GE Aerospace (GE)

[1994hoosier]

The Dow Jones news wire report here today suggests that the company forecasts little to no growth in profit based on declining or modest orders for aircraft engines, energy generation equipment and medical devices. I noticed in particular they commented on ones involved in scanning for medical procedures.

This did not surprise me whatsoever as I do remember hearing that it is expected that less MRIs may be advised by doctors in an article I read in The Columbus Dispatch within the past month. I am hardly finding that shocking as I was finding them relatively common with myself just 2 years ago. The expense is so incredible for them I am not surprised insurance companies would want to be careful about them being prescribed relatively frequently.

Hope to get some replies.