Moving into the business investment side of the US and global economy, GE’s fourth quarter and full year results were the worst since 2009, by far. However, as all corporate management does, the perspectives surrounding the numbers have been flattered by selective comparisons. The highlight of the quarter was the industrial segment’s 5% growth in revenues, which was better than [...]
A healthy caterpillar will always turn into a butterfly, a beautiful, stunning representation of a natural system in good balance with sustainable proportions. Likewise, a healthy Caterpillar is a sign of a stable and healthy economic system, whether defined by region or the entire globe. If we look at Caterpillar’s dealer sales figures, it gives us a hard and pure [...]
General Electric Revenue: $35 billion, -0.5% Y/Y Net Income: $3.6 billion, +13% Y/Y EPS (GAAP): $0.35/share, +17% Y/Y Organic Revenue -6% Europe revenue -17% Service revenue in Europe -22% Sales in Core Industrial Equipment & Services -6% (-11% profit) Sales in Power Generation and Water Treatment -26%, (-39% profit) GE Capital Revenue (ex NBC sale) -6% (+9% profit) SG&A expenses [...]
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