News for General Electric Company - Google Finance

GE Weighs Selling Off Large Parts of Finance Arm

Wed, 22 May 2013 18:57:54 GMT

GE Weighs Selling Off Large Parts of Finance Arm
Wall Street Journal - May 22, 2013

Chief Executive Jeff Immelt told a conference Wednesday that the company is examining a range of strategic options that could include an initial public offering of some parts of the business, GE Capital. And as a measure of his commitment, Mr. Immelt ...

GE Weighs IPO for Parts of Shrinking Finance Business - Bloomberg
Immelt Pushes Harder to Shrink GE Capital - TheStreet.com

Markets Show Weakness, but Bulls Continue to Buy

Sat, 25 May 2013 01:07:10 GMT

Markets Show Weakness, but Bulls Continue to Buy
Motley Fool - 12 hours ago

Shares of General Electric (NYSE: GE ) also lost value today, losing 0.55%. Similar to Caterpillar, which I wrote about earlier today, General Electric was expected to rise today on news that manufactured goods orders rose 3.3%, but it was likely just ...

Texas Power Plant Cut Costs and Reduces Water Treatment Needs with GE's ...

Sat, 25 May 2013 00:04:05 GMT

Texas Power Plant Cut Costs and Reduces Water Treatment Needs with GE's ...
Texas Water News - 13 hours ago

Tenaska Gateway Generating Station, a combined-cycle power plant in Texas, has reaped the benefits of GE's (NYSE: GE) advanced water treatment technology, saving the plant more than $3.2 million in operational expenses and significantly reducing its ...

GE Capital plans to pay $6.5 billion in dividends to GE

Mon, 20 May 2013 11:12:53 GMT

GE Capital plans to pay $6.5 billion in dividends to GE
Reuters - May 20, 2013

"This announcement is consistent with our goal to reduce the overall size of GE Capital and for it to return significant cash to GE," GE CEO Jeff Immelt said in a statement on Monday. The dividend payment includes a special dividend of $4.5 billion ...

GE Capital to Pay Parent $6.5 Billion Dividend - Wall Street Journal
GE Set to Receive $6.5 Billion in Dividends From GE Capital This Year - Motley Fool

GE donates WWI memorial to city

Fri, 24 May 2013 19:39:28 GMT

GE donates WWI memorial to city
Fort Wayne Journal Gazette - 18 hours ago

11, 1924, in honor of the 748 Fort Wayne Works General Electric Company employees who served in World War. The names of the six employees who “made the extreme sacrifice” and died serving their country are named at the top of the memorial.

General Electric Donates WWI Memorial - Inside INdiana Business (press release)

GE sees ceramics improving jet engine performance

Thu, 23 May 2013 23:11:29 GMT

GE sees ceramics improving jet engine performance
Ct Post - May 23, 2013

Scientists at General Electric Global Research have created a ceramics technology that the company said will improve jet engine fuel efficiency and make engines lighter, and now a GE facility in Delaware has the task of developing manufacturing methods ...

Wall Street Recovers From Early Losses

Thu, 23 May 2013 19:34:28 GMT

Wall Street Recovers From Early Losses
Motley Fool - May 23, 2013

Finally, General Electric (NYSE: GE ) was among the Dow's losers today, falling 0.7%. At a conference yesterday, CEO Jeffrey Immelt suggested that GE could spin off part of GE Capital in an effort to reduce the company's exposure to the financial ...

Delta delays purchase of new planes, GE engines

Thu, 23 May 2013 14:48:02 GMT

Delta delays purchase of new planes, GE engines
Business Courier of Cincinnati (blog) - May 23, 2013

Anderson said the air carrier would rather watch competitors fly the new 737 MAX, which contains an engine created by CFM International, a joint venture between General Electric and France's Safran, before it alters an order with Boeing. The move is ...

GE plans more cuts at GECC unit by end-2014

Wed, 22 May 2013 18:28:34 GMT

GE plans more cuts at GECC unit by end-2014
MarketWatch - May 22, 2013

General Electric Co. (NYSE:GE) on Wednesday unveiled new targets for pruning GE Capital that could see the big finance arm reduced by the end of 2014 to less than half its size in the run-up to the 2008 financial crisis.

Michael Moore: The Real IRS Scandal Is That 'They Let General Electric Not Pay ...

Sun, 19 May 2013 19:42:51 GMT

Michael Moore: The Real IRS Scandal Is That 'They Let General Electric Not Pay ...
Huffington Post - May 19, 2013

In an email to The Huffington Post on Sunday, GE spokesman Seth Martin wrote that the company paid $3.2 billion in cash income taxes worldwide, including in the U.S.