GE shares fall as profit slumps, investors await new CEO’s targets

22 July 2017, Bengaluru — General Electric Co’s (GE.N) shares dropped sharply on Friday after it posted a 59-percent decline in second-quarter profit and put off an expected cut to 2018 earnings targets until November when new CEO John Flannery will be four months into his job. The maker of power plants, jet engines, medical […] More »