Moody’s Investors Service downgraded the long-term issuer rating of GE Capital Global Holdings to A2 from A1. The long-term ratings of GE Capital’s subsidiaries were also downgraded. read more

NOV 20, 2017 - 7:30 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

China’s Juneyao Airlines signed a $1.4 billion deal with General Electric to supply new GEnx engines for 10 Boeing 787 aircraft scheduled to be delivered in 2018. read more

NOV 13, 2017 - 7:26 am

Bloomberg reported GE’s shares have fallen 32% in 2017, causing concern that if the new CEO’s plan to change the trajectory of the company is not successful, GE may have to cut its dividend for only the third time in its history. read more

OCT 30, 2017 - 7:19 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

Switzerland’s ABB announced the acquisition of GE Industrial Solutions for $2.6 billion. GE’s global electrification solutions is headquartered in Atlanta and has about 13,500 employees around the world. read more

SEP 25, 2017 - 7:06 am

Fox Business News reported that General Electric is cutting its spending on operations including the grounding of its corporate fleet of jets. read more

SEP 22, 2017 - 7:17 am

GE reported GE Capital Q2/17 segment earnings from GE Capital Aviation Services, Energy Financial Services and Industrial Finance was $605 million, up 6.7% from $567 million a year earlier. read more

JUL 24, 2017 - 7:17 am

Baker Hughes and General Electric reached an agreement with the Department of Justice that would allow the combination of Baker Hughes and GE Oil & Gas under U.S. law. read more

JUN 13, 2017 - 7:03 am

In a presentation, GE reported GE Capital Q1/17 earnings were $535 million, up 7.9% from $496 million in the same quarter in 2016. GE Capital Aviation services accounted for over 71% of total earnings. read more

MAY 3, 2017 - 7:37 am

GE closed the sale of its French consumer finance business, GE Money Bank, and its operations in the French Overseas Territories to an affiliate of Cerberus Capital Management. read more

MAR 29, 2017 - 7:21 am

Bloomberg reported that at a recent outlook event, General Electric CEO Jeff Immelt was quoted as saying in response to a question about his new strategy, “[it] makes a s***load more sense than Six Sigma did.” read more

DEC 30, 2016 - 7:28 am

GE sold its shares in GE Capital Interbanca in Italy to Banca IFIS. The transactions represents an ending net investment of $3.6 billion. read more

DEC 1, 2016 - 6:48 am

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According to Bloomberg, General Electric purchased cloud-based software company ServiceMax for $915 million and Siemens AG bought Mentor Grahpics, a U.S. software manufacturer, for $4.5 billion. read more

NOV 21, 2016 - 7:38 am

General Electric elected CEO and a director of Qualcomm Steven M. Mollenkopf to the company’s board of directors read more

NOV 11, 2016 - 7:32 am