General Electric (GE) Plans To Use Fed's New Commercial Paper Facility
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Price: $327.09 +2.29%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.6%
Revenue Growth %: +13.3%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.6%
Revenue Growth %: +13.3%
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According to reports from Reuters, General Electric (NYSE: GE) plans to use the Fed's new commercial paper facility when it is launched on Monday.
General Electric Capital told its commercial paper customers that they have registered as users of the facility.
The Fed recently announced the facility after the important commercial paper dried up due to the credit crisis.
General Electric Capital told its commercial paper customers that they have registered as users of the facility.
The Fed recently announced the facility after the important commercial paper dried up due to the credit crisis.
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