GE books $4.2 bn charge, restates earnings amid accounting concerns

April 14, 2018

By Editor

General Electric announced it took a $4.24 billion equity charge and reduced earnings for the last two years by 30 cents a share, Reuters reported. Read the latest news on power industry

Baburajan Kizhakedath

Baburajan Kizhakedath is the editor of GreentechLead.com. He has three decades of experience in tech media.

Topics
GE

0 0 votes

Article Rating

Connect with

I allow to create an account

When you login first time using a Social Login button, we collect your account public profile information shared by Social Login provider, based on your privacy settings. We also get your email address to automatically create an account for you in our website. Once your account is created, you'll be logged-in to this account.

DisagreeAgree

Notify of

Label

Name*

Email*

Website

Connect with

I allow to create an account

DisagreeAgree

Label

Name*

Email*

Website

0 Comments

Oldest

Newest Most Voted

India Electricity Demand to Rebound 7% in 2026 as Heatwaves, Electrification and Renewable Energy Drive Power Growth: IEA

Power

Energy Efficiency Delivers Higher Productivity, Lower Costs and Stronger Business Growth: 10 Key Benefits for Enterprises

Power

GE books $4.2 bn charge, restates earnings amid accounting concerns

Indonesia Targets 13 GW Solar Rollout to Replace Diesel Power in First Phase of 100 GW Programme

Renewable news: CHINT, The Battery Network, National Waste & Recycling Association

Renewable news: Canadian Solar’s e-STORAGE, NextEra, OPC Energy

Renewable news: Recurrent Energy, Blattner Energy, Pando Energy, Blue Energy, GE Vernova Hitachi

Renewable energy news: Energy investment in South Africa, Hyosung Heavy Industries, Londian Wason New Energy Tech

Related

Japan’s Ammonia Co-Firing Plan for Coal-fired Power Plants Faces $4 bn Cost, Supply and Technology Challenges

India Electricity Demand to Rebound 7% in 2026 as Heatwaves, Electrification and Renewable Energy Drive Power Growth: IEA

Siemens Energy to Rebrand as Omterra, Unifying Energy Business Under Independent Global Brand

US Power Demand to Hit New Records in 2026 and 2027 as AI Data Centers Drive Electricity Consumption

Indonesia’s Coal-Dependent Power Sector Faces Rising Costs, Grid Risks and Renewable Energy Challenges: IEEFA

Siemens Energy Wins Contract to Supply 2.6 GW Misfah and Duqm Power Projects in Oman

Energy Efficiency Delivers Higher Productivity, Lower Costs and Stronger Business Growth: 10 Key Benefits for Enterprises

Global Energy Access Crisis Deepens as 655 mn People Remain Without Electricity and Clean Energy Funding Falls

Offshore Carbon Capture Faces Massive Scale-Up Challenge as Global CCS Ambitions Outpace Reality: IEEFA

COP26: Updated NDC Synthesis Report: Worrying Trends Confirmed

Renewable energy news: Hithium, GSU, Limes