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General Electric Commits To Cutting Debt By 35% Within 3 Years
Thursday, March 18, 2021 - 12:32am | 486General Electric Co (NYSE: GE) on Wednesday told investors more debt reduction is on the way and offered clarity on the company’s plans to manage and reduce debt by 2023. What Happened: The U.S. industrial conglomerate last week reiterated its 2021 forecast and announced a deal to sell its...
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How General Electric Is Inching Towards Becoming A 'Normal' Industrial Stock
Monday, March 15, 2021 - 10:19am | 343General Electric Company (NYSE: GE) is taking steps to become a "normal" industrial stock by easing investor concerns with its GE Capital business, according to BofA Securities. The GE Analyst: Andrew Obin maintains a Buy rating on GE's stock with a $15 price target. The GE...