GE posts a profit of $3.6 billion, after a loss last year, and says its operations burnt through less cash than expected
Conglomerate’s operations burn through less cash than expected in first quarter; keeps 2019 forecasts unchangedGeneral Electric Co. swung to a first-quarter profit as the conglomerate reported stronger cash production than expected while leaving its full-year expectations unchanged.
GE reported adjusted cash flow from industrial operations of negative $1.2 billion; the company warned earlier this year that cash flow would drop as much as negative $2 billion this year from its core industrial operations.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
ZTE Corp swings to first-quarter profit of 862.6 million yuanChina's ZTE Corp reported on Monday a first-quarter profit of 862.6 million...
Baca lebih lajut »
GE first-quarter profit rises, warns on 737 MAXGeneral Electric Co said on Tuesday first-quarter profit from its continuing ope...
Baca lebih lajut »
Boeing's stock swings higher after Q1 results, which include $1 billion increased cost for 737 businessBoeing Co.'s commercial airplanes business suffered first-quarter declines in profit, revenue and margin in the wake of groundings of its 737 MAX planes...
Baca lebih lajut »
Traders Brace for Big Moves After GE Earnings This WeekOptions traders are betting on an explosive move in General Electric shares after its earnings on Tuesday, a sign that turbulence in the battered stock may not be over.
Baca lebih lajut »
GE says Boeing's 737 Max is 'a new risk' to this year's earnings forecastGeneral Electric added Boeing's grounded 737 Max airplanes as 'a new risk' in the company's quarterly earnings report on Tuesday.
Baca lebih lajut »
Dow futures higher | GE pops 10% | Trump sues to block subpoenasFutures point to a mixed open this morning, with the Dow tracking higher but the Nasdaq poised to decline.
Baca lebih lajut »
GE shares pop 7% after earnings beat expectations, CEO Culp reaffirms 2019 forecastGeneral Electric's first-quarter earnings were better on both the top and bottom lines than what Wall Street expected on Tuesday.
Baca lebih lajut »
Uber could go public with a valuation higher than GE, Caterpillar or Morgan StanleyUber is different from its potential market-cap peers in a key way — it's not making money.
Baca lebih lajut »
U.S. accuses pair of stealing secrets, spying on GE to aid ChinaA former engineer and a Chinese businessman have been charged with economic espi...
Baca lebih lajut »
US accuses pair of stealing GE secrets and passing them to ChinaThe US government has alleged that a GE engineer and Chinese businessman stole tech secrets with the intention of passing them on to Beijing
Baca lebih lajut »
Sudan protest group calls for strike amid transition stand-offSudan's main protest group called on Monday for civil disobedience and a ge...
Baca lebih lajut »