the globe, but Culp is fine with that.</p>\n<p>““We won’t be offended if [anyone] calls us conservative,” he told<i>Barron’s</i>.</p>\n<p>Being conservative is probably the right move for GE given all the internal and industrywide challenges the company has faced in recent years.</p>\n<p>The stock split is neither conservative nor aggressive. But it is another sign things are changing and that GE wants to be viewed as an industrial conglomerate, and not as the hybrid of manufacturing and finance the company became during the 1990s and 2000s.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GE Announced Tons Wednesday. This Was the Real Bombshell.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGE Announced Tons Wednesday. This Was the Real Bombshell.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-10 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-...</p>\n\n<a href=\"https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GE":"GE航空航天"},"source_url":"https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176282144","content_text":"General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-pandemic industrial landscape take a back seat to the conglomerate’s plan for a reverse stock split.\nGeneral Electric (ticker: GE) is proposing to give investors one share for every eight they now hold. That will take its share price to about $112, based on recent levels, reducing the shares outstanding to about 1.1 billion from a little less than9 billion.\nThe question is why? Most companiesspit their stock, creating a lower share price and more shares outstanding, as stock prices rise over time. Companies appear to like to have a stock price at a certain level, following the Goldilocks principle of not too high and not too low.\nThat appears to be the reason for this reverse split, too. A scan of GE’s peers shows share prices in the $100 to $200 range and share counts in the hundreds of millions. GE simply looks like an outlier.\nInvestors like splits. They take them as a sign that things are getting better and that management expects prices to rise in the near future. Reverse splits, on the other hand, can make investors nervous. They can be interpreted as a sign the business is getting worse.\nThe academic data appears to bear that fear out. AJournal of Financestudy partly authored by Nobel laureate Eugene Fama found that splits are favorable and that reverse splits are ominous for one- and three-year forward stock returns. Splitters outperform the market and reverse splitters lag behind it.\nBut there are a few caveats. First, the data set included almost 6,000 stock splits, but fewer than 100 reverse splits. Reverse splits are very rare. It’s tough to make a blanket statement from a small data set.\nWhat is more, many academic papers look at old data. The Fama data set includes stocks trading in the 1970s, 1980s and 1990s. A lot has changed in the marketplace since then.\nOne common theme of stock-split studies, for instance, is a split’s impact on overall liquidity. A lower share price is simply within reach of more shareholders. More investors means more stock trading on any given day. That can make shares less volatile and less risky.\nNow, though, brokers offer share “slices” for as little as $5, essentially giving stock exposure to anyone who wants it, despite the absolute level any stock trades at.\nConcern about a deteriorating business may not be a factor with GE’s reverse split. The company isn’t what it once was, but that is old news. GE stock is down roughly 75% from its all-time high, but the slide happened long ago. CEOLarry Culpwas brought in during 2018 to turn around struggling operations.\nA lot of progress has been made. GE has paid back more than $70 billion in debt over the past few years. Deals such as the jet-leasing sale toAerCap(AER), the sale of the biopharma business toDanaher(DHR) and sales of stock in the oil-services providerBaker Hughes(BKR) are making the reduction possible.\nDespite the pandemic, which devastated demand for travel and the jet-aircraft engines GE makes, the stock is trading at the highest level since Culp took over. Coming into Wednesday, shares were up about30% year to date, far better than comparable gains of theS&P 500andDow Jones Industrial Average.\nInvestors are focusing now on what GE said about its future. GEmaintained its forecastsfor about 20 cents in per-share earnings and about $3.5 billion in free cash flow for 2021. Management says there will be modest growth in the key aviation business.\nThat limited growth would return GE Aviation’s sales to levels realized around 2017, far from their pre-pandemic level in 201. That looks like a cautious call now that vaccines are rolling out across the globe, but Culp is fine with that.\n““We won’t be offended if [anyone] calls us conservative,” he toldBarron’s.\nBeing conservative is probably the right move for GE given all the internal and industrywide challenges the company has faced in recent years.\nThe stock split is neither conservative nor aggressive. But it is another sign things are changing and that GE wants to be viewed as an industrial conglomerate, and not as the hybrid of manufacturing and finance the company became during the 1990s and 2000s.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3771237,"gmtCreate":1615472140051,"gmtModify":1635755816355,"authorId":3575549336568551,"author":{"id":3575549336568551,"idStr":"3575549336568551","authorId":3575549336568551,"name":"noobsheet","avatar":"https://static.tigerbbs.com/3952f6f76d31d01ccb109dfdc1f9f6a3","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":321889155,"type":1,"supId":0,"prevId":0,"content":"cool <u>yo</u>","text":"cool <u>yo</u>","html":"cool <u>yo</u>"}],"langContent":"EN"},{"id":321890706,"gmtCreate":1615419672605,"gmtModify":1703488736828,"author":{"id":"3566244878628904","authorId":"3566244878628904","name":"Wallstrtbets","avatar":"https://static.tigerbbs.com/6c38bbee1121ea92508ad9508fa15c5e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3566244878628904","idStr":"3566244878628904"},"htmlText":"Why lidat.","listText":"Why lidat.","text":"Why lidat.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/321890706","repostId":1176282144,"repostType":4,"repost":{"id":"1176282144","kind":"news","pubTimestamp":1615389675,"share":"https://www.laohu8.com/m/news/1176282144?lang=&edition=full","pubTime":"2021-03-10 23:21","market":"us","language":"en","title":"GE Announced Tons Wednesday. This Was the Real Bombshell.","url":"https://stock-news.laohu8.com/highlight/detail?id=1176282144","media":"Barrons","summary":"General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapa","content":"<p>General Electricis having a very busy day, with news that it sold itsjet-leasing business&nbsp;to&nbsp;AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-pandemic industrial landscape take a back seat to the conglomerate’s plan for a reverse stock split.</p>\n<p>General Electric (ticker: GE) is proposing to give investors one share for every eight they now hold. That will take its share price to about $112, based on recent levels, reducing the shares outstanding to about 1.1 billion from a little less than9 billion.</p>\n<p>The question is why? Most companiesspit their stock, creating a lower share price and more shares outstanding, as stock prices rise over time. Companies appear to like to have a stock price at a certain level, following the Goldilocks principle of not too high and not too low.</p>\n<p>That appears to be the reason for this reverse split, too. A scan of GE’s peers shows share prices in the $100 to $200 range and share counts in the hundreds of millions. GE simply looks like an outlier.</p>\n<p>Investors like splits. They take them as a sign that things are getting better and that management expects prices to rise in the near future. Reverse splits, on the other hand, can make investors nervous. They can be interpreted as a sign the business is getting worse.</p>\n<p>The academic data appears to bear that fear out. A<i>Journal of Finance</i>study partly authored by Nobel laureate Eugene Fama found that splits are favorable and that reverse splits are ominous for one- and three-year forward stock returns. Splitters outperform the market and reverse splitters lag behind it.</p>\n<p>But there are a few caveats. First, the data set included almost 6,000 stock splits, but fewer than 100 reverse splits. Reverse splits are very rare. It’s tough to make a blanket statement from a small data set.</p>\n<p>What is more, many academic papers look at old data. The Fama data set includes stocks trading in the 1970s, 1980s and 1990s. A lot has changed in the marketplace since then.</p>\n<p>One common theme of stock-split studies, for instance, is a split’s impact on overall liquidity. A lower share price is simply within reach of more shareholders. More investors means more stock trading on any given day. That can make shares less volatile and less risky.</p>\n<p>Now, though, brokers offer share “slices” for as little as $5, essentially giving stock exposure to anyone who wants it, despite the absolute level any stock trades at.</p>\n<p>Concern about a deteriorating business may not be a factor with GE’s reverse split. The company isn’t what it once was, but that is old news. GE stock is down roughly 75% from its all-time high, but the slide happened long ago. CEOLarry Culpwas brought in during 2018 to turn around struggling operations.</p>\n<p>A lot of progress has been made. GE has paid back more than $70 billion in debt over the past few years. Deals such as the jet-leasing sale toAerCap(AER), the sale of the biopharma business toDanaher(DHR) and sales of stock in the oil-services providerBaker Hughes(BKR) are making the reduction possible.</p>\n<p>Despite the pandemic, which devastated demand for travel and the jet-aircraft engines GE makes, the stock is trading at the highest level since Culp took over. Coming into Wednesday, shares were up about30% year to date, far better than comparable gains of theS&amp;P 500andDow Jones Industrial Average.</p>\n<p>Investors are focusing now on what GE said about its future. GEmaintained its forecastsfor about 20 cents in per-share earnings and about $3.5 billion in free cash flow for 2021. Management says there will be modest growth in the key aviation business.</p>\n<p>That limited growth would return GE Aviation’s sales to levels realized around 2017, far from their pre-pandemic level in 201. That looks like a cautious call now that vaccines are rolling out across the globe, but Culp is fine with that.</p>\n<p>““We won’t be offended if [anyone] calls us conservative,” he told<i>Barron’s</i>.</p>\n<p>Being conservative is probably the right move for GE given all the internal and industrywide challenges the company has faced in recent years.</p>\n<p>The stock split is neither conservative nor aggressive. But it is another sign things are changing and that GE wants to be viewed as an industrial conglomerate, and not as the hybrid of manufacturing and finance the company became during the 1990s and 2000s.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GE Announced Tons Wednesday. This Was the Real Bombshell.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGE Announced Tons Wednesday. This Was the Real Bombshell.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-10 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-...</p>\n\n<a href=\"https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GE":"GE航空航天"},"source_url":"https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176282144","content_text":"General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-pandemic industrial landscape take a back seat to the conglomerate’s plan for a reverse stock split.\nGeneral Electric (ticker: GE) is proposing to give investors one share for every eight they now hold. That will take its share price to about $112, based on recent levels, reducing the shares outstanding to about 1.1 billion from a little less than9 billion.\nThe question is why? Most companiesspit their stock, creating a lower share price and more shares outstanding, as stock prices rise over time. Companies appear to like to have a stock price at a certain level, following the Goldilocks principle of not too high and not too low.\nThat appears to be the reason for this reverse split, too. A scan of GE’s peers shows share prices in the $100 to $200 range and share counts in the hundreds of millions. GE simply looks like an outlier.\nInvestors like splits. They take them as a sign that things are getting better and that management expects prices to rise in the near future. Reverse splits, on the other hand, can make investors nervous. They can be interpreted as a sign the business is getting worse.\nThe academic data appears to bear that fear out. AJournal of Financestudy partly authored by Nobel laureate Eugene Fama found that splits are favorable and that reverse splits are ominous for one- and three-year forward stock returns. Splitters outperform the market and reverse splitters lag behind it.\nBut there are a few caveats. First, the data set included almost 6,000 stock splits, but fewer than 100 reverse splits. Reverse splits are very rare. It’s tough to make a blanket statement from a small data set.\nWhat is more, many academic papers look at old data. The Fama data set includes stocks trading in the 1970s, 1980s and 1990s. A lot has changed in the marketplace since then.\nOne common theme of stock-split studies, for instance, is a split’s impact on overall liquidity. A lower share price is simply within reach of more shareholders. More investors means more stock trading on any given day. That can make shares less volatile and less risky.\nNow, though, brokers offer share “slices” for as little as $5, essentially giving stock exposure to anyone who wants it, despite the absolute level any stock trades at.\nConcern about a deteriorating business may not be a factor with GE’s reverse split. The company isn’t what it once was, but that is old news. GE stock is down roughly 75% from its all-time high, but the slide happened long ago. CEOLarry Culpwas brought in during 2018 to turn around struggling operations.\nA lot of progress has been made. GE has paid back more than $70 billion in debt over the past few years. Deals such as the jet-leasing sale toAerCap(AER), the sale of the biopharma business toDanaher(DHR) and sales of stock in the oil-services providerBaker Hughes(BKR) are making the reduction possible.\nDespite the pandemic, which devastated demand for travel and the jet-aircraft engines GE makes, the stock is trading at the highest level since Culp took over. Coming into Wednesday, shares were up about30% year to date, far better than comparable gains of theS&P 500andDow Jones Industrial Average.\nInvestors are focusing now on what GE said about its future. GEmaintained its forecastsfor about 20 cents in per-share earnings and about $3.5 billion in free cash flow for 2021. Management says there will be modest growth in the key aviation business.\nThat limited growth would return GE Aviation’s sales to levels realized around 2017, far from their pre-pandemic level in 201. That looks like a cautious call now that vaccines are rolling out across the globe, but Culp is fine with that.\n““We won’t be offended if [anyone] calls us conservative,” he toldBarron’s.\nBeing conservative is probably the right move for GE given all the internal and industrywide challenges the company has faced in recent years.\nThe stock split is neither conservative nor aggressive. But it is another sign things are changing and that GE wants to be viewed as an industrial conglomerate, and not as the hybrid of manufacturing and finance the company became during the 1990s and 2000s.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3764928,"gmtCreate":1615420119240,"gmtModify":1635756168861,"authorId":3576560237263785,"author":{"id":3576560237263785,"idStr":"3576560237263785","authorId":3576560237263785,"name":"Nagoken","avatar":"https://static.tigerbbs.com/caac3ac5db4b0d37985b9f55a62d569f","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":321890706,"type":1,"supId":0,"prevId":0,"content":"What is wrong","text":"What is wrong","html":"What is wrong"}],"langContent":"EN"},{"id":321807779,"gmtCreate":1615419618691,"gmtModify":1703488735619,"author":{"id":"3572057948118382","authorId":"3572057948118382","name":"meowmeowme","avatar":"https://static.tigerbbs.com/ff35c63639130db9306c87ac66c94640","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3572057948118382","idStr":"3572057948118382"},"htmlText":"That's interesting...&nbsp;Still has some&nbsp;GE stocks.","listText":"That's interesting...&nbsp;Still has some&nbsp;GE stocks.","text":"That's interesting... Still has some GE stocks.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/321807779","repostId":1176282144,"repostType":4,"repost":{"id":"1176282144","kind":"news","pubTimestamp":1615389675,"share":"https://www.laohu8.com/m/news/1176282144?lang=&edition=full","pubTime":"2021-03-10 23:21","market":"us","language":"en","title":"GE Announced Tons Wednesday. This Was the Real Bombshell.","url":"https://stock-news.laohu8.com/highlight/detail?id=1176282144","media":"Barrons","summary":"General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapa","content":"<p>General Electricis having a very busy day, with news that it sold itsjet-leasing business&nbsp;to&nbsp;AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-pandemic industrial landscape take a back seat to the conglomerate’s plan for a reverse stock split.</p>\n<p>General Electric (ticker: GE) is proposing to give investors one share for every eight they now hold. That will take its share price to about $112, based on recent levels, reducing the shares outstanding to about 1.1 billion from a little less than9 billion.</p>\n<p>The question is why? Most companiesspit their stock, creating a lower share price and more shares outstanding, as stock prices rise over time. Companies appear to like to have a stock price at a certain level, following the Goldilocks principle of not too high and not too low.</p>\n<p>That appears to be the reason for this reverse split, too. A scan of GE’s peers shows share prices in the $100 to $200 range and share counts in the hundreds of millions. GE simply looks like an outlier.</p>\n<p>Investors like splits. They take them as a sign that things are getting better and that management expects prices to rise in the near future. Reverse splits, on the other hand, can make investors nervous. They can be interpreted as a sign the business is getting worse.</p>\n<p>The academic data appears to bear that fear out. A<i>Journal of Finance</i>study partly authored by Nobel laureate Eugene Fama found that splits are favorable and that reverse splits are ominous for one- and three-year forward stock returns. Splitters outperform the market and reverse splitters lag behind it.</p>\n<p>But there are a few caveats. First, the data set included almost 6,000 stock splits, but fewer than 100 reverse splits. Reverse splits are very rare. It’s tough to make a blanket statement from a small data set.</p>\n<p>What is more, many academic papers look at old data. The Fama data set includes stocks trading in the 1970s, 1980s and 1990s. A lot has changed in the marketplace since then.</p>\n<p>One common theme of stock-split studies, for instance, is a split’s impact on overall liquidity. A lower share price is simply within reach of more shareholders. More investors means more stock trading on any given day. That can make shares less volatile and less risky.</p>\n<p>Now, though, brokers offer share “slices” for as little as $5, essentially giving stock exposure to anyone who wants it, despite the absolute level any stock trades at.</p>\n<p>Concern about a deteriorating business may not be a factor with GE’s reverse split. The company isn’t what it once was, but that is old news. GE stock is down roughly 75% from its all-time high, but the slide happened long ago. CEOLarry Culpwas brought in during 2018 to turn around struggling operations.</p>\n<p>A lot of progress has been made. GE has paid back more than $70 billion in debt over the past few years. Deals such as the jet-leasing sale toAerCap(AER), the sale of the biopharma business toDanaher(DHR) and sales of stock in the oil-services providerBaker Hughes(BKR) are making the reduction possible.</p>\n<p>Despite the pandemic, which devastated demand for travel and the jet-aircraft engines GE makes, the stock is trading at the highest level since Culp took over. Coming into Wednesday, shares were up about30% year to date, far better than comparable gains of theS&amp;P 500andDow Jones Industrial Average.</p>\n<p>Investors are focusing now on what GE said about its future. GEmaintained its forecastsfor about 20 cents in per-share earnings and about $3.5 billion in free cash flow for 2021. Management says there will be modest growth in the key aviation business.</p>\n<p>That limited growth would return GE Aviation’s sales to levels realized around 2017, far from their pre-pandemic level in 201. That looks like a cautious call now that vaccines are rolling out across the globe, but Culp is fine with that.</p>\n<p>““We won’t be offended if [anyone] calls us conservative,” he told<i>Barron’s</i>.</p>\n<p>Being conservative is probably the right move for GE given all the internal and industrywide challenges the company has faced in recent years.</p>\n<p>The stock split is neither conservative nor aggressive. But it is another sign things are changing and that GE wants to be viewed as an industrial conglomerate, and not as the hybrid of manufacturing and finance the company became during the 1990s and 2000s.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GE Announced Tons Wednesday. This Was the Real Bombshell.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGE Announced Tons Wednesday. This Was the Real Bombshell.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-10 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-...</p>\n\n<a href=\"https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GE":"GE航空航天"},"source_url":"https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176282144","content_text":"General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-pandemic industrial landscape take a back seat to the conglomerate’s plan for a reverse stock split.\nGeneral Electric (ticker: GE) is proposing to give investors one share for every eight they now hold. That will take its share price to about $112, based on recent levels, reducing the shares outstanding to about 1.1 billion from a little less than9 billion.\nThe question is why? Most companiesspit their stock, creating a lower share price and more shares outstanding, as stock prices rise over time. Companies appear to like to have a stock price at a certain level, following the Goldilocks principle of not too high and not too low.\nThat appears to be the reason for this reverse split, too. A scan of GE’s peers shows share prices in the $100 to $200 range and share counts in the hundreds of millions. GE simply looks like an outlier.\nInvestors like splits. They take them as a sign that things are getting better and that management expects prices to rise in the near future. Reverse splits, on the other hand, can make investors nervous. They can be interpreted as a sign the business is getting worse.\nThe academic data appears to bear that fear out. AJournal of Financestudy partly authored by Nobel laureate Eugene Fama found that splits are favorable and that reverse splits are ominous for one- and three-year forward stock returns. Splitters outperform the market and reverse splitters lag behind it.\nBut there are a few caveats. First, the data set included almost 6,000 stock splits, but fewer than 100 reverse splits. Reverse splits are very rare. It’s tough to make a blanket statement from a small data set.\nWhat is more, many academic papers look at old data. The Fama data set includes stocks trading in the 1970s, 1980s and 1990s. A lot has changed in the marketplace since then.\nOne common theme of stock-split studies, for instance, is a split’s impact on overall liquidity. A lower share price is simply within reach of more shareholders. More investors means more stock trading on any given day. That can make shares less volatile and less risky.\nNow, though, brokers offer share “slices” for as little as $5, essentially giving stock exposure to anyone who wants it, despite the absolute level any stock trades at.\nConcern about a deteriorating business may not be a factor with GE’s reverse split. The company isn’t what it once was, but that is old news. GE stock is down roughly 75% from its all-time high, but the slide happened long ago. CEOLarry Culpwas brought in during 2018 to turn around struggling operations.\nA lot of progress has been made. GE has paid back more than $70 billion in debt over the past few years. Deals such as the jet-leasing sale toAerCap(AER), the sale of the biopharma business toDanaher(DHR) and sales of stock in the oil-services providerBaker Hughes(BKR) are making the reduction possible.\nDespite the pandemic, which devastated demand for travel and the jet-aircraft engines GE makes, the stock is trading at the highest level since Culp took over. Coming into Wednesday, shares were up about30% year to date, far better than comparable gains of theS&P 500andDow Jones Industrial Average.\nInvestors are focusing now on what GE said about its future. GEmaintained its forecastsfor about 20 cents in per-share earnings and about $3.5 billion in free cash flow for 2021. Management says there will be modest growth in the key aviation business.\nThat limited growth would return GE Aviation’s sales to levels realized around 2017, far from their pre-pandemic level in 201. That looks like a cautious call now that vaccines are rolling out across the globe, but Culp is fine with that.\n““We won’t be offended if [anyone] calls us conservative,” he toldBarron’s.\nBeing conservative is probably the right move for GE given all the internal and industrywide challenges the company has faced in recent years.\nThe stock split is neither conservative nor aggressive. But it is another sign things are changing and that GE wants to be viewed as an industrial conglomerate, and not as the hybrid of manufacturing and finance the company became during the 1990s and 2000s.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":321802382,"gmtCreate":1615419282646,"gmtModify":1703488730276,"author":{"id":"3574906731000207","authorId":"3574906731000207","name":"SSVC","avatar":"https://static.tigerbbs.com/545a5ea462ff4ac7cc100bd3d8d97f72","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3574906731000207","idStr":"3574906731000207"},"htmlText":"Hmmmm. Appreciate your response and comments Thanks&nbsp;","listText":"Hmmmm. Appreciate your response and comments Thanks&nbsp;","text":"Hmmmm. Appreciate your response and comments Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/321802382","repostId":1176282144,"repostType":4,"repost":{"id":"1176282144","kind":"news","pubTimestamp":1615389675,"share":"https://www.laohu8.com/m/news/1176282144?lang=&edition=full","pubTime":"2021-03-10 23:21","market":"us","language":"en","title":"GE Announced Tons Wednesday. This Was the Real Bombshell.","url":"https://stock-news.laohu8.com/highlight/detail?id=1176282144","media":"Barrons","summary":"General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapa","content":"<p>General Electricis having a very busy day, with news that it sold itsjet-leasing business&nbsp;to&nbsp;AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-pandemic industrial landscape take a back seat to the conglomerate’s plan for a reverse stock split.</p>\n<p>General Electric (ticker: GE) is proposing to give investors one share for every eight they now hold. That will take its share price to about $112, based on recent levels, reducing the shares outstanding to about 1.1 billion from a little less than9 billion.</p>\n<p>The question is why? Most companiesspit their stock, creating a lower share price and more shares outstanding, as stock prices rise over time. Companies appear to like to have a stock price at a certain level, following the Goldilocks principle of not too high and not too low.</p>\n<p>That appears to be the reason for this reverse split, too. A scan of GE’s peers shows share prices in the $100 to $200 range and share counts in the hundreds of millions. GE simply looks like an outlier.</p>\n<p>Investors like splits. They take them as a sign that things are getting better and that management expects prices to rise in the near future. Reverse splits, on the other hand, can make investors nervous. They can be interpreted as a sign the business is getting worse.</p>\n<p>The academic data appears to bear that fear out. A<i>Journal of Finance</i>study partly authored by Nobel laureate Eugene Fama found that splits are favorable and that reverse splits are ominous for one- and three-year forward stock returns. Splitters outperform the market and reverse splitters lag behind it.</p>\n<p>But there are a few caveats. First, the data set included almost 6,000 stock splits, but fewer than 100 reverse splits. Reverse splits are very rare. It’s tough to make a blanket statement from a small data set.</p>\n<p>What is more, many academic papers look at old data. The Fama data set includes stocks trading in the 1970s, 1980s and 1990s. A lot has changed in the marketplace since then.</p>\n<p>One common theme of stock-split studies, for instance, is a split’s impact on overall liquidity. A lower share price is simply within reach of more shareholders. More investors means more stock trading on any given day. That can make shares less volatile and less risky.</p>\n<p>Now, though, brokers offer share “slices” for as little as $5, essentially giving stock exposure to anyone who wants it, despite the absolute level any stock trades at.</p>\n<p>Concern about a deteriorating business may not be a factor with GE’s reverse split. The company isn’t what it once was, but that is old news. GE stock is down roughly 75% from its all-time high, but the slide happened long ago. CEOLarry Culpwas brought in during 2018 to turn around struggling operations.</p>\n<p>A lot of progress has been made. GE has paid back more than $70 billion in debt over the past few years. Deals such as the jet-leasing sale toAerCap(AER), the sale of the biopharma business toDanaher(DHR) and sales of stock in the oil-services providerBaker Hughes(BKR) are making the reduction possible.</p>\n<p>Despite the pandemic, which devastated demand for travel and the jet-aircraft engines GE makes, the stock is trading at the highest level since Culp took over. Coming into Wednesday, shares were up about30% year to date, far better than comparable gains of theS&amp;P 500andDow Jones Industrial Average.</p>\n<p>Investors are focusing now on what GE said about its future. GEmaintained its forecastsfor about 20 cents in per-share earnings and about $3.5 billion in free cash flow for 2021. Management says there will be modest growth in the key aviation business.</p>\n<p>That limited growth would return GE Aviation’s sales to levels realized around 2017, far from their pre-pandemic level in 201. That looks like a cautious call now that vaccines are rolling out across the globe, but Culp is fine with that.</p>\n<p>““We won’t be offended if [anyone] calls us conservative,” he told<i>Barron’s</i>.</p>\n<p>Being conservative is probably the right move for GE given all the internal and industrywide challenges the company has faced in recent years.</p>\n<p>The stock split is neither conservative nor aggressive. But it is another sign things are changing and that GE wants to be viewed as an industrial conglomerate, and not as the hybrid of manufacturing and finance the company became during the 1990s and 2000s.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GE Announced Tons Wednesday. This Was the Real Bombshell.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGE Announced Tons Wednesday. This Was the Real Bombshell.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-10 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-...</p>\n\n<a href=\"https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GE":"GE航空航天"},"source_url":"https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176282144","content_text":"General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-pandemic industrial landscape take a back seat to the conglomerate’s plan for a reverse stock split.\nGeneral Electric (ticker: GE) is proposing to give investors one share for every eight they now hold. That will take its share price to about $112, based on recent levels, reducing the shares outstanding to about 1.1 billion from a little less than9 billion.\nThe question is why? Most companiesspit their stock, creating a lower share price and more shares outstanding, as stock prices rise over time. Companies appear to like to have a stock price at a certain level, following the Goldilocks principle of not too high and not too low.\nThat appears to be the reason for this reverse split, too. A scan of GE’s peers shows share prices in the $100 to $200 range and share counts in the hundreds of millions. GE simply looks like an outlier.\nInvestors like splits. They take them as a sign that things are getting better and that management expects prices to rise in the near future. Reverse splits, on the other hand, can make investors nervous. They can be interpreted as a sign the business is getting worse.\nThe academic data appears to bear that fear out. AJournal of Financestudy partly authored by Nobel laureate Eugene Fama found that splits are favorable and that reverse splits are ominous for one- and three-year forward stock returns. Splitters outperform the market and reverse splitters lag behind it.\nBut there are a few caveats. First, the data set included almost 6,000 stock splits, but fewer than 100 reverse splits. Reverse splits are very rare. It’s tough to make a blanket statement from a small data set.\nWhat is more, many academic papers look at old data. The Fama data set includes stocks trading in the 1970s, 1980s and 1990s. A lot has changed in the marketplace since then.\nOne common theme of stock-split studies, for instance, is a split’s impact on overall liquidity. A lower share price is simply within reach of more shareholders. More investors means more stock trading on any given day. That can make shares less volatile and less risky.\nNow, though, brokers offer share “slices” for as little as $5, essentially giving stock exposure to anyone who wants it, despite the absolute level any stock trades at.\nConcern about a deteriorating business may not be a factor with GE’s reverse split. The company isn’t what it once was, but that is old news. GE stock is down roughly 75% from its all-time high, but the slide happened long ago. CEOLarry Culpwas brought in during 2018 to turn around struggling operations.\nA lot of progress has been made. GE has paid back more than $70 billion in debt over the past few years. Deals such as the jet-leasing sale toAerCap(AER), the sale of the biopharma business toDanaher(DHR) and sales of stock in the oil-services providerBaker Hughes(BKR) are making the reduction possible.\nDespite the pandemic, which devastated demand for travel and the jet-aircraft engines GE makes, the stock is trading at the highest level since Culp took over. Coming into Wednesday, shares were up about30% year to date, far better than comparable gains of theS&P 500andDow Jones Industrial Average.\nInvestors are focusing now on what GE said about its future. GEmaintained its forecastsfor about 20 cents in per-share earnings and about $3.5 billion in free cash flow for 2021. Management says there will be modest growth in the key aviation business.\nThat limited growth would return GE Aviation’s sales to levels realized around 2017, far from their pre-pandemic level in 201. That looks like a cautious call now that vaccines are rolling out across the globe, but Culp is fine with that.\n““We won’t be offended if [anyone] calls us conservative,” he toldBarron’s.\nBeing conservative is probably the right move for GE given all the internal and industrywide challenges the company has faced in recent years.\nThe stock split is neither conservative nor aggressive. But it is another sign things are changing and that GE wants to be viewed as an industrial conglomerate, and not as the hybrid of manufacturing and finance the company became during the 1990s and 2000s.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3764826,"gmtCreate":1615419526226,"gmtModify":1635756176871,"authorId":3572057948118382,"author":{"id":3572057948118382,"idStr":"3572057948118382","authorId":3572057948118382,"name":"meowmeowme","avatar":"https://static.tigerbbs.com/ff35c63639130db9306c87ac66c94640","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":321802382,"type":1,"supId":0,"prevId":0,"content":"<u>hmmmmm</u>","text":"<u>hmmmmm</u>","html":"<u>hmmmmm</u>"},{"id":3764884,"gmtCreate":1615419844970,"gmtModify":1635756172424,"authorId":3574906731000207,"author":{"id":3574906731000207,"idStr":"3574906731000207","authorId":3574906731000207,"name":"SSVC","avatar":"https://static.tigerbbs.com/545a5ea462ff4ac7cc100bd3d8d97f72","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":321802382,"type":1,"supId":3764826,"prevId":0,"content":"[强][握手]","text":"[强][握手]","html":"[强][握手]"}],"langContent":"EN"},{"id":321147618,"gmtCreate":1615417844534,"gmtModify":1703488706622,"author":{"id":"3551058536073400","authorId":"3551058536073400","name":"devil86","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3551058536073400","idStr":"3551058536073400"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/321147618","repostId":1176282144,"repostType":4,"repost":{"id":"1176282144","kind":"news","pubTimestamp":1615389675,"share":"https://www.laohu8.com/m/news/1176282144?lang=&edition=full","pubTime":"2021-03-10 23:21","market":"us","language":"en","title":"GE Announced Tons Wednesday. This Was the Real Bombshell.","url":"https://stock-news.laohu8.com/highlight/detail?id=1176282144","media":"Barrons","summary":"General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapa","content":"<p>General Electricis having a very busy day, with news that it sold itsjet-leasing business&nbsp;to&nbsp;AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-pandemic industrial landscape take a back seat to the conglomerate’s plan for a reverse stock split.</p>\n<p>General Electric (ticker: GE) is proposing to give investors one share for every eight they now hold. That will take its share price to about $112, based on recent levels, reducing the shares outstanding to about 1.1 billion from a little less than9 billion.</p>\n<p>The question is why? Most companiesspit their stock, creating a lower share price and more shares outstanding, as stock prices rise over time. Companies appear to like to have a stock price at a certain level, following the Goldilocks principle of not too high and not too low.</p>\n<p>That appears to be the reason for this reverse split, too. A scan of GE’s peers shows share prices in the $100 to $200 range and share counts in the hundreds of millions. GE simply looks like an outlier.</p>\n<p>Investors like splits. They take them as a sign that things are getting better and that management expects prices to rise in the near future. Reverse splits, on the other hand, can make investors nervous. They can be interpreted as a sign the business is getting worse.</p>\n<p>The academic data appears to bear that fear out. A<i>Journal of Finance</i>study partly authored by Nobel laureate Eugene Fama found that splits are favorable and that reverse splits are ominous for one- and three-year forward stock returns. Splitters outperform the market and reverse splitters lag behind it.</p>\n<p>But there are a few caveats. First, the data set included almost 6,000 stock splits, but fewer than 100 reverse splits. Reverse splits are very rare. It’s tough to make a blanket statement from a small data set.</p>\n<p>What is more, many academic papers look at old data. The Fama data set includes stocks trading in the 1970s, 1980s and 1990s. A lot has changed in the marketplace since then.</p>\n<p>One common theme of stock-split studies, for instance, is a split’s impact on overall liquidity. A lower share price is simply within reach of more shareholders. More investors means more stock trading on any given day. That can make shares less volatile and less risky.</p>\n<p>Now, though, brokers offer share “slices” for as little as $5, essentially giving stock exposure to anyone who wants it, despite the absolute level any stock trades at.</p>\n<p>Concern about a deteriorating business may not be a factor with GE’s reverse split. The company isn’t what it once was, but that is old news. GE stock is down roughly 75% from its all-time high, but the slide happened long ago. CEOLarry Culpwas brought in during 2018 to turn around struggling operations.</p>\n<p>A lot of progress has been made. GE has paid back more than $70 billion in debt over the past few years. Deals such as the jet-leasing sale toAerCap(AER), the sale of the biopharma business toDanaher(DHR) and sales of stock in the oil-services providerBaker Hughes(BKR) are making the reduction possible.</p>\n<p>Despite the pandemic, which devastated demand for travel and the jet-aircraft engines GE makes, the stock is trading at the highest level since Culp took over. Coming into Wednesday, shares were up about30% year to date, far better than comparable gains of theS&amp;P 500andDow Jones Industrial Average.</p>\n<p>Investors are focusing now on what GE said about its future. GEmaintained its forecastsfor about 20 cents in per-share earnings and about $3.5 billion in free cash flow for 2021. Management says there will be modest growth in the key aviation business.</p>\n<p>That limited growth would return GE Aviation’s sales to levels realized around 2017, far from their pre-pandemic level in 201. That looks like a cautious call now that vaccines are rolling out across the globe, but Culp is fine with that.</p>\n<p>““We won’t be offended if [anyone] calls us conservative,” he told<i>Barron’s</i>.</p>\n<p>Being conservative is probably the right move for GE given all the internal and industrywide challenges the company has faced in recent years.</p>\n<p>The stock split is neither conservative nor aggressive. But it is another sign things are changing and that GE wants to be viewed as an industrial conglomerate, and not as the hybrid of manufacturing and finance the company became during the 1990s and 2000s.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GE Announced Tons Wednesday. 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This Was the Real Bombshell.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-10 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-...</p>\n\n<a href=\"https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GE":"GE航空航天"},"source_url":"https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176282144","content_text":"General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-pandemic industrial landscape take a back seat to the conglomerate’s plan for a reverse stock split.\nGeneral Electric (ticker: GE) is proposing to give investors one share for every eight they now hold. That will take its share price to about $112, based on recent levels, reducing the shares outstanding to about 1.1 billion from a little less than9 billion.\nThe question is why? Most companiesspit their stock, creating a lower share price and more shares outstanding, as stock prices rise over time. Companies appear to like to have a stock price at a certain level, following the Goldilocks principle of not too high and not too low.\nThat appears to be the reason for this reverse split, too. A scan of GE’s peers shows share prices in the $100 to $200 range and share counts in the hundreds of millions. GE simply looks like an outlier.\nInvestors like splits. They take them as a sign that things are getting better and that management expects prices to rise in the near future. Reverse splits, on the other hand, can make investors nervous. They can be interpreted as a sign the business is getting worse.\nThe academic data appears to bear that fear out. AJournal of Financestudy partly authored by Nobel laureate Eugene Fama found that splits are favorable and that reverse splits are ominous for one- and three-year forward stock returns. Splitters outperform the market and reverse splitters lag behind it.\nBut there are a few caveats. First, the data set included almost 6,000 stock splits, but fewer than 100 reverse splits. Reverse splits are very rare. It’s tough to make a blanket statement from a small data set.\nWhat is more, many academic papers look at old data. The Fama data set includes stocks trading in the 1970s, 1980s and 1990s. A lot has changed in the marketplace since then.\nOne common theme of stock-split studies, for instance, is a split’s impact on overall liquidity. A lower share price is simply within reach of more shareholders. More investors means more stock trading on any given day. That can make shares less volatile and less risky.\nNow, though, brokers offer share “slices” for as little as $5, essentially giving stock exposure to anyone who wants it, despite the absolute level any stock trades at.\nConcern about a deteriorating business may not be a factor with GE’s reverse split. The company isn’t what it once was, but that is old news. GE stock is down roughly 75% from its all-time high, but the slide happened long ago. CEOLarry Culpwas brought in during 2018 to turn around struggling operations.\nA lot of progress has been made. GE has paid back more than $70 billion in debt over the past few years. Deals such as the jet-leasing sale toAerCap(AER), the sale of the biopharma business toDanaher(DHR) and sales of stock in the oil-services providerBaker Hughes(BKR) are making the reduction possible.\nDespite the pandemic, which devastated demand for travel and the jet-aircraft engines GE makes, the stock is trading at the highest level since Culp took over. Coming into Wednesday, shares were up about30% year to date, far better than comparable gains of theS&P 500andDow Jones Industrial Average.\nInvestors are focusing now on what GE said about its future. GEmaintained its forecastsfor about 20 cents in per-share earnings and about $3.5 billion in free cash flow for 2021. Management says there will be modest growth in the key aviation business.\nThat limited growth would return GE Aviation’s sales to levels realized around 2017, far from their pre-pandemic level in 201. That looks like a cautious call now that vaccines are rolling out across the globe, but Culp is fine with that.\n““We won’t be offended if [anyone] calls us conservative,” he toldBarron’s.\nBeing conservative is probably the right move for GE given all the internal and industrywide challenges the company has faced in recent years.\nThe stock split is neither conservative nor aggressive. But it is another sign things are changing and that GE wants to be viewed as an industrial conglomerate, and not as the hybrid of manufacturing and finance the company became during the 1990s and 2000s.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":321145384,"gmtCreate":1615417646348,"gmtModify":1703488702986,"author":{"id":"3568630624134613","authorId":"3568630624134613","name":"Terry1989","avatar":"https://static.tigerbbs.com/8272a89e76043ea5cf409608f7f69586","vip":1,"crmLevel":7,"crmLevelSwitch":0,"authorIdStr":"3568630624134613","idStr":"3568630624134613"},"htmlText":"Good?","listText":"Good?","text":"Good?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/321145384","repostId":1176282144,"repostType":4,"repost":{"id":"1176282144","kind":"news","pubTimestamp":1615389675,"share":"https://www.laohu8.com/m/news/1176282144?lang=&edition=full","pubTime":"2021-03-10 23:21","market":"us","language":"en","title":"GE Announced Tons Wednesday. This Was the Real Bombshell.","url":"https://stock-news.laohu8.com/highlight/detail?id=1176282144","media":"Barrons","summary":"General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapa","content":"<p>General Electricis having a very busy day, with news that it sold itsjet-leasing business&nbsp;to&nbsp;AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-pandemic industrial landscape take a back seat to the conglomerate’s plan for a reverse stock split.</p>\n<p>General Electric (ticker: GE) is proposing to give investors one share for every eight they now hold. That will take its share price to about $112, based on recent levels, reducing the shares outstanding to about 1.1 billion from a little less than9 billion.</p>\n<p>The question is why? Most companiesspit their stock, creating a lower share price and more shares outstanding, as stock prices rise over time. Companies appear to like to have a stock price at a certain level, following the Goldilocks principle of not too high and not too low.</p>\n<p>That appears to be the reason for this reverse split, too. A scan of GE’s peers shows share prices in the $100 to $200 range and share counts in the hundreds of millions. GE simply looks like an outlier.</p>\n<p>Investors like splits. They take them as a sign that things are getting better and that management expects prices to rise in the near future. Reverse splits, on the other hand, can make investors nervous. They can be interpreted as a sign the business is getting worse.</p>\n<p>The academic data appears to bear that fear out. A<i>Journal of Finance</i>study partly authored by Nobel laureate Eugene Fama found that splits are favorable and that reverse splits are ominous for one- and three-year forward stock returns. Splitters outperform the market and reverse splitters lag behind it.</p>\n<p>But there are a few caveats. First, the data set included almost 6,000 stock splits, but fewer than 100 reverse splits. Reverse splits are very rare. It’s tough to make a blanket statement from a small data set.</p>\n<p>What is more, many academic papers look at old data. The Fama data set includes stocks trading in the 1970s, 1980s and 1990s. A lot has changed in the marketplace since then.</p>\n<p>One common theme of stock-split studies, for instance, is a split’s impact on overall liquidity. A lower share price is simply within reach of more shareholders. More investors means more stock trading on any given day. That can make shares less volatile and less risky.</p>\n<p>Now, though, brokers offer share “slices” for as little as $5, essentially giving stock exposure to anyone who wants it, despite the absolute level any stock trades at.</p>\n<p>Concern about a deteriorating business may not be a factor with GE’s reverse split. The company isn’t what it once was, but that is old news. GE stock is down roughly 75% from its all-time high, but the slide happened long ago. CEOLarry Culpwas brought in during 2018 to turn around struggling operations.</p>\n<p>A lot of progress has been made. GE has paid back more than $70 billion in debt over the past few years. Deals such as the jet-leasing sale toAerCap(AER), the sale of the biopharma business toDanaher(DHR) and sales of stock in the oil-services providerBaker Hughes(BKR) are making the reduction possible.</p>\n<p>Despite the pandemic, which devastated demand for travel and the jet-aircraft engines GE makes, the stock is trading at the highest level since Culp took over. Coming into Wednesday, shares were up about30% year to date, far better than comparable gains of theS&amp;P 500andDow Jones Industrial Average.</p>\n<p>Investors are focusing now on what GE said about its future. GEmaintained its forecastsfor about 20 cents in per-share earnings and about $3.5 billion in free cash flow for 2021. Management says there will be modest growth in the key aviation business.</p>\n<p>That limited growth would return GE Aviation’s sales to levels realized around 2017, far from their pre-pandemic level in 201. That looks like a cautious call now that vaccines are rolling out across the globe, but Culp is fine with that.</p>\n<p>““We won’t be offended if [anyone] calls us conservative,” he told<i>Barron’s</i>.</p>\n<p>Being conservative is probably the right move for GE given all the internal and industrywide challenges the company has faced in recent years.</p>\n<p>The stock split is neither conservative nor aggressive. But it is another sign things are changing and that GE wants to be viewed as an industrial conglomerate, and not as the hybrid of manufacturing and finance the company became during the 1990s and 2000s.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GE Announced Tons Wednesday. This Was the Real Bombshell.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGE Announced Tons Wednesday. This Was the Real Bombshell.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-10 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-...</p>\n\n<a href=\"https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GE":"GE航空航天"},"source_url":"https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176282144","content_text":"General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-pandemic industrial landscape take a back seat to the conglomerate’s plan for a reverse stock split.\nGeneral Electric (ticker: GE) is proposing to give investors one share for every eight they now hold. That will take its share price to about $112, based on recent levels, reducing the shares outstanding to about 1.1 billion from a little less than9 billion.\nThe question is why? Most companiesspit their stock, creating a lower share price and more shares outstanding, as stock prices rise over time. Companies appear to like to have a stock price at a certain level, following the Goldilocks principle of not too high and not too low.\nThat appears to be the reason for this reverse split, too. A scan of GE’s peers shows share prices in the $100 to $200 range and share counts in the hundreds of millions. GE simply looks like an outlier.\nInvestors like splits. They take them as a sign that things are getting better and that management expects prices to rise in the near future. Reverse splits, on the other hand, can make investors nervous. They can be interpreted as a sign the business is getting worse.\nThe academic data appears to bear that fear out. AJournal of Financestudy partly authored by Nobel laureate Eugene Fama found that splits are favorable and that reverse splits are ominous for one- and three-year forward stock returns. Splitters outperform the market and reverse splitters lag behind it.\nBut there are a few caveats. First, the data set included almost 6,000 stock splits, but fewer than 100 reverse splits. Reverse splits are very rare. It’s tough to make a blanket statement from a small data set.\nWhat is more, many academic papers look at old data. The Fama data set includes stocks trading in the 1970s, 1980s and 1990s. A lot has changed in the marketplace since then.\nOne common theme of stock-split studies, for instance, is a split’s impact on overall liquidity. A lower share price is simply within reach of more shareholders. More investors means more stock trading on any given day. That can make shares less volatile and less risky.\nNow, though, brokers offer share “slices” for as little as $5, essentially giving stock exposure to anyone who wants it, despite the absolute level any stock trades at.\nConcern about a deteriorating business may not be a factor with GE’s reverse split. The company isn’t what it once was, but that is old news. GE stock is down roughly 75% from its all-time high, but the slide happened long ago. CEOLarry Culpwas brought in during 2018 to turn around struggling operations.\nA lot of progress has been made. GE has paid back more than $70 billion in debt over the past few years. Deals such as the jet-leasing sale toAerCap(AER), the sale of the biopharma business toDanaher(DHR) and sales of stock in the oil-services providerBaker Hughes(BKR) are making the reduction possible.\nDespite the pandemic, which devastated demand for travel and the jet-aircraft engines GE makes, the stock is trading at the highest level since Culp took over. Coming into Wednesday, shares were up about30% year to date, far better than comparable gains of theS&P 500andDow Jones Industrial Average.\nInvestors are focusing now on what GE said about its future. GEmaintained its forecastsfor about 20 cents in per-share earnings and about $3.5 billion in free cash flow for 2021. Management says there will be modest growth in the key aviation business.\nThat limited growth would return GE Aviation’s sales to levels realized around 2017, far from their pre-pandemic level in 201. That looks like a cautious call now that vaccines are rolling out across the globe, but Culp is fine with that.\n““We won’t be offended if [anyone] calls us conservative,” he toldBarron’s.\nBeing conservative is probably the right move for GE given all the internal and industrywide challenges the company has faced in recent years.\nThe stock split is neither conservative nor aggressive. But it is another sign things are changing and that GE wants to be viewed as an industrial conglomerate, and not as the hybrid of manufacturing and finance the company became during the 1990s and 2000s.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3765101,"gmtCreate":1615421296715,"gmtModify":1635756157750,"authorId":3569978586500313,"author":{"id":3569978586500313,"idStr":"3569978586500313","authorId":3569978586500313,"name":"CSYNCTP06","avatar":"https://static.tigerbbs.com/4fd2aa5c3a3fb737be0567ef3f336a98","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":321145384,"type":1,"supId":0,"prevId":0,"content":"Very good","text":"Very good","html":"Very good"},{"id":3765584,"gmtCreate":1615424131005,"gmtModify":1635756122821,"authorId":3559643628960690,"author":{"id":3559643628960690,"idStr":"3559643628960690","authorId":3559643628960690,"name":"KWHChye","avatar":"https://static.tigerbbs.com/ff28c38f154930713b0a64f6389191d8","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":321145384,"type":1,"supId":0,"prevId":0,"content":"Good ","text":"Good ","html":"Good "}],"langContent":"EN"},{"id":321154137,"gmtCreate":1615416540329,"gmtModify":1703488690183,"author":{"id":"3570707553717428","authorId":"3570707553717428","name":"Potatoe","avatar":"https://static.tigerbbs.com/cc3bd60b439769a7211eb0b3a1415aef","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3570707553717428","idStr":"3570707553717428"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/321154137","repostId":1176282144,"repostType":4,"repost":{"id":"1176282144","kind":"news","pubTimestamp":1615389675,"share":"https://www.laohu8.com/m/news/1176282144?lang=&edition=full","pubTime":"2021-03-10 23:21","market":"us","language":"en","title":"GE Announced Tons Wednesday. This Was the Real Bombshell.","url":"https://stock-news.laohu8.com/highlight/detail?id=1176282144","media":"Barrons","summary":"General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapa","content":"<p>General Electricis having a very busy day, with news that it sold itsjet-leasing business&nbsp;to&nbsp;AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-pandemic industrial landscape take a back seat to the conglomerate’s plan for a reverse stock split.</p>\n<p>General Electric (ticker: GE) is proposing to give investors one share for every eight they now hold. That will take its share price to about $112, based on recent levels, reducing the shares outstanding to about 1.1 billion from a little less than9 billion.</p>\n<p>The question is why? Most companiesspit their stock, creating a lower share price and more shares outstanding, as stock prices rise over time. Companies appear to like to have a stock price at a certain level, following the Goldilocks principle of not too high and not too low.</p>\n<p>That appears to be the reason for this reverse split, too. A scan of GE’s peers shows share prices in the $100 to $200 range and share counts in the hundreds of millions. GE simply looks like an outlier.</p>\n<p>Investors like splits. They take them as a sign that things are getting better and that management expects prices to rise in the near future. Reverse splits, on the other hand, can make investors nervous. They can be interpreted as a sign the business is getting worse.</p>\n<p>The academic data appears to bear that fear out. A<i>Journal of Finance</i>study partly authored by Nobel laureate Eugene Fama found that splits are favorable and that reverse splits are ominous for one- and three-year forward stock returns. Splitters outperform the market and reverse splitters lag behind it.</p>\n<p>But there are a few caveats. First, the data set included almost 6,000 stock splits, but fewer than 100 reverse splits. Reverse splits are very rare. It’s tough to make a blanket statement from a small data set.</p>\n<p>What is more, many academic papers look at old data. The Fama data set includes stocks trading in the 1970s, 1980s and 1990s. A lot has changed in the marketplace since then.</p>\n<p>One common theme of stock-split studies, for instance, is a split’s impact on overall liquidity. A lower share price is simply within reach of more shareholders. More investors means more stock trading on any given day. That can make shares less volatile and less risky.</p>\n<p>Now, though, brokers offer share “slices” for as little as $5, essentially giving stock exposure to anyone who wants it, despite the absolute level any stock trades at.</p>\n<p>Concern about a deteriorating business may not be a factor with GE’s reverse split. The company isn’t what it once was, but that is old news. GE stock is down roughly 75% from its all-time high, but the slide happened long ago. CEOLarry Culpwas brought in during 2018 to turn around struggling operations.</p>\n<p>A lot of progress has been made. GE has paid back more than $70 billion in debt over the past few years. Deals such as the jet-leasing sale toAerCap(AER), the sale of the biopharma business toDanaher(DHR) and sales of stock in the oil-services providerBaker Hughes(BKR) are making the reduction possible.</p>\n<p>Despite the pandemic, which devastated demand for travel and the jet-aircraft engines GE makes, the stock is trading at the highest level since Culp took over. Coming into Wednesday, shares were up about30% year to date, far better than comparable gains of theS&amp;P 500andDow Jones Industrial Average.</p>\n<p>Investors are focusing now on what GE said about its future. GEmaintained its forecastsfor about 20 cents in per-share earnings and about $3.5 billion in free cash flow for 2021. Management says there will be modest growth in the key aviation business.</p>\n<p>That limited growth would return GE Aviation’s sales to levels realized around 2017, far from their pre-pandemic level in 201. That looks like a cautious call now that vaccines are rolling out across the globe, but Culp is fine with that.</p>\n<p>““We won’t be offended if [anyone] calls us conservative,” he told<i>Barron’s</i>.</p>\n<p>Being conservative is probably the right move for GE given all the internal and industrywide challenges the company has faced in recent years.</p>\n<p>The stock split is neither conservative nor aggressive. But it is another sign things are changing and that GE wants to be viewed as an industrial conglomerate, and not as the hybrid of manufacturing and finance the company became during the 1990s and 2000s.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GE Announced Tons Wednesday. This Was the Real Bombshell.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGE Announced Tons Wednesday. This Was the Real Bombshell.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-10 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-...</p>\n\n<a href=\"https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GE":"GE航空航天"},"source_url":"https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176282144","content_text":"General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-pandemic industrial landscape take a back seat to the conglomerate’s plan for a reverse stock split.\nGeneral Electric (ticker: GE) is proposing to give investors one share for every eight they now hold. That will take its share price to about $112, based on recent levels, reducing the shares outstanding to about 1.1 billion from a little less than9 billion.\nThe question is why? Most companiesspit their stock, creating a lower share price and more shares outstanding, as stock prices rise over time. Companies appear to like to have a stock price at a certain level, following the Goldilocks principle of not too high and not too low.\nThat appears to be the reason for this reverse split, too. A scan of GE’s peers shows share prices in the $100 to $200 range and share counts in the hundreds of millions. GE simply looks like an outlier.\nInvestors like splits. They take them as a sign that things are getting better and that management expects prices to rise in the near future. Reverse splits, on the other hand, can make investors nervous. They can be interpreted as a sign the business is getting worse.\nThe academic data appears to bear that fear out. AJournal of Financestudy partly authored by Nobel laureate Eugene Fama found that splits are favorable and that reverse splits are ominous for one- and three-year forward stock returns. Splitters outperform the market and reverse splitters lag behind it.\nBut there are a few caveats. First, the data set included almost 6,000 stock splits, but fewer than 100 reverse splits. Reverse splits are very rare. It’s tough to make a blanket statement from a small data set.\nWhat is more, many academic papers look at old data. The Fama data set includes stocks trading in the 1970s, 1980s and 1990s. A lot has changed in the marketplace since then.\nOne common theme of stock-split studies, for instance, is a split’s impact on overall liquidity. A lower share price is simply within reach of more shareholders. More investors means more stock trading on any given day. That can make shares less volatile and less risky.\nNow, though, brokers offer share “slices” for as little as $5, essentially giving stock exposure to anyone who wants it, despite the absolute level any stock trades at.\nConcern about a deteriorating business may not be a factor with GE’s reverse split. The company isn’t what it once was, but that is old news. GE stock is down roughly 75% from its all-time high, but the slide happened long ago. CEOLarry Culpwas brought in during 2018 to turn around struggling operations.\nA lot of progress has been made. GE has paid back more than $70 billion in debt over the past few years. Deals such as the jet-leasing sale toAerCap(AER), the sale of the biopharma business toDanaher(DHR) and sales of stock in the oil-services providerBaker Hughes(BKR) are making the reduction possible.\nDespite the pandemic, which devastated demand for travel and the jet-aircraft engines GE makes, the stock is trading at the highest level since Culp took over. Coming into Wednesday, shares were up about30% year to date, far better than comparable gains of theS&P 500andDow Jones Industrial Average.\nInvestors are focusing now on what GE said about its future. GEmaintained its forecastsfor about 20 cents in per-share earnings and about $3.5 billion in free cash flow for 2021. Management says there will be modest growth in the key aviation business.\nThat limited growth would return GE Aviation’s sales to levels realized around 2017, far from their pre-pandemic level in 201. That looks like a cautious call now that vaccines are rolling out across the globe, but Culp is fine with that.\n““We won’t be offended if [anyone] calls us conservative,” he toldBarron’s.\nBeing conservative is probably the right move for GE given all the internal and industrywide challenges the company has faced in recent years.\nThe stock split is neither conservative nor aggressive. But it is another sign things are changing and that GE wants to be viewed as an industrial conglomerate, and not as the hybrid of manufacturing and finance the company became during the 1990s and 2000s.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":321158669,"gmtCreate":1615416024251,"gmtModify":1703488684995,"author":{"id":"3571345352614779","authorId":"3571345352614779","name":"小白添祥","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3571345352614779","idStr":"3571345352614779"},"htmlText":"Kindly Give Me A Like &amp; A Comment Please. Thank You Very Much.","listText":"Kindly Give Me A Like &amp; A Comment Please. Thank You Very Much.","text":"Kindly Give Me A Like & A Comment Please. Thank You Very Much.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/321158669","repostId":1176282144,"repostType":4,"repost":{"id":"1176282144","kind":"news","pubTimestamp":1615389675,"share":"https://www.laohu8.com/m/news/1176282144?lang=&edition=full","pubTime":"2021-03-10 23:21","market":"us","language":"en","title":"GE Announced Tons Wednesday. This Was the Real Bombshell.","url":"https://stock-news.laohu8.com/highlight/detail?id=1176282144","media":"Barrons","summary":"General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapa","content":"<p>General Electricis having a very busy day, with news that it sold itsjet-leasing business&nbsp;to&nbsp;AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-pandemic industrial landscape take a back seat to the conglomerate’s plan for a reverse stock split.</p>\n<p>General Electric (ticker: GE) is proposing to give investors one share for every eight they now hold. That will take its share price to about $112, based on recent levels, reducing the shares outstanding to about 1.1 billion from a little less than9 billion.</p>\n<p>The question is why? Most companiesspit their stock, creating a lower share price and more shares outstanding, as stock prices rise over time. Companies appear to like to have a stock price at a certain level, following the Goldilocks principle of not too high and not too low.</p>\n<p>That appears to be the reason for this reverse split, too. A scan of GE’s peers shows share prices in the $100 to $200 range and share counts in the hundreds of millions. GE simply looks like an outlier.</p>\n<p>Investors like splits. They take them as a sign that things are getting better and that management expects prices to rise in the near future. Reverse splits, on the other hand, can make investors nervous. They can be interpreted as a sign the business is getting worse.</p>\n<p>The academic data appears to bear that fear out. A<i>Journal of Finance</i>study partly authored by Nobel laureate Eugene Fama found that splits are favorable and that reverse splits are ominous for one- and three-year forward stock returns. Splitters outperform the market and reverse splitters lag behind it.</p>\n<p>But there are a few caveats. First, the data set included almost 6,000 stock splits, but fewer than 100 reverse splits. Reverse splits are very rare. It’s tough to make a blanket statement from a small data set.</p>\n<p>What is more, many academic papers look at old data. The Fama data set includes stocks trading in the 1970s, 1980s and 1990s. A lot has changed in the marketplace since then.</p>\n<p>One common theme of stock-split studies, for instance, is a split’s impact on overall liquidity. A lower share price is simply within reach of more shareholders. More investors means more stock trading on any given day. That can make shares less volatile and less risky.</p>\n<p>Now, though, brokers offer share “slices” for as little as $5, essentially giving stock exposure to anyone who wants it, despite the absolute level any stock trades at.</p>\n<p>Concern about a deteriorating business may not be a factor with GE’s reverse split. The company isn’t what it once was, but that is old news. GE stock is down roughly 75% from its all-time high, but the slide happened long ago. CEOLarry Culpwas brought in during 2018 to turn around struggling operations.</p>\n<p>A lot of progress has been made. GE has paid back more than $70 billion in debt over the past few years. Deals such as the jet-leasing sale toAerCap(AER), the sale of the biopharma business toDanaher(DHR) and sales of stock in the oil-services providerBaker Hughes(BKR) are making the reduction possible.</p>\n<p>Despite the pandemic, which devastated demand for travel and the jet-aircraft engines GE makes, the stock is trading at the highest level since Culp took over. Coming into Wednesday, shares were up about30% year to date, far better than comparable gains of theS&amp;P 500andDow Jones Industrial Average.</p>\n<p>Investors are focusing now on what GE said about its future. GEmaintained its forecastsfor about 20 cents in per-share earnings and about $3.5 billion in free cash flow for 2021. Management says there will be modest growth in the key aviation business.</p>\n<p>That limited growth would return GE Aviation’s sales to levels realized around 2017, far from their pre-pandemic level in 201. That looks like a cautious call now that vaccines are rolling out across the globe, but Culp is fine with that.</p>\n<p>““We won’t be offended if [anyone] calls us conservative,” he told<i>Barron’s</i>.</p>\n<p>Being conservative is probably the right move for GE given all the internal and industrywide challenges the company has faced in recent years.</p>\n<p>The stock split is neither conservative nor aggressive. But it is another sign things are changing and that GE wants to be viewed as an industrial conglomerate, and not as the hybrid of manufacturing and finance the company became during the 1990s and 2000s.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GE Announced Tons Wednesday. This Was the Real Bombshell.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGE Announced Tons Wednesday. This Was the Real Bombshell.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-10 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-...</p>\n\n<a href=\"https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GE":"GE航空航天"},"source_url":"https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176282144","content_text":"General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-pandemic industrial landscape take a back seat to the conglomerate’s plan for a reverse stock split.\nGeneral Electric (ticker: GE) is proposing to give investors one share for every eight they now hold. That will take its share price to about $112, based on recent levels, reducing the shares outstanding to about 1.1 billion from a little less than9 billion.\nThe question is why? Most companiesspit their stock, creating a lower share price and more shares outstanding, as stock prices rise over time. Companies appear to like to have a stock price at a certain level, following the Goldilocks principle of not too high and not too low.\nThat appears to be the reason for this reverse split, too. A scan of GE’s peers shows share prices in the $100 to $200 range and share counts in the hundreds of millions. GE simply looks like an outlier.\nInvestors like splits. They take them as a sign that things are getting better and that management expects prices to rise in the near future. Reverse splits, on the other hand, can make investors nervous. They can be interpreted as a sign the business is getting worse.\nThe academic data appears to bear that fear out. AJournal of Financestudy partly authored by Nobel laureate Eugene Fama found that splits are favorable and that reverse splits are ominous for one- and three-year forward stock returns. Splitters outperform the market and reverse splitters lag behind it.\nBut there are a few caveats. First, the data set included almost 6,000 stock splits, but fewer than 100 reverse splits. Reverse splits are very rare. It’s tough to make a blanket statement from a small data set.\nWhat is more, many academic papers look at old data. The Fama data set includes stocks trading in the 1970s, 1980s and 1990s. A lot has changed in the marketplace since then.\nOne common theme of stock-split studies, for instance, is a split’s impact on overall liquidity. A lower share price is simply within reach of more shareholders. More investors means more stock trading on any given day. That can make shares less volatile and less risky.\nNow, though, brokers offer share “slices” for as little as $5, essentially giving stock exposure to anyone who wants it, despite the absolute level any stock trades at.\nConcern about a deteriorating business may not be a factor with GE’s reverse split. The company isn’t what it once was, but that is old news. GE stock is down roughly 75% from its all-time high, but the slide happened long ago. CEOLarry Culpwas brought in during 2018 to turn around struggling operations.\nA lot of progress has been made. GE has paid back more than $70 billion in debt over the past few years. Deals such as the jet-leasing sale toAerCap(AER), the sale of the biopharma business toDanaher(DHR) and sales of stock in the oil-services providerBaker Hughes(BKR) are making the reduction possible.\nDespite the pandemic, which devastated demand for travel and the jet-aircraft engines GE makes, the stock is trading at the highest level since Culp took over. Coming into Wednesday, shares were up about30% year to date, far better than comparable gains of theS&P 500andDow Jones Industrial Average.\nInvestors are focusing now on what GE said about its future. GEmaintained its forecastsfor about 20 cents in per-share earnings and about $3.5 billion in free cash flow for 2021. Management says there will be modest growth in the key aviation business.\nThat limited growth would return GE Aviation’s sales to levels realized around 2017, far from their pre-pandemic level in 201. That looks like a cautious call now that vaccines are rolling out across the globe, but Culp is fine with that.\n““We won’t be offended if [anyone] calls us conservative,” he toldBarron’s.\nBeing conservative is probably the right move for GE given all the internal and industrywide challenges the company has faced in recent years.\nThe stock split is neither conservative nor aggressive. But it is another sign things are changing and that GE wants to be viewed as an industrial conglomerate, and not as the hybrid of manufacturing and finance the company became during the 1990s and 2000s.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3764463,"gmtCreate":1615416596119,"gmtModify":1635756205056,"authorId":3576456086582950,"author":{"id":3576456086582950,"idStr":"3576456086582950","authorId":3576456086582950,"name":"tungngie","avatar":"https://static.tigerbbs.com/988bf89c2727c98e8bd27200a813c1b2","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":321158669,"type":1,"supId":0,"prevId":0,"content":"i would think this is good as it drives down the price and let smaller retail investors able to get in which may drive up the price again. but yes, it does make existing investors nervous.  [微笑] [惊吓]","text":"i would think this is good as it drives down the price and let smaller retail investors able to get in which may drive up the price again. but yes, it does make existing investors nervous.  [微笑] [惊吓]","html":"i would think this is good as it drives down the price and let smaller retail investors able to get in which may drive up the price again. but yes, it does make existing investors nervous.  [微笑] [惊吓]"},{"id":3764606,"gmtCreate":1615417924764,"gmtModify":1635756195223,"authorId":3568630624134613,"author":{"id":3568630624134613,"idStr":"3568630624134613","authorId":3568630624134613,"name":"Terry1989","avatar":"https://static.tigerbbs.com/8272a89e76043ea5cf409608f7f69586","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":321158669,"type":1,"supId":0,"prevId":0,"content":"good news?","text":"good news?","html":"good news?"},{"id":3764769,"gmtCreate":1615419144513,"gmtModify":1635756181679,"authorId":3575343781681994,"author":{"id":3575343781681994,"idStr":"3575343781681994","authorId":3575343781681994,"name":"Green_cow","avatar":"https://static.tigerbbs.com/603310c8ab4fc6c85e66f974bd131b56","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":321158669,"type":1,"supId":0,"prevId":0,"content":"Please like and comment.","text":"Please like and comment.","html":"Please like and comment."}],"langContent":"EN"},{"id":321150373,"gmtCreate":1615415399192,"gmtModify":1703488678945,"author":{"id":"3565081661382277","authorId":"3565081661382277","name":"Mm101","avatar":"https://static.tigerbbs.com/01758aa877d9e5a9767d24de3a4e2ff1","vip":1,"crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"3565081661382277","idStr":"3565081661382277"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/321150373","repostId":1176282144,"repostType":4,"repost":{"id":"1176282144","kind":"news","pubTimestamp":1615389675,"share":"https://www.laohu8.com/m/news/1176282144?lang=&edition=full","pubTime":"2021-03-10 23:21","market":"us","language":"en","title":"GE Announced Tons Wednesday. This Was the Real Bombshell.","url":"https://stock-news.laohu8.com/highlight/detail?id=1176282144","media":"Barrons","summary":"General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapa","content":"<p>General Electricis having a very busy day, with news that it sold itsjet-leasing business&nbsp;to&nbsp;AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-pandemic industrial landscape take a back seat to the conglomerate’s plan for a reverse stock split.</p>\n<p>General Electric (ticker: GE) is proposing to give investors one share for every eight they now hold. That will take its share price to about $112, based on recent levels, reducing the shares outstanding to about 1.1 billion from a little less than9 billion.</p>\n<p>The question is why? Most companiesspit their stock, creating a lower share price and more shares outstanding, as stock prices rise over time. Companies appear to like to have a stock price at a certain level, following the Goldilocks principle of not too high and not too low.</p>\n<p>That appears to be the reason for this reverse split, too. A scan of GE’s peers shows share prices in the $100 to $200 range and share counts in the hundreds of millions. GE simply looks like an outlier.</p>\n<p>Investors like splits. They take them as a sign that things are getting better and that management expects prices to rise in the near future. Reverse splits, on the other hand, can make investors nervous. They can be interpreted as a sign the business is getting worse.</p>\n<p>The academic data appears to bear that fear out. A<i>Journal of Finance</i>study partly authored by Nobel laureate Eugene Fama found that splits are favorable and that reverse splits are ominous for one- and three-year forward stock returns. Splitters outperform the market and reverse splitters lag behind it.</p>\n<p>But there are a few caveats. First, the data set included almost 6,000 stock splits, but fewer than 100 reverse splits. Reverse splits are very rare. It’s tough to make a blanket statement from a small data set.</p>\n<p>What is more, many academic papers look at old data. The Fama data set includes stocks trading in the 1970s, 1980s and 1990s. A lot has changed in the marketplace since then.</p>\n<p>One common theme of stock-split studies, for instance, is a split’s impact on overall liquidity. A lower share price is simply within reach of more shareholders. More investors means more stock trading on any given day. That can make shares less volatile and less risky.</p>\n<p>Now, though, brokers offer share “slices” for as little as $5, essentially giving stock exposure to anyone who wants it, despite the absolute level any stock trades at.</p>\n<p>Concern about a deteriorating business may not be a factor with GE’s reverse split. The company isn’t what it once was, but that is old news. GE stock is down roughly 75% from its all-time high, but the slide happened long ago. CEOLarry Culpwas brought in during 2018 to turn around struggling operations.</p>\n<p>A lot of progress has been made. GE has paid back more than $70 billion in debt over the past few years. Deals such as the jet-leasing sale toAerCap(AER), the sale of the biopharma business toDanaher(DHR) and sales of stock in the oil-services providerBaker Hughes(BKR) are making the reduction possible.</p>\n<p>Despite the pandemic, which devastated demand for travel and the jet-aircraft engines GE makes, the stock is trading at the highest level since Culp took over. Coming into Wednesday, shares were up about30% year to date, far better than comparable gains of theS&amp;P 500andDow Jones Industrial Average.</p>\n<p>Investors are focusing now on what GE said about its future. GEmaintained its forecastsfor about 20 cents in per-share earnings and about $3.5 billion in free cash flow for 2021. Management says there will be modest growth in the key aviation business.</p>\n<p>That limited growth would return GE Aviation’s sales to levels realized around 2017, far from their pre-pandemic level in 201. That looks like a cautious call now that vaccines are rolling out across the globe, but Culp is fine with that.</p>\n<p>““We won’t be offended if [anyone] calls us conservative,” he told<i>Barron’s</i>.</p>\n<p>Being conservative is probably the right move for GE given all the internal and industrywide challenges the company has faced in recent years.</p>\n<p>The stock split is neither conservative nor aggressive. But it is another sign things are changing and that GE wants to be viewed as an industrial conglomerate, and not as the hybrid of manufacturing and finance the company became during the 1990s and 2000s.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GE Announced Tons Wednesday. This Was the Real Bombshell.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGE Announced Tons Wednesday. This Was the Real Bombshell.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-10 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-...</p>\n\n<a href=\"https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GE":"GE航空航天"},"source_url":"https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176282144","content_text":"General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-pandemic industrial landscape take a back seat to the conglomerate’s plan for a reverse stock split.\nGeneral Electric (ticker: GE) is proposing to give investors one share for every eight they now hold. That will take its share price to about $112, based on recent levels, reducing the shares outstanding to about 1.1 billion from a little less than9 billion.\nThe question is why? Most companiesspit their stock, creating a lower share price and more shares outstanding, as stock prices rise over time. Companies appear to like to have a stock price at a certain level, following the Goldilocks principle of not too high and not too low.\nThat appears to be the reason for this reverse split, too. A scan of GE’s peers shows share prices in the $100 to $200 range and share counts in the hundreds of millions. GE simply looks like an outlier.\nInvestors like splits. They take them as a sign that things are getting better and that management expects prices to rise in the near future. Reverse splits, on the other hand, can make investors nervous. They can be interpreted as a sign the business is getting worse.\nThe academic data appears to bear that fear out. AJournal of Financestudy partly authored by Nobel laureate Eugene Fama found that splits are favorable and that reverse splits are ominous for one- and three-year forward stock returns. Splitters outperform the market and reverse splitters lag behind it.\nBut there are a few caveats. First, the data set included almost 6,000 stock splits, but fewer than 100 reverse splits. Reverse splits are very rare. It’s tough to make a blanket statement from a small data set.\nWhat is more, many academic papers look at old data. The Fama data set includes stocks trading in the 1970s, 1980s and 1990s. A lot has changed in the marketplace since then.\nOne common theme of stock-split studies, for instance, is a split’s impact on overall liquidity. A lower share price is simply within reach of more shareholders. More investors means more stock trading on any given day. That can make shares less volatile and less risky.\nNow, though, brokers offer share “slices” for as little as $5, essentially giving stock exposure to anyone who wants it, despite the absolute level any stock trades at.\nConcern about a deteriorating business may not be a factor with GE’s reverse split. The company isn’t what it once was, but that is old news. GE stock is down roughly 75% from its all-time high, but the slide happened long ago. CEOLarry Culpwas brought in during 2018 to turn around struggling operations.\nA lot of progress has been made. GE has paid back more than $70 billion in debt over the past few years. Deals such as the jet-leasing sale toAerCap(AER), the sale of the biopharma business toDanaher(DHR) and sales of stock in the oil-services providerBaker Hughes(BKR) are making the reduction possible.\nDespite the pandemic, which devastated demand for travel and the jet-aircraft engines GE makes, the stock is trading at the highest level since Culp took over. Coming into Wednesday, shares were up about30% year to date, far better than comparable gains of theS&P 500andDow Jones Industrial Average.\nInvestors are focusing now on what GE said about its future. GEmaintained its forecastsfor about 20 cents in per-share earnings and about $3.5 billion in free cash flow for 2021. Management says there will be modest growth in the key aviation business.\nThat limited growth would return GE Aviation’s sales to levels realized around 2017, far from their pre-pandemic level in 201. That looks like a cautious call now that vaccines are rolling out across the globe, but Culp is fine with that.\n““We won’t be offended if [anyone] calls us conservative,” he toldBarron’s.\nBeing conservative is probably the right move for GE given all the internal and industrywide challenges the company has faced in recent years.\nThe stock split is neither conservative nor aggressive. But it is another sign things are changing and that GE wants to be viewed as an industrial conglomerate, and not as the hybrid of manufacturing and finance the company became during the 1990s and 2000s.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3786534,"gmtCreate":1615614100937,"gmtModify":1635755015048,"authorId":3565081661382277,"author":{"id":3565081661382277,"idStr":"3565081661382277","authorId":3565081661382277,"name":"Mm101","avatar":"https://static.tigerbbs.com/01758aa877d9e5a9767d24de3a4e2ff1","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":321150373,"type":1,"supId":0,"prevId":0,"content":"Buy","text":"Buy","html":"Buy"}],"langContent":"EN"},{"id":321120526,"gmtCreate":1615413337565,"gmtModify":1703488666313,"author":{"id":"3575238538009043","authorId":"3575238538009043","name":"Vento95","avatar":"https://static.tigerbbs.com/4a003ece52ffa38def53388fb20bbe72","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3575238538009043","idStr":"3575238538009043"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/321120526","repostId":1176282144,"repostType":4,"repost":{"id":"1176282144","kind":"news","pubTimestamp":1615389675,"share":"https://www.laohu8.com/m/news/1176282144?lang=&edition=full","pubTime":"2021-03-10 23:21","market":"us","language":"en","title":"GE Announced Tons Wednesday. This Was the Real Bombshell.","url":"https://stock-news.laohu8.com/highlight/detail?id=1176282144","media":"Barrons","summary":"General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapa","content":"<p>General Electricis having a very busy day, with news that it sold itsjet-leasing business&nbsp;to&nbsp;AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-pandemic industrial landscape take a back seat to the conglomerate’s plan for a reverse stock split.</p>\n<p>General Electric (ticker: GE) is proposing to give investors one share for every eight they now hold. That will take its share price to about $112, based on recent levels, reducing the shares outstanding to about 1.1 billion from a little less than9 billion.</p>\n<p>The question is why? Most companiesspit their stock, creating a lower share price and more shares outstanding, as stock prices rise over time. Companies appear to like to have a stock price at a certain level, following the Goldilocks principle of not too high and not too low.</p>\n<p>That appears to be the reason for this reverse split, too. A scan of GE’s peers shows share prices in the $100 to $200 range and share counts in the hundreds of millions. GE simply looks like an outlier.</p>\n<p>Investors like splits. They take them as a sign that things are getting better and that management expects prices to rise in the near future. Reverse splits, on the other hand, can make investors nervous. They can be interpreted as a sign the business is getting worse.</p>\n<p>The academic data appears to bear that fear out. A<i>Journal of Finance</i>study partly authored by Nobel laureate Eugene Fama found that splits are favorable and that reverse splits are ominous for one- and three-year forward stock returns. Splitters outperform the market and reverse splitters lag behind it.</p>\n<p>But there are a few caveats. First, the data set included almost 6,000 stock splits, but fewer than 100 reverse splits. Reverse splits are very rare. It’s tough to make a blanket statement from a small data set.</p>\n<p>What is more, many academic papers look at old data. The Fama data set includes stocks trading in the 1970s, 1980s and 1990s. A lot has changed in the marketplace since then.</p>\n<p>One common theme of stock-split studies, for instance, is a split’s impact on overall liquidity. A lower share price is simply within reach of more shareholders. More investors means more stock trading on any given day. That can make shares less volatile and less risky.</p>\n<p>Now, though, brokers offer share “slices” for as little as $5, essentially giving stock exposure to anyone who wants it, despite the absolute level any stock trades at.</p>\n<p>Concern about a deteriorating business may not be a factor with GE’s reverse split. The company isn’t what it once was, but that is old news. GE stock is down roughly 75% from its all-time high, but the slide happened long ago. CEOLarry Culpwas brought in during 2018 to turn around struggling operations.</p>\n<p>A lot of progress has been made. GE has paid back more than $70 billion in debt over the past few years. Deals such as the jet-leasing sale toAerCap(AER), the sale of the biopharma business toDanaher(DHR) and sales of stock in the oil-services providerBaker Hughes(BKR) are making the reduction possible.</p>\n<p>Despite the pandemic, which devastated demand for travel and the jet-aircraft engines GE makes, the stock is trading at the highest level since Culp took over. Coming into Wednesday, shares were up about30% year to date, far better than comparable gains of theS&amp;P 500andDow Jones Industrial Average.</p>\n<p>Investors are focusing now on what GE said about its future. GEmaintained its forecastsfor about 20 cents in per-share earnings and about $3.5 billion in free cash flow for 2021. Management says there will be modest growth in the key aviation business.</p>\n<p>That limited growth would return GE Aviation’s sales to levels realized around 2017, far from their pre-pandemic level in 201. That looks like a cautious call now that vaccines are rolling out across the globe, but Culp is fine with that.</p>\n<p>““We won’t be offended if [anyone] calls us conservative,” he told<i>Barron’s</i>.</p>\n<p>Being conservative is probably the right move for GE given all the internal and industrywide challenges the company has faced in recent years.</p>\n<p>The stock split is neither conservative nor aggressive. But it is another sign things are changing and that GE wants to be viewed as an industrial conglomerate, and not as the hybrid of manufacturing and finance the company became during the 1990s and 2000s.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GE Announced Tons Wednesday. This Was the Real Bombshell.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGE Announced Tons Wednesday. This Was the Real Bombshell.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-10 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-...</p>\n\n<a href=\"https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GE":"GE航空航天"},"source_url":"https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176282144","content_text":"General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-pandemic industrial landscape take a back seat to the conglomerate’s plan for a reverse stock split.\nGeneral Electric (ticker: GE) is proposing to give investors one share for every eight they now hold. That will take its share price to about $112, based on recent levels, reducing the shares outstanding to about 1.1 billion from a little less than9 billion.\nThe question is why? Most companiesspit their stock, creating a lower share price and more shares outstanding, as stock prices rise over time. Companies appear to like to have a stock price at a certain level, following the Goldilocks principle of not too high and not too low.\nThat appears to be the reason for this reverse split, too. A scan of GE’s peers shows share prices in the $100 to $200 range and share counts in the hundreds of millions. GE simply looks like an outlier.\nInvestors like splits. They take them as a sign that things are getting better and that management expects prices to rise in the near future. Reverse splits, on the other hand, can make investors nervous. They can be interpreted as a sign the business is getting worse.\nThe academic data appears to bear that fear out. AJournal of Financestudy partly authored by Nobel laureate Eugene Fama found that splits are favorable and that reverse splits are ominous for one- and three-year forward stock returns. Splitters outperform the market and reverse splitters lag behind it.\nBut there are a few caveats. First, the data set included almost 6,000 stock splits, but fewer than 100 reverse splits. Reverse splits are very rare. It’s tough to make a blanket statement from a small data set.\nWhat is more, many academic papers look at old data. The Fama data set includes stocks trading in the 1970s, 1980s and 1990s. A lot has changed in the marketplace since then.\nOne common theme of stock-split studies, for instance, is a split’s impact on overall liquidity. A lower share price is simply within reach of more shareholders. More investors means more stock trading on any given day. That can make shares less volatile and less risky.\nNow, though, brokers offer share “slices” for as little as $5, essentially giving stock exposure to anyone who wants it, despite the absolute level any stock trades at.\nConcern about a deteriorating business may not be a factor with GE’s reverse split. The company isn’t what it once was, but that is old news. GE stock is down roughly 75% from its all-time high, but the slide happened long ago. CEOLarry Culpwas brought in during 2018 to turn around struggling operations.\nA lot of progress has been made. GE has paid back more than $70 billion in debt over the past few years. Deals such as the jet-leasing sale toAerCap(AER), the sale of the biopharma business toDanaher(DHR) and sales of stock in the oil-services providerBaker Hughes(BKR) are making the reduction possible.\nDespite the pandemic, which devastated demand for travel and the jet-aircraft engines GE makes, the stock is trading at the highest level since Culp took over. Coming into Wednesday, shares were up about30% year to date, far better than comparable gains of theS&P 500andDow Jones Industrial Average.\nInvestors are focusing now on what GE said about its future. GEmaintained its forecastsfor about 20 cents in per-share earnings and about $3.5 billion in free cash flow for 2021. Management says there will be modest growth in the key aviation business.\nThat limited growth would return GE Aviation’s sales to levels realized around 2017, far from their pre-pandemic level in 201. That looks like a cautious call now that vaccines are rolling out across the globe, but Culp is fine with that.\n““We won’t be offended if [anyone] calls us conservative,” he toldBarron’s.\nBeing conservative is probably the right move for GE given all the internal and industrywide challenges the company has faced in recent years.\nThe stock split is neither conservative nor aggressive. But it is another sign things are changing and that GE wants to be viewed as an industrial conglomerate, and not as the hybrid of manufacturing and finance the company became during the 1990s and 2000s.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":321326956,"gmtCreate":1615396167975,"gmtModify":1703488541391,"author":{"id":"3573875235773606","authorId":"3573875235773606","name":"JiaJun87","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3573875235773606","idStr":"3573875235773606"},"htmlText":"..","listText":"..","text":"..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/321326956","repostId":1176282144,"repostType":4,"repost":{"id":"1176282144","kind":"news","pubTimestamp":1615389675,"share":"https://www.laohu8.com/m/news/1176282144?lang=&edition=full","pubTime":"2021-03-10 23:21","market":"us","language":"en","title":"GE Announced Tons Wednesday. This Was the Real Bombshell.","url":"https://stock-news.laohu8.com/highlight/detail?id=1176282144","media":"Barrons","summary":"General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapa","content":"<p>General Electricis having a very busy day, with news that it sold itsjet-leasing business&nbsp;to&nbsp;AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-pandemic industrial landscape take a back seat to the conglomerate’s plan for a reverse stock split.</p>\n<p>General Electric (ticker: GE) is proposing to give investors one share for every eight they now hold. That will take its share price to about $112, based on recent levels, reducing the shares outstanding to about 1.1 billion from a little less than9 billion.</p>\n<p>The question is why? Most companiesspit their stock, creating a lower share price and more shares outstanding, as stock prices rise over time. Companies appear to like to have a stock price at a certain level, following the Goldilocks principle of not too high and not too low.</p>\n<p>That appears to be the reason for this reverse split, too. A scan of GE’s peers shows share prices in the $100 to $200 range and share counts in the hundreds of millions. GE simply looks like an outlier.</p>\n<p>Investors like splits. They take them as a sign that things are getting better and that management expects prices to rise in the near future. Reverse splits, on the other hand, can make investors nervous. They can be interpreted as a sign the business is getting worse.</p>\n<p>The academic data appears to bear that fear out. A<i>Journal of Finance</i>study partly authored by Nobel laureate Eugene Fama found that splits are favorable and that reverse splits are ominous for one- and three-year forward stock returns. Splitters outperform the market and reverse splitters lag behind it.</p>\n<p>But there are a few caveats. First, the data set included almost 6,000 stock splits, but fewer than 100 reverse splits. Reverse splits are very rare. It’s tough to make a blanket statement from a small data set.</p>\n<p>What is more, many academic papers look at old data. The Fama data set includes stocks trading in the 1970s, 1980s and 1990s. A lot has changed in the marketplace since then.</p>\n<p>One common theme of stock-split studies, for instance, is a split’s impact on overall liquidity. A lower share price is simply within reach of more shareholders. More investors means more stock trading on any given day. That can make shares less volatile and less risky.</p>\n<p>Now, though, brokers offer share “slices” for as little as $5, essentially giving stock exposure to anyone who wants it, despite the absolute level any stock trades at.</p>\n<p>Concern about a deteriorating business may not be a factor with GE’s reverse split. The company isn’t what it once was, but that is old news. GE stock is down roughly 75% from its all-time high, but the slide happened long ago. CEOLarry Culpwas brought in during 2018 to turn around struggling operations.</p>\n<p>A lot of progress has been made. GE has paid back more than $70 billion in debt over the past few years. Deals such as the jet-leasing sale toAerCap(AER), the sale of the biopharma business toDanaher(DHR) and sales of stock in the oil-services providerBaker Hughes(BKR) are making the reduction possible.</p>\n<p>Despite the pandemic, which devastated demand for travel and the jet-aircraft engines GE makes, the stock is trading at the highest level since Culp took over. Coming into Wednesday, shares were up about30% year to date, far better than comparable gains of theS&amp;P 500andDow Jones Industrial Average.</p>\n<p>Investors are focusing now on what GE said about its future. GEmaintained its forecastsfor about 20 cents in per-share earnings and about $3.5 billion in free cash flow for 2021. Management says there will be modest growth in the key aviation business.</p>\n<p>That limited growth would return GE Aviation’s sales to levels realized around 2017, far from their pre-pandemic level in 201. That looks like a cautious call now that vaccines are rolling out across the globe, but Culp is fine with that.</p>\n<p>““We won’t be offended if [anyone] calls us conservative,” he told<i>Barron’s</i>.</p>\n<p>Being conservative is probably the right move for GE given all the internal and industrywide challenges the company has faced in recent years.</p>\n<p>The stock split is neither conservative nor aggressive. But it is another sign things are changing and that GE wants to be viewed as an industrial conglomerate, and not as the hybrid of manufacturing and finance the company became during the 1990s and 2000s.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GE Announced Tons Wednesday. This Was the Real Bombshell.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGE Announced Tons Wednesday. This Was the Real Bombshell.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-10 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-...</p>\n\n<a href=\"https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GE":"GE航空航天"},"source_url":"https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176282144","content_text":"General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-pandemic industrial landscape take a back seat to the conglomerate’s plan for a reverse stock split.\nGeneral Electric (ticker: GE) is proposing to give investors one share for every eight they now hold. That will take its share price to about $112, based on recent levels, reducing the shares outstanding to about 1.1 billion from a little less than9 billion.\nThe question is why? Most companiesspit their stock, creating a lower share price and more shares outstanding, as stock prices rise over time. Companies appear to like to have a stock price at a certain level, following the Goldilocks principle of not too high and not too low.\nThat appears to be the reason for this reverse split, too. A scan of GE’s peers shows share prices in the $100 to $200 range and share counts in the hundreds of millions. GE simply looks like an outlier.\nInvestors like splits. They take them as a sign that things are getting better and that management expects prices to rise in the near future. Reverse splits, on the other hand, can make investors nervous. They can be interpreted as a sign the business is getting worse.\nThe academic data appears to bear that fear out. AJournal of Financestudy partly authored by Nobel laureate Eugene Fama found that splits are favorable and that reverse splits are ominous for one- and three-year forward stock returns. Splitters outperform the market and reverse splitters lag behind it.\nBut there are a few caveats. First, the data set included almost 6,000 stock splits, but fewer than 100 reverse splits. Reverse splits are very rare. It’s tough to make a blanket statement from a small data set.\nWhat is more, many academic papers look at old data. The Fama data set includes stocks trading in the 1970s, 1980s and 1990s. A lot has changed in the marketplace since then.\nOne common theme of stock-split studies, for instance, is a split’s impact on overall liquidity. A lower share price is simply within reach of more shareholders. More investors means more stock trading on any given day. That can make shares less volatile and less risky.\nNow, though, brokers offer share “slices” for as little as $5, essentially giving stock exposure to anyone who wants it, despite the absolute level any stock trades at.\nConcern about a deteriorating business may not be a factor with GE’s reverse split. The company isn’t what it once was, but that is old news. GE stock is down roughly 75% from its all-time high, but the slide happened long ago. CEOLarry Culpwas brought in during 2018 to turn around struggling operations.\nA lot of progress has been made. GE has paid back more than $70 billion in debt over the past few years. Deals such as the jet-leasing sale toAerCap(AER), the sale of the biopharma business toDanaher(DHR) and sales of stock in the oil-services providerBaker Hughes(BKR) are making the reduction possible.\nDespite the pandemic, which devastated demand for travel and the jet-aircraft engines GE makes, the stock is trading at the highest level since Culp took over. Coming into Wednesday, shares were up about30% year to date, far better than comparable gains of theS&P 500andDow Jones Industrial Average.\nInvestors are focusing now on what GE said about its future. GEmaintained its forecastsfor about 20 cents in per-share earnings and about $3.5 billion in free cash flow for 2021. Management says there will be modest growth in the key aviation business.\nThat limited growth would return GE Aviation’s sales to levels realized around 2017, far from their pre-pandemic level in 201. That looks like a cautious call now that vaccines are rolling out across the globe, but Culp is fine with that.\n““We won’t be offended if [anyone] calls us conservative,” he toldBarron’s.\nBeing conservative is probably the right move for GE given all the internal and industrywide challenges the company has faced in recent years.\nThe stock split is neither conservative nor aggressive. But it is another sign things are changing and that GE wants to be viewed as an industrial conglomerate, and not as the hybrid of manufacturing and finance the company became during the 1990s and 2000s.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":321368349,"gmtCreate":1615395133481,"gmtModify":1703488526522,"author":{"id":"3564210269929975","authorId":"3564210269929975","name":"kk__soh","avatar":"https://static.tigerbbs.com/f54f0205e29fd09d7864877ae54901e3","vip":1,"crmLevel":7,"crmLevelSwitch":0,"authorIdStr":"3564210269929975","idStr":"3564210269929975"},"htmlText":"Why reverse split? Cost more damage in the both short and long term","listText":"Why reverse split? Cost more damage in the both short and long term","text":"Why reverse split? Cost more damage in the both short and long term","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/321368349","repostId":1176282144,"repostType":4,"repost":{"id":"1176282144","kind":"news","pubTimestamp":1615389675,"share":"https://www.laohu8.com/m/news/1176282144?lang=&edition=full","pubTime":"2021-03-10 23:21","market":"us","language":"en","title":"GE Announced Tons Wednesday. This Was the Real Bombshell.","url":"https://stock-news.laohu8.com/highlight/detail?id=1176282144","media":"Barrons","summary":"General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapa","content":"<p>General Electricis having a very busy day, with news that it sold itsjet-leasing business&nbsp;to&nbsp;AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-pandemic industrial landscape take a back seat to the conglomerate’s plan for a reverse stock split.</p>\n<p>General Electric (ticker: GE) is proposing to give investors one share for every eight they now hold. That will take its share price to about $112, based on recent levels, reducing the shares outstanding to about 1.1 billion from a little less than9 billion.</p>\n<p>The question is why? Most companiesspit their stock, creating a lower share price and more shares outstanding, as stock prices rise over time. Companies appear to like to have a stock price at a certain level, following the Goldilocks principle of not too high and not too low.</p>\n<p>That appears to be the reason for this reverse split, too. A scan of GE’s peers shows share prices in the $100 to $200 range and share counts in the hundreds of millions. GE simply looks like an outlier.</p>\n<p>Investors like splits. They take them as a sign that things are getting better and that management expects prices to rise in the near future. Reverse splits, on the other hand, can make investors nervous. They can be interpreted as a sign the business is getting worse.</p>\n<p>The academic data appears to bear that fear out. A<i>Journal of Finance</i>study partly authored by Nobel laureate Eugene Fama found that splits are favorable and that reverse splits are ominous for one- and three-year forward stock returns. Splitters outperform the market and reverse splitters lag behind it.</p>\n<p>But there are a few caveats. First, the data set included almost 6,000 stock splits, but fewer than 100 reverse splits. Reverse splits are very rare. It’s tough to make a blanket statement from a small data set.</p>\n<p>What is more, many academic papers look at old data. The Fama data set includes stocks trading in the 1970s, 1980s and 1990s. A lot has changed in the marketplace since then.</p>\n<p>One common theme of stock-split studies, for instance, is a split’s impact on overall liquidity. A lower share price is simply within reach of more shareholders. More investors means more stock trading on any given day. That can make shares less volatile and less risky.</p>\n<p>Now, though, brokers offer share “slices” for as little as $5, essentially giving stock exposure to anyone who wants it, despite the absolute level any stock trades at.</p>\n<p>Concern about a deteriorating business may not be a factor with GE’s reverse split. The company isn’t what it once was, but that is old news. GE stock is down roughly 75% from its all-time high, but the slide happened long ago. CEOLarry Culpwas brought in during 2018 to turn around struggling operations.</p>\n<p>A lot of progress has been made. GE has paid back more than $70 billion in debt over the past few years. Deals such as the jet-leasing sale toAerCap(AER), the sale of the biopharma business toDanaher(DHR) and sales of stock in the oil-services providerBaker Hughes(BKR) are making the reduction possible.</p>\n<p>Despite the pandemic, which devastated demand for travel and the jet-aircraft engines GE makes, the stock is trading at the highest level since Culp took over. Coming into Wednesday, shares were up about30% year to date, far better than comparable gains of theS&amp;P 500andDow Jones Industrial Average.</p>\n<p>Investors are focusing now on what GE said about its future. GEmaintained its forecastsfor about 20 cents in per-share earnings and about $3.5 billion in free cash flow for 2021. Management says there will be modest growth in the key aviation business.</p>\n<p>That limited growth would return GE Aviation’s sales to levels realized around 2017, far from their pre-pandemic level in 201. That looks like a cautious call now that vaccines are rolling out across the globe, but Culp is fine with that.</p>\n<p>““We won’t be offended if [anyone] calls us conservative,” he told<i>Barron’s</i>.</p>\n<p>Being conservative is probably the right move for GE given all the internal and industrywide challenges the company has faced in recent years.</p>\n<p>The stock split is neither conservative nor aggressive. But it is another sign things are changing and that GE wants to be viewed as an industrial conglomerate, and not as the hybrid of manufacturing and finance the company became during the 1990s and 2000s.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GE Announced Tons Wednesday. This Was the Real Bombshell.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGE Announced Tons Wednesday. This Was the Real Bombshell.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-10 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-...</p>\n\n<a href=\"https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GE":"GE航空航天"},"source_url":"https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176282144","content_text":"General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-pandemic industrial landscape take a back seat to the conglomerate’s plan for a reverse stock split.\nGeneral Electric (ticker: GE) is proposing to give investors one share for every eight they now hold. That will take its share price to about $112, based on recent levels, reducing the shares outstanding to about 1.1 billion from a little less than9 billion.\nThe question is why? Most companiesspit their stock, creating a lower share price and more shares outstanding, as stock prices rise over time. Companies appear to like to have a stock price at a certain level, following the Goldilocks principle of not too high and not too low.\nThat appears to be the reason for this reverse split, too. A scan of GE’s peers shows share prices in the $100 to $200 range and share counts in the hundreds of millions. GE simply looks like an outlier.\nInvestors like splits. They take them as a sign that things are getting better and that management expects prices to rise in the near future. Reverse splits, on the other hand, can make investors nervous. They can be interpreted as a sign the business is getting worse.\nThe academic data appears to bear that fear out. AJournal of Financestudy partly authored by Nobel laureate Eugene Fama found that splits are favorable and that reverse splits are ominous for one- and three-year forward stock returns. Splitters outperform the market and reverse splitters lag behind it.\nBut there are a few caveats. First, the data set included almost 6,000 stock splits, but fewer than 100 reverse splits. Reverse splits are very rare. It’s tough to make a blanket statement from a small data set.\nWhat is more, many academic papers look at old data. The Fama data set includes stocks trading in the 1970s, 1980s and 1990s. A lot has changed in the marketplace since then.\nOne common theme of stock-split studies, for instance, is a split’s impact on overall liquidity. A lower share price is simply within reach of more shareholders. More investors means more stock trading on any given day. That can make shares less volatile and less risky.\nNow, though, brokers offer share “slices” for as little as $5, essentially giving stock exposure to anyone who wants it, despite the absolute level any stock trades at.\nConcern about a deteriorating business may not be a factor with GE’s reverse split. The company isn’t what it once was, but that is old news. GE stock is down roughly 75% from its all-time high, but the slide happened long ago. CEOLarry Culpwas brought in during 2018 to turn around struggling operations.\nA lot of progress has been made. GE has paid back more than $70 billion in debt over the past few years. Deals such as the jet-leasing sale toAerCap(AER), the sale of the biopharma business toDanaher(DHR) and sales of stock in the oil-services providerBaker Hughes(BKR) are making the reduction possible.\nDespite the pandemic, which devastated demand for travel and the jet-aircraft engines GE makes, the stock is trading at the highest level since Culp took over. Coming into Wednesday, shares were up about30% year to date, far better than comparable gains of theS&P 500andDow Jones Industrial Average.\nInvestors are focusing now on what GE said about its future. GEmaintained its forecastsfor about 20 cents in per-share earnings and about $3.5 billion in free cash flow for 2021. Management says there will be modest growth in the key aviation business.\nThat limited growth would return GE Aviation’s sales to levels realized around 2017, far from their pre-pandemic level in 201. That looks like a cautious call now that vaccines are rolling out across the globe, but Culp is fine with that.\n““We won’t be offended if [anyone] calls us conservative,” he toldBarron’s.\nBeing conservative is probably the right move for GE given all the internal and industrywide challenges the company has faced in recent years.\nThe stock split is neither conservative nor aggressive. But it is another sign things are changing and that GE wants to be viewed as an industrial conglomerate, and not as the hybrid of manufacturing and finance the company became during the 1990s and 2000s.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":321361522,"gmtCreate":1615395118966,"gmtModify":1703488525840,"author":{"id":"3576745346027676","authorId":"3576745346027676","name":"revilo","avatar":"https://static.tigerbbs.com/e8fe4c0f37051ba9e5b6bbb0ad5994d9","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3576745346027676","idStr":"3576745346027676"},"htmlText":"GE next!","listText":"GE next!","text":"GE next!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/321361522","repostId":1176282144,"repostType":4,"repost":{"id":"1176282144","kind":"news","pubTimestamp":1615389675,"share":"https://www.laohu8.com/m/news/1176282144?lang=&edition=full","pubTime":"2021-03-10 23:21","market":"us","language":"en","title":"GE Announced Tons Wednesday. This Was the Real Bombshell.","url":"https://stock-news.laohu8.com/highlight/detail?id=1176282144","media":"Barrons","summary":"General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapa","content":"<p>General Electricis having a very busy day, with news that it sold itsjet-leasing business&nbsp;to&nbsp;AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-pandemic industrial landscape take a back seat to the conglomerate’s plan for a reverse stock split.</p>\n<p>General Electric (ticker: GE) is proposing to give investors one share for every eight they now hold. That will take its share price to about $112, based on recent levels, reducing the shares outstanding to about 1.1 billion from a little less than9 billion.</p>\n<p>The question is why? Most companiesspit their stock, creating a lower share price and more shares outstanding, as stock prices rise over time. Companies appear to like to have a stock price at a certain level, following the Goldilocks principle of not too high and not too low.</p>\n<p>That appears to be the reason for this reverse split, too. A scan of GE’s peers shows share prices in the $100 to $200 range and share counts in the hundreds of millions. GE simply looks like an outlier.</p>\n<p>Investors like splits. They take them as a sign that things are getting better and that management expects prices to rise in the near future. Reverse splits, on the other hand, can make investors nervous. They can be interpreted as a sign the business is getting worse.</p>\n<p>The academic data appears to bear that fear out. A<i>Journal of Finance</i>study partly authored by Nobel laureate Eugene Fama found that splits are favorable and that reverse splits are ominous for one- and three-year forward stock returns. Splitters outperform the market and reverse splitters lag behind it.</p>\n<p>But there are a few caveats. First, the data set included almost 6,000 stock splits, but fewer than 100 reverse splits. Reverse splits are very rare. It’s tough to make a blanket statement from a small data set.</p>\n<p>What is more, many academic papers look at old data. The Fama data set includes stocks trading in the 1970s, 1980s and 1990s. A lot has changed in the marketplace since then.</p>\n<p>One common theme of stock-split studies, for instance, is a split’s impact on overall liquidity. A lower share price is simply within reach of more shareholders. More investors means more stock trading on any given day. That can make shares less volatile and less risky.</p>\n<p>Now, though, brokers offer share “slices” for as little as $5, essentially giving stock exposure to anyone who wants it, despite the absolute level any stock trades at.</p>\n<p>Concern about a deteriorating business may not be a factor with GE’s reverse split. The company isn’t what it once was, but that is old news. GE stock is down roughly 75% from its all-time high, but the slide happened long ago. CEOLarry Culpwas brought in during 2018 to turn around struggling operations.</p>\n<p>A lot of progress has been made. GE has paid back more than $70 billion in debt over the past few years. Deals such as the jet-leasing sale toAerCap(AER), the sale of the biopharma business toDanaher(DHR) and sales of stock in the oil-services providerBaker Hughes(BKR) are making the reduction possible.</p>\n<p>Despite the pandemic, which devastated demand for travel and the jet-aircraft engines GE makes, the stock is trading at the highest level since Culp took over. Coming into Wednesday, shares were up about30% year to date, far better than comparable gains of theS&amp;P 500andDow Jones Industrial Average.</p>\n<p>Investors are focusing now on what GE said about its future. GEmaintained its forecastsfor about 20 cents in per-share earnings and about $3.5 billion in free cash flow for 2021. Management says there will be modest growth in the key aviation business.</p>\n<p>That limited growth would return GE Aviation’s sales to levels realized around 2017, far from their pre-pandemic level in 201. That looks like a cautious call now that vaccines are rolling out across the globe, but Culp is fine with that.</p>\n<p>““We won’t be offended if [anyone] calls us conservative,” he told<i>Barron’s</i>.</p>\n<p>Being conservative is probably the right move for GE given all the internal and industrywide challenges the company has faced in recent years.</p>\n<p>The stock split is neither conservative nor aggressive. But it is another sign things are changing and that GE wants to be viewed as an industrial conglomerate, and not as the hybrid of manufacturing and finance the company became during the 1990s and 2000s.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GE Announced Tons Wednesday. This Was the Real Bombshell.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGE Announced Tons Wednesday. This Was the Real Bombshell.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-10 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-...</p>\n\n<a href=\"https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GE":"GE航空航天"},"source_url":"https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176282144","content_text":"General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-pandemic industrial landscape take a back seat to the conglomerate’s plan for a reverse stock split.\nGeneral Electric (ticker: GE) is proposing to give investors one share for every eight they now hold. That will take its share price to about $112, based on recent levels, reducing the shares outstanding to about 1.1 billion from a little less than9 billion.\nThe question is why? Most companiesspit their stock, creating a lower share price and more shares outstanding, as stock prices rise over time. Companies appear to like to have a stock price at a certain level, following the Goldilocks principle of not too high and not too low.\nThat appears to be the reason for this reverse split, too. A scan of GE’s peers shows share prices in the $100 to $200 range and share counts in the hundreds of millions. GE simply looks like an outlier.\nInvestors like splits. They take them as a sign that things are getting better and that management expects prices to rise in the near future. Reverse splits, on the other hand, can make investors nervous. They can be interpreted as a sign the business is getting worse.\nThe academic data appears to bear that fear out. AJournal of Financestudy partly authored by Nobel laureate Eugene Fama found that splits are favorable and that reverse splits are ominous for one- and three-year forward stock returns. Splitters outperform the market and reverse splitters lag behind it.\nBut there are a few caveats. First, the data set included almost 6,000 stock splits, but fewer than 100 reverse splits. Reverse splits are very rare. It’s tough to make a blanket statement from a small data set.\nWhat is more, many academic papers look at old data. The Fama data set includes stocks trading in the 1970s, 1980s and 1990s. A lot has changed in the marketplace since then.\nOne common theme of stock-split studies, for instance, is a split’s impact on overall liquidity. A lower share price is simply within reach of more shareholders. More investors means more stock trading on any given day. That can make shares less volatile and less risky.\nNow, though, brokers offer share “slices” for as little as $5, essentially giving stock exposure to anyone who wants it, despite the absolute level any stock trades at.\nConcern about a deteriorating business may not be a factor with GE’s reverse split. The company isn’t what it once was, but that is old news. GE stock is down roughly 75% from its all-time high, but the slide happened long ago. CEOLarry Culpwas brought in during 2018 to turn around struggling operations.\nA lot of progress has been made. GE has paid back more than $70 billion in debt over the past few years. Deals such as the jet-leasing sale toAerCap(AER), the sale of the biopharma business toDanaher(DHR) and sales of stock in the oil-services providerBaker Hughes(BKR) are making the reduction possible.\nDespite the pandemic, which devastated demand for travel and the jet-aircraft engines GE makes, the stock is trading at the highest level since Culp took over. Coming into Wednesday, shares were up about30% year to date, far better than comparable gains of theS&P 500andDow Jones Industrial Average.\nInvestors are focusing now on what GE said about its future. GEmaintained its forecastsfor about 20 cents in per-share earnings and about $3.5 billion in free cash flow for 2021. Management says there will be modest growth in the key aviation business.\nThat limited growth would return GE Aviation’s sales to levels realized around 2017, far from their pre-pandemic level in 201. That looks like a cautious call now that vaccines are rolling out across the globe, but Culp is fine with that.\n““We won’t be offended if [anyone] calls us conservative,” he toldBarron’s.\nBeing conservative is probably the right move for GE given all the internal and industrywide challenges the company has faced in recent years.\nThe stock split is neither conservative nor aggressive. But it is another sign things are changing and that GE wants to be viewed as an industrial conglomerate, and not as the hybrid of manufacturing and finance the company became during the 1990s and 2000s.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":321310673,"gmtCreate":1615393291792,"gmtModify":1703488494435,"author":{"id":"3574146629454837","authorId":"3574146629454837","name":"tzy8888","avatar":"https://static.tigerbbs.com/0ddd354aa6f555997f464cdc4999f08c","vip":1,"crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"3574146629454837","idStr":"3574146629454837"},"htmlText":"Cool!","listText":"Cool!","text":"Cool!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/321310673","repostId":1176282144,"repostType":4,"repost":{"id":"1176282144","kind":"news","pubTimestamp":1615389675,"share":"https://www.laohu8.com/m/news/1176282144?lang=&edition=full","pubTime":"2021-03-10 23:21","market":"us","language":"en","title":"GE Announced Tons Wednesday. This Was the Real Bombshell.","url":"https://stock-news.laohu8.com/highlight/detail?id=1176282144","media":"Barrons","summary":"General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapa","content":"<p>General Electricis having a very busy day, with news that it sold itsjet-leasing business&nbsp;to&nbsp;AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-pandemic industrial landscape take a back seat to the conglomerate’s plan for a reverse stock split.</p>\n<p>General Electric (ticker: GE) is proposing to give investors one share for every eight they now hold. That will take its share price to about $112, based on recent levels, reducing the shares outstanding to about 1.1 billion from a little less than9 billion.</p>\n<p>The question is why? Most companiesspit their stock, creating a lower share price and more shares outstanding, as stock prices rise over time. Companies appear to like to have a stock price at a certain level, following the Goldilocks principle of not too high and not too low.</p>\n<p>That appears to be the reason for this reverse split, too. A scan of GE’s peers shows share prices in the $100 to $200 range and share counts in the hundreds of millions. GE simply looks like an outlier.</p>\n<p>Investors like splits. They take them as a sign that things are getting better and that management expects prices to rise in the near future. Reverse splits, on the other hand, can make investors nervous. They can be interpreted as a sign the business is getting worse.</p>\n<p>The academic data appears to bear that fear out. A<i>Journal of Finance</i>study partly authored by Nobel laureate Eugene Fama found that splits are favorable and that reverse splits are ominous for one- and three-year forward stock returns. Splitters outperform the market and reverse splitters lag behind it.</p>\n<p>But there are a few caveats. First, the data set included almost 6,000 stock splits, but fewer than 100 reverse splits. Reverse splits are very rare. It’s tough to make a blanket statement from a small data set.</p>\n<p>What is more, many academic papers look at old data. The Fama data set includes stocks trading in the 1970s, 1980s and 1990s. A lot has changed in the marketplace since then.</p>\n<p>One common theme of stock-split studies, for instance, is a split’s impact on overall liquidity. A lower share price is simply within reach of more shareholders. More investors means more stock trading on any given day. That can make shares less volatile and less risky.</p>\n<p>Now, though, brokers offer share “slices” for as little as $5, essentially giving stock exposure to anyone who wants it, despite the absolute level any stock trades at.</p>\n<p>Concern about a deteriorating business may not be a factor with GE’s reverse split. The company isn’t what it once was, but that is old news. GE stock is down roughly 75% from its all-time high, but the slide happened long ago. CEOLarry Culpwas brought in during 2018 to turn around struggling operations.</p>\n<p>A lot of progress has been made. GE has paid back more than $70 billion in debt over the past few years. Deals such as the jet-leasing sale toAerCap(AER), the sale of the biopharma business toDanaher(DHR) and sales of stock in the oil-services providerBaker Hughes(BKR) are making the reduction possible.</p>\n<p>Despite the pandemic, which devastated demand for travel and the jet-aircraft engines GE makes, the stock is trading at the highest level since Culp took over. Coming into Wednesday, shares were up about30% year to date, far better than comparable gains of theS&amp;P 500andDow Jones Industrial Average.</p>\n<p>Investors are focusing now on what GE said about its future. GEmaintained its forecastsfor about 20 cents in per-share earnings and about $3.5 billion in free cash flow for 2021. Management says there will be modest growth in the key aviation business.</p>\n<p>That limited growth would return GE Aviation’s sales to levels realized around 2017, far from their pre-pandemic level in 201. That looks like a cautious call now that vaccines are rolling out across the globe, but Culp is fine with that.</p>\n<p>““We won’t be offended if [anyone] calls us conservative,” he told<i>Barron’s</i>.</p>\n<p>Being conservative is probably the right move for GE given all the internal and industrywide challenges the company has faced in recent years.</p>\n<p>The stock split is neither conservative nor aggressive. But it is another sign things are changing and that GE wants to be viewed as an industrial conglomerate, and not as the hybrid of manufacturing and finance the company became during the 1990s and 2000s.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GE Announced Tons Wednesday. This Was the Real Bombshell.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGE Announced Tons Wednesday. This Was the Real Bombshell.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-10 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-...</p>\n\n<a href=\"https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GE":"GE航空航天"},"source_url":"https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176282144","content_text":"General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-pandemic industrial landscape take a back seat to the conglomerate’s plan for a reverse stock split.\nGeneral Electric (ticker: GE) is proposing to give investors one share for every eight they now hold. That will take its share price to about $112, based on recent levels, reducing the shares outstanding to about 1.1 billion from a little less than9 billion.\nThe question is why? Most companiesspit their stock, creating a lower share price and more shares outstanding, as stock prices rise over time. Companies appear to like to have a stock price at a certain level, following the Goldilocks principle of not too high and not too low.\nThat appears to be the reason for this reverse split, too. A scan of GE’s peers shows share prices in the $100 to $200 range and share counts in the hundreds of millions. GE simply looks like an outlier.\nInvestors like splits. They take them as a sign that things are getting better and that management expects prices to rise in the near future. Reverse splits, on the other hand, can make investors nervous. They can be interpreted as a sign the business is getting worse.\nThe academic data appears to bear that fear out. AJournal of Financestudy partly authored by Nobel laureate Eugene Fama found that splits are favorable and that reverse splits are ominous for one- and three-year forward stock returns. Splitters outperform the market and reverse splitters lag behind it.\nBut there are a few caveats. First, the data set included almost 6,000 stock splits, but fewer than 100 reverse splits. Reverse splits are very rare. It’s tough to make a blanket statement from a small data set.\nWhat is more, many academic papers look at old data. The Fama data set includes stocks trading in the 1970s, 1980s and 1990s. A lot has changed in the marketplace since then.\nOne common theme of stock-split studies, for instance, is a split’s impact on overall liquidity. A lower share price is simply within reach of more shareholders. More investors means more stock trading on any given day. That can make shares less volatile and less risky.\nNow, though, brokers offer share “slices” for as little as $5, essentially giving stock exposure to anyone who wants it, despite the absolute level any stock trades at.\nConcern about a deteriorating business may not be a factor with GE’s reverse split. The company isn’t what it once was, but that is old news. GE stock is down roughly 75% from its all-time high, but the slide happened long ago. CEOLarry Culpwas brought in during 2018 to turn around struggling operations.\nA lot of progress has been made. GE has paid back more than $70 billion in debt over the past few years. Deals such as the jet-leasing sale toAerCap(AER), the sale of the biopharma business toDanaher(DHR) and sales of stock in the oil-services providerBaker Hughes(BKR) are making the reduction possible.\nDespite the pandemic, which devastated demand for travel and the jet-aircraft engines GE makes, the stock is trading at the highest level since Culp took over. Coming into Wednesday, shares were up about30% year to date, far better than comparable gains of theS&P 500andDow Jones Industrial Average.\nInvestors are focusing now on what GE said about its future. GEmaintained its forecastsfor about 20 cents in per-share earnings and about $3.5 billion in free cash flow for 2021. Management says there will be modest growth in the key aviation business.\nThat limited growth would return GE Aviation’s sales to levels realized around 2017, far from their pre-pandemic level in 201. That looks like a cautious call now that vaccines are rolling out across the globe, but Culp is fine with that.\n““We won’t be offended if [anyone] calls us conservative,” he toldBarron’s.\nBeing conservative is probably the right move for GE given all the internal and industrywide challenges the company has faced in recent years.\nThe stock split is neither conservative nor aggressive. But it is another sign things are changing and that GE wants to be viewed as an industrial conglomerate, and not as the hybrid of manufacturing and finance the company became during the 1990s and 2000s.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":321391985,"gmtCreate":1615392222147,"gmtModify":1703488471849,"author":{"id":"3566130979400930","authorId":"3566130979400930","name":"nsk","avatar":"https://static.tigerbbs.com/ca5161a1cfd9f69617bbe604d09aa849","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3566130979400930","idStr":"3566130979400930"},"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/321391985","repostId":1176282144,"repostType":4,"repost":{"id":"1176282144","kind":"news","pubTimestamp":1615389675,"share":"https://www.laohu8.com/m/news/1176282144?lang=&edition=full","pubTime":"2021-03-10 23:21","market":"us","language":"en","title":"GE Announced Tons Wednesday. This Was the Real Bombshell.","url":"https://stock-news.laohu8.com/highlight/detail?id=1176282144","media":"Barrons","summary":"General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapa","content":"<p>General Electricis having a very busy day, with news that it sold itsjet-leasing business&nbsp;to&nbsp;AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-pandemic industrial landscape take a back seat to the conglomerate’s plan for a reverse stock split.</p>\n<p>General Electric (ticker: GE) is proposing to give investors one share for every eight they now hold. That will take its share price to about $112, based on recent levels, reducing the shares outstanding to about 1.1 billion from a little less than9 billion.</p>\n<p>The question is why? Most companiesspit their stock, creating a lower share price and more shares outstanding, as stock prices rise over time. Companies appear to like to have a stock price at a certain level, following the Goldilocks principle of not too high and not too low.</p>\n<p>That appears to be the reason for this reverse split, too. A scan of GE’s peers shows share prices in the $100 to $200 range and share counts in the hundreds of millions. GE simply looks like an outlier.</p>\n<p>Investors like splits. They take them as a sign that things are getting better and that management expects prices to rise in the near future. Reverse splits, on the other hand, can make investors nervous. They can be interpreted as a sign the business is getting worse.</p>\n<p>The academic data appears to bear that fear out. A<i>Journal of Finance</i>study partly authored by Nobel laureate Eugene Fama found that splits are favorable and that reverse splits are ominous for one- and three-year forward stock returns. Splitters outperform the market and reverse splitters lag behind it.</p>\n<p>But there are a few caveats. First, the data set included almost 6,000 stock splits, but fewer than 100 reverse splits. Reverse splits are very rare. It’s tough to make a blanket statement from a small data set.</p>\n<p>What is more, many academic papers look at old data. The Fama data set includes stocks trading in the 1970s, 1980s and 1990s. A lot has changed in the marketplace since then.</p>\n<p>One common theme of stock-split studies, for instance, is a split’s impact on overall liquidity. A lower share price is simply within reach of more shareholders. More investors means more stock trading on any given day. That can make shares less volatile and less risky.</p>\n<p>Now, though, brokers offer share “slices” for as little as $5, essentially giving stock exposure to anyone who wants it, despite the absolute level any stock trades at.</p>\n<p>Concern about a deteriorating business may not be a factor with GE’s reverse split. The company isn’t what it once was, but that is old news. GE stock is down roughly 75% from its all-time high, but the slide happened long ago. CEOLarry Culpwas brought in during 2018 to turn around struggling operations.</p>\n<p>A lot of progress has been made. GE has paid back more than $70 billion in debt over the past few years. Deals such as the jet-leasing sale toAerCap(AER), the sale of the biopharma business toDanaher(DHR) and sales of stock in the oil-services providerBaker Hughes(BKR) are making the reduction possible.</p>\n<p>Despite the pandemic, which devastated demand for travel and the jet-aircraft engines GE makes, the stock is trading at the highest level since Culp took over. Coming into Wednesday, shares were up about30% year to date, far better than comparable gains of theS&amp;P 500andDow Jones Industrial Average.</p>\n<p>Investors are focusing now on what GE said about its future. GEmaintained its forecastsfor about 20 cents in per-share earnings and about $3.5 billion in free cash flow for 2021. Management says there will be modest growth in the key aviation business.</p>\n<p>That limited growth would return GE Aviation’s sales to levels realized around 2017, far from their pre-pandemic level in 201. That looks like a cautious call now that vaccines are rolling out across the globe, but Culp is fine with that.</p>\n<p>““We won’t be offended if [anyone] calls us conservative,” he told<i>Barron’s</i>.</p>\n<p>Being conservative is probably the right move for GE given all the internal and industrywide challenges the company has faced in recent years.</p>\n<p>The stock split is neither conservative nor aggressive. But it is another sign things are changing and that GE wants to be viewed as an industrial conglomerate, and not as the hybrid of manufacturing and finance the company became during the 1990s and 2000s.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GE Announced Tons Wednesday. This Was the Real Bombshell.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGE Announced Tons Wednesday. This Was the Real Bombshell.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-10 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-...</p>\n\n<a href=\"https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GE":"GE航空航天"},"source_url":"https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176282144","content_text":"General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-pandemic industrial landscape take a back seat to the conglomerate’s plan for a reverse stock split.\nGeneral Electric (ticker: GE) is proposing to give investors one share for every eight they now hold. That will take its share price to about $112, based on recent levels, reducing the shares outstanding to about 1.1 billion from a little less than9 billion.\nThe question is why? Most companiesspit their stock, creating a lower share price and more shares outstanding, as stock prices rise over time. Companies appear to like to have a stock price at a certain level, following the Goldilocks principle of not too high and not too low.\nThat appears to be the reason for this reverse split, too. A scan of GE’s peers shows share prices in the $100 to $200 range and share counts in the hundreds of millions. GE simply looks like an outlier.\nInvestors like splits. They take them as a sign that things are getting better and that management expects prices to rise in the near future. Reverse splits, on the other hand, can make investors nervous. They can be interpreted as a sign the business is getting worse.\nThe academic data appears to bear that fear out. AJournal of Financestudy partly authored by Nobel laureate Eugene Fama found that splits are favorable and that reverse splits are ominous for one- and three-year forward stock returns. Splitters outperform the market and reverse splitters lag behind it.\nBut there are a few caveats. First, the data set included almost 6,000 stock splits, but fewer than 100 reverse splits. Reverse splits are very rare. It’s tough to make a blanket statement from a small data set.\nWhat is more, many academic papers look at old data. The Fama data set includes stocks trading in the 1970s, 1980s and 1990s. A lot has changed in the marketplace since then.\nOne common theme of stock-split studies, for instance, is a split’s impact on overall liquidity. A lower share price is simply within reach of more shareholders. More investors means more stock trading on any given day. That can make shares less volatile and less risky.\nNow, though, brokers offer share “slices” for as little as $5, essentially giving stock exposure to anyone who wants it, despite the absolute level any stock trades at.\nConcern about a deteriorating business may not be a factor with GE’s reverse split. The company isn’t what it once was, but that is old news. GE stock is down roughly 75% from its all-time high, but the slide happened long ago. CEOLarry Culpwas brought in during 2018 to turn around struggling operations.\nA lot of progress has been made. GE has paid back more than $70 billion in debt over the past few years. Deals such as the jet-leasing sale toAerCap(AER), the sale of the biopharma business toDanaher(DHR) and sales of stock in the oil-services providerBaker Hughes(BKR) are making the reduction possible.\nDespite the pandemic, which devastated demand for travel and the jet-aircraft engines GE makes, the stock is trading at the highest level since Culp took over. Coming into Wednesday, shares were up about30% year to date, far better than comparable gains of theS&P 500andDow Jones Industrial Average.\nInvestors are focusing now on what GE said about its future. GEmaintained its forecastsfor about 20 cents in per-share earnings and about $3.5 billion in free cash flow for 2021. Management says there will be modest growth in the key aviation business.\nThat limited growth would return GE Aviation’s sales to levels realized around 2017, far from their pre-pandemic level in 201. That looks like a cautious call now that vaccines are rolling out across the globe, but Culp is fine with that.\n““We won’t be offended if [anyone] calls us conservative,” he toldBarron’s.\nBeing conservative is probably the right move for GE given all the internal and industrywide challenges the company has faced in recent years.\nThe stock split is neither conservative nor aggressive. But it is another sign things are changing and that GE wants to be viewed as an industrial conglomerate, and not as the hybrid of manufacturing and finance the company became during the 1990s and 2000s.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":321390979,"gmtCreate":1615392018591,"gmtModify":1703488467673,"author":{"id":"3574400316429410","authorId":"3574400316429410","name":"naan","avatar":"https://static.tigerbbs.com/5846811c3194d2eaeac65a7165552bc1","vip":1,"crmLevel":7,"crmLevelSwitch":0,"authorIdStr":"3574400316429410","idStr":"3574400316429410"},"htmlText":"Suicidal effect if reverse split...i think someone i. Keadership team saving thier job. Lol","listText":"Suicidal effect if reverse split...i think someone i. Keadership team saving thier job. Lol","text":"Suicidal effect if reverse split...i think someone i. Keadership team saving thier job. Lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/321390979","repostId":1176282144,"repostType":4,"repost":{"id":"1176282144","kind":"news","pubTimestamp":1615389675,"share":"https://www.laohu8.com/m/news/1176282144?lang=&edition=full","pubTime":"2021-03-10 23:21","market":"us","language":"en","title":"GE Announced Tons Wednesday. This Was the Real Bombshell.","url":"https://stock-news.laohu8.com/highlight/detail?id=1176282144","media":"Barrons","summary":"General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapa","content":"<p>General Electricis having a very busy day, with news that it sold itsjet-leasing business&nbsp;to&nbsp;AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-pandemic industrial landscape take a back seat to the conglomerate’s plan for a reverse stock split.</p>\n<p>General Electric (ticker: GE) is proposing to give investors one share for every eight they now hold. That will take its share price to about $112, based on recent levels, reducing the shares outstanding to about 1.1 billion from a little less than9 billion.</p>\n<p>The question is why? Most companiesspit their stock, creating a lower share price and more shares outstanding, as stock prices rise over time. Companies appear to like to have a stock price at a certain level, following the Goldilocks principle of not too high and not too low.</p>\n<p>That appears to be the reason for this reverse split, too. A scan of GE’s peers shows share prices in the $100 to $200 range and share counts in the hundreds of millions. GE simply looks like an outlier.</p>\n<p>Investors like splits. They take them as a sign that things are getting better and that management expects prices to rise in the near future. Reverse splits, on the other hand, can make investors nervous. They can be interpreted as a sign the business is getting worse.</p>\n<p>The academic data appears to bear that fear out. A<i>Journal of Finance</i>study partly authored by Nobel laureate Eugene Fama found that splits are favorable and that reverse splits are ominous for one- and three-year forward stock returns. Splitters outperform the market and reverse splitters lag behind it.</p>\n<p>But there are a few caveats. First, the data set included almost 6,000 stock splits, but fewer than 100 reverse splits. Reverse splits are very rare. It’s tough to make a blanket statement from a small data set.</p>\n<p>What is more, many academic papers look at old data. The Fama data set includes stocks trading in the 1970s, 1980s and 1990s. A lot has changed in the marketplace since then.</p>\n<p>One common theme of stock-split studies, for instance, is a split’s impact on overall liquidity. A lower share price is simply within reach of more shareholders. More investors means more stock trading on any given day. That can make shares less volatile and less risky.</p>\n<p>Now, though, brokers offer share “slices” for as little as $5, essentially giving stock exposure to anyone who wants it, despite the absolute level any stock trades at.</p>\n<p>Concern about a deteriorating business may not be a factor with GE’s reverse split. The company isn’t what it once was, but that is old news. GE stock is down roughly 75% from its all-time high, but the slide happened long ago. CEOLarry Culpwas brought in during 2018 to turn around struggling operations.</p>\n<p>A lot of progress has been made. GE has paid back more than $70 billion in debt over the past few years. Deals such as the jet-leasing sale toAerCap(AER), the sale of the biopharma business toDanaher(DHR) and sales of stock in the oil-services providerBaker Hughes(BKR) are making the reduction possible.</p>\n<p>Despite the pandemic, which devastated demand for travel and the jet-aircraft engines GE makes, the stock is trading at the highest level since Culp took over. Coming into Wednesday, shares were up about30% year to date, far better than comparable gains of theS&amp;P 500andDow Jones Industrial Average.</p>\n<p>Investors are focusing now on what GE said about its future. GEmaintained its forecastsfor about 20 cents in per-share earnings and about $3.5 billion in free cash flow for 2021. Management says there will be modest growth in the key aviation business.</p>\n<p>That limited growth would return GE Aviation’s sales to levels realized around 2017, far from their pre-pandemic level in 201. That looks like a cautious call now that vaccines are rolling out across the globe, but Culp is fine with that.</p>\n<p>““We won’t be offended if [anyone] calls us conservative,” he told<i>Barron’s</i>.</p>\n<p>Being conservative is probably the right move for GE given all the internal and industrywide challenges the company has faced in recent years.</p>\n<p>The stock split is neither conservative nor aggressive. But it is another sign things are changing and that GE wants to be viewed as an industrial conglomerate, and not as the hybrid of manufacturing and finance the company became during the 1990s and 2000s.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GE Announced Tons Wednesday. This Was the Real Bombshell.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGE Announced Tons Wednesday. This Was the Real Bombshell.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-10 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-...</p>\n\n<a href=\"https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GE":"GE航空航天"},"source_url":"https://www.barrons.com/articles/ge-announced-tons-wednesday-this-was-the-real-bombshell-51615389095?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176282144","content_text":"General Electricis having a very busy day, with news that it sold itsjet-leasing business to AerCapand financial forecasts for 2021. But the multibillion-dollar deal and theoutlookfor the post-pandemic industrial landscape take a back seat to the conglomerate’s plan for a reverse stock split.\nGeneral Electric (ticker: GE) is proposing to give investors one share for every eight they now hold. That will take its share price to about $112, based on recent levels, reducing the shares outstanding to about 1.1 billion from a little less than9 billion.\nThe question is why? Most companiesspit their stock, creating a lower share price and more shares outstanding, as stock prices rise over time. Companies appear to like to have a stock price at a certain level, following the Goldilocks principle of not too high and not too low.\nThat appears to be the reason for this reverse split, too. A scan of GE’s peers shows share prices in the $100 to $200 range and share counts in the hundreds of millions. GE simply looks like an outlier.\nInvestors like splits. They take them as a sign that things are getting better and that management expects prices to rise in the near future. Reverse splits, on the other hand, can make investors nervous. They can be interpreted as a sign the business is getting worse.\nThe academic data appears to bear that fear out. AJournal of Financestudy partly authored by Nobel laureate Eugene Fama found that splits are favorable and that reverse splits are ominous for one- and three-year forward stock returns. Splitters outperform the market and reverse splitters lag behind it.\nBut there are a few caveats. First, the data set included almost 6,000 stock splits, but fewer than 100 reverse splits. Reverse splits are very rare. It’s tough to make a blanket statement from a small data set.\nWhat is more, many academic papers look at old data. The Fama data set includes stocks trading in the 1970s, 1980s and 1990s. A lot has changed in the marketplace since then.\nOne common theme of stock-split studies, for instance, is a split’s impact on overall liquidity. A lower share price is simply within reach of more shareholders. More investors means more stock trading on any given day. That can make shares less volatile and less risky.\nNow, though, brokers offer share “slices” for as little as $5, essentially giving stock exposure to anyone who wants it, despite the absolute level any stock trades at.\nConcern about a deteriorating business may not be a factor with GE’s reverse split. The company isn’t what it once was, but that is old news. GE stock is down roughly 75% from its all-time high, but the slide happened long ago. CEOLarry Culpwas brought in during 2018 to turn around struggling operations.\nA lot of progress has been made. GE has paid back more than $70 billion in debt over the past few years. Deals such as the jet-leasing sale toAerCap(AER), the sale of the biopharma business toDanaher(DHR) and sales of stock in the oil-services providerBaker Hughes(BKR) are making the reduction possible.\nDespite the pandemic, which devastated demand for travel and the jet-aircraft engines GE makes, the stock is trading at the highest level since Culp took over. Coming into Wednesday, shares were up about30% year to date, far better than comparable gains of theS&P 500andDow Jones Industrial Average.\nInvestors are focusing now on what GE said about its future. GEmaintained its forecastsfor about 20 cents in per-share earnings and about $3.5 billion in free cash flow for 2021. Management says there will be modest growth in the key aviation business.\nThat limited growth would return GE Aviation’s sales to levels realized around 2017, far from their pre-pandemic level in 201. That looks like a cautious call now that vaccines are rolling out across the globe, but Culp is fine with that.\n““We won’t be offended if [anyone] calls us conservative,” he toldBarron’s.\nBeing conservative is probably the right move for GE given all the internal and industrywide challenges the company has faced in recent years.\nThe stock split is neither conservative nor aggressive. But it is another sign things are changing and that GE wants to be viewed as an industrial conglomerate, and not as the hybrid of manufacturing and finance the company became during the 1990s and 2000s.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":150,"commentSize":26,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}