Aircraft lessor AerCap acquired five General Electric GE90-115B engines from Sanad, the global aerospace engineering and leasing solutions company wholly-owned by Abu Dhabi's sovereign investor, Mubadala Investment Company. read more

NOV 21, 2023 - 6:56 am

AerCap completed its acquisition of GE Capital Aviation Services from General Electric. The combined company will serve approximately 300 customers around the world. read more

NOV 1, 2021 - 6:40 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 General Electric could face mounting tax liabilities in the coming months thanks to the Tax Cuts and Jobs Act. read more

NOV 5, 2018 - 6:50 am

GE named H. Lawrence Culp, Jr. chairman and CEO succeeding John Flannery. The GE board also appointed Thomas W. Horton as lead director. read more

OCT 1, 2018 - 10:46 am

GE said as a result of a strategic review it will focus on Aviation, Power and Renewable Energy, separate GE Healthcare into a standalone company and separate from BHGE over the next two to three years. read more

JUN 27, 2018 - 8:10 am

According to a report from The Week, General Electric’s market capitalization decline has its origins in the rise and fall of its GE Capital financial service businesses. read more

MAR 23, 2018 - 7:49 am

GE Transportation signed a $1 billion framework agreement in Ukraine, marking a milestone in the country’s efforts to strengthen its position as a European rail hub and trade corridor. read more

FEB 26, 2018 - 7:20 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

According to Investors.com, citing a report from Deutsche Bank, GE could be hurt under the new GOP tax package while fellow industrial conglomerates benefit from a tax windfall. read more

DEC 27, 2017 - 7:35 am

Fitch Ratings downgraded the long- and short-term issuer default ratings for General Electric and GE Capital Global Holdings to “A+” and ‘F1’ from ‘AA-‘and ‘F1+.’ read more

NOV 29, 2017 - 7:30 am