General Electric CEO Larry Culp may be more optimistic about the company's future but Stephen Tusa is warning that GE's turnaround hasn't happened yet.
General Electric CEO Larry Culp may be more optimistic about the company's future than ever before but a top Wall Street analyst is warning that GE's turnaround hasn't happened yet.
Culp warned in an outlook released Thursday that near term results will remain under pressure. But Culp expects his company's performance will"be significantly better" in 2020 and 2020, he said. GE shares rose more than 3 percent on Thursda
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
GE says its reserves are enough, seeking premium increasesGeneral Electric Co said on Thursday its current reserves for long-term care ins...
और पढो »
Traders bet that GE shares will shed another 20 percent in the next three monthsGeneral Electric's stock has been rattled by the company's ongoing turnaround and negativity on Wall Street. One investor says traders are betting on more weakness.
और पढो »
GE seeks better insurance returns in junk bonds, other risk assetsGeneral Electric Co will invest more heavily in junk bonds, private equity and o...
और पढो »
Two longest tenured GE board members retiring with no proposed replacementsGeneral Electric will ask shareholders this year to nominate only 10 directors to the company's board, as GE's two longest tenured directors will be retiring, according to a filing submitted Friday.
और पढो »
GE shares drop after giving 2019 earnings forecast lower than Wall Street estimatesGeneral Electric gave shareholders an updated earnings forecast on Thursday.
और पढो »
GE shares rebound as CEO Culp sees power business bouncing back next year: 'Game on'GE shares rose in premarket trading as CEO Larry Culp gave investors an upbeat long term outlook on the company's struggling power business.
और पढो »
GE forecasts 2019 profit below estimates, shares fallGeneral Electric Co forecast profits for 2019 that were below analysts' est...
और पढो »
How GE Built Up and Wrote Down $22 Billion in AssetsAfter General Electric bought Alstom’s power business in 2015, it made some puzzling decisions by adding and keeping some of the goodwill on its books that later was erased by the company’s giant write-down.
और पढो »
GE Just Lifted the Veil on Its Insurance Business. Here’s What Investors Learned.The changes in GE’s insurance unit mirror changes that new CEO Larry Culp has been making across the entire company since his arrival last year.
और पढो »