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General Electric

Pak Elektron Limited

Pak Elektron Limited

Published 12 Sep, 2024 07:21am
Pak Elektron Limited (PSX: PAEL) was incorporated in Pakistan as a public limited company in 1956. The company is...

The conglomerate discount

Published 06 Jan, 2022 04:13am
As of now I have 55 years of working experience in the corporate sector. I was a failure. Accomplished zero. Zilch....
GE and Safran plan next-generation jet engines

GE and Safran plan next-generation jet engines

Updated 14 Jun, 2021 09:45pm
  • The US and French engineering giants have been cooperating in the sector for nearly half a century.
  • The LEAP engines developed by their joint venture CFM power some the latest generation Airbus and Boeing aircraft.
General Electric reports smaller cash outflow, reaffirms 2021 outlook

General Electric reports smaller cash outflow, reaffirms 2021 outlook

Published 27 Apr, 2021 09:09pm
  • 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.
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