Reuters Before the Bell: GE forecasts 2019 profit below estimates, shares fall

Click to View in Browser Thursday, March 14, 2019 GE forecasts 2019 profit below estimates, shares fall General Electric Co forecast adjusted earnings of 50 cents to 60 cents per share for 2019, below analysts' expectations of around 70 cents, as new Chief Executive Larry Culp plows ahead with asset sales and restructuring. France receives Ethiopia crash black boxes, families mourn Investigators in France were to take charge of the crashed Ethiopian Airlines jet's black boxes on Thursday, seeking clues into a disaster that has grounded Boeing's global 737 MAX fleet and left scores of families mourning and angry. First readings of Ethiopian plane's black boxes may take days: BEA It may take several days to complete the first readings of the black boxes recovered from the Ethiopian Airlines jet that crashed after take-off, a spokesman for the French air accident investigation agency conducting the analysis said on Thursday. Indonesia to send officials to Ethiopia to aid Boeing crash probe Indonesia plans to send a flight inspector and an official from its transport safety agency to Ethiopia to help with the probe into Sunday's crash of a Boeing 737 MAX 8 jet, Transport Ministry official Polana Pramesti said on Thursday. Dollar General 2019 profit forecast disappoints, shares fall 6 percent Dollar General Corp forecast 2019 profit below analysts' expectations on Thursday as the discount retailer ramps up spending on stores to pull in more customers, sending its shares down nearly 6 percent. HK suspends UBS sponsor license, fines it and others $100 million for IPO failures Hong Kong's securities regulator banned UBS from leading initial public offerings (IPOs) in the city for a year, while fining it and rivals including Morgan Stanley a combined $100 million for due diligence failures on a series of IPOs. Facebook struggles into day two of global outage Facebook Inc struggled to restore its services fully on Thursday after a 17-hour partial outage made the world's largest social network inaccessible to users across the globe, driving a wave of online complaints. Lufthansa CEO: Grounding Boeing 737 MAX the right decision The decision by regulators around the world to ground Boeing's 737 MAX aircraft following last weekend's Ethiopian Airlines crash was right, the CEO of German airline Lufthansa said on Thursday. Flydubai says Boeing 737 MAX remain integral to future strategy Middle Eastern carrier flydubai said on Thursday the Boeing 737 MAX, grounded after two fatal crashes in five months, remained integral to its future strategy. Saudi Aramco shifts strategy in China to boost oil sales Rising Russian and U.S. competition has pushed Saudi Aramco to find new buyers for its oil in China, encouraging a shift toward independent refiners and newcomers to the business. Related Video Softbank, Toyota may invest in self-driving Ubers Trump orders all Boeing 737 MAX to the ground Make sense of the market with highlights of valuable financial information and reports along with compelling investment insights. Register Today The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2019 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook