GE’s Stock Reverses Higher After News Of Accounting, Board Changes - Investor's Business Daily -BoardProspects

GE’s Stock Reverses Higher After News Of Accounting, Board Changes

Investor's Business Daily Feb 26 2018 BoardNews

General Electric ( GE ) will cut 2016 and 2017 earnings per share after adopting a new accounting standard and has begun revamping its board of directors. X Separately, Warren Buffett, whose Berkshire Hathaway ( BRKB ) sold most of its GE stock in 2017, said Monday he was "staggered" by GE's financial lapses...
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Quotes
1. In late March, we will provide comparative results for 2016 and 2017 that reflect the new standard.
Topics Mentioned
- Shareholders
- Management
- risk
- acquisition
- Bloomberg
- General Electric
- Warren Buffett
- Berkshire Hathaway
- Trian Fund
- GE
- CEO
- crisis
- stake
Authors
- Aparna Narayanan
- Investor'S Business Daily