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Gen Electric News (NYSE:GE)

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05/27/20164:40PMDJNCenterview Unit to Launch Blank-Check Company
Another big name Wall Street firm is expected to launch an acquisition vehicle that would give it a "blank check" to make deals. Centerview Capital Holdings LLC, the private-equity arm of mergers-and-acquisitions advisory firm Centerview Partners, is planning to launch a blank-check company that would buy consumer-products... More...>>
05/27/20162:20PMDJNConn. Approves $22 Million Package for World's Largest Hedge Fund
HARTFORD, Conn. —A Connecticut commission has approved a $22 million loan and grant package to help the world's largest hedge fund upgrade its offices. The Bond Commission approved the package by a 7-2 vote Friday. Republican legislative leaders have questioned why Bridgewater Associates should receive the funding... More...>>
05/27/20165:00AMDJNPhilips Lighting Shares Jump on Market Debut
AMSTERDAM—Shares of Philips Lighting NV jumped on their market debut Friday after parent company Royal Philips NV sold a 25% stake in the 125-year-old business. The stock traded more than 7% higher at €21.50 in Amsterdam, in what was one of the largest listings in Europe so far this year. Philips on Thursday... More...>>
05/26/201611:00AMDJNGoldman Sachs Dumps Employee-Ranking System
Goldman Sachs Group Inc. is shaking up performance reviews for the firm's roughly 36,500 workers. The Wall Street bank is eliminating numerical rankings in employee reviews starting next month, and this fall will experiment with an online system where employees can give and receive continuous feedback on their performance... More...>>
05/26/20166:30AMDJNGE to Supply Engines for South Korea's New Fighters
SEOUL—General Electric Co. has clinched a deal to supply engines for South Korea's next-generation fighter jets. The U.S. conglomerate beat Eurojet Turbo GmbH, a European engine maker, to provide the F414-GE-400 engines, South Korea's Defense Acquisition Program Administration said Thursday. A final contract... More...>>
05/26/20166:15AMDJNGE to Supply Engines for South Korea's New Fighter Jets
By In-Soo Nam SEOUL-- General Electric Co. has clinched a deal to supply engines for South Korea's next-generation fighter jets. The U.S. conglomerate beat Eurojet Turbo GmbH, a European engine maker, to provide the F414-GE-400 engines, South Korea's Defense Acquisition Program Administration said Thursday. A... More...>>
05/25/201610:15AMPRNUSTCS and GE Partner to Enable Healthcare Industry Transformation
TCS and GE Partner to Enable Healthcare Industry Transformation TCS' Business and Healthcare IT Expertise Offers New Solutions on GE Health Cloud for its Customers PR Newswire SANTA CLARA, Calif. and MUMBAI, India, May 25, 2016 SANTA CLARA, Calif. and MUMBAI, India, May 25, 2016 /PRNewswire/ -- Tata Consultancy Services... More...>>
05/24/201611:40PMDJNWesfarmers to Take Big Impairment Hit
SYDNEY—Wesfarmers Ltd. laid bare the potential pitfalls of owning assets as diverse as department stores and coal mines on Wednesday, saying it would take impairment charges of up to 2.3 billion Australian dollars (US$1.7 billion) after a slump in demand for key products. The biggest write-down of up to A$1.3 billion... More...>>
05/24/20169:30AMBWGE Renewable Energy Introduces New Suite of Digital Wind Farm Apps
Five software applications built to enhance annual energy production and improve wind farm profitability Industrial wind apps include Energy Forecasting for business strategy optimization, Wind PowerUp* Services and Digital Plan of the Day to streamline site operations, and Diagnostics & Prognostics for turbine-level... More...>>
05/24/20163:03AMDJNGE Sets $1 Billion in Saudi Projects -- WSJ
By Nicolas Parasie DUBAI -- General Electric Co. on Monday announced a raft of investments worth at least $1.4 billion in Saudi Arabia as the Persian Gulf kingdom seeks to reduce its oil dependence by further opening up its economy to international businesses. The U.S. conglomerate said it plans to double its workforce... More...>>
05/23/20168:50AMDJNGE to Invest $1.4 Billion in Saudi Arabia
DUBAI—General Electric Co. on Monday announced a raft of investments worth at least $1.4 billion in Saudi Arabia as the Persian Gulf kingdom seeks to reduce its oil dependence by further opening up its economy to international businesses. The Connecticut-based conglomerate said it was teaming up with two partners... More...>>
05/23/20168:41AMDJNGE to Invest $1.4 Billion in Saudi Arabia
By Nicolas Parasie DUBAI-- General Electric Co. on Monday announced a raft of investments worth at least $1.4 billion in Saudi Arabia as the Persian Gulf kingdom seeks to reduce its oil dependence by further opening up its economy to international businesses. The Connecticut-based conglomerate said it was teaming up with... More...>>
05/23/20168:19AMDJNGE to Invest $1.4 Billion in Saudi Arabia
By Nicolas Parasie DUBAI-- General Electric Co. on Monday announced a raft of investments worth at least $1.4 billion in Saudi Arabia as the Persian Gulf kingdom seeks to reduce its oil dependence by further opening up its economy to international businesses. The Connecticut-based conglomerate said it was teaming up with... More...>>
05/20/20168:05AMPRNUSHow Investors Feel About the Diversified Machinery Industry? - General Electric, Honeywell Intl., Eaton and Danaher
How Investors Feel About the Diversified Machinery Industry? - General Electric, Honeywell Intl., Eaton and Danaher PR Newswire NEW YORK, May 20, 2016 NEW YORK, May 20, 2016 /PRNewswire/ -- At ActiveWallSt.com today, we direct our focus on four equities in the Diversified Machinery space: General Electric Co. (NYSE: GE... More...>>
05/19/201610:00AMBWGE Healthcare and Accenture Target $2 Billion in Lost Revenue Among U.S. Healthcare Providers
GE Healthcare (NYSE: GE) and Accenture (NYSE: ACN) today introduced a new offering to help improve medical claims processing and related cash flow for healthcare providers. The alliance, targeting medical claims management, one of the largest areas of lost revenue in the U.S. healthcare system, was announced at GE Healthcare’s... More...>>
05/18/20164:10PMDJNGE's Jeff Immelt Sees Improving Growth in Second Half of 2016
General Electric Co. Chief Executive Jeff Immelt said he is optimistic about the second half of the year, even as the company struggles with weak oil prices and sluggish economic growth. Fueling that point of view, Mr. Immelt said, are stronger orders for power turbines, an improving markets for renewable-energy products... More...>>
05/18/20162:16PMPRNUSEY and GE Digital form alliance in Industrial Internet of Things
EY and GE Digital form alliance in Industrial Internet of Things PR Newswire LONDON and SAN RAMON, California, May 18, 2016 LONDON and SAN RAMON, California, May 18, 2016 /PRNewswire/ -- EY and GE Digital (NYSE: GE) announce a new strategic alliance to develop and provide Industrial Internet of Things (IIoT) services... More...>>
05/18/20162:00PMPRNUSEY and GE Digital form alliance in Industrial Internet of Things
EY and GE Digital form alliance in Industrial Internet of Things PR Newswire LONDON and SAN RAMON, Calif., May 18, 2016 LONDON and SAN RAMON, Calif., May 18, 2016 /PRNewswire/ -- EY and GE Digital (NYSE: GE) announce a new strategic alliance to develop and provide Industrial Internet of Things (IIoT) services to help... More...>>
05/18/201610:30AMBWGE Puts Their Jets Where the Dirt Is: Over 140 Dishwasher Jets Ensure Thorough Cleaning
New GE Profile™ and Café™ dishwashers feature over 40 deep clean silverware jets for table-ready silverware When dirty, sticky utensils are placed in the dishwasher, it’s expected that they’ll come out spotless. However, that’s not always the case, which is why GE Appliances is introducing new dishwashers with... More...>>
05/18/20164:00AMDJNChina's Midea Group Announces Bid for Germany's Kuka
HONG KONG—China's home-appliance maker Midea Group announced Wednesday it plans to launch a takeover of Germany's Kuka AG, in a deal that values the industrial robot maker at more than $5 billion, making it one of the largest unsolicited approaches of a foreign company by a Chinese buyer. Midea Group is... More...>>
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