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3 Things CEO John Flannery Wants to Change at GE


3 Things CEO John Flannery Wants to Change at GE

General Electric Company (NYSE: GE) CEO John Flannery will outline his strategy for the company at the GE Investor Update event on Nov. 13. There's plenty of anticipation about the event from beleaguered investors hoping he can set the company, and the stock price, on the right path. While Flannery's exact plans will be outlined in a few weeks, his comments on the recent, and tumultuous, third-quarter earnings call offered a broad-based overview of what to expect.

So let's look at what was said and how it differs from Jeff Immelt's running of the company.

GE power needs fixing. Image source: General Electric Company.

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Source: Fool.com

General Electric Co. Stock

€158.00
0.640%
The General Electric Co. stock is trending slightly upwards today, with an increase of €1.00 (0.640%) compared to yesterday's price.
With 41 Buy predictions and not a single Sell prediction General Electric Co. is an absolute favorite of our community.
With a target price of 168 € there is a slightly positive potential of 6.33% for General Electric Co. compared to the current price of 158.0 €.
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