|Bid||22,625.00 x 0|
|Ask||23,113.00 x 0|
|Day's range||22,526.50 - 23,000.00|
|52-week range||14,770.50 - 25,000.00|
|Beta (5Y monthly)||1.12|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||33.44 (0.15%)|
|Ex-dividend date||20 Dec 2021|
|1y target est||N/A|
General Electric (GE) thrives on strong performance of the Aerospace and Healthcare segments, despite supply-chain disruptions and raw material cost inflation weighing on its operations.
3M's (NYSE: MMM) spin-off announcement last month caught the market by surprise and inevitably raised comparisons with General Electric's (NYSE: GE) impending breakup. Both companies plan to spin off their healthcare businesses in 2023 (with GE also planning to spin off its power and renewable energy businesses together in 2024) to unlock value for shareholders. Let's look at 3M's plans and what they mean for the investment case for the stock.
(Bloomberg) -- Money managers bought billions of dollars of leveraged loans in the US and Europe earlier this year, expecting to package them into bonds. Now the value of the debt has dropped, and firms are struggling to find ways to offload it without taking big losses.Most Read from BloombergAnshu Jain, Deutsche Bank Chief in a Pivotal Era, Dies at 59Trump Search’s Revelations Open New Political Front for MidtermsExtreme Heat Uncovers Lost Villages, Ancient Ruins and ShipwrecksAuthor Salman Ru