The successor to Greg Smith was "considered a key appointment” for Boeing as it seeks to recover from the 737 Max grounding and COVID pandemic.
“We need GE to invest in America, not just one top executive. We are glad that shareholders are starting to see it the same way.”
Instead of selling receivables for quick cash, General Electric will boost its billings and collections "muscle," says CFO Carolina Dybeck Happe.
Four rough years in the corporate icon’s history.
The U.S. industrial conglomerate provided more clarity on its debt plans to soothe investor nerves, sending shares up.
Jamie Miller will become Cargill's first female CFO, having previously broken the glass ceiling at GE.
The deal with Ireland's AerCap "really marks the transformation into a more focused, simpler and stronger GE,” CEO Larry Culp says.
“As 2020 progressed, we significantly improved GE's profitability and cash performance despite a still-difficult macro environment."
The company "materially misled investors about how it was generating reported earnings and cash growth as well as latent risks in its insurance business."
Revenues were mainly driven by sales in the power and renewable energy divisions.
The buyer, Savant Systems, is a maker of ‘smart home’ solutions.
At present, companies generally aren't subject to required contributions and have little incentive to make discretionary ones, Russell Investments reports.
