Report
Keith Schoonmaker

GE to Spin Off Healthcare, Separate From Oil & Gas; Our FVE Under Review for New Outlook

GE has just announced that it intends to spin off its healthcare business and separate from its Baker Hughes oil and gas business. Following the previously announced merger of the transportation segment with Wabtec, what remains of General Electric is chiefly aviation, power, and renewables, plus a (smaller) capital group.
However, we are placing our fair value estimate under review as we consider the implications of our fresh outlook on the performance of the full GE business portfolio, includi...
Underlying
General Electric Company

General Electric is a technology industrial company. The company's segments include: Power, which serves power generation, industrial, government and other customers with products and services related to energy production; Renewable Energy, which engineers and manufactures energy equipment and projects, grid solutions and digital services; Aviation, which designs and produces commercial and military aircraft engines, digital components, electric power and mechanical aircraft systems; Healthcare, which provides healthcare technologies; and Capital, which provides financial products and services that build on the company's industry capabilities in aviation, power, renewables, healthcare and other activities.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Keith Schoonmaker

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