GE shares dive after 'deeply disappointing' $6.2 billion insurance portfolio charge - CNBC

CNBC

GE shares dive after 'deeply disappointing' $6.2 billion insurance portfolio charge CNBC General Electric announces a $6.2 billion after-tax charge for its insurance portfolio and a plan to contribute $15 billion over the next seven years to shore up the portfolio's reserves. "At a time when we are moving forward as a company, a charge of ... GE breakup suggested during earnings callCBS News GE Shares Dive on $6.2 Billion Charge for Problems in Its Finance UnitFortune GE Takes $6.2 Billion Charge After Being Burned by InsuranceBloomberg Albany Times Union -Financial Times -Business Insider -Phys.Org all 120 news articles »

from Top Stories - Google News http://ift.tt/2DEJxdU