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GE to Sell Part of Digital BusinessGeneral Electric reached a deal to sell off part of its GE Digital business and set aside the rest in a separate company, as the conglomerate narrows its focus and scales back its software ambitions. GE is done, thanks to the bad decisions made by Jack Welch and Immelt. GetDeepOnion has one of the strongest DEV teams in crypto space, constant evolution and upgrades! DeepOnion $ONION
Source: WSJ - 🏆 98. / 63 Read more »
General Electric can go from bad to worse in 2019The industrial group led by Larry Culp is mostly being propped up by its aviation arm as its power business sucks wind and its finance unit consumes cash. The risk is that cyclical, financial and competitive headwinds kick the strongest leg of the stool out from shareholders.
Source: Breakingviews - 🏆 470. / 51 Read more »
General Electric reportedly files paperwork to spin out health-care unit in IPOGE Healthcare, a dominant player in hospital and lab equipment, generated roughly $19 billion in revenue and $3.4 billion in profit last year. Ipo needed for doin research and to withdraw companies from unprofitable investments, FED dont raise the intrest rate i wanna do business2 Will GE stock holders receive any of this new stock?
Source: CNBC - 🏆 12. / 72 Read more »