Conservative Political Forum

General Category => Financial => Topic started by: walkstall on January 31, 2018, 10:01:06 AM

Title: GE will likely be dropped from the Dow, Deutsche Bank
Post by: walkstall on January 31, 2018, 10:01:06 AM
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