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GEHealthcare Kieran Murphy. President GE Healthcare should have a movie called Clueless
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Analyst says Flannery's removal at GE could jeopardize spinoff of healthcare unit'Maybe some of the parts that were going to be sold make more sense today,' CFRA's Jim Corridore says. When your company is tanking, best thing it can do is eliminate waste. It's best to be smart & cut what you don't need. but could help the company overall
Source: CNBC - 🏆 12. / 72 Read more »
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 »
S&P downgrades debt-riddled GE and GE CapitalNew General Electric boss Larry Culp just got a fresh reminder of the debt-riddled balance sheet he's inheriting.
Source: CNN - 🏆 4. / 95 Read more »
Culp will have to move quickly to combat 'unsettling' change at GE, says former GE executiveGeneral Electric's new CEO, Lawrence Culp, will have to move quickly to turn things around amid 'unsettling' change at the company, says former GE executive Bob Nardelli.
Source: CNBC - 🏆 12. / 72 Read more »
GE and Baker Hughes amend agreements, including reduced BHGE payments to GE over timeBaker Hughes, a GE company and General Electric Co. announced Tuesday a number of long-term agreements, including a reduction in Baker Hughes payments to GE, a collaboration on critical rotating equipment and creating a joint venture to provide aeroderivative engine services. GE's stock rallied 1.6% in premarket trade, after tumbling 12% the past two sessions to close Monday at a 9 1/2-year low. Baker Hughes shares dropped 2.7% premarket after falling 12% the previous two sessions. The rotating equipment deal will include aeroderivative and heavy-duty gas turbine technology, while the JV will serve the oil and gas and industrial markets. GE has recently had issues with an H-frame gas turbine blade, which forced a shutdown of an Exelon Corp. facility. Separately, Baker Hughes will have access to GE Digital software and technology, the companies have agreed to maintain current operations and pricing levels within Baker Hughes' Control product line, GE will transfer certain U.K. pension liabilities to Baker Hughes, and the intercompany services fee that Baker Hughes pays to GE will be reduced over time beginning next year. GE's stock has plunged 36% over the past three months through Monday and Baker Hughes shares have tumbled 31%, while the S&P 500 has lost 3.4%.
Source: MarketWatch - 🏆 3. / 97 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 »
The CEO behind General Electric's health unit on cutting ties from struggling parent GEMurphy, 55, is probably one of the fastest rising stars at GE that no one's ever heard of. He's quickly climbed the ranks and is now tasked with spinning out GE Healthcare into a separate company, which doesn't come without some risks.
Source: CNBC - 🏆 12. / 72 Read more »
Hillary Clinton makes surprise appearance on 'Murphy Brown' premiereFormer presidential candidate Hillary Clinton made a surprise appearance in the first episode of the 'Murphy Brown' revival -- playing a woman interviewing for a secretary position: ewww Makes me wanna puke. Great to see Clinton can laugh at herself. As for Judge Kavanaugh, his honor can take a few tips from the Clintons to lighten up a bit.
Source: CNN - 🏆 4. / 95 Read more »
Hillary Clinton makes a surprise guest appearance on 'Murphy Brown'Hillary Clinton made an unannounced appearance as Murphy Brown's latest candidate for secretary and noted, 'I do have some experience with emails.' Why? 73% of the country can't stand the criminal even for a few seconds! Hillary Clinton, will "NEVER!" be President!!! I used to watch this show and found it entertaining. I was looking forward to the new Murphy Brown but, alas, it has now become another victim of my do not watch list due to politicizing something that should just be entertaining...sad Hard pass
Source: USATODAY - 🏆 100. / 63 Read more »
Single motherhood in America has soared since Murphy Brown’s feud with Dan QuayleOn Thursday, CBS is reviving the classic sitcom ‘Murphy Brown’ for a 13-episode run. And that is a good thing? What a movement to be proud of. There have been prouder movements in public rest rooms and on San Francisco streets. And it’s been a big reason for poverty and a detriment to children.
Source: MarketWatch - 🏆 3. / 97 Read more »