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Ticker Summary (GE)
| 16.12-0.03 (-0.19%) | |
|---|---|
| Open | 15.92 |
| High | 16.24 |
| Low | 15.91 |
| Volume | 60,268,044 |
| Market Cap | 172.2B |
| 52 Week High | 19.70 |
| 52 Week Low | 13.03 |
| P/E | 16.97 |
| F P/E | 12.62 |
| EPS | 0.95 |
| Dividend | 0.40 |
| Yield | 2.48% |
| 1 Year Target | 20.50 |
GE 16.12 -0.19%
Warren Buffet's Berkshire Hathaway announced that it has agreed to buy $3 billion in preferred shares of General Electric. The preferred shares pay a 10 percent dividend and are callable after 3 years. General Electric will also be selling $12 billion in common stock in order to gain more cash to fund its current operations.
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