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Actionable news in GE: GENERAL ELECTRIC COMPANY,

GE's Earnings Keyed to 'Industrial Internet' Efforts

As General Electric (GE) prepares to roll out its second-quarter earnings before the opening bell Friday, investors should be keeping a close eye on how far the manufacturer has come with its so-called Industrial Internet.

GE's digital transformation is part of the blueprint established by CEO Jeff Immelt last April, which involves scrapping the Fairfield, Conn.-based manufacturer's longstanding lending arm, GE Capital, in order to throw off onerous regulations and return the corporation to its more industrial roots. (GE stock is held in Jim Cramer's Action Alerts PLUS charitable trust.)

The Industrial...


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