General Electric Co on Thursday warned 2020 free cash flow would be negative as it struggles with weakness in its aviation and power units due to the coronavirus outbreak.
The logo of U.S. conglomerate General Electric is seen on the company building in Belfort, France, October 19, 2019. REUTERS/Vincent Kessler
- General Electric Co on Thursday warned 2020 free cash flow would be negative as it struggles with weakness in its aviation and power units due to the coronavirus outbreak. The company also expects second-quarter free cash outflow to be between $3.5 billion and $4.5 billion, wider than analysts’ average estimate of negative $2.5 billion, GE Chief Executive Officer Larry Culp told investors at the Bernstein Conference.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Elon Musk let Jay Leno drive a Cybertruck through The Boring Company's tunnel underneath LA—take a lookComedian Jay Leno checks out Tesla's new all-electric pickup, the Cybertruck, with billionaire CEO Elon Musk in the latest episode of 'Jay Leno's Garage' on CNBC.
続きを読む »
Trump warns 2020 election could be 'rigged,' but his administration's investigation found no widespread voter fraud in 2018Despite 'glaringly empty' evidence of voter fraud following his administration's investigation, Trump warned that 'the Democrats are trying to rig the 2020 election.'
続きを読む »
GE Sells Lightbulb Business for About $250 MillionGeneral Electric is getting out of the business of making lightbulbs, selling a unit that defined the company for nearly a century and was its last direct link to consumers.
続きを読む »
GM, Ford turn to fast-payment programs to aid suppliers hit by shutdownsGeneral Motors Co and Ford Motor Co are using fast-payment programs set up with financial lenders to help cash-strapped small suppliers survive production shutdowns caused by the coronavirus pandemic.
続きを読む »
General Electric Makes The Switch Away From LightbulbsFor the first time in nearly 130 years, General Electric will no longer be making and selling light bulbs. The massive conglomerate makes much more money now as a lender, defense contractor and manufacturer.
続きを読む »
SoftBank-backed Ola buys Dutch electric scooter company EtergoSoftBank Group-backed Indian ride-hailing company Ola will acquire Amsterdam-based electric scooter company Etergo as part of its plan to locally build electric vehicles (EVs), the company said on Wednesday.
続きを読む »