Comment on GE Takes Hit From Old Mortgage Unit but Says Turnaround on Track - Wall Street Journal

GE Takes Hit From Old Mortgage Unit but Says Turnaround on Track - Wall Street Journal

Wall Street JournalGE Takes Hit From Old Mortgage Unit but Says Turnaround on TrackWall Street JournalGeneral Electric Co. GE 2.42% reported a quarterly loss as the conglomerate took a $1.5 billion charge related to a subprime mortgage business it once owned, but the company said it was making progress on its cost-cutting efforts and reaffirmed its ...GE sets aside $1.5 billion for investigation settlement after talks with the Justice DepartmentCNBCHas GE finally turned a corner?CNNMoneyGE profit and revenue top estimates, stock soarsMarketWatchFinancial Timesall 7 news articles »

 

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