General Electric expects second half to be cash flow positive: CEO

By Syndicated Content Sep 16, 2020 | 1:26 PM

(Reuters) – General Electric Co expects to report positive free cash flow in the second half of 2020, Chief Executive Officer Larry Culp said at a Morgan Stanley Laguna Conference on Wednesday.

Shares of the company rose 7.4% to $6.55 after the news.

(Reporting by Rachit Vats and Sanjana Shivdas in Bengaluru;Editing by Arun Koyyur)

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