Why GE is fighting an uphill battle
Sanebull on 
GE is cleaning up their act… by getting rid of their health care, oil and gas, and locomotive businesses – a move that Wall Street loved, by the way. The company has vowed to simplify the business and start tackling that mountain of debt they are sitting atop of. However, as GE tackles one problem others seem to pop-up simultaneously.
GE seems powerless… when it comes to their power and banking segments. GE Power is getting killed by renewable energy’s rapid rise and was recently forced to lay off 12,000 workers. It is safe to say that power is being “challenged” and is unlikely to recover in the near-term. And while GE does have a renewable energy division, it is too small to make up for the company’s other shortcomings.
Aviation should take flight… and sales are expected to soar, led by GE’s LEAP engine. We will also hear more about GE Capital, who disclosed a $6.2B loss in January in the long-term insurance care business. It looks like things will get worse before they can get better.
