I understand that they’ll do everything to keep shareholders happy, but to do it no mater what the cost is seems to me like pure madness. Of course when things go south... more job cuts
https://nypost.com/2018/09/07/general-electric-ignores-recommendations-to-suspend-dividend/
Bhikki just crashed again. Good luck.
souls and innermost beings
What might be considered non-core now once was core to the company. Eventually, this will result first in nearly every part of the company except some parts of Power, Aviation and Renewables being liquidated.
Next, if Power can not offset the especially negative issues from the Alstom acquisition the company will see Power and Renewables broken off as well and may be merged before then.
In the end Aviation, might be the only business left and corporate along with the pension may be set up to die since Aviation jet engines is required more so by the us milatary industrial complex than anything else remaining.
All of this is so very sad especially for those of us who have poured our lives, souls and innermost beings into this once great company.
Once GE sells the non-core divisions going into next year and even 2020, proceeds from sales have to go to debt reduction. Cash flow from assets sold will be gone, making the dividend unsustainable. The dividend will be cut again, or eliminated, as assets are sold. In my humble opinion, of course. It is coming sooner or later.
Naw I think they will rase the rate because we gave them what they wanted what with the new rates and everything. All those problems in packistand are over and the new machines are running great we just need to keep an eye on those foren parts supliers.
Tusa is always right, they will once they have too. The wont in 18 cuz Power Services will show cash for the Mega Deal AGPs in 3rd qtr. They'll cut the divdend after HC and O&G are out
They suspend or cut the dividend they know within a month the stock is 5 dollars a share.