'GE removed the disclosure of the long-term-care liabilities from part of its annual report for 2012 & didn’t put them back until this past February. That’s when GE reported insurance liabilities of $38 billion, up from $11.1 billion' prior year- That's super sketchy accounting.
Yurp, They over leveraged BIG time. Mind boggling that somehow GE and Sears could be gone. You ask our grandparents what 2 companies would always exist they’d be on it
General Electric....the poster child of Obamanomics
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Ken Langone: GE is a disasterGeneral Electric is a 'monumental example of bad governance and horrible leadership,' Invemed Associates CEO Ken Langone said. Here's what he thinks is in store for the future of the company: I wonder what the hell Immelt did? Who stole the wealth of G E ? “Dicknose deflects from his own deflated bag”
Source: CNBC - 🏆 12. / 72 Read more »
GE shares surge after longtime analyst Jeffrey Sprague gives his first buy rating in a decadeGeneral Electric shares rose in premarket trading Wednesday after longtime analyst Jeff Sprague raised his rating on the embattled industrial conglomerate's stock to buy. 'surge' c'mon, he read the WSJ write up, and got nostalgic. They're still a mess. Surge 🤷♂️
Source: CNBC - 🏆 12. / 72 Read more »
Cramer: GE 'deserved to rebound' on Tusa upgrade, but I still wouldn't buy the stockJim Cramer says now may not be the time to buy shares of General Electric despite a recent upgrade from a key analyst. Cramer only buys tops. Which is odd considering I'm guessing he is a bottom.
Source: CNBC - 🏆 12. / 72 Read more »
A Bearish Call on GE Stock by JPMorgan Was One of the GreatestJPMorgan analyst Stephen Tusa’s bearish recommendation on General Electric was one of the great calls of all time on Wall Street. The stock jumped as he upgraded his rating. barronsonline They probably originated the strips and ladders of morgage debt that would tank the GE finance unit! New law needed If you originate mortgage you must hold on to it !!!!! barronsonline I lost so much on GE, that 10% would not have helped barronsonline Dead stock walking.
Source: MarketWatch - 🏆 3. / 97 Read more »
Hitachi to Take On GE With $6.4 Billion Power DealHitachi agreed to acquire a power-grid unit from Switzerland-based ABB for $6.4 billion, as the Japanese company beefs up its industrial portfolio against rivals such as General Electric. Njzjsjjd sjisjd sjudh
Source: WSJ - 🏆 98. / 63 Read more »
Voices From The People Who Powered GEGE employed hundreds of thousands of people, from secretaries to scientists. For our portrait series, some of them reflected on their time there and how the company changed. Killstream moved to another platform and is still better than you. Go back in time to 9/11 and stand on the roof of the north tower. Welcome. ProfSudhir Subscribe to pewdiepie
Source: WSJ - 🏆 98. / 63 Read more »