14.11.2014 - GE’S Rice Says Commodities Slump Puts Premium on Products
General Electric Co. (GE), which provides everything from oil drilling systems to vehicles for underground mining, said it expects to benefit from lower commodities prices as producers chase cost cuts to offset declining revenue. The company can still gain from demand for equipment and services that help trim expenses even as slumping prices for crude and other raw materials makes orders “a little bit bumpier,” GE Vice Chairman John Rice said in an interview in Rio de Janeiro......................................Full Article: Source
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