https://www.marketwatch.com/Story/ges-111-year-run-in-the-dow-comes-to-an-end-2018-06-19?&siteid=yhoof2&yptr=yahoo
7 replies (most recent on top)
@1hhb they probably wouldn't do it for the capacity, but rather to gain a base of customers who need problems with their junk corrected, by someone. That's where the money in this industry is going to be for a while.
This was predicted along with stock dividend suspension which will happen sooner than later. GE should have been tossed months ago from the DOW. Don't worry, JF has is covered they are in a rebuilding plan that will take years to execute. You buy that stock at $12 and change ...layoff more people , do what you want John Boy! Eventually, your a$$ will be tossed. Why because you are part the GE problem.
I think the last thing Siemens wants at the moment is more heavy Power Gen capacity.
Sounds like a good excuse to break the company into parts and sell off the parts. Maybe Siemens can buy Power instead of selling off parts of their power business.
Bad news! Bad executives at GE.
Anyone else think this might be first step in break up or bankruptcy?
No, long live the GE executives!! May they stay in their jobs for many more years!! Hahahaha!! You incompetents.