Recent News Headlines : General Electric

GE HEALTHCARE BETTING BIG ON MEDICAL CARE MARKET


GE Healthcare, a subsidiary of General Electric, is betting big on the rapid growth of China's healthcare market... READ MORE

9th December, 2017 12

GENERAL ELECTRIC, CHINA'S SILK ROAD FUND TO LAUNCH ENERGY INVESTMENT PLATFORM


SHANGHAI Reuters - General Electric Co GE.N and a Chinese state fund set up for the Belt and Road trade initiative plan to jointly establish... READ MORE

10th November, 2017 0

EXCLUSIVE: GENERAL ELECTRIC MULLS OPTIONS FOR AIRCRAFT LEASING UNIT - SOURCES


Exclusive General Electric mulls options for aircraft leasing unit... READ MORE

7th November, 2017 559

JULY WHAT IF JACK WELCH CHOSE THE WRONG PROTG FOR GE


In 2000, Jack Welch, GE's legendary CEO, chose Jeffrey Immelt to succeed him, passing over, among others, Dave Cote, another star at GE... READ MORE

20th October, 2017 910

GE'S IMMELT EXITS AHEAD OF PLAN AS FLANNERY ADDS CHAIRMAN'S ROLE


Immelt, 61, had been expected to step down as chairman of Boston-based GE at the end of the year... READ MORE

2nd October, 2017 113

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ABB BUYS GE BUSINESS FOR $2.6 BILLION IN BET IT CAN BOOST MARGINS


And then afterwards, we will make this business bigger and better, said ABB Chief Executive Ulrich Spiesshofer... READ MORE

25th September, 2017 5452

GE SHIFTS STRATEGY, FINANCIAL TARGETS FOR DIGITAL BUSINESS AFTER MISSTEPS


Our resources will go to our fastest-selling markets, GE Digital Chief Executive Officer Bill Ruh said in an interview... READ MORE

28th August, 2017 3906

TRUMP TO SEEK JOBS ADVICE FROM FIRMS THAT OFFSHORE U.S. WORK


A Caterpillar spokesman said it is simultaneously creating 1,300 new manufacturing jobs elsewhere in the United States... READ MORE

22nd February, 2017 3580

GE'S IMMELT STEPS DOWN, FLANNERY MOVES UP AMID TRIAN SQUEEZE


Nelson Peltz's Trian began stepping up pressure on Immelt... READ MORE

13th June, 2017 811

HAIER NEARS DEAL TO BUY GE'S APPLIANCES BUSINESS FOR OVER $4 BILLION


Haier nears deal to buy GE's appliances business for over 4 billion WSJ... READ MORE

15th January, 2016 545

GE CREATES DIGITAL UNIT, SAYS ENERGY MANAGEMENT HEAD TO RETIRE


Ge creates digital unit says energy management head to retire... READ MORE

14th September, 2015 474

GE UNVEILS BIG DATA TOOLS FOR INDUSTRY AMID SOFTWARE SHIFT


GE announced new software for power plants, drilling platforms and wind farms at an event in Berlin Tuesday... READ MORE

13th June, 2017 473

BAKER HUGHES-GE TALKS COME AFTER DIFFICULT TIME FOR BOTH COMPANIES


GE GE.N said Thursday it was in discussions with Baker Hughes Inc BHI.N but not to acquire the company outright... READ MORE

28th October, 2016 378

EXCLUSIVE: GE NEARS DEAL TO SELL OVER $30 BILLION OF LOANS TO WELLS FARGO - SOURCE


Exclusive GE nears deal to sell over 30 billion of loans to Wells Fargo - source... READ MORE

9th October, 2015 355

GENERAL ELECTRIC CEO JEFFREY IMMELT: WE'RE SEEING 'END OF THE GLOBAL ELITE'


General Electric CEO Jeffrey Immelt said his company can succeed without favorable trade deals because of its strategy of building products where it sells them... READ MORE

28th February, 2017 227

EXCLUSIVE: GE EXPECTED TO WIN EU APPROVAL FOR $14 BILLION ALSTOM DEAL


Commission spokesman Ricardo Cardoso and Alstom declined to comment... READ MORE

15th August, 2015 207

SLAP A BATTERY ON A GAS TURBINE AND MAKE AN EXTRA $1.4 MILLION


By adding battery storage to a quick-start natural gas turbine, General Electric Co... READ MORE

5th May, 2017 175

NELSON PELTZ'S TRIAN FUND TAKES $2.5 BILLION STAKE IN GE


GE could return over 40 percent of its current market value to shareholders by the end of 2018, Trian said in a report... READ MORE

5th October, 2015 141

GE CUTS THE LIGHTS ON EDISON ERA WITH PLAN TO SELL BULB BUSINESS


The Energy Connections Lighting unit, which includes both GE Lighting and Current, generated a profit margin last year of 2.1 percent, the lowest of GE's manufacturing divisions... READ MORE

10th June, 2017 140

JEFF IMMELT RESHAPED GE BUT COULDNT WIN OVER WALL STREET


After Thomas Edison, inventor of the incandescent lamp, started Edison General Electric Co... READ MORE

15th June, 2017 116

GE CAPITAL ASKS U.S. GOVERNMENT TO LIFT 'TOO BIG TO FAIL' DESIGNATION


GE Capital asks U.S. government to lift 'too big to fail' designation... READ MORE

31st March, 2016 115

AS IMMELT BOWS OUT, GE SHOWS THE STENCH OF OIL IS HARD TO ESCAPE


In his final days atop General Electric Co., Jeffrey Immelt still can't throw off oil's stink... READ MORE

22nd July, 2017 112

FEDERAL REGULATORS LET GENERAL ELECTRIC QUASH SHAREHOLDER RESOLUTION ON HUDSON RIVER POLLUTION


The SEC blessed GE's move to kill a shareholder resolution about the Hudson River cleanup -- before shareholders could even vote on it... READ MORE

21st April, 2016 111

11 COMPANIES JUST LOST OBSCENE SUMS OF MONEY


The best example is General Electric, which has been aggressively restructuring itself to focus on core and profitable manufacturing businesses like power generation and transportation... READ MORE

26th February, 2016 98

GE PROFIT TOPS VIEWS AS COST CUTS DRIVE MARGINS; SHARES UP


GE profit tops views as cost cuts drive margins shares up... READ MORE

17th October, 2014 93

EXCLUSIVE: THREE BUYOUT FUNDS VYING FOR GE'S $7 BILLION FRENCH BANKING ARM - SOURCES


Conglomerate has sold businesses including its consumer credit business in Austria and Germany, GE Money Bank Nordics and floated its Swiss consumer lending business... READ MORE

31st October, 2015 73

IT'S COMPLICATED: SLOWDOWN FORCING FIRMS TO RE-THINK CHINA RELATIONSHIP


As Beijing tries to steer the economy away from the export and investment-led growth model that fueled China's rise, companies are having to re-evaluate their strategy... READ MORE

5th November, 2015 70

GE SET TO SELL EUROPE PRIVATE EQUITY UNIT TO SMBC FOR OVER $2 BILLION


GE Capital's Japanese commercial finance operations are part of this wider sale process, with one person familiar with the matter valuing them at around 5 billion... READ MORE

30th June, 2015 61


For 2014, Santana said, the unit is on track to reach GE's target set in December for profit and revenue growth of at least 10 percent... READ MORE

7th September, 2014 57

GE PROFIT RISES, HELPED BY POWER, AVIATION UNITS


Banks to return 14.8 billion euros of crisis loans to ecb... READ MORE

23rd January, 2015 54

GE SETS SEPTEMBER 4 DEADLINE FOR BIDS ON JAPAN LEASING UNIT


Several large Japanese financial institutions have expressed an interest in buying the operations, they said... READ MORE

27th July, 2015 49

GE DOUBLES DOWN ON RESTRUCTURING TO COMBAT SLOW GROWTH


GE also wants to increase industrial operating profit in 2016 by 3 percent to just above 19 billion, excluding the effects of the Alstom acquisition, Bornstein said... READ MORE

22nd January, 2016 47

GE NAMES BRAND EXECUTIVE BOFF AS CHIEF MARKETING OFFICER


General Electric Co GE.N on Tuesday named top brand executive Linda Boff as its chief marketing officer as the U.S... READ MORE

22nd September, 2015 44

JAPANESE BANKS AMONG BIDDERS FOR GE'S LOCAL FINANCE UNIT


Officials at Orix, Mitsubishi UFJ Financial Group and Sumitomo Mitsui Trust Holdings were not available for comment... READ MORE

4th September, 2015 36

KKR, APOLLO GLOBAL SEEK TO BUY GE'S INVENTORY FINANCE ARM


KKR Co KKR.N and Apollo Global Management APO.N are seeking to acquire General Electric Co's GE.N inventory finance arm Bloomberg reported on Friday... READ MORE

12th September, 2015 33


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