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Wednesday, September 24, 2014

GE Tries To Return To Glory With Restructuring



Investor's Business Daily - Investing RSS http://ift.tt/Y5EAV0 General Electric (GE) is transforming itself from a largely financial company, which it was under the leadership of Jack Welch, into an industrial manufacturer. When Welch was CEO from 1981 to 2001, finance was a good place to be, but in the past decade, it hasn't been the place to be. And the company co-founded by Thomas Edison may, shock of shocks, sell off its light bulb business. GE's goal is to shrink GE Capital so that it is only 25% of the


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