Business and financial news for : GENERAL ELECTRIC |
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GE's finance arm launches $10 billion FDIC-backed debt -
reuters-com
- 15 hours ago
NEW YORK (Reuters) - General Electric Co's finance arm on Monday launched a $10 billion sale of FDIC-backed debt, the largest sale under the government guarantee program since its inception last November.
General Electric
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S&P lowers GE Capital outlook to negative, affirms GE rating -
marketwatch-com
- 19 days ago
SAN FRANCISCO (MarketWatch) -- Standard & Poor's said Thursday that it lowered the rating outlook on GE Capital Corp., the financial arm of General Electric Co. , to negative from stable because of its reliance on confidence-sensitive ...
General Electric
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NAB in talks to buy GE's Australian mortgage unit -
reuters-com
- 20 days ago
SYDNEY (Reuters) - National Australia Bank Ltd was in advanced talks to buy General Electric Co's Australian mortgage distribution network, as traditional banks move in to benefit from opportunities created by the global credit ...
General Electric
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GE gets $128 million Navy contract add -
ibtimes-com
- 22 days ago
The Navy said Monday that it has given General Electric Co. a $128 million contract modification for engine parts and equipment for fighter jets. The contract includes 32 engines and other parts for variants of the F-18 fighter ...
General Electric
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Analyst cuts GE outlook on GE Capital shrink -
ibtimes-com
- 32 days ago
A Citi analyst lowered his earnings outlook for General Electric Co. Friday due to the industrial conglomerate's planned downsizing of of its ailing finance division.
General Electric
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NBC Universal cuts 500 jobs, about 3 pct of staff -
ibtimes-com
- 32 days ago
General Electric Co.'s media and theme park subsidiary, NBC Universal, this week laid off about 500 employees--about 3 percent of its work force of 15,000--as part of a plan to trim $500 million next year, a person ...
General Electric - Universal
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GE sees 'tough 2009' with restructuring plan -
washingtontimes-com
- 34 days ago
General Electric Co. said Tuesday it expects fourth-quarter earnings to be near the low end of its guidance and will take a charge of up to $1.4 billion as it starts to shrink its struggling GE Capital finance arm next year because ...
General Electric
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U.S. Stocks rose -
fxstreet-com
- 34 days ago
Oil at three year low Australia economic growth slows Citigroup “core” Japan units not for sale Today’s main events: EUR: Retail Sales USD: ADP Employment Change USD: FED’s Beige Book NZD: Interest ...
Citigroup - General Electric
ADP Employment - Retail Sales
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Before the Bell: General Electric, Sears and Staples in spotlight -
marketwatch-com
- 35 days ago
U.S. stock futures pointed to a stronger start on Tuesday, but fell below session highs after a profit warning from General Electric. Automakers are due to report monthly sales as well as present business plans to Congress.
General Electric - Sears - Staples
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GE seeks to calm investor fears -
ft-com
- 35 days ago
General Electric aims to shore up confidence in its financial arm on Tuesday during a conference call with investors, some of whom fear the forum might also be used to temper expectations for next year's earnings
General Electric
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GE Energy signs deal with Algerian co. -
ibtimes-com
- 42 days ago
GE Energy, a unit of General Electric Co., said Tuesday it has signed agreements with Algeria's state-owned power company intended to improve efficiency and output of 51 gas turbines in 13 power plants in that nation.
General Electric
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General Electric: Circuit failure? -
ft-com
- 47 days ago
Missed earnings targets at General Electric, the conglomerate led by Jeffrey Immelt, have shaken confidence in a business model designed to withstand downturns
General Electric
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GE says finance arm changes to save $2 billion in '09 -
reuters-com
- 49 days ago
BOSTON (Reuters) - General Electric Co said on Tuesday it was reorganizing its finance arm, GE Capital, with an eye toward saving $2 billion next year.
General Electric
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GE recalls about 244,000 wall ovens on fire hazard -
marketwatch-com
- 49 days ago
SAN FRANCISCO (MarketWatch) -- General Electric is recalling about 244,000 wall ovens due to fire and burn hazards, the U.S. Consumer Product Safety Commission said Tuesday. The extreme heat used in the self-clean cycle can escape ...
Aware - General Electric
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GE says gets FDIC backing for $139 billion in debt -
reuters-com
- 54 days ago
BOSTON (Reuters) - General Electric Co has secured the temporary backing of the Federal Deposit Insurance Corp for up to $139 billion of the debt of its finance arm, a spokesman said on Wednesday.
General Electric
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GE set to buy five Chinese-made regional jets -
marketwatch-com
- 63 days ago
General Electric Co. is set to buy five Chinese-made regional jets, marking the first overseas orders for the aircraft and providing a major boost for the manufacturer.
General Electric
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Can the Fed Bring Good Things to Light? -
foxbusiness-com
- 66 days ago
With shares down 59% this year and profits plunging, General Electric, a bellwether stock for the US economy, became one of the first companies to test the Federal Reserve's commercial paper facility, with American Express|American ...
American Express - General Electric
Federal Reserve
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China's Haier plays waiting game for GE unit -
reuters-com
- 76 days ago
SHANGHAI (Reuters) - Haier, China's largest home appliance maker, plans not to bid for General Electric Co's appliances unit until it sees clear signs of a U.S. market recovery, said people with direct knowledge of the matter.
General Electric
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GM eyes injections as Chrysler deal alternative: report -
marketwatch-com
- 76 days ago
LONDON (MarketWatch) -- General Motors is looking for a sizeable capital injection from outside investors as a possible alternative to a deal with Chrysler, the Financial Times reported. They said an investment would be along the ...
General Electric - General Motors - Goldman Sachs
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Universal Studios in talks to sell unit: report -
reuters-com
- 77 days ago
(Reuters) - General Electric Co's Universal Studios is in advanced talks to sell one of its two specialty film labels to Relativity Media, the New York Times said.
General Electric - New York Times - Universal
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GE private equity arm holding off on new China buys -
reuters-com
- 82 days ago
BEIJING (Reuters) - A private equity unit of General Electric said on Thursday that it would focus on its existing investment portfolio in China rather than investing in new projects over the next 2-3 years amid poor market conditions.
General Electric
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GE shares decline for 2nd consecutive day -
ibtimes-com
- 84 days ago
Shares of General Electric Co. declined Tuesday for the second consecutive day as the Dow Jones industrial average continued to advance. An analyst on Monday reduced his earnings estimate, saying the conglomerate's profits are ...
Barclays - General Electric
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Snider, Spielberg sign film distribution deal with Universal -
marketwatch-com
- 85 days ago
SAN FRANCISCO (MarketWatch) -- Stacey Snider and Steven Spielberg of DreamWorks SKG announced they have signed a 7-year distribution deal between their new movie company and General Electric Co.'s Universal Pictures. ...
General Electric - Universal
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GE's Energy Sector Brings in $1.4 Billion Profit Despite Overall Earnings ... -
marketwire-com
- 85 days ago
SUGAR LAND, TX--(Marketwire - October 13, 2008) - Researched by Industrial Info Resources(Sugar Land, Texas) -- On October 10, General Electric Company (NYSE:GE)(Fairfield, Connecticut) reported its profits for the third quarter ...
General Electric
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GE 3Q profit off 22 pct, but meets lower forecast -
washingtontimes-com
- 88 days ago
General Electric Co. spared investors any nasty surprises as it reported a 22 percent drop in third-quarter earnings on Friday, meeting its own lowered forecast and blaming the decline on its struggling finance arm. The company's ...
General Electric
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Before the Bell: General Electric, Wachovia, Infosys and more in spotlight -
marketwatch-com
- 88 days ago
U.S. stock futures pointed to another sharp day of losses Friday as the frozen credit markets and lack of faith in the financial system continue to hammer stocks around the globe. See indications for full pre-open coverage.
General Electric - Wachovia
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GE profit falls 22 pct, hurt by capital finance -
ibtimes-com
- 88 days ago
General Electric Co., which makes everything from jet engines to water treatment systems and owns NBC Universal, says its third quarter profit fell 22 percent, hurt by its financing business.
General Electric - Universal
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Stocks to Watch: Stocks in focus for Friday -
marketwatch-com
- 88 days ago
Among the companies whose shares are expected to see active trade in Friday#x2019;s session are General Electric Co., Host Hotels & Resorts Inc., and Infosys Technologies Ltd.
General Electric - Host Hotels & Resorts
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Spotlight on General Electric -
cnnmoney-com
- 89 days ago
On Friday, investors will be focused on the market bellwether when it reveals earnings slammed by the economic crisis.
General Electric
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GE shares recover after plunging to 11-year low -
ibtimes-com
- 91 days ago
Shares of General Electric Co. staged a recovery Tuesday after plunging to their lowest price in more than 11 years. The industrial and commercial conglomerate's stock price advanced 59 cents, or 2.8 percent, to $21.97 in midday ...
General Electric
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Worrying New Disclosures From GE -
foxbusiness-com
- 92 days ago
Last Wednesday, the same day General Electric (GE) announced that Warren Buffett's Berkshire Hathaway planned to invest $3 bn in the conglomerate and that it planned a new $12 bn stock offering, GE shot a little noticed filing ...
General Electric
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The Rosen Law Firm Files Securities Class Action Charging General Electric -
marketwire-com
- 94 days ago
NEW YORK, NY--(Marketwire - October 3, 2008) - The Rosen Law Firm today announced that ithas filed a class action lawsuit on behalf of all purchasers of GeneralElectric Company ("GE" or the "Company") (NYSE: GE) common stock and calloption during the ...
General Electric
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Alcoa and General Electric Will Take A Back Seat To The Credit Crisis ... -
midnighttrader-com
- 95 days ago
Earnings will likely take a back seat this week as the credit crisis continues to dominate the markets. However, with heavy-hitters such as Alcoa Inc. (AA), General Electric Co. (GE) and Costco Wholesale ...
Alcoa - Costco Wholesale - General Electric
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GE prices $12B share offering at discount; shares tumble -
usatoday-com
- 96 days ago
Shares of General Electric skidded 9% Thursday as the industrial and commercial conglomerate announced a share offering that ...
General Electric
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As more firms struggle to borrow, support for bailout spreads -
marketwatch-com
- 96 days ago
Cries of support for the government#x2019;s $700 billion bailout plan are spreading beyond Wall Street and Washington as companies from General Electric to Weyerhaeuser Co. warn of dire consequences ...
General Electric - Weyerhaeuser
Bailout Plan
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General Electric shares drop 9% on GE Capital concerns -
marketwatch-com
- 97 days ago
SAN FRANCISCO (MarketWatch) -- General Electric Co. shares fell 9% in midmorning trading Wednesday as Deutsche Bank lowered its expectations on the industrial conglomerate. Deutsche Bank ...
Deutsche Bank - General Electric
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GE shares tumble on concerns about 2009 earnings -
reuters-com
- 97 days ago
BOSTON (Reuters) - Shares of General Electric Co fell 8 percent on Wednesday after a stock analyst said the U.S. conglomerate may be set for a drop in profit next year.
General Electric
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Iraq signs bln-dollar power deals with GE, Siemens -
reuters-com
- 101 days ago
DUBAI (Reuters) - Iraq has signed preliminary deals worth billions of dollars with General Electric Co and Siemens for equipment to almost double electricity generation capacity, an energy official said on Saturday.
General Electric
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GE cuts forecast, citing wounded financing unit -
washingtontimes-com
- 103 days ago
General Electric Co., the industrial powerhouse that makes everything from jet engines to light bulbs, cut its earnings forecast for the year on Thursday, blaming volatile financial markets that have damaged the profitability of ...
General Electric
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U.S. stocks up at the start as hopes for bank bailout rise -
marketwatch-com
- 103 days ago
NEW YORK (MarketWatch) - U.S. stocks on Thursday began higher, with hopes for the Bush administration's proposed $700 billion rescue of the financial sector and Nike Inc.'s profit overtaking downbeat economic data and General Electric|General ...
General Electric - Nike
SP 500
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Jack Welch says U.S. faces ''deep downturn'' -
reuters-com
- 104 days ago
NEW YORK (Reuters) - Former General Electric Co Chairman and CEO Jack Welch said the U.S. economy faces a deep downturn in coming quarters, and he supports a proposed $700 billion government rescue package for the financial sector. ...
General Electric
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Credit crisis concerns once again pound GE shares -
reuters-com
- 105 days ago
BOSTON (Reuters) - General Electric Co shares fell about 4 percent on Tuesday after a stock analyst at Goldman Sachs cut his growth forecast for the conglomerate and investors worried about the prospects for ...
General Electric - Goldman Sachs
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General Electric cut to neutral by Merrill Lynch -
marketwatch-com
- 105 days ago
LONDON (MarketWatch) -- General Electric was downgraded to neutral from buy and its price target slashed to $28 from $37.50 by Merrill Lynch, with the broker cutting its earnings estimate for GE Capital. It ...
General Electric - Merrill Lynch
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GE challenges EMD locomotive dominance -
ft-com
- 106 days ago
The company that has dominated key segments of the European diesel locomotive market is set to face increasing competition with the unveiling this week of a rival product made by General Electric
General Electric
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SEC Adds Firms to Short-Sale Ban, Tweaks Rules -
foxbusiness-com
- 106 days ago
The SEC added firms such as American Express and General Electric to its list of stocks that can't be shorted through Oct. 2
American Express - General Electric
Securities and Exchange Commission
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GE, GM, AmEx on amended short-sale ban list -
marketwatch-com
- 106 days ago
LONDON (MarketWatch) -- General Electric , General Motors and American Express are among the 30 new firms added to the temporary short-sale ban list, according to information on the New ...
American Express - General Electric - General Motors
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Amex, GE and others may seek to be on short-seller ban list -
marketwatch-com
- 109 days ago
NEW YORK (MarketWatch) -- Companies in the financial-services sector that were left off a government list banning short sellers from trading certain stock may be seeking inclusion. General Electric Co. , American Express|American ...
American Express - Cit Group - General Electric
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U.S. stock futures rally on possible short-sale ban -
marketwatch-com
- 109 days ago
LONDON (MarketWatch) -- U.S. stock futures surged on Friday, building on Thursday's rally on the potential for the Securities and Exchange Commission to put a temporary ban on short selling. The Wall Street Journal said, like similar rules enacted in ...
General Electric - Goldman Sachs
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GE CDS spreads show irrational liquidity fears: analyst -
reuters-com
- 110 days ago
(Reuters) - The cost of insuring the debt of General Electric Capital Corp, the finance arm of General Electric Co , has widened to unprecedented levels indicating heightened liquidity fears, but these fears ...
Deutsche Bank - General Electric
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Google, GE to jointly lobby for alternative energy -
marketwatch-com
- 111 days ago
Google and General Electric are launching a joint lobbying effort in Washington to promote alternative-energy technologies.
General Electric - Google
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GE's Immelt: U.S. was right to prop up financial sector -
marketwatch-com
- 111 days ago
NEW YORK (MarketWatch) -- General Electric Co. Chief Executive Jeff Immelt said Wednesday he thinks the U.S. made the right decision in propping up the credit-choked financial sector. "Clearly people need to be concerned [about ...
General Electric
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GE shares tumble amid financial worries -
reuters-com
- 111 days ago
DETROIT (Reuters) - General Electric Co shares tumbled nearly 10 percent on Wednesday as investors became panicky about how its massive financial arm was faring in the wake of the troubles at top Financial Institutions|financial ...
Financial Institutions - General Electric
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GE shares strike s 5-year low amid credit crisis -
marketwatch-com
- 112 days ago
NEW YORK (MarketWatch) -- Shares of General Electric Co. hit a five-year low on Tuesday after plunging nearly 10% in early trading to bottom at $22.16. The Fairfield, Conn., manufacturer and financial giant is getting hurt by both ...
General Electric
Bankruptcy
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GE tumbles on financial worry -
reuters-com
- 113 days ago
DETROIT (Reuters) - General Electric Co shares tumbled for a second straight trading day on Monday to a five-year low as investors scrambled to reduce their exposure to the financial sector following the bankruptcy ...
General Electric - Lehman Brothers
Bankruptcy
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Landmark closes sale of Weather Channel -
ibtimes-com
- 116 days ago
Landmark Communications Inc. said Friday it closed its $3.5 billion sale of The Weather Channel to NBC Universal and two private equity firms. NBC Universal, a unit of General Electric Co., was joined ...
Blackstone Group - General Electric - Universal
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NBC has already sold about 75% of Super Bowl ad time: report -
marketwatch-com
- 117 days ago
SAN FRANCISCO (MarketWatch) -- NBC, a unit of General Electric Co. , has already sold about 75% of its advertising time slots for Super Bowl Sunday, The Wall Street Journal reported on its Web site Thursday, citing media buyers ...
General Electric
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Google to broker ads for cable TV channels: report -
marketwatch-com
- 119 days ago
SAN FRANCISCO (MarketWatch) -- Google Inc. will expand the reach of its television advertising service by brokering some ads on cable networks owned by General Electric Co.'s NBC Universal, according ...
General Electric - Google - Universal
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GE gets SEC 'Wells notice' over possible violations -
marketwatch-com
- 123 days ago
SAN FRANCISCO (MarketWatch) -- General Electric Co. said it may be facing a civil action from the Securities and Exchange Commission over how it accounted for derivatives in several of its segments, the company said in an Securities ...
General Electric
Securities and Exchange Commission
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Assurant signs warranty accord with GE unit -
ibtimes-com
- 123 days ago
Specialty insurer Assurant Inc. announced Thursday that it has reached an agreement to acquire the warranty management business of General Electric Co.'s appliance and consumer electronics division.
Assurant - General Electric
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GE stock: It's good, but it's riskier than the S&P 500 -
usatoday-com
- 124 days ago
Q: Is owning General Electric (GE) just like owning a large, diversified mutual fund?
General Electric
SP 500
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