GE Capital might shrink as industrial sales drive growth

03/26/2013 | Bloomberg Businessweek

GE Capital reduced ending net investment by 18% between 2009 and 2012. A plan gives General Electric CEO Jeffrey Immelt impetus to further reduce the size of the finance unit. GE expects industrial sales to account for 65% of operating earnings by 2015. This year, however, organic revenue growth at industrial divisions could hit 2%, compared with 8% in 2012.

View Full Article in:

Bloomberg Businessweek