GE Announces Results for Q2

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GE announced results for the second quarter of 2018.

GE Chairman and CEO John Flannery said, “With our strategic review now complete, GE is moving forward to implement the strategy and structure we laid out in June. Our focus is on unrelenting execution of this plan to improve operating results, strengthen our balance sheet, accelerate growth across our businesses, and increase shareholder value.” Flannery added, “The second quarter was in line with expectations, and we saw continued strength across many of our segments, especially in Aviation and Healthcare. We expect the power market to remain challenging, and we continue our focus on operational improvement. In the first half of the year, we reduced Industrial structural costs by $ 1.1 billion,... ... More: Official Press Release GE

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