Anders Keitz is a reporter for TheStreet covering energy and industrials as well as corporate governance topics. Prior to joining TheStreet, Keitz studied at the Columbia University Graduate School of Journalism with a concentration in business and economics. She had previously worked as a local television news producer in western Massachusetts. In 2013, Keitz received a Bachelor of Science in Broadcast Journalism from Syracuse University.
The Austin, Texas-based company reported adjusted earnings of 72 cents a share on revenue of $1.2 billion.
The agreement will trim GE's ownership stake in Baker Hughes to just above 50%.
Culp says asset sales will help to bring down leverage levels.
JPMorgan's Stephen Tusa says GE's third-quarter results were 'worse than expected on almost all fronts.'
The outcome of a split Congress may have already been priced in for the defense sector, according to Jim Cramer and the Action Alerts PLUS team.
UBS analyst Steven Winoker estimates GE has $72 billion in near-term sources of liquidity.
Proposition 112 could affect Anadarko's future oil production plans in the state.
The recently appointed CEO purchased 225,000 GE shares at the beginning of the month, according to a filing with the U.S. Securities and Exchange Commission.
The chemicals giant reported adjusted earnings of 74 cents a share on revenue of $20.12 billion.
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