Will General Electric Stock Price (NYSE: GE) Get a Boost from Asset Sale?
June 09, 2015 at 15:57 PM EDT
The General Electric stock price (NYSE: GE) is up a solid 8% in 2015 - compared to the Dow's 0.32% year-to-date dip. The industrial giant announced Tuesday it agreed to sell its U.S. private-equity lending business to Canada Pension Plan Investment Board for $12 billion. So what's GE going to do with an extra $12 billion? Will it help the General Electric stock price? Let's take a look... Tags: ge stock , GE stock price , General Electric stock price , NYSE: GE To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Will General Electric Stock Price (NYSE: GE) Get a Boost from Asset Sale? appeared first on Money Morning - We Make Investing Profitable .