GE Vernova to Invest Nearly $600 Million in US Factories, Facilities Over Next 2 Years-March 2024-www.financetom.com

GE Vernova to Invest Nearly $600 Million in US Factories, Facilities Over Next 2 Years

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

GE Vernova to Invest Nearly $600 Million in US Factories, Facilities Over Next 2 Years

Jan 29, 2025 5:35 AM

08:04 AM EST, 01/29/2025 (MT Newswires) -- GE Vernova ( GEV ) said Wednesday that it will invest nearly $600 million in its factories and facilities in the US over the next two years.

The company said the investments are the first part of a $9 billion capital expenditure and research and design investment plan through 2028. It also said the US investments are expected to create approximately 1,500 jobs.

Previous page： Pfizer Q3 Earnings: Revenue And Profit Beat On Heightened Demand For Paxlovid, Expects $10 Billion In 2024 Revenue From COVID Products Next page： Asbury Automotive Group Q3 Adjusted Earnings Fall, Revenue Rises

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Pfizer Q3 Earnings: Revenue And Profit Beat On Heightened Demand For Paxlovid, Expects $10 Billion In 2024 Revenue From COVID Products

Nov 3, 2024

On Tuesday, Pfizer Inc ( PFE ). reported third-quarter adjusted EPS of $1.06, a turnaround from loss of 17 cents a year ago, beating the consensus of $0.62. The U.S. drugmaker reported sales of $17.70 billion, up 31% year-over-year (up 32% operationally), beating the consensus of $14.95 billion. The increase was primarily led by growth contributions from Paxlovid and several acquired products, key in-line...

Asbury Automotive Group Q3 Adjusted Earnings Fall, Revenue Rises

Nov 3, 2024

08:02 AM EDT, 10/29/2024 (MT Newswires) -- Asbury Automotive Group ( ABG ) reported Q3 adjusted earnings Tuesday of $6.35 per diluted share, down from $8.12 a year earlier. Analysts polled by Capital IQ expected $6.57. Revenue for the quarter ended Sept. 30 was $4.24 billion, up from $3.67 billion a year earlier. Analysts surveyed by Capital IQ expected $4.31...

ATI Q3 Adjusted Earnings Fall, Sales Rise; 2024 EPS Guidance Lowered

Nov 3, 2024

08:02 AM EDT, 10/29/2024 (MT Newswires) -- ATI (ATI) reported Q3 adjusted earnings Tuesday of $0.60 per share, down from $0.64 a year earlier. Analysts polled by Capital IQ expected $0.67. Net sales for the quarter ended Sept. 30 were $1.05 billion, compared with $1.03 billion a year earlier. Analysts surveyed by Capital IQ expected $1.12 billion. For 2024, the...

JetBlue Airways' Q3 Adjusted Net Loss Narrows, Operating Revenue Rises

Nov 3, 2024

08:02 AM EDT, 10/29/2024 (MT Newswires) -- JetBlue Airways ( JBLU ) reported a Q3 adjusted net loss Tuesday of $0.16 per diluted share, narrower than its adjusted net loss of $0.39 a year earlier. Analysts polled by Capital IQ expected a net loss of $0.21. Operating revenue for the quarter ended Sept.30 was $2.37 billion, up from $2.35 billion...