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When will GE financial woes end?

Micheal Ben


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The financial woes plaguing General Electrics Company will not end soon as the company had previously stated that it will post negative cash flow this year. GE is expected to undergo a very large restructuring this year and this move will definitely gulp a huge sum of money. There is no easy way out for GE at the moment and if things continue in the current trend, the company might go into recession. Nonetheless, there are expectations by Wall Street analysts that GE could turn things around in three years time or so.

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