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General Electric replaces CEO with outsider Culp, shares soarGeneral Electric Co ousted Chief Executive Officer John Flannery in a surprise m... 🎵🥁🥁🥁another one bites the dust 🎶 Pharol ticker PHR PSI20 (Portugal) The best invest,eat you van make now in Europe. STRONG BUY 0,173 ALL IN. All you have to know about:
Source: Reuters - 🏆 2. / 97 Read more »
General Electric replaces CEO with outsider, shares soarGeneral Electric Co ousted Chief Executive Officer John Flannery in a surprise m... TV 😂 TV TV John inherited the work of Jeff immelt it will be interesting to see how Larry transform this conglomerate around if it’s possible within less than 14 months. John was a good guy!
Source: Reuters - 🏆 2. / 97 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 »
General Electric, fallen icon of corporate stability, names first outsider as CEOH. Lawrence Culp, former chief executive of Danaher Corp., will replace John Flannery.
Source: washingtonpost - 🏆 95. / 72 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 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 »
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 stock soars after CEO Flannery replaced, to take a near $23 billion impairment chargeShares of General Electric Co. |phrase background-info='BRIEFING-BOOK' name='ge' significance='MWLEGACY' type='COMPANY' vrtysux='COMPANY|ge'||/phrase| jumped 8% in premarket trade Monday, after the industrial conglomerate said its chief executive officer, John Flannery, was being replaced after a little over a year in the role. Flannery became CEO in June 2017. The company names H. Lawrence Culp Jr. as CEO and and chairman, effective immediately. Culp had been CEO of Danaher Corp. from 2000 to 2014. GE also named Thomas Horton, who was CEO of American Airlines from 2011 to 2013 as lead director. The company said because of weaker performance of its GE Power business, it will fall short of 2018 free cash flow and eanrings per share guidance, and expects to take a non-cash goodwill impairment charge of close to $23 billion. The stock has tumbled 53.3% over the past 12 months through Friday, while the Dow Jones Industrial Average |phrase background-info='BRIEFING-BOOK' name='djia' significance='MWLEGACY' type='COMPANY' vrtysux='COMPANY|djia'||/phrase| has rallied 18.1% Thank you for selling me your shares on Friday, whoever you are! Made 10% over a weekend. F ya! blockchain protection for your files or intellectual property with DeepOnionX DeepOnion $ONION DeepOnionx
Source: MarketWatch - 🏆 3. / 97 Read more »
General Electric replaces new chief executive and announces massive $23 billion charge amid strugglesBreaking: General Electric replaces new chief executive and announces massive $23 billion charge amid struggles
Source: washingtonpost - 🏆 95. / 72 Read more »
S&P downgrades General Electric's credit rating a day after CEO is firedStandard & Poor's downgraded General Electric's credit rating on Tuesday, a day after the company announced the firing of its CEO and that it would take a $23 billion charge because of its power business.
Source: CNBC - 🏆 12. / 72 Read more »