How General Electric Company Is Returning To Industrial Roots Amidst Volatile Crude Oil Prices?

April 18, 2015 2:23 PM

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Crash in oil prices hurts GE Oil & Gas, but a shift in direction towards its industrial roots could help the company meet its targets

Sales of General Electric Company’s (NYSE:GE) oilfield equipment have taken a hit in the first quarter of fiscal year 2015 as the prolonged slump in crude oil prices has hurt the entire oilfield services industry. World’s biggest oilfield services company, Schlumberger Limited. (NYSE:SLB), was in th...

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