GE Healthcare Spun Off as a Standalone Company

To no one’s surprise GE has rapidly completed its strategic review. The move comes after the S&P Dow Jones Indices recently removed the company from the Dow Jones Industrial Average.GE will focus on aviation, power, and renewable energy, creating a simpler, stronger, leading high-tech Industrial company, according to John Flanner, chairman and CEO of GE. In addition to the pending combination of its transportation business with Wabtec, GE plans to separate GE Healthcare into a standalo