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GE: It Is Hard Bringing Good Things Back to Life

A reputation takes a long time to build and a short time to trash, or so the saying goes. How long does it take to rebuild?

That is the question now for General Electric. The conglomerate’s shares surged 12% to above $10 around midday following Wednesday’s quarterly results announcement, yet they are only back to where they were three months ago. The degree of improvement in GE’s financial position, including what shareholders learned in the latest release, is marginal but perhaps enough to put shares on the cheaper side of…

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