GE Finds Its Footing and Posts Strong Cash Flow - News Summed Up

GE Finds Its Footing and Posts Strong Cash Flow


General Electric Co. reported strong cash flow from its industrial operations and gave an upbeat outlook, as the conglomerate reverses losses in its power business and continues to draw support from its jet-engine division. GE on Wednesday said it generated $3.9 billion in industrial free cash flow in 2019’s final quarter, helping the company exceed its targets for the full year. Cash flow is essentially the money left after a business pays its bills and makes investments.


Source: Wall Street Journal January 29, 2020 12:18 UTC



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