With oil prices having plunged and touching an all-time low, General Electric Company (NYSE:GE) is one of the organizations which should be worried about its existence. However, despite having invested heavily in this sector, GE is hardly worried as per its CEO Jeff Immelt and Vice-chairman John Rice. The two top executives are confident that…
General Electric Company (GE) Takes a ‘Pragmatic’ View of Earnings Report
‘Pragmatic’ is how General Electric Company (NYSE:GE) describes its outlook towards the expected earnings in 2015, according to CNBC. In a broadcast anchored by Mary Thompson, the company announced that in spite of oil prices plunging southward had hit its bottom line it was still poised for good things to come. One of the upsides…