7 years ago082General Electric (GE) shares popped on Monday after it was announced that CEO Jeff Immelt is stepping down. Market expert Louis Navellier, however, has not been convinced to buy the stock.
With sales and earnings expected to be down this quarter and with GE being a multinational, Navellier believes the company is going to be hurt by a...
7 years ago070General Electric Co said CEO Jeff Immelt would step down, capping a 16-year term that included steering the conglomerate through the financial crisis but saw its shares losing nearly a third of their value on worries about the company's growth.
GE said John Flannery, the head of its healthcare unit, would replace Immelt as CEO,...