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General Electric (GE): Going green
Posted on May 16, 2008
General Electric (http://www.thestockadvisors.com/quote.htm?sym=ge) (NYSE: GE (http://www.thestockadvisors.com/quote.htm?sym=ge)). In his Forbes/Wolfe Emerging Tech Report (http://www.thestockadvisors.com/ccount/click.php?id=2022) he looks at GE and its leading role in green technology. General Electric disappointed investors when its quarterly earnings recently fell for the first time in 5 years. Profits fell 5.8% to $4.3 billion and revenues rose 8% to $42.2 billion, short of the expected $44 billion. Moreover, GE reduced its 2008 annual earnings forecast, citing seizure of credit markets ...
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