General Electric’s straight shooter just shot himself in the foot. Shareholders had better hope it was just a flesh wound. Of the many personalities associated with GE, only two have burnished their reputations with the conglomerate’s investors recently. JPMorgan Chase’s Stephen Tusa, the sole Wall Street analyst to warn consistently about GE’s problems even as its shares kept falling to multiyear lows, just added another feather to his cap. The other, Chief Executive Larry Culp, recently announced a biotech-unit sale that...

Source: Wall Street Journal March 05, 2019 19:47 UTC