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Gen Electric News (NYSE:GE)

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04/28/20169:00AMBWCaradigm Names Neal Singh CEO
Former Caradigm Chief Technology Officer and Microsoft General Manager has 20+ Years of Software Leadership Caradigm®, the leader in enterprise population health, today announced the appointment of Neal Singh as CEO. He replaces Caradigm founder Michael Simpson, who has left to pursue other business opportunities after... More...>>
04/28/20164:40AMDJNElectrolux Shares Jump as Profit Beats Expectations
STOCKHOLM—Shares in Electrolux AB surged Thursday after the Swedish household-appliance maker posted a strong rise in first-quarter net profit, propelled by increasing demand in Europe and North America and beating expectations. Electrolux's quarterly net profit more than doubled to 875 million Swedish kronor... More...>>
04/27/201610:00AMDJNNext Up From Goldman: Checking Accounts?
Goldman Sachs Group Inc. is weighing additional banking services for its new online deposit-taking platform, including checking accounts and electronic-bill payments, people familiar with the matter said. Goldman launched its deposit website last week following the close of its acquisition of GE Capital's platform... More...>>
04/27/20168:00AMBWGE Reaches Milestone with 50,000 MW of Global Wind Installations
50,000 megawatts (MW) of installed capacity spread across more than 30,000 GE wind turbines in more than 35 different countries Recent acquisition of Alstom’s renewable energy unit expands GE’s wind footprint in Europe and Brazil Global GE wind installed base now provides enough energy to power the equivalent of approximately... More...>>
04/26/20162:30PMBWSky Global One Power Plant in Texas Opens, Featuring First of GE’s 60-Hertz J920 FleXtra Gas Engines in the US
The Sky Global Power One Power Plant Provides One Solution to Help Solve Texas’ Energy Challenges Due to Increasing Installed Base of Renewable Power in ERCOT Region, Plant Must Provide High Flexibility to Offset Volatility of Wind and Solar and Ensure Grid Stability Six-Unit Order Represents Largest North American Power... More...>>
04/26/20161:29AMDJNSafran Sales Rise 7.8%, Driven By Aircraft-Engine Business
By Robert Wall LONDON--Sales at French aerospace supplier Safran SA advanced 7.8% driven primarily by its aircraft-engine business. Safran, which makes commercial jet engines for Boeing Co. and Airbus Group SE airliners, said adjusted revenue was 4.2 billion euros ($4.7 billion) for three months ended March 31, compared... More...>>
04/25/20169:00AMPRNUSCurrent, powered by GE, Grows Intelligent Environments App Catalog, Unlocks Digital Outcomes in Three Cities
Current, powered by GE, Grows Intelligent Environments App Catalog, Unlocks Digital Outcomes in Three Cities - Nine ecosystem partners and six new microservices enable immediate value for both commercial and municipal users from intelligent infrastructure - Cities in the U.S. and China deploy Current's intelligent LEDs... More...>>
04/25/20167:00AMBWGE Closes Sale of Franchise Finance U.S. Hotel Business to Western Alliance
Progress Continues in Effort to Create Smaller, More Focused GE Capital Closings to date reach $148 billion; signings total $166 billion GE (NYSE:GE) has completed the previously announced sale of GE Capital’s Franchise Finance U.S. hotel business to Western Alliance Bank, a wholly owned subsidiary of Western Alliance... More...>>
04/25/20167:00AMBWGE Capital Australia Funding Pty. Ltd., GE Capital Canada Funding Company & GE Capital UK Funding Unlimited Company Announce ...
NOT FOR DISTRIBUTION IN OR INTO THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS), ANY STATE OF THE UNITED STATES OR THE DISTRICT OF COLUMBIA (the “United States”) OR IN OR INTO ANY OTHER JURISDICTION... More...>>
04/25/20167:00AMBWGE Capital Australia Funding Pty. Ltd. Announces Any and All Cash Tender Offer for Certain AUD--denominated Securities
NOT FOR DISTRIBUTION IN OR INTO THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS), ANY STATE OF THE UNITED STATES OR THE DISTRICT OF COLUMBIA (the “United States”) OR IN OR INTO ANY OTHER JURISDICTION... More...>>
04/25/20163:00AMBWGE Revolutionizes Equipment Operations with First Complete Asset Performance Management Solutions Suite
Predix platform enables realization of APM promise with comprehensive end-to-end insight into industrial scale data, improving asset uptime and performance results GE showcases Predix, APM and Brilliant Manufacturing solutions at Hannover Messe Efficiency Analyzer module, part of the Brilliant Manufacturing Suite, offers... More...>>
04/24/20169:10PMDJNSiemens to Showcase Its U.S. Presence During Obama Visit
MUNICH—Siemens AG Chief Executive Joe Kaeser aims to show President Barack Obama that Europe's largest industrial company is as integral to the U.S. manufacturing renaissance as American rival General Electric Co. The president arrived in Germany on Sunday to visit the world's largest industrial trade fair... More...>>
04/24/20168:37PMDJNCampaign's Populist Tone Rankles America's CEOs
By Nick Timiraos and Ted Mann Chief executives at big American companies are increasingly frustrated by the populist tone of the presidential campaign, and concerns are mounting in boardrooms and corner offices that antibusiness rhetoric may solidify even after the November election. Some business groups had looked to... More...>>
04/23/20163:03AMDJNGE Battles Energy Slump -- WSJ
Oil unit drags down earnings from core industrial business; Immelt hails 'diversity' By Ted Mann The global oil-market rout continued to weigh on General Electric Co., which posted a quarterly decline in operating income and orders for its core industrial businesses. GE reported a 6.1% gain in revenue for the... More...>>
04/22/20164:28PMDJNOil Gloom Hurts GE Results -- Update
By Ted Mann The global oil-market rout continued to weigh on General Electric Co., which posted a quarterly decline in operating income and orders for its core industrial businesses. GE reported a 6.1% gain in revenue for the first three months of 2016, but profit declines in units making locomotives, power turbines and... More...>>
04/22/20161:28PMDJNCorrection to FAA Engine-Icing Fixes Mandates Story
The FAA determined that mandating a faster compliance deadline could unduly disrupt operations of more than two dozen airlines. "FAA Mandates Engine-Icing Fixes That Could Affect Up to 150 Boeing 787 Jets" at 10:17 a.m., 11:17 a.m. and 11:59 a.m. ET, incorrectly stated 150 airlines could have their operations... More...>>
04/22/201612:29PMDJNFAA Mandates Engine-Icing Fixes That Could Affect Up to 150 Boeing 787 Jets -- 2ndUpdate
By Andy Pasztor General Electric Co. engines powering as many as 150 Boeing Co. 787 jets world-wide are susceptible to sudden in-flight shutdowns due to internal ice accumulation, prompting U.S. regulators to order swift fixes to eliminate the danger. A Federal Aviation Administration safety directive released this week... More...>>
04/22/201612:22PMDJNOil Gloom Hurts GE Results
By Ted Mann The global oil rout continued to weigh on General Electric Co., which posted a quarterly decline in operating income and orders for its core industrials business. GE reported growth in revenue and core earnings for the first three months of 2016, but declines in its units making locomotives, power turbines... More...>>
04/22/201611:47AMDJNFAA Mandates Engine-Icing Fixes That Could Affect Up to 150 Boeing 787 Jets -- Update
By Andy Pasztor General Electric Co. engines powering as many as 150 Boeing Co. 787 jets world-wide are susceptible to sudden in-flight shutdowns due to internal ice accumulation, prompting U.S. regulators to order swift fixes to eliminate the danger. A Federal Aviation Administration safety directive released this week... More...>>
04/22/201611:30AMBWGE Power Opens First Advanced Manufacturing Facility, a $400 Million Digital Industrial Investment for South Carolina
New Facility Will Deploy Best-in-Class Technologies to Accelerate Improvements in Every Aspect of the Manufacturing Process Including Design, Engineering, Product Development, Production, Supply Chain, Distribution and Service and Will Unlock New Productivity and Growth across GE’s Power Portfolio GE Has Invested $73... More...>>


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