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GE Rises as UBS Says Liquidity Isn't an Issue

Anders Keitz

rose on Tuesday, Nov. 6, after UBS said investors don't really need to worry about the beleaguered industrial conglomerate's liquidity. Investors have become increasingly concerned about GE's leverage, especially after management disclosing the expansion of federal investigations, according to UBS analyst Steven Winoker. Recently appointed Chief Executive Officer Larry Culp said there are "no plans for an equity raise," even amid GE's slowing cash flow generation.