The Investors Who Bet on GE and Won

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A new type of investor has taken a chance on GE and is feeling validated by its recent biotech sale

For the newest investors in General Electric Co., the proof is in the $21 billion biotechnology deal.

The conglomerate’s agreement last week to sell that small but fast-growing business to Danaher Corp. provided a moment of validation to a group of value-seeking stock buyers who plowed into the stock at the end of 2018 amid fears the company was collapsing.

 

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GE Expects Negative Cash Flow in 2019General Electric CEO Larry Culp said the company would have negative cash flow in 2019 as its power business continues to struggle. WSJ But, GE is moving in the right direction, short-term stock price be damned. The company's getting leaner, more profitable, less disjointed. We'll see how it works out. Good thing we’re on the same page.
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GE CEO Letters Decoded: Shrinking Ambitions and Disappearing BuzzwordsLarry Culp’s first shareholder letter as General Electric’s CEO was relatively brief, reflecting changes in the company, which has had three CEOs in three years, can only afford to pay a token dividend and is breaking itself apart. In that 2788 words, no one catches the part that stock dilution might be a possibility? Amazing. No more industrial internet of things? 🤨 IIoT $GE ? GE's 2020 Shareholder Letter will consist of 6 words: 'Nothing to see here. Move along.'
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Wall Street slips as GE swoons, key market level loomsWall Street's main indexes dipped in a choppy session on Tuesday as a drop ... You is working on your app application for good and I don’t tach seems you ever With so much AI globalisation n progressive society how come a collective vehicle market always in bearish tizzy
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