Immelt shld be sued for running it into ground!
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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.
Source: MarketWatch - 🏆 3. / 97 Read more »
GE’s New CEO Larry Culp Has That Turnaround Gene, Says AnalystMelius Research’s Scott Davis writes that GE has been plagued by problems “all related to this company being run by a band of incompetents for way too long.” He likes what he sees in Culp.
Source: MarketWatch - 🏆 3. / 97 Read more »
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 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.
Source: Breakingviews - 🏆 470. / 51 Read more »
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 »
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?
Source: Reuters - 🏆 2. / 97 Read more »
Larry Bossidy weighs in on the fate of GEFormer GE executive Larry Bossidy says if GE can increase cash flow and if asset sales materialize, it will be 'a sign to everyone that they're on the way out of this ditch.' SquawkCNBC Do they bring Larry in so Joe wont be the only curmudgeon on the set? SquawkCNBC A ditch of their own making.
Source: CNBC - 🏆 12. / 72 Read more »
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.
Source: CNBC - 🏆 12. / 72 Read more »
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.
Source: CNBC - 🏆 12. / 72 Read more »
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.
Source: CNBC - 🏆 12. / 72 Read more »