31/08/2015 00:49:15 Free Membership Login

Gen Electric News (NYSE:GE)

DateTimeSource
Headline
08/27/20156:00PMDJNSplunk Raises Guidance as Sales Jump 46%
Big-data software company Splunk Inc. on Thursday gave an upbeat guidance for the current quarter and raised its revenue forecast for the year, as revenue jumped 46% in the July quarter. Shares jumped 4.2% in recent after-hours trading. For the current quarter, the company expects revenue between $158 million and $160... More...>>
08/25/201510:00AMBWTemple University Health System and GE Healthcare Sign Innovative Value-Based Radiology Services Collaboration Agreement
Seven-year collaboration targets $39 million in operational savings enabled by new technology and industry best practices Academic medical centers across the U.S. are experiencing increasing pressure to enhance value – deliver higher quality at lower cost – as they continue to face challenges related to outcomes, cost... More...>>
08/25/20159:45AMDJNU.S. Hot Stocks: Hot Stocks to Watch
Among the companies with shares expected to trade actively in Tuesday's session are Best Buy Co. (BBY), Accorda Therapeutics Inc. (ACOR), and BHP Billiton Ltd. (BHP). Best Buy on Tuesday reported a better-than-expected 12% profit increase in its second quarter, as strong sales of large-screen TVs, appliances and phones... More...>>
08/25/20158:00AMBWOutdoor Products Industry Having Strong Year, Says Commercial Distribution Finance
The outdoor products industry, which includes lawn, garden and agriculture equipment, is experiencing healthy growth, according to dealer performance data from Commercial Distribution Finance (CDF), a business of GE Capital. CDF dealer financing volume is up over 12% through June, indicating dealers are ordering more product... More...>>
08/24/201510:00PMDJNBoeing to Lay Off Hundreds of Workers at Satellite Business
Boeing Co. said Monday it had started issuing notices for what could be hundreds of layoffs at its satellite business, a move it blamed partly on the stalled reauthorization of the U.S. Export-Import Bank, which supports many of its sales. The aerospace giant expects to lay off "several hundred" workers over... More...>>
08/24/20156:20PMDJNGE Cuts Jobs, Closes Foundry at Lufkin Unit
General Electric Co. plans to close a historic foundry and eliminate more than 250 jobs at its unit in Lufkin, Texas, as the company deals with a drop-off in demand for drilling equipment in the wake of plunging oil prices. GE told local officials on Monday that the company will close one foundry in the city and cut jobs... More...>>
08/24/20156:02PMDJNGE Cuts Jobs, Closes Foundry at Lufkin Unit
By Ted Mann General Electric Co. plans to close a historic foundry and eliminate more than 250 jobs at its unit in Lufkin, Texas, as the company deals with a drop-off in demand for drilling equipment in the wake of plunging oil prices. GE told local officials on Monday that the company will close one foundry in the city... More...>>
08/24/201510:10AMDJNRainDance Withdraws IPO, Citing Market Conditions
Genomics-reseach tool maker RainDance Technologies Inc. on Monday withdrew its initial public offering, citing market conditions. The Massachusetts company is the latest to withdraw IPO plans this month, amid sharp selloffs in global equities spurred by concerns over Chinese growth. Others to recently drop plans to go... More...>>
08/21/20155:00PMBWGE Completes Sale of U.S. Sponsor Finance Business to Canada Pension Plan Investment Board
GE (NYSE:GE) announced today that it has completed the previously announced sale of its U.S. Sponsor Finance business and a bank loan portfolio, representing aggregate ending net investment (ENI) of approximately $10 billion, to Canada Pension Plan Investment Board (CPPIB) in a transaction valued at more than $11 billion... More...>>
08/20/20156:00PMDJNBoeing, Supplier Wrestle to Produce Key Component
Boeing Co. and a key supplier are wrestling to produce a crucial, innovative component for the updated version of its workhorse 737 jet, amid concerns that a shortage could derail ambitious plans to boost production. Difficulties consistently manufacturing part of the engine thrust reverser that slows jets on landing have... More...>>
08/20/20158:00AMBWGE Signs Its Largest Battery Energy Storage Deal to Date
GE to Build 30-Megawatt (MW) Battery Energy Storage System for the Imperial Irrigation District in Southern California Marks GE’s Third Lithium Ion Storage Project Announced in Recent Months, Totaling a Combined 39 MW of Capacity Continuing its mission to deliver comprehensive energy storage solutions, GE (NYSE:GE) today... More...>>
08/19/20158:00AMBWCommercial Distribution Finance to Provide Growth Financing for Bush Hog’s Dealer Network
Commercial Distribution Finance (CDF), a business of GE Capital, announced today that it has been selected by Bush Hog, Inc., a leading North American manufacturer of rotary cutters, to provide financing solutions to its U.S. dealer network. CDF will provide Bush Hog dealers with a supplemental inventory financing program... More...>>
08/18/20159:30AMBWGE Announces Largest Laundry Launch in 20 Years
GE Appliances unveils $100-plus million washer investment at Louisville, Ky. laundry plant GE (NYSE:GE) announced today an investment of $100-plus million in a new topload washer design and expanded manufacturing capability at its laundry plant in Louisville. This marks the largest laundry launch for GE in 20 years and... More...>>
08/18/20158:00AMBWCommercial Distribution Finance Extends Dealer Financing Agreement with Wright Manufacturing, Inc.
Commercial Distribution Finance (CDF), a business of GE Capital, announced today that it has extended its inventory financing agreement with Wright Manufacturing, Inc., a producer of commercial lawn mowers. The financing will be used for its network of dealers and distributors to stock its products. Founded in 1981, Wright... More...>>
08/17/20158:00AMBWGE Healthcare First to Receive FDA Clearance for Low Dose CT Lung Cancer Screening
Lung cancer is the leading cause of cancer-related deaths in the United States Early detection with low dose CT can improve prognosis and treatment and reduce mortality rates for patients with a high risk of lung cancer GE Healthcare is proud to be the first company with a low dose computed tomography (CT) lung cancer... More...>>
08/14/20152:07PMDJNGE Expected to Win EU Approval to Buy Alstom's Power Business -Reuters
General Electric Co. (GE) is expected to win approval from European regulators to buy Alstom SA's power business, Reuters reported Friday on its website, citing two people familiar with the matter. European Union regulators are "likely" to approve the $13.8 billion deal, one person told Reuters. Full story at: www.reuters.com/article/2015/08/14/us-alstom-m-a-general-electric-eu-exclus-idUSKCN0QJ1T420150814... More...>>
08/13/20155:40PMDJNGoldman to Buy Assets from GE Capital bank
General Electric Co. has agreed to sell GE Capital Bank's online deposit platform and about $16 billion in deposits to Goldman Sachs Bank USA. The amount includes about $8 billion in online deposit accounts and $8 billion in brokered certificates of deposit. The transaction "advances GE Capital's new strategic direction... More...>>
08/13/20155:38PMDJNGeneral Electric Sells GE Capital Bank's Online Platform to Goldman Sachs -- Update
By Angela Chen General Electric Co. has agreed to sell GE Capital Bank's online deposit platform and about $16 billion in deposits to Goldman Sachs Bank USA. The amount includes about $8 billion in online deposit accounts and $8 billion in brokered certificates of deposit. The transaction "advances GE Capital's new strategic... More...>>
08/13/20155:29PMDJNGeneral Electric Sells GE Capital Bank's Online Platform to Goldman Sachs
By Angela Chen General Electric Co. has agreed to sell GE Capital Bank's online deposit platform and about $16 billion in deposits to Goldman Sachs Bank USA. The amount includes about $8 billion in online deposit accounts and $8 billion in brokered certificates of deposit. The transaction "advances GE Capital's new strategic... More...>>
08/13/20154:15PMBWGE to Sell U.S. Online Deposit Platform to Goldman Sachs Bank USA
Key Step for GE Capital to Exit the U.S. Banking System and Become Less Systemically Important GE (NYSE:GE) announced today an agreement to sell GE Capital Bank’s U.S. online deposit platform along with all deposits of GE Capital Bank, including online savings accounts, online CDs and brokered CDs, to Goldman Sachs Bank... More...>>


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