Prospects for GE’s spun-off health unit said to be strong
Despite transfer of $18B of debt and pension obligations to new standalone company, execs say health business and market position remain solid.
The General Electric Co. (GE) logo is displayed on a wall as employees work in the Monitoring & Diagnostics area of the company’s newly opened iCenter facility in Kuala Lumpur, Malaysia, on Tuesday, Oct. 21, 2014. GE surged the most in a year after beating analysts profit estimates as Chief Executive Officer Jeffrey Immelt squeezes […]
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