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01 Jun, Thursday
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Bull Trader USA

The analyst Wall Street was waiting to hear from on GE breakup has spoken, and he’s still skeptical

The logo of General Electric is pictured at the company’s site of its energy branch in Belfort, France, February 5, 2019.

Vincent Kessler | Reuters

One of Wall Street’s most authoritative voices on GE said Wednesday that the company’s plan to split itself in three pieces won’t be enough to give shareholders a major return.

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