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Analysts, who earlier in the day hailed GE's (
as Jeff Immelt says GE will try to boost earnings by cutting $1B in costs this year rather than relying primarily on sales growth (
). "The level of uncertainty in terms of their ability to meet their goals has risen," says one. Nomura calls the quarter "
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The dividend is a lot more than 3.5% on all my shares I bought at $9.00 /shr. I hope the stock tanks. Then I'll buy some more. Just do the math. If you don't need capital appreciation you and all your children and grandchildren can have a pretty nice living off the dividends. I think GE loves bad news then they can buy back more shares at a lower price. I'll take GE over Apple any day.
Apr 19 05:35 PM
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