GE lifts forecast but warns Boeing grounding may cost $1.4 billion

July 31, 2019 admin Business News Comments Off on GE lifts forecast but warns Boeing grounding may cost $1.4 billion

General Electric Co raised its 2019 forecast on Wednesday, but disclosed more than $1 billion in potential costs from Boeing’s grounded 737 MAX jetliner, puncturing an early share rally.

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Source:: Reuters – Business News