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Gen Electric News (NYSE:GE)

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02/12/201611:50AMBWGE Board of Directors Authorizes Regular Quarterly Dividend
The Board of Directors of GE (NYSE:GE) today declared a $0.23 per share dividend on the outstanding common stock of the Company payable April 25, 2016 to shareowners of record at the close of business on February 29, 2016. The ex-dividend date is February 25, 2016. About GE GE (NYSE:GE) is the world’s Digital Industrial... More...>>
02/10/20161:10PMDJNU.S. Judge Questions Regulators on MetLife Designation
WASHINGTON—A U.S. District Judge questioned government lawyers in a hearing on MetLife Inc.'s push to overturn its designation as a "systemically important financial institution"—a tag created by the 2010 Dodd-Frank law that comes with strict oversight. Judge Rosemary Collyer told Justice Department... More...>>
02/09/20162:10PMDJNMetLife Case Challenging SIFI Label Nears Hearing
A central part of the 2010 Dodd Frank financial law is about to get its own stress test. MetLife Inc. will try to persuade a federal judge Wednesday that it shouldn't be designated a "systemically important financial institution," in the first court hearing of a case with potential either to curtail or to... More...>>
02/09/20162:05PMDJNMetLife Case Challenging SIFI Designation Nears Hearing
By Ryan Tracy A central part of the 2010 Dodd Frank financial law is about to get its own stress test. MetLife Inc. will try to persuade a federal judge Wednesday that it shouldn't be designated a "systemically important financial institution, " in the first court hearing of a case with potential either... More...>>
02/09/201611:56AMDJNAirbus Completes Its A321neo First Flight
LONDON--Airbus Group SE (AIR.FR) on Tuesday flew a new version of its largest single-aisle plane for the first time. The maiden flight of the A321neo from Airbus's Hamburg production facility lasted 5 hours and 29 minutes, the European plane maker said. The company plans to deliver the first of the aircraft to airline... More...>>
02/09/20169:00AMBWDemand for Fast Power Heats Up in the Saudi Desert: Saudi Electricity Company Orders Six More GE Gas Turbines
SEC Orders Six Additional Quick Ramping, Dual-Fuel Aeroderivative Mobile Units From GE, Following Success of First Five Units Commissioned in 2015 TM2500+ Aeroderivative Mobile Units Provide Black-Start Capability to Deliver Approximately 180 MW of Fast Power Fast Power and Fast Delivery: New Units to Help SEC Meet Peak... More...>>
02/08/201611:20PMDJNViacom To Sell Snapchat Ads In Multiyear Deal
Investors have been fretting about Viacom Inc.'s cable TV fortunes and hoping the company will cook up new ways to profit in the digital economy. On Tuesday, as the media company reports quarterly results, it will have a new partnership to tout on that front. The shiny new object: a deal with Snapchat Inc., the popular... More...>>
02/08/20164:22PMDJNFrance Says It Could Increase Alstom Stake
By Nick Kostov PARIS--France said Monday an agreement with conglomerate Bouygues SA had gone into effect, giving the state voting rights equivalent to 20% of Alstom's share capital. The Bouygues pact was reached in 2014 when General Electric Co. struck a deal to acquire Alstom's energy assets for 12.4 billion... More...>>
02/08/20163:15PMDJNFrance Says It Could Increase Alstom Stake
By Nick Kostov PARIS--France said Monday it could increase its stake in French industrial group Alstom SA after an agreement with conglomerate Bouygues SA went into effect. Following the Bouygues pact, the government will have voting rights equivalent to 20% of Alstom's share capital and be represented by two administrators... More...>>
02/08/20166:05AMPRNUSDiamond Offshore and GE Oil & Gas Enter into Industry's First Performance-Based Subsea Blowout Preventer Service Agreement
Diamond Offshore and GE Oil & Gas Enter into Industry's First Performance-Based Subsea Blowout Preventer Service Agreement - First-of-its-kind service agreement is a new model for offshore drilling industry - Diamond Offshore's Pressure Control by the Hour™ model includes performance incentives to reduce downtime... More...>>
02/07/20168:30PMDJNAirbus Switches Engine Type for First A321neo Flight
Airbus Group SE will fly the largest version of its new single-aisle plane for the first time as early as this week, though using different engines than originally planned. The plane maker has dropped plans to use engines made by Pratt & Whitney, a unit of United Technologies Corp., for the maiden flight of the A321neo... More...>>
02/04/20167:01PMPRNUSTerritory Generation Selects Clarke Energy to Deliver GE's Gas Engines in Major Northern Territory Power Infrastructure Upgra...
Territory Generation Selects Clarke Energy to Deliver GE's Gas Engines in Major Northern Territory Power Infrastructure Upgrade PR Newswire ALICE SPRINGS, Australia, February 5, 2016 ALICE SPRINGS, Australia, February 5, 2016 /PRNewswire/ --   Clarke Energy to Provide a Turnkey Solution with 10 of GE's Jenbacher J624... More...>>
02/03/20165:30PMDJNBeijing Enterprises Expected to Buy German Waste-to-Energy Plants for $2 Billion
FRANKFURT—China's Beijing Enterprises Holdings Ltd. has emerged as the front-runner to acquire a German operator of waste-burning power plants from private-equity firm EQT for around €1.8 billion ($2 billion), according to people familiar with the matter. The potential deal would be the latest in a shopping... More...>>
02/02/201610:00PMBWGeneral Electric Company Announces Expiration of Any & All Cash Tender Offer for Certain Hybrid Securities & Final Results of...
General Electric Company (“GE” or the “Offeror”) today announced that its previously announced cash tender offers for any and all of the securities listed in the table below (collectively, the “Tender Offer”), pursuant to its offer to purchase dated January 26, 2016 (the “Offer to Purchase”), expired at... More...>>
02/02/201610:00AMBWGE Builds Momentum with Taylor Morrison Contract Extension
Scottsdale, Arizona-based homebuilder signs contract extension to furnish newly constructed homes with Monogram, Café and Profile brand appliances GE Appliances has agreed to a four-year contract extension with Taylor Morrison, a leading U.S. residential homebuilder and developer based in Scottsdale, Ariz., operating... More...>>
02/01/20168:00PMDJNYahoo Ex-Employee Files Lawsuit
A former Yahoo Inc. employee filed a lawsuit Monday saying that the Internet company used performance reviews to terminate workers without proper warning. In the complaint, filed with U.S. District Court in San Jose, Calif., Gregory Anderson, a onetime editorial director who worked on Yahoo auto and travel content, said... More...>>
02/01/20162:39PMBWAPI Healthcare ShiftSelect® Earns 2015/2016 Category Leader Ranking in the Latest Best in KLAS Report
Cloud-based staffing and scheduling solution earns top honors for second consecutive year Innovative software enables employees to meet the staffing needs of the hospital API Healthcare, a GE Healthcare Company, and a leader in workforce management technology and services, today announced the company’s cloud-based staffing... More...>>
02/01/20162:00PMDJNHudson Executive, Other Investors Call for CIT Group to Break Up
A new activist hedge fund started by two former J.P. Morgan Chase & Co. deal makers has taken a stake in CIT Group Inc. and wants the lender to break up, echoing a call that other investors have quietly made in recent months. Hudson Executive Capital LP, which Douglas Braunstein and James Woolery started last year... More...>>
02/01/20168:30AMBWGE Hitachi Successfully Completes First Pressurized Water Reactor Outage with Exelon Generation at Ginna Nuclear Power Plant
GEH and Exelon Generation Complete Outage in Record Time and Lowest Recorded Dose in the Station’s History GE Hitachi Nuclear Energy (GEH) today announced the successful completion of its first services outage at a Pressurized Water Reactor (PWR) facility. The outage, completed in partnership with Exelon Generation at... More...>>
01/29/20167:58PMDJNPension Trouble Ignites Debate in Connecticut
By Joseph De Avila General Electric Co.'s planned move to Boston and warnings from bond-ratings firms have injected new urgency into discussions about the best way to overhaul Connecticut's pension system. The state has funded 39% of its obligations to provide retirements for the state's 96,000 employees... More...>>


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