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GE has extended CEO Larry Culp’s contract until at least 2027 following a successful turnaround, which means he is no longer a candidate to lead Boeing.

Culp had been mentioned by analysts and others as a potential successor to Boeing’s Dave Calhoun, who announced his intention to resign by the end of the year.

GE has extended CEO Larry Culp’s contract until at least 2027 following a successful turnaround, which means he is no longer a candidate to lead Boeing. Read More »

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ETFsector.com Daily Trading Outlook, June 12, 2024

Two more record closes today as the Nasdaq added 0.88% while the S&P 500 added 0.27% to yesterday’s record close.  The Dow fell 0.31% on weakness from AXP and BA.  ORCL reported after-hours with shares trading +8% in the after-hours session.  AVGO reports tomorrow. Wednesday is the big day of the month with CPI data

ETFsector.com Daily Trading Outlook, June 12, 2024 Read More »

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