General Electric Gets SEC Wells Notice Amid Accounting Probe

Christel Deskins

General Electric  (GE) – Get Report shares edged higher Wednesday, largely in-line with broader market gains, as investors reacted to the possibility of legal action linked to a Securities & Exchange Commission probe into some of its accounting practices. GE said Tuesday that it had received a so-called Wells Notice from […]

General Electric  (GE) – Get Report shares edged higher Wednesday, largely in-line with broader market gains, as investors reacted to the possibility of legal action linked to a Securities & Exchange Commission probe into some of its accounting practices.

GE said Tuesday that it had received a so-called Wells Notice from the SEC that indicate authorities are looking into how the industrial group accounted for the run-off of some of its legacy insurance businesses that sat inside its GE Capital division.

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Boston Consulting Group Publishes New Landmark Strategy Book for Building Sustainable Business Advantage in Challenging Post-COVID Era

BOSTON, Oct. 6, 2020­ /PRNewswire/ — According to a new book by three veteran Boston Consulting Group (BCG) senior partners, unprecedented instability and uncertainty are scrambling the traditional playbook that companies have used to compete and succeed in the past 50 years, and a wholesale reimagining is required for sustainable success. […]