Mr. Wood
Banned
- Joined
- Oct 4, 2013
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GE Warns Coronavirus To Hit Q1 Earnings, Cash Flow, But Backs 2020 Targets
03/04/2020
for me dis is speculative play. I will pick some below $10 or and somemore at $7.
03/04/2020
For now, General Electric sees 2020 revenue growth in the low single digits across its power, aviation, renewable energy and health care segments. It sees profits margins expanding in the troubled power division. GE also expects its financial services arm, GE Capital, to generate a loss of between $0.3 billion to $0.5 billion.
"We remain focused on our priorities of solidifying our financial position, continuing to strengthen our businesses, and driving long-term profitable growth as our multi-year transformation accelerates," CEO Larry Culp said in a statement.
for me dis is speculative play. I will pick some below $10 or and somemore at $7.
