Never thought GE would even consider selling Nuclear. For years I thought it was one of biggest money makers for the Company. In the company's third-quarter earnings report, the first under Culp, GE announced it would reorganize the power business into two divisions: a gas products and services unit and the remaining power units. The latter power portfolio consists of the steam, electric grid, power conversion and nuclear energy. RBC estimates those four businesses have annual revenue of $2 billion, $5 billion, $1 billion and $500 million, respectively. GE is likely to pursue sales of individual power businesses, including steam, nuclear and power conversion, RBC analyst Deane Dray said in a note Tuesday. "We believe that GE's endgame is to shrink Power down to just the core gas turbine equipment and services platforms that have technology overlaps with Aviation."
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Just a troll thing to say Trolls like to say they are surprised by something when they just want to talk about it.
Call it fake news or old news, it doesn't really matter.
when was the last time you paid attention to GE? nuclear hasn't been significant since, well, forever.
WTF are all of these b---sh-- pieces about. No nuclear is not being spun off, power is not being spun off. Just angry twats behind a keyboard.
There are very few things on earth as obsolete as GE’s nuclear technology....
Old news.