In addition, GE has also inked a definitive agreement with Baker Hughes Incorporated to merge its Oil & Gas business with the latter to form an industry leader with an unrivalled mix of service and equipment capabilities. However, for a company as large as GE, additional revenues needed for growth are quite large, posing a challenge in developing businesses on such a vast scale. In the last four trailing quarters, GE has reported a positive average earnings surprise of 4.5%, beating estimates thrice. Earnings estimate revisions have remained static in the last month as investors retain a neutral stance about the performance of the company. Currently, GE has a Zacks Rank #3 (Hold), but that could definitely change following fourth-quarter 2016 earnings report, which was just released. We have highlighted some of the key stats from this just-revealed announcement below: Earnings: GE operating earnings matches estimates. The Zacks Consensus Estimate called for EPS of 46 cents, and the company reported operating+verticals EPS of 46 cents as well. Revenue: Quarterly revenues miss estimates. GE posted consolidated revenues of $33,088 million, compared with Zacks Consensus Estimate of $34,150 million. Key Stats to Note: GE has offered a bullish guidance for 2017 with industrial operating+vertical EPS expected in the range of $1.60$1.70, representing organic growth of 35%, and remains confident to return $19$21 billion to shareholders.you could check here
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I can tell when I’m interviewing for a job in a high-turnover, poor-culture organization because they run you through the interview process so fast. I am about to get a job offer and I don’t want the job, but I’d rather take a bad job and be able to pay the rent next month than decline the job offer and run out of money. I’m going to accept the job offer because I am out of cash, but I want to keep my job search going, too. Is that ethical? Thanks! Home PageWatch on Forbes: Dear Evan, I don’t know where you are located, but in the U.S. we have a doctrine called Employment at Will. It means that an employer can terminate you when they feel like it. They don’t need a reason. Therefore no job, even if it is a full-time job with benefits, can be considered a “permanent” position. It’s a temp position, basically — unless you are covered by a collective bargaining agreement or your own personal employment contract.
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