Asset sale will help brighten its outlook

Asset sale will help brighten its outlook

With its long-term debt at 117% of its market capitalization, this conglomerate is making strategic cuts to focus on three main businesses: aviation products, electrical power equipment, and renewable power equipment.


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GENERAL ELECTRIC CO. $10 (New York symbol GE; www.ge.com) continues to make progress with… Read More

Spinoff plans enhance their prospects

GENERAL ELECTRIC CO. $8.98 (New York symbol GE, Manufacturing & Industry sector; Shares outstanding: 8.7 billion; Market cap: $78.1 billion; Dividend yield: 0.5%; Takeover Target Rating: Medium; www.ge.com) recently announced a major restructuring that will narrow its focus to three main businesses: aviation operations (jet engines and aircraft… Read More

Spinoff Spotlight: GE

GENERAL ELECTRIC CO. $12 (New York symbol GE, Shares outstanding: 8.7 billion; Market cap: $104.4 billion; Dividend yield: 4.0%; Takeover Target Rating: Low; www.ge.com) has replaced its CEO, John Flannery, with Larry Culp—the former CEO of Danaher Corp. (New York symbol DHR).
Mr. Culp spearheaded Danaher’s spinoff of its… Read More