GE CEO must convince skeptics his industrial strategy can win

April 15, 2015 3:42 PM

61 0

April 15 (Reuters) - As General Electric Co stock soared last Friday to its biggest one-day gain in six years, investor Patrick Kaser's fund made a choice: Sell it all.

Kaser, who manages Brandywine Global's $7 billion large-cap value equity portfolio, said his fund unloaded its entire 6 million-share position after the U.S. conglomerate announced it would shed most of its GE Capital finance unit and focus on manufacturing turbines, locomotives, jet engines and oth...

Read more

To category page

Loading...