Sunday, January 22, 2017

GE's CEO says oil, gas drag to continue, foreign exchange headwinds to ease



ny fashionable electric powered Co (GE.N) expects weak spot in oil and gasoline revenue to keep to drag on its outcomes, but headwinds from foreign exchange translation need to ease, chief govt Officer Jeff Immelt stated on Friday.
The diversified commercial organisation sees scope to maintain cutting charges and stays on track to supply $2 per percentage in adjusted profits in 2018, Immelt said for the duration of a conference call following the release of GE's 0.33-quarter income.

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