General Electric (GE) Is Back In The Spotlight, What Is Drawing Attention Now?

General Electric (GE) is back in focus after GE Aerospace agreed to acquire castings supplier Consolidated Precision Products in a US$11.75b deal, the largest transaction since GE became a standalone aviation focused business. Recent price moves tell a mixed story. The share price is up 0.6% over the past day and 1.7% over the last week. It is down 7.9% over 90 days and slightly lower year to date, while total shareholder return over five years is up 390.9%. Momentum near earnings and the CPP...