Interesting move
General Electric is handing over the business to Transnet SOC Ltd. in line with its strategy to exit the transportation business.
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Trump's threats to pull electric car subsidies could kill U.S. jobs and give China an edgePresident Trump’s threat to eliminate tax credits for all electric vehicles could create potential chaos for an auto industry that is just ramping up its roll-out of battery-based vehicles that are efficient, family friendly — and growing in popularity. I don't believe that. Oh, and cars in general are efficient and family friendly. Mind your infantile phrasing, NBC twit staff. He is blackmailed by Russia AND AND AND C H I N A !!!! Another lie
Source: NBCNews - 🏆 10. / 86 Read more »
General Electric slumps after Deutsche Bank slashes its price targetGeneral Electric was down as much as 6.7% to $7.41 a share Friday after Deutsche Bank cut its price target to $7 from $11. is DeutscheBank really in the position to tell anyone anything right now? Asking for a friend...
Source: BusinessInsider - 🏆 729. / 51 Read more »
General Electric just plunged, and one chart watcher says the devil's in the detailsShares of General Electric just plunged to a fresh nine-year low, and one equity strategist says investors should take note of one particularly devilish level for the stock: $6.66.
Source: CNBC - 🏆 12. / 72 Read more »
Watch CNBC's full interview with General Electric's Larry CulpCNBC's David Faber sits down with General Electric CEO Larry Culp to discuss the company's future outlook and what the company is doing to turnaround the stock. Sounds alot like more of the same. generalelectric should be ashamed of what it did to it's employees, retirees, and shareholders. larryculpjr needs to quit taking a page from Flannery's book and lay it ALL out there instead of allowing $GE to continue to be the joke of Wall St Seems like the problems at generalelectric is a...
Source: CNBC - 🏆 12. / 72 Read more »
General Electric CEO Culp says company has too much debtGeneral Electric Co Chief Executive Officer Larry Culp said on Monday the conglo... Cae las acciones de general electric Business school's will be writing about the failure of Jeffrey Immelt and his management team for decades. It smells of a toxic culture to the likes of Enron, Tyco, and other well published failures. GE needs to cut debt? What was the selling off of the appliance division for?
Source: Reuters - 🏆 2. / 97 Read more »
General Electric Retirees Contemplate Selling GE StockMany General Electric (GE) retirees depend on the company for their pension and the stock for their portfolio. This works great when the company is healthy and the stock performs, but the flip side is not pretty. probably a little late don't you think? What in the name of diversification is going on? Start infrastructure reboot now.
Source: Forbes - 🏆 394. / 53 Read more »
General Electric gets crushed, again — here's what three experts say may come nextShares of General Electric plunged on Monday to their lowest level since March 2009, extending the stock's severe losses from the session prior. As GE briefly broke below $8 per share, four experts told CNBC what investors might expect next.
Source: CNBC - 🏆 12. / 72 Read more »
General Electric seeks 'urgent' asset sales to cut debt: CEOGeneral Electric Co is pursuing assets sales with 'urgency' to reduce ... Thanks Immelt How the mighty have fallen! When your spending gets closer to your income, you start selling assets to keep up the spendings. Instead, you should have a vision and policy in place to see that you growth always has a fresh beginning. How about a 10 year contract for the workers with a rehabilitation plan ?
Source: Reuters - 🏆 2. / 97 Read more »
General Electric seeks urgent asset sales as bond fears riseGeneral Electric Co will sell assets with 'urgency' to reduce its high... How the mighty fall. I hope they don't go the way of Kodak and cease to be economically viable. So much winning trump’s economy DuPont: Gone. Sears: Gone. GE: going...
Source: Reuters - 🏆 2. / 97 Read more »