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0.000846023688663265 0.00126903553299497 0.00558375634517773 0.00130287648054142 0.005922165820643 0.0152284263959391 0.0194585448392555 0.0252199661590524
Stock impact report

GE credit rating under review for possible downgrade: Moody's [CNBC]

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: CNBC
Luke Sharrett | Bloomberg | Getty Images A worker cleans a part of a gas turbine on the assembly line at the General Electric energy plant in Greenville, South Carolina. General Electric 's credit rating is under review for a possible downgrade at Moody's, the ratings agency said Tuesday. Moody's said the review was prompted by GE's announcement that it will fall short of its earnings and free cash flow guidance for 2018 amid weak performance from its power business. GE's current credit rating is A2. Among the range of issues that Moody's will consider is the impact on GE's earnings and cash flow prospects of the continuing deterioration in its Power business, which is likely to persist for some time, Moody's said in a release. The dimmer prospects for GE Power take on heightened importance given the loss of free cash flow from GE's planned divestitures, including the highly cash generative GE Transportation and GE Healthcare. GE shares gave Show less Read more
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