Restructuring Presents An Opportunity For General Electric Stock Investors – Amigobulls

General Electric is poised to grow significantly due to its restructuring plan. GE’s stock is not dirt cheap, but it is not very expensive either, and its average annual estimated EPS growth is high. I believe that the ShipXpress acquisition will increase GE Transportation revenues and profits. As previously announced, General Electric (NYSE:GE) has decided to…

UAE set to enact bankruptcy law as companies grapple with downturn – Financial Times

©AFP Dubai’s skyline, including the Burj Khalifa The United Arab Emirates is set to enact a long-awaited bankruptcy law that could protect executives at failing businesses from criminal prosecution if they enter insolvency. Under existing regulations it is difficult to liquidate companies, while individuals can face criminal action if they default on debt, causing expatriates…