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General Electric

The conglomerate discount
Opinion

The conglomerate discount

As of now I have 55 years of working experience in the corporate sector. I was a failure. Accomplished zero. Zilch....
Published 06 Jan, 2022 04:13am
General Electric reports smaller cash outflow, reaffirms 2021 outlook
Business & Finance

General Electric reports smaller cash outflow, reaffirms 2021 outlook

  • The company also reaffirmed its full-year free cash flow and earnings per share outlook. The reaffirmation, however, disappointed investors who were expecting an upgrade in-line with other multi-industry rivals that have raised their earnings forecast.
  • In a phone interview, Chief Executive Larry Culp said the company would update its outlook once it has a better idea how its aviation business would perform in the remainder of the year.
Published 27 Apr, 2021 09:09pm
General Electric, Vietnamese firm ink power plant MOU
Business & Finance

General Electric, Vietnamese firm ink power plant MOU

  • The signing took place during an event in Hanoi attended by Robert O'Brien, US President Donald Trump's national security adviser.
  • Under the MOU signed with Vietnam's EVNGenco3, the Massachusetts-based US firm will endeavor to provide its "best-in-class" gas turbine technology.
Published 22 Nov, 2020 12:53am