UPDATE 6-GE shares surge as it raises cash forecast despite earnings loss
General Electric Co posted
adjusted profits on Wednesday that beat analysts’ estimates and
wowed investors by promising $1 billion more cash this year than
it had previously forecast, sending its shares sharply higher.
adjusted profits on Wednesday that beat analysts’ estimates and
wowed investors by promising $1 billion more cash this year than
it had previously forecast, sending its shares sharply higher.
Posted by Reuters