General Electric (GE) Said Tax Refund Report "Is a Hoax"
Get Alerts GE Hot Sheet
Price: $338.03 +0.27%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.5%
EPS Growth %: +19.9%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.5%
EPS Growth %: +19.9%
Join SI Premium – FREE
General Electric (NYSE: GE) said a press release stating that the company, responding to public outcry, will donate its entire $3.2 billion tax refund to help offset cuts and save American jobs is a "hoax."
A fake press release surfaced about the refund and was immediately reported as truth by The Associated Press.
That fake press release can be found here.
A GE spokesperson said "it is a hoax."
A fake press release surfaced about the refund and was immediately reported as truth by The Associated Press.
That fake press release can be found here.
A GE spokesperson said "it is a hoax."
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Jefferies Reiterates Buy Rating on GE Aerospace (GE)
- UBS says 30% YTD sell-off in this industrial stock "offers opportunity amid AI pivot"
- GE Aerospace to buy CPP for $11.75 billion in castings deal
Create E-mail Alert Related Categories
Insiders' BlogSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share