I like Larry Culp as a CEO. I like the recent moves they've been making:
1. GE Healthcare launched a new wireless hand held ultrasound named "Vscan Air." GE Healthcare estimates that the market for hand held ultrasounds will grow as big as $1billioin in the next decade and they want to capture 30% of market buy 2025! This bad baby connects to a smartphone app and is entirely wireless. The device can also be used by traines health-care providers to quickly evaluate blood flow, gallbladder disease and assess and monitor Covid-19 through a lung exam.
2. Aercap merged with GE's jet leasing unit. Aercap agreed to pay $25 billion in cash and $6.7 billion in shares. GE gets $24 billion cash I believe towards their current $50 billion dollar GE Capital debt. This isn't the best news, but it shows that my boy Larry is on to something.
Details in photo!
1. GE Healthcare launched a new wireless hand held ultrasound named "Vscan Air." GE Healthcare estimates that the market for hand held ultrasounds will grow as big as $1billioin in the next decade and they want to capture 30% of market buy 2025! This bad baby connects to a smartphone app and is entirely wireless. The device can also be used by traines health-care providers to quickly evaluate blood flow, gallbladder disease and assess and monitor Covid-19 through a lung exam.
2. Aercap merged with GE's jet leasing unit. Aercap agreed to pay $25 billion in cash and $6.7 billion in shares. GE gets $24 billion cash I believe towards their current $50 billion dollar GE Capital debt. This isn't the best news, but it shows that my boy Larry is on to something.
Details in photo!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.