Tag Archives: GEV

GE Vernova Has The Orders. Wind Power Faces Major Headwinds

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illustration of GE Vernova post-spinoff earnings showing strong power and electrification demand alongside wind segment losses

GE Vernova is the kind of spinoff that makes conglomerate breakup arguments much easier to defend. Then Wind shows up and reminds everyone why the breakup was necessary in the first place. The former GE power business reported a strong second quarter, raised full-year revenue and free-cash-flow guidance, and ended the quarter with a $176 billion backlog. Orders… Read More »

Spinoff Odds & Ends: Ice Cream Drama, Billion-Dollar Borrowings, and a 5x Surprise

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It’s been a few years, but here’s a new Spinoff Odds & Ends post, bringing you spinoff news that just doesn’t warrant its own article. Unilever’s Ice Cream Headache: Ben & Jerry’s vs. Magnum We have discussed Unilever’s(UL) The Magnum Ice Cream Company spinoff. They haven’t said so, but one of the reasons may be the untenable position… Read More »