Tuesday, December 16, 2008

Live, From GE: Immelt Will Be the Show

(Wall Street Journal) ....One change analysts suspect may be coming: a decision to stop offering quarterly earnings forecasts. Mr. Immelt began the practice to highlight GE's consistent earnings. The forecasts built confidence both on Wall Street and on Main Street (individual investors hold 41% of GE shares). A GE spokesman on Monday said only: "Jeff will provide investors with our annual outlook tomorrow."...

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