Newport's Ortel Calls GE `Worst Type of Company to Own': Video

Jan. 22 (Bloomberg) -- Charles Ortel, managing director of Newport Value Partners, talks with Blo...  More »

Jan. 22 (Bloomberg) -- Charles Ortel, managing director of Newport Value Partners, talks with Bloomberg’s Betty Liu about the outlook for General Electric Co. GE's fourth-quarter profit exceeded analysts’ estimates as the order backlog rose and the company benefited from a tax gain and cost-cutting efforts including job reductions. Ortel also discusses Berkshire Hathaway Inc.'s strategy in Kraft Foods Inc. and Burlington Northern Santa Fe Corp. (Source: Bloomberg)  « Less