General Electric CEO John Flannery On The Future Of GE
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- Опубликовано: 25 июн 2018
- General Electric CEO John Flannery speaks to "Squawk on the Street" about the announcement the company will spin off its health-care unit and exit its stake in Baker Hughes as part of its new strategy.
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General Electric CEO John Flannery On The Future Of GE | CNBC
My experience tells me a turn around is 50/50 - not the death of the company. The restructuring will take 18 months or more; Company will look differently but GE isn’t going anywhere.
Emilio Yepez What do you think about it now . Do you think Larry Culp can bring Ge back . I know GE is a good 5 year hold .
@@muradshawar lol 😆 😂
@@Stoneface_ yeah got in at 50$
@@muradshawar congratulations 👊🏿
It’s strange to me that GE was in insurance in the first place. Insurance companies need to know when there capital will be paid back. With technology, you don’t know when everything will work. Therefore GE’s insurance business has an inherent conflict with their technology/industrial business.
Hate to see company like GE goes down coz of bad management. SAD
well he's not ceo anymore, that should tell you something
LOL
Yeah because he’s Prime Minister of Australia, Scott Morrison.
GE was a great company, they used to make electronics like TV's, radios, record players including my Wildcat, and more. Back then, it was good, but now, it's not the same anymore. Walgreens becomes the new Dow Jones Industrial Average according to the NYSE. GE is no longer in the DJIA. I hope it will come back if they can get more people, more jobs, and I hope GE will come back anytime soon.
Not one word mentioned about the customer. Anyone who has to deal with GE Power will tell you they are a nightmare to deal with.
As a long term $GE shareholder I am happy with this interview and say Mr Flannery is doing a great job. I will hold another 20+ years
@Coloredspaces
GE put way too much focus on GE Capital, counting on outsized gains there, and in 2008 that all became a huge liability they are still scrambling to deal with. Understandably all the segments took a hit then, but Capital crushed them.
CaptainZ what about GE digital?
-50% since this
0:44 dude passes him a paper says "your head's shiny"
He sais "I" a lot when discussing the work that has been done to evaluate the company. Not giving credit to others or his team is always a red flag in leadership behavior. I guess the GE board eventually figured that out.
HOLDDDD BRO's !!!! I've faith in Mr Flannery.
Lol 😆 🤣
i hope you all stick with my investing in General Electric i have several parts that George Davison has at Davison Inventions that will cut GE a check and place these there GE can make them 3in 1 Dishwasher, Washer And Dryer all in 1 , dishwasher try attaches to back of washer its a front loader the mid section doesn't spin water sprout comes thru same back mid section that doesnt spin the door can have knotch in middle that try wont move that tray fits in while door is shut, 3wash boards are detachable to insert tray make sure it has good settings for all 3 and a great filter changer and etc
enforce violation of stock laws read them to them no 1 has the right to bring anyones accounts or investments in any debt at all
plus George has several others like my Jacuzzi/Tub Couch and Love seat all in 1 , with usage of water bed material but much better and luxurious , my recliner with toilet in it that flushes with air freshener and dryer , same for rooms for rent im building if all bathrooms are in use what are you gonna do , plus my soaker bucket stains in clothing dont come out the 1st wash
im tired saving NYSE why those dudes wanna look good ,its my money always used
i have no train fare but im always sitting at george washington when they get charged for using my accounts and havent cut the owner anything , put them in Jail quick
Man I am glad I dumped my GE shares back in 2002!
Mr. Wayne Buffalo in short time. I learned From you with Bloomberg. Thankyou. A hold lots. You are. My. Second. dad. That real talked. Am going. TO. LEARN MORE FROM YOU Because am going to. Keep you in my life. that real talked. Because you are going down to make History my friend that real talked. Mr. Buffalo. Much appreciate and Respected. From Alex Manuel
This isn't the type of person who should run a company. You need an innovator that can look around the corner. This guy is a guy that works for the innovator to make sure the i's are dotted and t's crossed.
Jeffrey Ashbrook nah, GE is done. They don’t need some one to innovate. They need someone to breakup, liquidate and restructure. That’s it.
Obviously Steve Jobs was the innovator, but look how well Tim Cook has done since 2012. So I completely disagree with you. Innovation is awesome, but for large cashflow machines, execution is more important.
I don't need a Elon Musk running Coca-Cola.
Their revenue growth has slowed SIGNIFICANTLY since Jobs died. You can't really argue that. What new products has he created? Headphones? Didn't he buy Beats By Dre for like 3 billion? You're the reason I make money.
Dude... 50% growth rate of revenue is unsustainable. By your logic, in order to maintain growth rate, he would need to have 1.5 trillion of revenue today.... Apple has been able to compound revenue at 9% which is very reasonable at such a large size. Point to me a company (innovator or not) that has added 100 billion of high margin revenue the past decade.....
Zuckerberg grows at 50% yoy.
great ceo. he knows how to turn things around. ge is in good hands.
I hope you all get in touch with me asap.
he might be a great CEO for a company but the bad choice for GE. or, rather, GE is a kind of business and only certain people understand how to manage that kind. it is easy to tear down, tear apart and sell all the assets; GE was never about seeing how small it can get.
But l concern next year Doller weak . How many effect currency down side benefit ?
I like Flannery
I Just saw the most famous trader in the background.....:)
Go GE! Save yourself.
Thankth John strategy , You will be fine,
will ge stock finally ever be a buy
it looks like theres a lot of confusion
Money printed by Fed makes banks and corporations richer and governments more wasteful and the purchasing power of the average person earnings smaller.
I think that Becky quick is stunning
Keep repeating what he is trying to say...still did not get to the point
I will add and say, the valuation of the stock today is still over valued, however in 18 months I can see it in the 20’s.
What board saying ?
*If I buy GE stock today will I get the spin off companies? - Whats the cut off date?*
No they are not spinning off - They are selling chunks of business.
..some assets may be spun - it is so unclear right now what the future is for GE. I will buy at liquidation value if it gets there, say $6
To clarify - Yes you will get assets that are spun off into new companies - No you will not get a share of assets that are sold to other business.
Mark Freeman for every 5 shares of GE, you will get 4 shares of GE healthcare. Won't happen though for another 12-18 months. I'm not positive, but I think that's what will occur.
the ceo says strong future and predicts all ups
Will the rest of business flourish the same ?
Poor eye contact. He cares only about collecting a paycheck. Many inside trades executed on this day,
Thankth healtthcare divistion separately dicide , Say 〃Wellcome 〃.
flannery?! future at GE?...
the future is....the modern Emron is going to get even worse...
-50% since this