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General Electric Shares Plummet After Ceo's Cash-Flow Comments — Here's how Three Experts Reacted To
Posted
March 6, 2019
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March 6, 2019
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General Electric shares tumble after CEO Larry Culp says free cash-flow will be negative in 2019. Culp said on Tuesday that the company's "industrial free cash flow in 2019 will be negative." GE's industrial free cash flow is a key measure watched by investors. Culp also believes GE's battered power business will struggle even more this year than last year.
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