General Electric Co. warned investors of another year of lower profits and weak cash flow from its core industrial operations, while detailing its plans to cut costs and debt. GE forecast on Thursday that its industrial operations could burn up to $2 billion more cash than they generate in 2019 and set earnings targets for the year that were below Wall Street’s forecasts.The financial projections follow two difficult years in which the conglomerate has reported falling profits and slashed its dividend.

Source: Wall Street Journal March 14, 2019 11:26 UTC