Baker Hughes, a GE company Announces July 2018 Rig Counts

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JPMorgan Reiterates Underweight on General Electric (GE)

August 9, 2018 7:32 AM EDT

JPMorgan reiterated an Underweight rating on General Electric (NYSE: GE). Data points suggest JPMorgan's well below consensus view may not even be negative enough. GE is losing share, which collapsed to ~20% in 1H18 vs ~51% in 1H17, reflecting the lagging impact of a catch up H-frame... More