Description: General Electric Co. raised its dividend and re-started a $15 billion share-buyback program Friday as the conglomerate cited progress in its effort to recover from the financial crisis.
Source:Â Marketwatch.com
Date: 07/23/2010
Link: http://www.marketwatch.com/story/ge-raises-dividend-to-resume-share-buybacks-2010-07-23?siteid=nwtwk
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Questions for discussion:
- Summarize the financial changes at GE?
- Do you think management’s decisions are wise or would you advise doing something else?
- Would you expect this news to influence the general stock market?
- If so, explain how and why you would expect the market to respond.
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