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Tren Griffin @trengriffin
, 3 tweets, 1 min read Read on Twitter
"GE and GE Capital listed total borrowings of $115 billion at the end of the third quarter" "Nobody leaves" commercial paper 'voluntarily'," "GE will have to utilize its revolving credit facilities, which will result in an increase in funding costs." amp.cnn.com/cnn/2018/11/01…
"GE posted revenues of $29.57 billion for the quarter ended September 2018." That's more
"revenue per hour" than Google which had revenue over the equivalent period of $27.2 billion. It is almost as if there are numbers other than revenue that must be considered too.
"Walmart, which makes more than half of its nearly $500 billion in annual revenue from groceries." That is a lot of "revenue per hour," which of course means little unless you understand other numbers. Revenue isn't free cash flow for example. theverge.com/platform/amp/2…
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