17.07.2014 - General Electric plans to get rid of low-yield assets

American corporation General Electric is looking for a buyer for its business of producing appliances such as washing machines, air conditioners and refrigerators. This production is profitable, but compared with other divisions of the corporation profitability of this business is much lower, and the number of workers much bigger. The main directions of the corporation at which it has focused on is heavy machinery like engine construction for aviation gas turbine equipment, energy and transport engineering.

We consider this as a positive step for the further development of the corporation, and it should lead to improved financial performance. According to our estimates, till the end of the year, shares of the corporation can grow by 10-13%.

RISK WARNING: Trading of complex financial products, such as Stocks, Futures, Foreign Exchange ("Forex"), Contracts for Difference ("CFDs"), Indices, Options, or other financial derivatives, on "margin" carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full "Risk Disclosure" and "Risk Disclosures for Financial Instruments & Investment Services". FXFINPRO Capital is the trading name of PFX Financial Professionals Limited, a limited liability company formed under the laws of Cyprus, registered with the Registrar of Companies in Nicosia, Cyprus, under nr. HE 237840 and regulated by the Cyprus Securities and Exchange Commission with license number 193/13.