Columns

GE Brings Bad Things to Light


PHOTO: YURIKO NAKAO/BLOOMBERG NEWS

If nothing else, General Electric Chief Executive Officer Larry Culp has a keen grasp of investor psychology. A little more than a week after he let slip at a conference that industrial free cash flow at the troubled conglomerate would be negative this year, he attached specific, ugly numbers to that expectation in a Thursday morning investor update. GE shares rose sharply anyway as the glimmers of hope and specific action Mr. Culp outlined lifted spirits.

(Read the rest of this column in the WSJ).

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s