Shares of General Electric were rising on Wednesday after Wall Street learned that the company is selling its iconic lighting unit to smart home company Savant Systems. The company is selling the almost 130-year old consumer lighting business as it wants to focus on its industrial offerings now. Terms of the sale weren’t disclosed. “Today’s … Continue reading “General Electric Shares Pop As Company Sells its Consumer Lighting Business”
Tag: larry culp
Hot Stocks
GE Shares Explode After Company Accelerates Baker Hughes Share Sale
Shares of General Electric were soaring on Tuesday and seeing their best day in three…
November 13, 2018