• Industrial ETFs Hurt By GE's Big Downturn

    One year ago - By ETF Daily News

    From Zacks : The GE stock tumbled from $15.29 on May 22 to $14.18 on May 23 which is a drop of 7.4%, the single highest drop since nine years. In a press meet, the CEO said that he is looking for a slow but sustainable development and transformation of the company keeping the interests of stakeholders in mind.
    The CEO said that dividend will depend on the cash performance and that its business portfolio needs to be revamped (Read: Should You Dig into Value with GE ETFs ?).
    GE Dealing With Challenges
    GE is facing major problems with its largest division - Power. Integration with the French...
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