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GE Splitting Up #17439064 07/19/22 Joined: Oct 2021 Posts: 10,709 The Magnolia State H Houston_2 OP Campfire Outfitter OP Houston_2 Campfire Outfitter H Joined: Oct 2021 Posts: 10,709 The Magnolia State The once behemoth of industrialization is splitting itself up into 3 distinct companies being : Aviation Healthcare Energy Effects should all be in place by 2024. Estimated costs to make the changes is 2 billion$. CNN Business, Market Watch, WSJ

Re: GE Splitting Up Houston_2 #17439078 07/19/22 Joined: Sep 2011 Posts: 60,749 Iowa/NW Ontario W wabigoon Campfire Kahuna wabigoon Campfire Kahuna W Joined: Sep 2011 Posts: 60,749 Iowa/NW Ontario I've been a fan of GE sing the day of the General Electric Theater, hosted by Ronald Reagon. "Progress is our most important product." These premises insured by a Sheltie in Training ,--- and Cooey.o "May the Good Lord take a likin' to you"

Re: GE Splitting Up wabigoon #17439089 07/19/22 Joined: Oct 2021 Posts: 10,709 The Magnolia State H Houston_2 OP Campfire Outfitter OP Houston_2 Campfire Outfitter H Joined: Oct 2021 Posts: 10,709 The Magnolia State Originally Posted by wabigoon I've been a fan of GE sing the day of the General Electric Theater, hosted by Ronald Reagon. "Progress is our most important product." They fell by the wayside though, Wabi. They’re selling their iconic light bulb business as well as their appliances business to the Chinese, along with several others at fire sale prices amounting to 20% of actual worth according to the articles.

Re: GE Splitting Up Houston_2 #17439098 07/19/22 Joined: Aug 2003 Posts: 39,002 Flyover Country Teal Campfire 'Bwana Teal Campfire 'Bwana Joined: Aug 2003 Posts: 39,002 Flyover Country Originally Posted by Houston_2 Originally Posted by wabigoon I've been a fan of GE sing the day of the General Electric Theater, hosted by Ronald Reagon. "Progress is our most important product." They fell by the wayside though, Wabi. They’re selling their iconic light bulb business as well as their appliances business to the Chinese, along with several others at fire sale prices amounting to 20% of actual worth according to the articles. GE hasn't made a lightbulb in 2 years. GE - no more bulbs. Me

Re: GE Splitting Up Houston_2 #17439112 07/19/22 Joined: Oct 2021 Posts: 10,709 The Magnolia State H Houston_2 OP Campfire Outfitter OP Houston_2 Campfire Outfitter H Joined: Oct 2021 Posts: 10,709 The Magnolia State Just bought some LED flood lights from Walmart. 2 Packs Of 4 bulbs each. Must have been leftovers but quite a few on the shelves of various types and sizes.

Re: GE Splitting Up Houston_2 #17439118 07/19/22 Joined: Jul 2015 Posts: 14,687 Tyrone Campfire Outfitter Tyrone Campfire Outfitter Joined: Jul 2015 Posts: 14,687 GE hasn't been worth a damn in the last 20 some ought years. Politics is War by Other Means

Re: GE Splitting Up Houston_2 #17439121 07/19/22 Joined: Oct 2021 Posts: 375 40 miles south of Chicago T TooOldToCare Campfire Member TooOldToCare Campfire Member T Joined: Oct 2021 Posts: 375 40 miles south of Chicago What about their locomotive manufacturing? Any ideas? They build most of the road locomotives.

Re: GE Splitting Up Houston_2 #17439159 07/19/22 Joined: Nov 2007 Posts: 1,015 A atomchaser Campfire Regular atomchaser Campfire Regular A Joined: Nov 2007 Posts: 1,015 The train business was split off several years ago is now part of Wabtec.

Re: GE Splitting Up Houston_2 #17439166 07/19/22 Joined: Oct 2004 Posts: 26,513 Metairie, LA PaulBarnard Campfire Ranger PaulBarnard Campfire Ranger Joined: Oct 2004 Posts: 26,513 Metairie, LA Originally Posted by Houston_2 The once behemoth of industrialization is splitting itself up into 3 distinct companies being : Aviation Healthcare Energy Effects should all be in place by 2024. Estimated costs to make the changes is 2 billion$. CNN Business, Market Watch, WSJ It's like they are creating sock puppets.

Re: GE Splitting Up PaulBarnard #17439168 07/19/22 Joined: Sep 2013 Posts: 17,865 A AKwolverine Campfire Ranger AKwolverine Campfire Ranger A Joined: Sep 2013 Posts: 17,865 Originally Posted by PaulBarnard Originally Posted by Houston_2 The once behemoth of industrialization is splitting itself up into 3 distinct companies being : Aviation Healthcare Energy Effects should all be in place by 2024. Estimated costs to make the changes is 2 billion$. CNN Business, Market Watch, WSJ It's like they are creating sock puppets. Perhaps just reinventing themselves Paul. You know, like trying to distance themselves from some of the things that have happened in the past.

Re: GE Splitting Up Houston_2 #17439187 07/19/22 Joined: Oct 2021 Posts: 10,709 The Magnolia State H Houston_2 OP Campfire Outfitter OP Houston_2 Campfire Outfitter H Joined: Oct 2021 Posts: 10,709 The Magnolia State Jack Welch was a hard act to follow but Immelt drove it into the dirt. The financial unwinding of 2008 pretty much put the nails in the coffins of GE Capital.

Re: GE Splitting Up Houston_2 #17439208 07/19/22 Joined: Dec 2004 Posts: 9,743 JeffA Campfire Outfitter JeffA Campfire Outfitter Joined: Dec 2004 Posts: 9,743 Fu ck GE, they suck down government funding and pay zero in taxes. But they are big on political campaign contributions. Not even a question that this reorganization will allow for MORE government funding and even MORE tax breaks. That's ZERO dollars As in ZERO $

Re: GE Splitting Up PaulBarnard #17439218 07/19/22 Joined: Mar 2011 Posts: 8,214 E TN,..yep, thats right! T tndrbstr Campfire Outfitter tndrbstr Campfire Outfitter T Joined: Mar 2011 Posts: 8,214 E TN,..yep, thats right! Originally Posted by PaulBarnard Originally Posted by Houston_2 The once behemoth of industrialization is splitting itself up into 3 distinct companies being : Aviation Healthcare Energy Effects should all be in place by 2024. Estimated costs to make the changes is 2 billion$. CNN Business, Market Watch, WSJ It's like they are creating sock puppets. I see what you did there

Re: GE Splitting Up JeffA #17439238 07/19/22 Joined: Oct 2021 Posts: 10,709 The Magnolia State H Houston_2 OP Campfire Outfitter OP Houston_2 Campfire Outfitter H Joined: Oct 2021 Posts: 10,709 The Magnolia State Originally Posted by JeffA Fu ck GE, they suck down government funding and pay zero in taxes. But they are big on political campaign contributions. Not even a question that this reorganization will allow for MORE government funding and even MORE tax breaks. That's ZERO dollars As in ZERO $ Their focus on the energy sector was less than revealing probably meaning green energy, Batteries production, etc.

Re: GE Splitting Up Houston_2 #17439365 07/19/22 Joined: Sep 2015 Posts: 663 South Central Oklahoma C Caplock Campfire Regular Caplock Campfire Regular C Joined: Sep 2015 Posts: 663 South Central Oklahoma Maybe become as relevant as Bell and Howell tactical sunglasses and cheap security lights.

Re: GE Splitting Up Caplock #17439383 07/19/22 Joined: Oct 2021 Posts: 10,709 The Magnolia State H Houston_2 OP Campfire Outfitter OP Houston_2 Campfire Outfitter H Joined: Oct 2021 Posts: 10,709 The Magnolia State Originally Posted by Caplock Maybe become as relevant as Bell and Howell tactical sunglasses and cheap security lights. Getting kicked out of the DOW 30 and followed by a 8/1 reverse split says about as much.

Re: GE Splitting Up Houston_2 #17439393 07/19/22 Joined: Nov 2010 Posts: 19,002 Central MS BigDave39355 Campfire Ranger BigDave39355 Campfire Ranger Joined: Nov 2010 Posts: 19,002 Central MS #🚂Toot!Toot! Dave �The man who complains about the way the ball bounces is likely to be the one who dropped it.� Lou Holtz

Re: GE Splitting Up Teal #17439424 07/19/22 Joined: Aug 2010 Posts: 27,938 TN A alwaysoutdoors Campfire Ranger alwaysoutdoors Campfire Ranger A Joined: Aug 2010 Posts: 27,938 TN Originally Posted by Teal Originally Posted by Houston_2 Originally Posted by wabigoon I've been a fan of GE sing the day of the General Electric Theater, hosted by Ronald Reagon. "Progress is our most important product." They fell by the wayside though, Wabi. They’re selling their iconic light bulb business as well as their appliances business to the Chinese, along with several others at fire sale prices amounting to 20% of actual worth according to the articles. GE hasn't made a lightbulb in 2 years. GE - no more bulbs. Cockfight … LOL

Re: GE Splitting Up Houston_2 #17439520 07/19/22 Joined: May 2011 Posts: 5,800 Queensland Australia M mauserand9mm Campfire Tracker mauserand9mm Campfire Tracker M Joined: May 2011 Posts: 5,800 Queensland Australia It happens. They got the Fanuc out in 2009. Originally Posted by mauserand9mm Originally Posted by mauserand9mm Originally Posted by Raspy Whatever you said...everyone knows you are a lying jerk. That's a bold assertion. Point out where you think I lied. Well?

Re: GE Splitting Up Houston_2 #17439626 07/19/22 Joined: Jan 2009 Posts: 1,859 C chesterwy Campfire Regular chesterwy Campfire Regular C Joined: Jan 2009 Posts: 1,859 They absolutely ruined Baker Hughes.