General Electric (NYSE: GE) is expected to report a sharp decline in revenues for 2019 primarily due to the deconsolidation of its Oil & Gas segment. The Oil & Gas segment had revenues of $22 billion ...
Less than one month after General Electric’s CEO said a spinoff of GE Healthcare remained on track for this year, the parent company halted that action by announcing the $21 billion sale of GE ...
General Electric warned on Thursday that 2019 will be another brutal year, but CEO Larry Culp vowed to confront the storied conglomerate’s problems “head on.” Dragged down by its beleaguered power ...
Wall Street seems to believe the long-awaited General Electric comeback has finally arrived. But GE’s problems are far from over. After a horrific performance the past two years, GE (GE) shares have ...
General Electric Co. (GE) signage is displayed in front of the company's recently sold Fort Point property in Boston, Massachusetts, U.S., on Friday, May 10, 2019. GE agreed to sell its Boston ...
Shares of General Electric closed down on Wall Street on Tuesday after CEO Larry Culp forecasted free cash flow at the struggling industrial giant would be negative in 2019, raising concerns among ...
The industrial conglomerate will have higher earnings and cash flow by this time next year -- and a dramatically lower debt load. There isn't much factual basis for these concerns. But for now, they ...
General Electric ended 2019 with about 205,000 global workers. Here, jet engines are seen at a GE assembly plant last year.(Reuters) General Electric Co. last year shed roughly 78,000 employees, or ...
Another quarter of stellar results in GE's aviation business combined with no negative surprises elsewhere in the company helped GE stock surge following its Q4 earnings release. At first glance, GE's ...
(Reuters) - General Electric Co's chief executive surprised investors on Tuesday by forecasting a net cash outflow from its industrial businesses this year mainly due to its ailing power-plant unit, a ...
They work with everything, but the newest "C by GE" smart bulbs and switches were made with the Google Assistant in mind. Originally hailing from Troy, Ohio, Ry Crist is a writer, a text-based ...
With the new contracts, GE Appliances said it is increasing domestic spending on suppliers by 3.3%.
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