Category: Money

General Electric shares rise after CEO John Flannery discloses personal purchase of 60,000 shares<div class="adsxpls" id="adsxpls2" style="padding:7px; display: block; margin-left: auto; margin-right: auto; text-align: center;"><!-- AdSense Plugin Explosion num: 2 --><ins class="adsbygoogle" id="adsgoogle2" style="display:inline-block;width:728px;height:90px" data-ad-client="ca-pub-"
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The leader of embattled General Electric is stepping up and buying the company’s shares with his own personal funds. General Electric Chairman and CEO John Flannery disclosed he purchased 60,000 GE shares at a stock price of $18.27 on Wednesday in a government securities filing. The transaction is worth nearly $1.1 million. Shares of General…