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0.000988142292490097 0.00061264822134385 0 -0.000187747035573212 -0.00395256916996057 -0.000988142292490097 -0.000494071146245136 -0.00394268774703569
Stock impact report

General Electric: Assessing If Power's Negative Cash Flow May Prompt A Ratings Action [Seeking Alpha]

General Electric Company (GE) 
Last general electric company earnings: 4/30 04:02 pm Check Earnings Report
US:NYSE Investor Relations: ge.com/investor-relations/overview
Company Research Source: Seeking Alpha
General Electric: Assessing If Power's Negative Cash Flow May Prompt A Ratings Action Summary GE CFO Jamie Miller suggested Power would experience "significantly negative cash flow." SIEGY is spinning off its Power and Gas segment. Miller may have confirmed the rating agencies' worst fears. Will Power's demise prompt a ratings action? A GE employee working on a gas turbine in France. Source: Barron's Major asset sales have made it difficult to project future earnings of General Electric's ( recently divulged General Electric (GE -0.5%) expects " very significant negative cash flow GE expects some power plant orders it booked in Q1 to be spread more throughout the year, Miller said, suggesting the relatively strong quarter did not signal a turnaround in the unit. Some investors see signs of improvement in GE's ailing power business but others see problems; J.P. Morgan's Stephen Tusa says a tally of orders by GWs shows erosion in GE's market share. Despite asset sales and constant media Show less Read more
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