Asset sale will help brighten its outlook

Asset sale will help brighten its outlook

With its long-term debt at 117% of its market capitalization, this conglomerate is making strategic cuts to focus on three main businesses: aviation products, electrical power equipment, and renewable power equipment.


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GENERAL ELECTRIC CO. $10 (New York symbol GE; www.ge.com) continues to make progress with… Read More

Danaher bulks up ahead of spinoff

DANAHER CORP. $128 (New York symbol DHR; Manufacturing & Industry sector; Shares outstanding: 701.9 million; Market cap: $89.8 billion; Dividend yield: 0.5%; Takeover Target Rating: Medium; www.danaher.com) makes precision-testing equipment and tools. Its major customers include medical research labs, dentists and municipal water utilities. Its brands include Beckman… Read More

GE streamlines its operations

GENERAL ELECTRIC CO. $10 (New York symbol GE; Income Portfolio, Manufacturing & Industry sector; Shares outstanding: 8.7 billion; Market cap: $87.0 billion; Price-to-sales ratio: 0.7; Dividend yield: 0.4%; TSINetwork Rating: Average; www.ge.com) continues to make progress with its plan to focus on three main businesses: aviation products,… Read More

Updating Bank of Montreal and General Electric Co.

BANK OF MONTREAL $99 (Toronto symbol BMO; Income-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 640.1 million; Market cap: $64.0 billion; Dividend yield: 3.8%; Dividend Sustainability Rating: Highest; www.bmo.com) raised its quarterly dividend by 4.2% starting with the February 2019 payment. Investors now receive $1.00 a share, up… Read More

Spinoff plans enhance their prospects

GENERAL ELECTRIC CO. $8.98 (New York symbol GE, Manufacturing & Industry sector; Shares outstanding: 8.7 billion; Market cap: $78.1 billion; Dividend yield: 0.5%; Takeover Target Rating: Medium; www.ge.com) recently announced a major restructuring that will narrow its focus to three main businesses: aviation operations (jet engines and aircraft… Read More