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GE Lagos Garage

GE’s Q2 revenue drops by 12% to USD29.6 billion

GE said its second quarter revenue dropped by 12% year on year while its cash flow rose more than expected. Outgoing CEO and Chairman, Jeff Immelt, Chairman “GE’s portfolio enables us to execute in a slow-growth, volatile environment, with Industrial segment organic revenues +2% and orders +6%. We delivered $0.28 […]

Moody’s posts USD1.0 billion revenue for Q2

Moody’s posts USD1.0 billion revenue for Q2

Moody’s one of the top four largest rating agencies said it recorded USD1.0 billion for the second quarter of the year. The result is an 8% year on year growth. “In the second quarter, Moody’s recorded $1.0 billion in quarterly revenue, as well as double-digit EPS growth,” said Raymond McDaniel, […]