General Electric expects second half to be cash flow positive: CEO

(Reuters) – General Electric Co expects to report positive free cash flow in the second half of 2020, Chief Executive Officer Larry Culp said at a Morgan Stanley Laguna Conference on Wednesday.

Shares of the company rose 7.4% to $6.55 after the news.

(Reporting by Rachit Vats and Sanjana Shivdas in Bengaluru;Editing by Arun Koyyur)