GE Takes $6.2 Billion Charge After Being Burned by Insurance – Bloomberg


Bloomberg

GE Takes $6.2 Billion Charge After Being Burned by Insurance
Bloomberg
David Kotok of Cumberland Advisors and Michael Purves of Weeden & Co. discuss the latest troubles for GE. General Electric Co. surprised investors with a $6.2 billion charge tied to a legacy insurance portfolio, another setback for a manufacturing
GE breakup is likely and could come as soon as this spring: SourcesCNBC
GE Shares Dive on $6.2 Billion Charge for Problems in Its Finance UnitFortune
GE to take $6.2 billion hit from insurance portfolioReuters
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