30 Jul UPDATE 1-GE posts loss, takes Boeing hit but raises forecast; CFO to leave
General Electric Co swung back to
a financial loss in the second quarter, as the cost of
restructuring its ailing power business and the grounding of a
Boeing Co jetliner model drained more cash than expected
from GE’s otherwise profitable industrial units.
a financial loss in the second quarter, as the cost of
restructuring its ailing power business and the grounding of a
Boeing Co jetliner model drained more cash than expected
from GE’s otherwise profitable industrial units.
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