GE just posted a 20% beat in earnings, the company ratings got bumped by atleast 6-7 banks/firms, a great q3 projection, and more engine requests from airlines.
How can I not see this at 180 now?.... Love how manipulated this is.
GE Didn't GE and Boeing have a bid on who would build it's new engines. Does anyone know about this. Who built the crappy Boing planes that seem to be in the news ( tik tok ) falling about mid flight?
OSRC combination brings to mind Jack Welch, the legendary former GE CEO, who once commented on a similar business combination that "you can't build a race car from the parts of two wheelchairs".