KM Financial Solutions | UPDATE 1-GE points to more pain ahead as cash flow worsens
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UPDATE 1-GE points to more pain ahead as cash flow worsens

UPDATE 1-GE points to more pain ahead as cash flow worsens

General Electric Co’s industrial
businesses took a $1 billion hit to cash flow in the first
quarter due to the COVID-19 pandemic as overall revenue fell
almost 8%, and the company warned the damage would worsen in the
next three months.

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