VINCENT KESSLER | AFP | Getty Images's power business is still struggling, but the company is sugar coating this in communications with investors, according to a top analyst at J.P. Morgan.
"We see nothing here to change our negative view on Power, more so evidence of a company that appears to manage to headlines rather than on-the-ground fundamentals," Tusa added. His analysis of GE's power business focused on the company reporting 4.5 gigawatts in orders for heavy gas turbines in the first quarter. Tusa said this is well above what competitors reported.don't go reported in units that bridge the gap. "
Here is how Tusa broke down the total reported units sold versus the "actual externally ordered" turbines last quarter.
Boss sultan_rowo what do you have to say about this 😅
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Private prison company GEO Group is worried that public pressure to divest could hurt its bottom lineJP Morgan and Wells Fargo divested from private prisons after a massive public pressure campaign. GEO Group is worried about what may come next. GOOD! SeezBeez NO ONE should make a profit from the suffering of others. NO ONE. Especially not a Trump Humper.
Source: Newsweek - 🏆 468. / 52 Read more »