• 11/26/2024

GE Raises Forecasts, Sets Power Spinoff for Spring 2024

Wall Street Journal

General Electric’s plan to shed its power business is the final step in a breakup of the industrial giant and will leave GE’s aerospace unit as a standalone business. Shares rose more than 5% premarket.

https://www.wsj.com/articles/ge-raises-forecasts-sets-power-spinoff-for-spring-2024-163c84f9