WSJ - Markets

How GE Can Win Back Investors

GE’s new CEO laid out his turnaround plan on Monday and used stronger words on Wednesday, but the shares kept falling. On Friday, John Flannery personally tried to stem the decline, buying $ 1 million in stock.

Mr. Flannery didn’t give a reason for his bet, but one compelling factor that could help him turn around the company is that the company’s competitors are performing very well. That could enable more ambitious asset sales and further reduce the complexity that has bedeviled the conglomerate. Markets

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