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GE is done, thanks to the bad decisions made by Jack Welch and Immelt.
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GE spins off digital assets to form internet of things companyGeneral Electric announced plans Thursday spin off its GE Digital business and establish an independent Internet of Things company, built around several GE Digital technologies. How ironic $6.66 ---------------- $GE low of day on Dec 11, 2018 666 ------------------ $SPX low of day print on Monday March 9, 2009, the day the financial crisis ended and a new bull market began Interesting branding play ...dueto... Excessively watching porn?...
Source: CNBC - 🏆 12. / 72 Read more »
GE shares rise on report Apollo discussing bid for jet-leasing businessPrivate equity giant Apollo Global Management is reportedly having discussion with bankers to secure debt to buy all or part of General Electric's jet-leasing business.
Source: CNBC - 🏆 12. / 72 Read more »
What GE Needs to Do to Avoid Junk TerritoryGE’s financial future hinges on its credit rating, and there are several factors that will determine whether GE can avoid another ratings cut
Source: WSJ - 🏆 98. / 63 Read more »
GE unit wins $450 million U.S. defense contract: PentagonGE Medical Systems Information Technologies Inc, a unit of General Electric Co, ... Oh no parts need to be replaced every six months. r_m_mad75 Are my fellow government workers, working 👀💁🏾♂️
Source: Reuters - 🏆 2. / 97 Read more »