GE entered an agreement to combine its GE Capital Aviation Services business with AerCap. Under the terms of the transaction agreement, which was approved by the boards of directors of both companies, GE will receive consideration valued at more than $30 billion. read more

MAR 10, 2021 - 6:59 am

David Joyce, president and CEO of GE Aviation, will retire after 40 years of service. John Slattery, Embraer’s president and CEO of Commercial Aviation will step into the role. read more

JUN 22, 2020 - 6:50 am

In response to a reverse inquiry from a long-term strategic investor, GE reopened portions of its prior debt offerings for GE Company and GE Capital for $3.0 billion in total proceeds. read more

JUN 9, 2020 - 6:25 am

GE launched multiple transactions to extend its GE Capital debt maturities and enhance its liquidity profile. read more

MAY 7, 2020 - 6:55 am

Fitch Ratings has downgraded the long-term issuer default ratings (IDRs) for General Electric and GE Capital to 'BBB' from 'BBB+'. The rating outlook is Stable. Fitch has downgraded the companies' short-term IDRs to 'F3' from 'F2'. read more

APR 13, 2020 - 7:00 am

J.P. Morgan analyst Stephen Tusa believes General Electric’s jet-leasing business has already entered liquidation territory, according to an article in Bloomberg. read more

MAR 6, 2019 - 6:30 am

GE agreed to sell its BioPharma business to Danaher for a total consideration of $21.4 billion, including $21 billion in cash as well as Danaher’s assumption of certain pension liabilities. read more

FEB 27, 2019 - 6:56 am

GE completed the spin-off and subsequent merger of its transportation business with Wabtec. read more

FEB 26, 2019 - 6:57 am

GE has set a record date of February 14, 2019 for the spin-off of Transportation Systems Holdings, which will hold a portion of GE Transportation and be subsequently merged with a Wabtec subsidiary. read more

FEB 6, 2019 - 6:54 am

Bloomberg reported that private equity firm Apollo Global Management has entered talks with lenders to finance a potential acquisition of GE Capital Aviation Services. read more

JAN 7, 2019 - 7:00 am

In a follow up to its in-depth article, “GE Powered the American Century—Then It Burned Out,” the Wall Street Journal will hold a live call today with the journalists behind the story. read more

DEC 18, 2018 - 6:55 am

After reporting a loss of $2.63 per share from continuing operations, GE announced plans to reduce its quarterly dividend from $0.12 to $0.01 per share and reorganize its Power vertical. read more

OCT 31, 2018 - 7:00 am

General Electric announced the company’s slate of director candidates for the 2018 annual meeting of shareowners, including Leslie F. Seidman, former chairman of the Financial Accounting Standards Board. read more

FEB 26, 2018 - 7:04 am

Bloomberg reported that GE is repeating its past failures under CEO John Flannery, who is not living up to his pledge to remain transparent about the industrial giant’s struggles. read more

FEB 22, 2018 - 7:10 am

The Wall Street Journal reported that the Securities and Exchange Commission is looking into GE Capital’s revenue recognition practices for “long-term service contracts.” read more

JAN 25, 2018 - 6:26 am