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#ge: Biggest Dow Loser
Views: 987
Jul 24 2017 02:00 AM | eds in Non-Renewable
General Electric Co., share decline,
. . . makes company the biggest loser on Dow this year.
GE's Co. Jeffrey Immelt,
. . . built up the crude oil business, by spending
. . . Billions on acquisitions,
. . . just before prices tumbled, and
. . . customer demand for oilfield equipment dried up.
Gas-turbine manufacturer GE,
. . . also sees pressure in power business.
7-23-2017 Sources: #GE: Biggest Dow Loser
. . . makes company the biggest loser on Dow this year.
GE's Co. Jeffrey Immelt,
. . . built up the crude oil business, by spending
. . . Billions on acquisitions,
. . . just before prices tumbled, and
. . . customer demand for oilfield equipment dried up.
Gas-turbine manufacturer GE,
. . . also sees pressure in power business.
7-23-2017 Sources: #GE: Biggest Dow Loser
