GE’s New CEO Larry Culp Has That Turnaround Gene, Says Analyst

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If anyone can turn GE around, it’s new CEO Larry Culp, says analyst (via BarronsOnline)

 

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Watch CNBC's full interview with General Electric's Larry CulpCNBC's David Faber sits down with General Electric CEO Larry Culp to discuss the company's future outlook and what the company is doing to turnaround the stock. Sounds alot like more of the same. generalelectric should be ashamed of what it did to it's employees, retirees, and shareholders. larryculpjr needs to quit taking a page from Flannery's book and lay it ALL out there instead of allowing $GE to continue to be the joke of Wall St Seems like the problems at generalelectric is a...
Source: CNBC - 🏆 12. / 72 Read more »

GE CEO Larry Culp Could Get Millions of Shares — if He Can Double the Stock PriceWhen Culp was named to GE’s top post, his compensation package included a one-time inducement award of 2.5 million to 7.5 million performance stock units that are eligible to pay out on a one-to-one basis into GE stock based on hitting specific price targets.
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GE boss could face his own goodwill writedownThe firm’s stock sank anew on Monday despite Larry Culp’s vow to speed asset sales. Repeated failures to draw a line under power woes and other liabilities have shredded GE’s credibility. The new chief risks falling into the same trap, and losing investors’ confidence.
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General Electric powers downwardsLarry Culp confronts old blunders that could stymie his future plans for GE 'You can be sure, if it's WECNuclear.' Formerly a division of WX, Pittsburgh, PA. Pittsburgh My radio station can beat up your radio station. AcostaAccosted NBCLA 'What would J.P. Morgan and Edison say to you, by turning their company into a dump.' JPMorgan Edison $GE TheMenwhoBuiltAmerica CNBC Bloomberg FoxBusiness I heard about this at work a week ago. It would be nice to shorten the gap here
Source: TheEconomist - 🏆 6. / 92 Read more »

GE shares rise after new CEO Culp buys $2.2 million in stockGeneral Electric shares rose Monday after recently appointed chairman and CEO Larry Culp bought $2.2 million of the company's stock. Now that is one beaten down stock.
Source: CNBC - 🏆 12. / 72 Read more »

General Electric CEO Culp says company has too much debtGeneral Electric Co Chief Executive Officer Larry Culp said on Monday the conglo... Cae las acciones de general electric Business school's will be writing about the failure of Jeffrey Immelt and his management team for decades. It smells of a toxic culture to the likes of Enron, Tyco, and other well published failures. GE needs to cut debt? What was the selling off of the appliance division for?
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Analyst betting on GE CEO Larry Culp: 'This is a dark day,' but stock 'will come back'General Electric may be beaten down for a while, but it is bound to turn around, says analyst Brian Langenberg.
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GE CEO admits regular investors have fled the stock since he cut the dividend to a pennyGeneral Electric CEO Larry Culp acknowledged Monday that his decision to slash the quarterly dividend to a penny sent regular investors scrambling. There will be a time and place to buy $GE. This company has everything stacked against them at the moment. I believe Larry Culp can turn this company around. Buying now would mean your wiling to wait 2-3 years to see if things can change...Patience is key here! I would consider workouts the best method on how to get a thicer and longer penis.
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GE CEO Culp's quick comments about health spinoff could mean an 'outright sale'GE CEO Larry Culp's latest comments about GE Healthcare could indicate an 'outright sale' is among the options under consideration.
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