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Thursday, February 22, 2018

How General Electric gambled on fossil fuel power, and lost

NEW YORK (Reuters) - Last March, executives at General Electric Co's power-plant business gave Wall Street a surprisingly bullish forecast for the year. Despite flat demand for new natural gas power plants, they said, GE Power's revenue and profit would rise.


from Reuters: Business News http://ift.tt/2BI8Rkj

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