WAB - General Electric: The Worst Is Nearly Over
2019 is shaping up to be quite a year for General Electric (GE). In its fourth quarter earnings release for its 2018 fiscal year, the management team at the conglomerate announced some important developments that point to recovery in the business and a real, concerted focus on realigning the enterprise in a way that will, in the future, return true value to the entity’s shareholders. While some issues undoubtedly remain, what we saw from the quarter, and from management specifically, should be construed as bullish and will likely establish a floor in the