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Thread Number: 62990
/ Tag: Modern Automatic Washers
GE will still be GE for now.... |
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Post# 855536 12/7/2015 at 11:07 (3,055 days old) by estesguy  (kansas) |
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Looks like the on again, off again sale of the GE appliance division, is off again CLICK HERE TO GO TO estesguy's LINK | ||
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Post# 855537 , Reply# 1 12/7/2015 at 11:17 (3,055 days old) by combo52 (50 Year Repair Tech Beltsville,Md) |
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Yay | ||
| Post# 855550 , Reply# 3 12/7/2015 at 13:23 (3,055 days old) by johnb300m (Chicago) | ||
......
Not sure how I feel about this....
GE really really REALLY REALLY doesn't want Appliances anymore. Which means.....it'll probably be dumped off on a Chinese firm or an investment group, which will then kick it around, part it out, etc..... I'm not so optimistic. At least Electrolux was a reputable appliance maker :/ | ||
| Post# 855558 , Reply# 6 12/7/2015 at 14:39 (3,055 days old) by mark_wpduet (Lexington KY) | ||
It's too bad | ||
| Post# 855569 , Reply# 8 12/7/2015 at 15:25 (3,055 days old) by johnb300m (Chicago) | ||
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IPO?
If there's any evidence of the ingenuity and prowess that still exists at GE Appliances, it's in their products released in the past few years.
They have washers that are naturally higher, so you don't have to buy pedestals. Their cycles will work out the best programming for certain stains. Their dishwashers will reverse their wash arms, and they brought to market the bottle jets first. Steam is a standard feature on all but the BOL. The unique and well priced "GE Artistry" series. Reveal LED bulbs that have a superior color (IMO). They've done a lot of fantastic stuff...and GEA is very profitable. Over $1B last year................... If allowed to be slightly optimisitic, maybe they'll spin off the Appliances division on its own? BUT....does that then make it a takeover target? | ||
| Post# 855573 , Reply# 9 12/7/2015 at 16:17 (3,055 days old) by alr2903 (TN) | ||
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Maybe Walgreen's and CVS will buy GE. They would have tons of showrooms. There is no way they plan to keep 2 drugstores on every corner. Art
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| Post# 855580 , Reply# 10 12/7/2015 at 17:01 (3,055 days old) by alr2903 (TN) | ||
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Sorry I thought my post was in the wrong place. We have 2 threads going on this topic. -A | ||
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Post# 855625 , Reply# 11 12/8/2015 at 01:32 (3,054 days old) by askolover (South of Nash Vegas, TN) |
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| Post# 855980 , Reply# 12 12/10/2015 at 10:10 (3,052 days old) by johnb300m (Chicago) | ||
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www.foxbusiness.com/investing/201...
I thought this was a really interesting read. In summary, they all think GE should double down on manufacturing. Especially American manufacturing, since it seems to have real, tangible, global equity. | ||
| Post# 858092 , Reply# 13 12/23/2015 at 21:08 (3,038 days old) by LaVidaBoem () | ||
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6 day old News, but... To Wallstreet and investors as of Monday of this week, GE announced that it is still actively seeking a suitor for the appliance division.
Sad, but True,
LaVidaBoem CLICK HERE TO GO TO LaVidaBoem's LINK | ||
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Post# 858169 , Reply# 14 12/24/2015 at 13:06 (3,038 days old) by Combo52 (50 Year Repair Tech Beltsville,Md) |
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GE's major appliance division | ||
| Post# 861656 , Reply# 15 1/13/2016 at 16:34 (3,018 days old) by johnb300m (Chicago) | ||
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uh oh
www.wave3.com/story/30958685/repo...
www.sltrib.com/home/3406974-155/c... Well here we go. The beginning of the end. America will very likely lose a historic icon to the Chinese :'(((((( No values or patriotism at all. None. I have nothing good to say about Immelt. | ||
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