GE Vernova May Cut 900 Offshore Wind Jobs
GE Vernova CEO Appraises Nuclear Power Prospects, Offshore Wind Business
The nuclear power industry is set to add ‘gigawatts upon gigawatts’ of capacity heading into the 2030s, while offshore wind needs to sort out its business model, according to GE Vernova CEO Scott Strazik.
GE Vernova May Cut 900 Offshore Wind Jobs as It Scales Back
The company, a spinoff from General Electric, has been plagued by financial losses in its wind unit and, more recently, accidents involving the failure of turbine blades.
GE Vernova doing well, except for offshore wind issues
GE Vernova, which has significant operations in Schenectady, says it will have up to $35 billion in 2024 revenue.
GE Vernova plans 'leaner' offshore wind unit, will cut hundreds of jobs
Energy equipment maker GE Vernova said on Thursday it planned to slash the size of its struggling offshore wind business, a move that could cut 900 jobs around the world.
GE Vernova Says It May Cut 900 Jobs in Offshore-Wind Revamp
GE Vernova Inc. may cut about 900 jobs globally as it moves to shrink its offshore wind business. In a proposal to a group that represents European employees, GE Vernova said Thursday it intended to transform its offshore business globally into a smaller,
GE Vernova to shrink offshore wind business, slash 900 jobs
The company has faced scrutiny after one of its offshore wind blades fractured this year at a Massachusetts array.
GE Vernova to trim offshore wind unit, slashing hundreds of jobs
GE Vernova (NYSE:GEV) said it plans to cut the size of its offshore wind business, a move that could result in the elimination of 900 jobs around the world, Reuters reported Thursday. GE Vernova (GEV) cited cost inflation and supply chain challenges that have hurt the wind sector over the last year,
GE Vernova Stock Looks Unstoppable. A Dividend Could Be Coming.
GE Vernova shares picked up another Buy rating on Tuesday. That’s a positive for shares. So is a potential dividend coming ...
GE Vernova signs five onshore wind deals in Spain
The energy equipment manufacturer closed multiple wind agreements in Spain during the second quarter of 2024 (Q2 2024).
GE Vernova's Options: A Look at What the Big Money is Thinking
Following our analysis of the options activities associated with GE Vernova, we pivot to a closer look at the company's own ...
Watch These GE Vernova Price Levels as Stock Trading Near Record High
Key Takeaways GE Vernova shares will likely remain on watchlists Wednesday after hitting a new record high yesterday ...
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GE Vernova Inc (GEV) Reported a – Operating Margin Last Year—What’s the Real Story?
GE Vernova Inc (GEV) stock saw a modest uptick, ending the day at $245.46 which represents a slight increase of $1.01 or 0.41% from the prior close of $244.45. The stock opened at $243.23 and touched ...
GE Vernova's Gas Power Services Underappreciated & Poised For Growth: Analyst
GE Vernova upgraded to Buy by BofA Securities, price target raised from $200 to $300. Analyst sees potential in Gas Power ...
GE Vernova: Full Power Ahead
Read an update on GE Vernova's potential in the energy transition, strong backlog, and improving margins, but execution is ...
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GE Vernova Is Up 22% This Month, But Analysts Still See Upside
Jefferies analyst Julien Dumoulin-Smith raised the firm's price target on GE Vernova to 293, up from 261, while maintaining a ...