Packers Holdings completed a recapitalization of the company by Harvest Partners and Leonard Green & Partners. Committed debt financing was provided by Morgan Stanley, GE Capital and Crescent Mezzanine. read more
DEC 5, 2014 - 7:07 am
The Women in Trucking Association announced that GE Capital, Transportation Finance has joined its association as a Gold Level Partner. John Dietze, SVP of Dealer Sales, will serve on the board of directors. read more
DEC 3, 2014 - 7:13 am
According to a Zacks Equity research paper, the Fed has devised a set of stringent regulations for GE Capital as if it were a bank holding company, with added governance rules tailored in accordance with it unique structure and profile. read more
DEC 1, 2014 - 7:26 am
GE Capital said it now expects to close the sale of its GE Money Bank AB consumer finance business to Santander Consumer Finance S.A. to be in the fourth quarter of 2014. read more
NOV 24, 2014 - 7:01 am
GE Capital released its Technology & Business Services Industry Research Update for November 2014, revealing it expects overall IT spending growth during the typically seasonally strong 4th quarter. read more
NOV 14, 2014 - 7:42 am
Spiracur closed a $16 million round of debt financing with GE Capital. Proceeds will be used by Spiracur to launch new products into new care settings, and for further global expansion. read more
NOV 13, 2014 - 7:18 am
According to a GE Capital survey of aerospace executives, aircraft deliveries are expected to grow through 2016, with 87% reporting they will be investing in new manufacturing equipment over the next 3 years. read more
NOV 12, 2014 - 6:51 am
Dell announced it would be delivering new programs along with its financing partners, GE Capital and Wells Fargo Capital Finance that include 75 days interest-free financing on Dell purchases for an introductory period of 180 days. read more
NOV 5, 2014 - 7:21 am
GE Capital said in its Fall 2014 Industry Update on Truck Transportation that through much of 2014, carriers have benefitted from a near “goldilocks” supply/demand environment with strengthening freight trends. read more
NOV 3, 2014 - 7:06 am
According to a survey conducted by the National Center for the Middle Market, the third quarter of 2014 market the third consecutive quarter of solid revenue growth for U.S. middle market firms. read more
NOV 3, 2014 - 7:02 am
Reuters reported GE Capital bought a $450 million portfolio of European loans from CIT, including mid-market leveraged loans such as a childcare nursery provider. read more
OCT 28, 2014 - 7:44 am
According to GE Capital’s inaugural Hospital Sentiment Research report, hospitals across the globe are becoming increasingly confident about their growth prospects for the year ahead. read more
OCT 23, 2014 - 7:20 am
Recently, monitordaily reported GE Capital segment results showed overall net earnings for Q3/14 were $1.492 billion, down 22% from $1.903 a year earlier. All financial segments – Consumer, Real Estate, GECAS and Energy Financial – were off, with the exception... read more
Oct 2014
GE announced its GE Capital Q3/14 segment profit was $1.492 billion, down 22% from $1.903 billion a year earlier. GE noted that its CLL unit segment earnings of $617 million were up 29% from $479 million a year earlier. read more
OCT 17, 2014 - 7:46 am
GE Capital reportedly agreed to acquire helicopter-leasing company Milestone Aviation Group for $1.775 billion. The deal is expected to close next year. read more
OCT 14, 2014 - 7:27 am