The Board of Directors of GE raised the company’s quarterly dividend 5%, or $0.01 per outstanding share of the company’s common stock, to $0.23 per outstanding share of the company’s common stock. read more

DEC 15, 2014 - 7:21 am

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

Clayton, Dubilier & Rice appointed John Dineen as an operating advisor to CD&R’s funds, effective early next year. Dineen is a 28-year veteran of General Electric. Most recently, he served as CEO of GE Healthcare. read more

OCT 16, 2014 - 2:26 pm

GE announced Exelon agreed to purchase four 7HA gas turbines, two D600 steam turbines, six generators and a contractual service agreement worth over $500 million for gas combined-cycle projects. read more

OCT 1, 2014 - 7:24 am

Bloomberg reported that GE is working with Morgan Stanley and Credit Suisse to study sale options for its consumer finance business in Australia and New Zealand. read more

SEP 26, 2014 - 7:27 am