It seems that they will announce something big in the earnings call. They set up an all hands with all employees after the earnings call and monthly meetings to keep us informed. Any idea what lies ahead?
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"GE Power earnings dropped 26% last month"
Fake news.
GE Power Earnings Call Q1 2018
Will be soon, and bad
GE Power earnings dropped 26% last month and expected to really tank
Business disruptions in turbine service really bad due to FieldCore disaster and LTSA cancellations for poor execution
GE management will tell numbers and at same time announce to work force what will be required.
This is basic and the way it always has been
Expect very ugly numbers unfortunately, and drastic action that investors are demanding
April 20th
https://www.ge.com/investor-relations/events-reports
When is the earning report be known to public?
You said it. "What lies are ahead?!"
A sale of an entire division would not be announced as a part of the earnings call. I think this is Flannery's communication style as he tries to turn around the company.
death, destruction, pain, anguish and tears lie ahead as GE is on the highway to hell... all the fun and games will end when the stock hits zero.
It will take many years for GE Power to bounce back from f it does at all.
Aviation is safe, for now. Power is not.
@btt Which division? Aviation?
Fake news.
A surprising sale of a division once thought safe and indispensable. A few people know already, but no one else believes it yet.