General Electric (NYSE:GE) is going through a tough year. The stock has lost over 14% year-to-date. Analysts believe that there are some serious structural issues with the company’s power segment. The company is expected to close merger deal with Baker Hughes Incorporated (NYSE:BHI) by the end of this summer. In the first quarter results, the General Electric disappointed investors by reporting weak free cash flow.
Debt load is also burgeoning, making future prospects for the company bleak. GE’s CEO Jeff Immelt recently warned investors that the company might not be able to solve its immediate problems in the near future.
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