They didn’t visit Renewables because they have enough troubles of their own. The wind turbines are failing. Paywall but you get the message.
https://www.windpowermonthly.com/article/1749796/ge-renewable-energy-investigates-second-cypress-wind-turbine-failure-two-months
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I own 1 share :)
Dow up 600 points today and GE is in the red, that’s not investing, that’s donating.
I am salary and an investor
You're not a investor. You're a useless union slug. Stop fronting
The short answer is that we pay LC through our taxes. And yes, as part of a large corporate entity, we are largely controlled by the federal reserve and the World Economic Forum. Welcome to the 21st century. Soon there will be no more cash and the WEF will control every transaction in the world.
One of the questions should be, Who's really paying Culp? If you ask me it has to be activist investors. They have the most to gain when each "split" entity eventually gets sold.
We had the investor meeting in the Greenville, SC area highlighting the GE Aviation and also the GE Power facilities. The emphasis was on the “lean” process being implemented at both places. The presentations were spun with exaggerations and half-truths, which was expected, but if the country is going “green” why not visit the Renewables sector? Isn’t this the future? Why brag about short term gains in a declining market? Is Renewables a low profit and volatile market? As for Aviation the market is good , but let’s face it, the supply chain is in disarray. And why visit a small place in Greenville, which just called back employees laid off for almost two years, to impress “the best GE has to offer”? Auburn, AL has a large facility? What’s the story there? What about the Power facility in NY? Any “lean” to mention there? Too many unanswered questions for this investor.
Most people don't see the elephant in the room. Probably 95 percent of people are economically, polically and historically illiterate.