General Electric says it could burn up to $2 billion of cash this year (GE)
|03/14/2019||Posted by BusinessMediaguide.Com under General World News||
General Electric released its 2019 outlook on Thursday morning, and indicated that it still has a difficult road ahead.
“GE’s challenges in 2019 are complex but clear,” GE chairman and CEO Larry Culp said in the press release. “We are facing them head on as we execute on our strategic priorities to improve our financial position and strengthen our businesses.”
The company laid out the following expectations for 2019: