309 News & Press Releases found
General Electric News
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GE Statement on Appliances Business
GE announced today it has terminated its agreement to sell its Appliances business to Electrolux and will now pursue other options to sell the Appliances business. GE is entitled to a break-up fee of $175 million from Electrolux. The Appliances ...
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GE Chairman and CEO Jeff Immelt, Statement on Export-Import Bank Reauthorization
GE Chairman and CEO Jeff Immelt today issued the following statement on the reauthorization of the Export-Import Bank, which was approved by Congress as part of a long-term transportation bill: “Congress did the right thing today when it ...
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GE Signs Deals to Build Power Plants in Indonesia and Maintain National Rail Fleet
GE (NYSE:GE) announced today the signing of four infrastructure projects valued at over $1 billion in the presence of the President of the Republic of Indonesia, Joko Widodo, during his state visit to the United States. Three of the projects will be ...
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GE Commences Exchange Offer to Complete Separation of Synchrony Financial
GE (NYSE: GE) today commenced an offer to exchange GE common stock for common stock of Synchrony Financial (NYSE: SYF) presently owned by GE. This exchange offer is in connection with the previously announced separation of Synchrony, the largest ...
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GE Comments on Federal Reserve Board`s Approval of Synchrony Financial Application to Become Standalone Savings and Loan Holding Company
GE (NYSE:GE) announced today that Synchrony Financial has received approval from the Federal Reserve Board to become a standalone savings and loan holding company and to retain control of Synchrony Bank, following the completion of GE’s ...
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GE Foundation Receives “Best Commitment to Education” Corporate Citizenship Award from U.S. Chamber Foundation
Helping to ensure American students are college- and career-ready, the GE Foundation supports high-impact initiatives that improve the equity and quality of K–12 public education in the U.S. Programs help to address the skills gap The GE ...
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GE introduces startup current to transform energy sector
First Integrated System Across Commercial, Industrial, Municipal and Utility Customers; Customers Walgreens, Simon Property Group, Hilton Worldwide, JPMorgan Chase, Hospital Corporation of America, Intel and Trane Look to Save 10-20% on Energy ...
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GE comments on investment by Trian
GE [NYSE:GE] today issued the following statement from GE Chairman and CEO Jeff Immelt regarding Trian Fund Management L.P.’s $2.5 billion investment in GE stock, which makes Trian one of GE’s largest shareholders: “We welcome ...
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GE Announces New President & CEO of Europe
GE (GE:NYSE) today announces the appointment of Mark Hutchinson as President & CEO of GE’s European region. He succeeds Stephan Reimelt, who has been appointed President & CEO, GE Power Conversion effective 19th October. Mark will ...
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GE Announces Plan to Build World Class Gas Engine Facility in Canada
GE will invest $265 million in Canada for a new state-of-the-art “Brilliant Factory” with manufacturing capacity for multiple business lines including Power and Water, Oil and Gas and Transportation. Plan to Create 350 Manufacturing ...
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GE announces new chief technology officer
Chief Technology Officer Mark Little to Retire from GE after 37 Years of Service GE’s Chief Technology Officer, Mark Little, will retire at the end of the year after 37 years of dedicated service and leadership to GE. Mark was named Chief ...
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GE enters into an agreement with the UK Government; could create up to 1000 new jobs in the UK
New Framework Agreement secures commitment to consider $12 Billion in Financing for exports from the UK and support up to 1000 new jobs in the UK GE continues to invest in countries that support their exporters through Export Credit Agreements ...
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GE names Linda Boff Chief Marketing Officer
GE (NYSE: GE) has named Linda Boff chief marketing officer. In addition to her current brand marketing responsibilities, Boff, 53, will lead the company’s digital industrial marketing strategy, intensify commercial and customer impact, and ...
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GE to Move Production and Jobs for Turbines and Generators to Europe
With no U.S. export financing available, GE has pursued non-U.S. options to meet customer requirements. Total of 500 GE jobs moving outside the U.S. French export credit agency, COFACE, has agreed to provide a line of credit for power deals that ...
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GE Aviation to Create European Turboprop Center of Excellence to Pursue Non-U.S. Options to Secure Export Credit Financing for Customers
With no U.S. export financing available, GE continues pursuit of non-U.S. options to meet customer requirements and support global growth. Will invest $400 million in European Turboprop Center of Excellence, ultimately creating 500 – 1,000 ...
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GE to Move Production and Jobs for Turbines and Generators to Europe; Secures Financing from COFACE and Others
With no U.S. export financing available, GE has pursued non-U.S. options to meet customer requirements. Total of 500 GE jobs moving outside the U.S. French export credit agency, COFACE, has agreed to provide a line of credit for power deals that ...
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Creation of GE Digital
GE (NYSE: GE) announced the creation of GE Digital, a transformative move that brings together all of the digital capabilities from across the company into one organization. GE Digital will integrate GE’s Software Center, the expertise of ...
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GE 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 October 26, 2015 to shareowners of record at the close of business on September 21, 2015. The ex-dividend date ...
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GE Strategic Transformation Accelerating
GE [NYSE:GE] was informed today that the European Commission (EC) has approved the proposed Alstom power and grid deal and that the Department of Justice has also filed a proposed consent decree that would permit the acquisition to close. These ...
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GE reiterates its commitment to ‘Make in India’
In its efforts to reinforce India’s position as a global manufacturing destination, GE is keen to further strengthen its partnership with India. Jeff Immelt, Chairman and CEO of GE, will visit India later this month. Over the last five years, ...