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

GE sees ceramics improving jet engine performance

Thu, 23 May 2013 23:11:29 GMT

GE sees ceramics improving jet engine performance
Ct Post - 16 hours ago

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 - 19 hours ago

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 ...

Rollercoaster Ride on Wall Street Continues

Thu, 23 May 2013 17:06:40 GMT

Rollercoaster Ride on Wall Street Continues
Motley Fool - 22 hours ago

Shares of General Electric (NYSE: GE ) are down 0.9% after the company announced yesterday that it is considering spinning off GE Capital. As part of the company's plan to reduce it size, it would take GE Capital to the capital markets and offer it up ...

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.

GE Capital to Pay Parent $6.5 Billion Dividend

Mon, 20 May 2013 13:28:50 GMT

GE Capital to Pay Parent $6.5 Billion Dividend
Wall Street Journal - May 20, 2013

General Electric Co. said GE Capital Corp.'s board approved a $6.5 billion dividend payment to the conglomerate.

GE Set to Receive $6.5 Billion in Dividends From GE Capital This Year - Motley Fool
GE finance arm to pay $6.5bn dividend to parent - Financial Times

Midday Movers: GE, OpenTable, Catamaran & More

Wed, 22 May 2013 17:27:08 GMT

Midday Movers: GE, OpenTable, Catamaran & More
CNBC.com - May 22, 2013

Stocks were boosted by Fed Chairman Ben Bernanke's Congressional testimony about the economy and monetary policy, but came off highs as he discussed when the Fed might start paring back on its bond buying program.

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.

GE Global Research Wins Manufacturing Leadership 100 Award for ...

Thu, 23 May 2013 10:29:07 GMT

GE Global Research Wins Manufacturing Leadership 100 Award for ...
Business Wire (press release) - May 23, 2013

NISKAYUNA, N.Y.--(BUSINESS WIRE)--GE Global Research, the technology development arm of the General Electric Co. (NYSE: GE) today announced that it has won a prestigious Manufacturing Leadership 100 award in recognition of its work to build a ...

This Metric Says You Are Smart to Sell General Electric Company (GE)

Thu, 23 May 2013 16:55:18 GMT

This Metric Says You Are Smart to Sell General Electric Company (GE)
Insider Monkey (blog) - 22 hours ago

Is General Electric Company (NYSE:GE) a buy here? Prominent investors are selling. The number of bullish hedge fund positions retreated by 6 in recent months.