Posted
12:40 PM
by Gene
The finance units at Jeffrey Immelt's conglomerate are running out of tricks. (Subhed of
article on home page)
Tricks? The company of LEGENDARY WELCH? PSHAW!
Goldman Sachs analyst Deane Dray, who didn't bump his rating on GE down to "neutral" from "buy" until after the earnings miss Friday...Give that man a BIG RAISE!
...took Immelt to task for reaffirming guidance in mid-March and failing to deliver.NO COMMENT.