📉Is GE’s Breakup Plan Too Little Too Late? – January 16, 2018

📉Is GE’s Breakup Plan Too Little Too Late? – January 16, 2018.

We should have known something big was coming when General Electric GE slashed its dividend in half last November, and now, it looks like the industrial and infrastructure giant is mulling a restructuring move that would break up the company.

The speculation began when GE announced that it will be taking an after-tax GAAP charge of $6.2 billion to its fourth quarter earnings—at the new 21% tax rate, the charge will be $7.5 billion—a significant hit that is linked to weakness in the company’s North American Life & Health insurance portfolio.

Zacks.com

https://www.zacks.com/stock/news/289041/is-ges-breakup-plan-too-little-too-late?cid=CS-ZC-FT-289041

米GE:会社分割の可能性検討、6850億円の費用計上で懸念広がる

https://www.bloomberg.co.jp/news/articles/2018-01-16/P2O2DD6S972901

GEが会社分割を検討 金融で引当金7000億円: 日本経済新聞

https://r.nikkei.com/article/DGXMZO25785000X10C18A1000000?n_cid=NMAIL007

 

GE PROVIDES UPDATE ON INSURANCE REVIEW; $6.2B AFTER-TAX GAAP CHARGE IN 4Q’17

http://www.genewsroom.com/press-releases/ge-provides-update-insurance-review-62b-after-tax-gaap-charge-4q’17-284197

GE Chief: Legacy Reinsurance Business Review Prompts Pretax $9.5 Billion Charge

http://www3.ambest.com/ambv/bestnews/newscontent.aspx?AltSrc=23&RefNum=205642