General Electric Stock Slides After Q1 Earnings Beat, 2022 Guide

Updated at 9:38 am EST General Electric  (GE) – Get General Electric Company Report posted better-than-expected first quarter earnings Tuesday, while confirming its full-year profit guidance and noting that its historic plans to split the group into three separate companies remains on track.  Shares were pressured in early trading, however, after CEO Larry Culp said supply … Read more

Johnson & Johnson Suspends Vaccine Sales Guide, Boosts Dividend

Updated at 9:59 am EST Johnson & Johnson  (JNJ) – Get Johnson & Johnson Report posted stronger-than-expected first quarter earnings Tuesday but lowered its full-year profit forecast, and suspended its guidance for vaccine sales amid what it called a global surplus and waning demand.  Johnson & Johnson said adjusted earnings for the three months ending in … Read more