Reuters reported that Alec Burger, chief executive of GECAS, does not anticipate a sale of the company by GE. read more

JAN 23, 2018 - 6:48 am

GE announced its board of directors has determined to set the company’s quarterly dividend to a projected of $.12 per outstanding share which represents a 50% reduction from the current quarterly dividend. read more

NOV 13, 2017 - 8:00 am

The Wall Street Journal reported that GE may try to sell its railroad business as new CEO John Flannery continues his plans to cut $20 billion worth of assets following what he described as “horrible” Q3/17 results. read more

OCT 27, 2017 - 6:44 am

After GE produced what he called “horrible” results, CEO John Flannery is planning to cut upwards of $20 billion worth of assets, Reuters reported. read more

OCT 23, 2017 - 7:26 am

GE announced Jamie Miller, CEO of GE Transportation, has been named chief financial officer, replacing Jeffrey S. Bornstein who will leave the company at the end of this year. GE also announced John Rice and Beth Comstock will retire effective December 31, 2017. read more

OCT 9, 2017 - 7:25 am

Jeffrey Immelt, former CEO of GE, published an article in the Harvard Business Review outlining his strategy for remaking a “historic and iconic company during an extremely volatile time.” read more

SEP 5, 2017 - 7:00 am

The Wall Street Journal reported that Jeff Immelt, currently the CEO of GE, is being considered for the “top position” at Uber Technologies. read more

JUL 28, 2017 - 7:01 am

GE signed a letter of intent with the Ministry of Transportation and Egyptian National Railways, worth $575 million, to supply 100 GE ES30ACi Light Evolution Series Locomotives. read more

JUN 26, 2017 - 7:08 am

President and CEO of GE Healthcare John Flannery was named Chairman and CEO of GE, replacing retiring Jeff Immelt. Flannery has experience leading elements of GE Capital and GE Equity. read more

JUN 13, 2017 - 6:53 am

The European Commission has cleared the proposed transaction between Baker Hughes and GE’s oil and gas business under EU merger control rules. read more

JUN 2, 2017 - 7:29 am

Air Lease entered long-term lease agreements with Air Canada for two new Boeing 787-9 aircraft with GE engines. read more

MAR 27, 2017 - 6:15 am

GE signed an agreement to sell its 43% stake in Hyundai Card (HCC) to Hyundai Commercial, Affinity Equity Partners, GIC and AlpInvest for an aggregate ending net investment (ENI) of approximately $1.3 billion. read more

FEB 2, 2017 - 7:44 am

Citizens Commercial Banking is providing $90 million in financing to help MassDevelopment fund the land acquisition and improvement of the GE’s planned Boston headquarters. read more

DEC 16, 2016 - 7:00 am

GE executed on its agreement to acquire a 75% stake in Concept Laser GmbH and concluded a tender offer that resulted in a purchase of 76.15% shares of Arcam AB. read more

DEC 13, 2016 - 6:22 am

GE’s board of directors named David Joyce a company vice chair leading GE Aviation and additive manufacturing. read more

SEP 13, 2016 - 6:15 am