$GE- and $IBM manipulating earnings for years-now CRASHING. This is yet more proof that SCAM erica is the land of the FRAUD and the home of the BRAINLESS and is on its way to collapse. Pathetic people Pathetic nation.
Glad I have no stock in GE
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GE Capital to sell $1.5 billion healthcare equipment financing businessGeneral Electric Co's finance arm GE Capital said it is selling its healthc... Bill Wilson is rolling over... Is there anything left to GE? Is GE bankrupt?
Source: Reuters - 🏆 2. / 97 Read more »
GE spins off digital assets to form internet of things companyGeneral Electric announced plans Thursday spin off its GE Digital business and establish an independent Internet of Things company, built around several GE Digital technologies. How ironic $6.66 ---------------- $GE low of day on Dec 11, 2018 666 ------------------ $SPX low of day print on Monday March 9, 2009, the day the financial crisis ended and a new bull market began Interesting branding play ...dueto... Excessively watching porn?...
Source: CNBC - 🏆 12. / 72 Read more »
GE headed lower because key aviation business is worth less than believed, analyst saysGeneral Electric may yet sell its valuable aviation financing and leasing business, GE Capital Aviation Services, as the embattled conglomerate looks at ways to boost its fallen value. LOL $GE THEY OWN ALMOST 2,000 AIRCRAFT - AND GENERAL EECTRIC IS MORE THAN JUST THE JET LEASING BUSINESS - THEY ARE DOING BILLION $ DEALS EVERYDAY THESE ANALYSTS ARE NOT THINKING NOR ADDING CORRECTLY - GE IS WORTH 20$ A SHARE I CHALLANGE ANY ANALYST TO GO ON WITH ME UR WRONG $GE THE FACT THEY ARE SELLING NO CORE ASSETS AND PAYING DOWN DEBT - SPINNING OFF THE WORLDS PREMIER HEALTHCARE COMPANY ETC - IS EXACTLY WHYT THIS IS CHEAP AND LETS FORGET ABOUT THE DAILY BILLION DOLLAR DEALS THEY DO.. What? You mean it's hard to properly value the assets of a stale bureaucratic conglomerate clusterfuck? But the market loves conglomerate clusterfucks with a cloudy risk profile!! $AAPL, $AMZN, $FB, $GOOGL are the same shit as GE except that they have more modern logos...
Source: CNBC - 🏆 12. / 72 Read more »
GE may be canary in credit market’s coal mineThe firm’s bonds tanked this week even as an asset sale briefly lifted its shares. That’s a warning shot for all credit investors. U.S. companies carry more debt than ever, and quality has deteriorated. Rising interest rates and slowing growth could make this a big problem.
Source: Breakingviews - 🏆 470. / 51 Read more »