GE power CEO reveals problem with new turbine model, shares drop

General Electric Co shares fell sharply on Thursday after the chief of its power division revealed a problem with its newest line of natural gas-fired power turbines, prompting J.P. Morgan to cut its price target for GE’s underperforming stock.

…read more

Get our FREE Newsletter! Discover Stocks with +1,000% Upside Potential!
Join over 100,000 investors and business leaders worldwide. Discover the Next Super Stock before the rest of the crowd.
Your privacy is our priority. Your email address will never be sold or shared with anyone else.

Source:: Reuters – Business News