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0.000647249190938497 0.000323624595469191 0.000647249190938497 -0.000647249190938497 0.00194174757281549 -0.0038834951456311 -0.00582524271844659 -0.0055016181229774
Stock impact report

GE is overlooking a $31 billion pension problem [MSN Money]

GE Aerospace (GE) 
Last ge aerospace earnings: 4/30 04:02 pm Check Earnings Report
US:NYSE Investor Relations: ge.com/investor-relations/overview
Company Research Source: MSN Money
Replay Video UP NEXT 1 Cancel SETTINGS OFF HD HQ SD LO Why GE Is Seeing a Surprise $15 Billion Shortfall What to watch next UP NEXT John Flannery hardly needs any more headaches. Quotes in the article But at a time when General Electric Co. is facing what amounts to an existential crisis, a $31 billion deficit in its pension plan may complicate any turnaround that involves a breakup of the 126-year-old icon of American capitalism. Divvying up the obligations won’t be easy. After all, GE owes benefits to at least 619,000 people. And retirees aren’t the only ones at risk. Ideally, breaking up a conglomerate as sprawling as GE would unlock value for shareholders, who have seen their stock fall 40 percent since the CEO took the reins from Jeffrey Immelt in August. Stronger divisions wouldn’t be dragged down by weaker ones, and each business would stand o Show less Read more
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