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Why GE Rose 3% Yesterday despite Its Weak 2019 EPS Outlook

Andrew Brunton
Why GE Rose 3% Yesterday despite Its Weak 2019 EPS Outlook

Why GE Rose 3% Yesterday despite Its Weak 2019 EPS OutlookCash flow to rebound next yearGeneral Electric (GE) has issued a weak 2019 earnings outlook and forecast a negative industrial FCF (free cash flow) this year due to its ailing power business.