GE will likely be dropped from the Dow, Deutsche Bank

Started by walkstall, January 31, 2018, 10:01:06 AM

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walkstall

Without government help GE can not hold it own.   :lol: :lol: :lol:

snip~
"We believe the chances that GE could be removed from the Dow are increasing as GE continues to face substantial challenges including earnings and cash pressure, tough global power generation markets, aggressive downsizing, shrinking its portfolio, management shake-up and SEC investigations," Deutsche Bank analyst John Inch wrote Wednesday. "Apart from GE's other challenges, as the company's absolute share price has continued to drop, GE increasingly falls into the category of outlier and consequently a likely candidate for removal."

more @
https://www.cnbc.com/2018/01/31/ge-will-likely-be-dropped-from-the-dow-deutsche-bank-predicts.html?__source=xfinity|mod&par=xfinity
A politician thinks of the next election. A statesman, of the next generation.- James Freeman Clarke

Always remember "Feelings Aren't Facts."