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Transcripts For KQED Nightly Business Report 20170722

Its forecast for the year, disappointing. The problems are wellknown. Its Energy Business continues to reel from low oil prices. Its transformation back to a pure Industrial Company yet to take hold. Investors were not pleased with ceo jeff imelts final earnings report. The stock which hell likely own in a mutual fund, an etf or retirement account was off nearly 3 how deep did do the problems at ge run . Just take look at this. General electric the worst performing dow stock since mr. Imelt took over in 2001. Off 36 . Turning things around will be up to the incoming ceo. But he didnt offer any details of his plan during his guest appearance on todays Earnings Conference Call. Dominique chu has more. If theres one word that could be used describe story. In some ways, while ge did reiterate its current year guidance, incoming Ceo John Flannery spoke on the companys Earnings Conference Call about my official start date is august 1th and a full review and be back to investors in the fall w

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