General Electric restructrures its businesses

According to news, General Electric, one of the biggest companies in the U.S., starts the restructuring process of its businesses. GE is going to stop its operations related to its health care, oil and gas and locomotive businesses.

In the coming years, GE Power will be its major division. Also, GE Capital continues to its operations. You can read the details of the story from  http://money.cnn.com/2018/06/27/news/companies/ge-future-power-aviation/index.html

Note that GE stock has a year-to-date return of -19.48% as of June 27, 2018 (14:17 pm)