GE soars on promise of positive cash flows in second half

CEO Larry Culp Jr. predicts positive cash flows in the second half-year, which is music to shareholder ears.

BY RITZAU FINANS

Iconic industrial conglomerate General Electric has taken some hits during the Covid-19 crisis, but Wednesday saw high demand for its stock as Chief Executive Larry Culp Jr. pledged positive cash flows in the second half of the year.

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GE wins contract for unique hybrid battery in Britain
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