GE’s quarterly results, due Friday, will give the company’s incoming boss a taste of what he is up against: concerns about long-term profit goals and generating cash in the short term. John Flannery’s appointment as General Electric Co. chief executive, a post he assumes on Aug. 1, has stoked some optimism about the company, but not enough to buoy the stock. Shares of the giant industrial company are down 15% so far this year,...
Source: Wall Street Journal July 19, 2017 11:00 UTC