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General Electric"s GE Aviation Unit to Divest MRA Systems

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Category: topSource: redinewsSep 14th, 2018

GE to divest healthcare unit, separate Baker Hughes

(Reuters) - General Electric Co on Tuesday said it plans to spin off its healthcare business and separate its oil services company Baker Hughes, as it looks to streamline operations and focus on aviation, power and renewable energy units......»»

Category: topSource: reutersJun 26th, 2018

GE to divest healthcare unit, separate Baker Hughes

General Electric Co on Tuesday said it plans to spin off its healthcare business and separate its oil services company Baker Hughes, as it looks to streamline operations and focus on aviation, power and renewable energy units......»»

Category: topSource: moneycentralJun 26th, 2018

Market Extra: GE’s stock breakout after record Paris Air Show orders confirms bullish technical tone

Shares of General Electric Co. surged Thursday, to achieve a technical breakout that would confirm a bullish technical tone, after the industrial conglomerate said its aviation unit announced record orders at the Paris Air Show this week......»»

Category: topSource: marketwatchJun 23rd, 2019

Market Extra: GE’s stock surge after record Paris Air Show orders sets bullish technical tone

Shares of General Electric Co. surged Thursday, putting them on track for a technical breakout that confirms a bullish technical setup, after the industrial conglomerate said its aviation unit announced record orders at the Paris Air Show this week......»»

Category: topSource: marketwatchJun 20th, 2019

Amazon To Lease 15 More 737 Freighters Through Lease With GE Unit

Amazon.com, Inc. (NASDAQ: AMZN) announced on June 18 that it will lease 15 Boeing (NYSE: BA) 737-800 freighters from GE Capital Aviation Services (GECAS), the aircraft lending unit of General Electric Co. ( read more.....»»

Category: blogSource: benzingaJun 18th, 2019

GE to divest healthcare unit: WSJ

(Reuters) - General Electric Co plans to spin off its healthcare business and unload ownership in its oil services company Baker Hughes, the Wall Street Journal reported on Tuesday, citing people familiar with the matter......»»

Category: topSource: reutersJun 26th, 2018

GE to spin off healthcare unit, divest Baker Hughes stake

General Electric Co said Tuesday it will spin off its healthcare business and divest its stake in oil services company Baker Hughes, leaving the once-sprawling conglomerate focused on jet engines, power plants and renewable energy......»»

Category: topSource: moneycentralJun 26th, 2018

GE to spin off healthcare unit, divest Baker Hughes stake

General Electric will spin off its healthcare business and divest its stake in oil-services company Baker Hughes to focus on jet engines, power plants, and renewable energy. Fred Katayama reports......»»

Category: videoSource: reutersJun 26th, 2018

GE unit wins $450 million U.S. defense contract: Pentagon

GE Medical Systems Information Technologies Inc, a unit of General Electric Co, has been awarded a $450 million U.S. defense contract for patient monitoring systems, accessories and training, the Pentagon said on Friday......»»

Category: topSource: reutersJan 11th, 2019

General Electric"s GE Capital Unit to Divest TPS Platform

Zacks.....»»

Category: topSource: redinewsJan 17th, 2019

BofA Gives Seal Of Approval To GE Divestitures, Stays Neutral On Stock

General Electric Company (NYSE: GE) move to divest more GE Capital Assets with the sale of supply chain finance unit Trade Payable Services is a solid step, according to Bank of America Merrill Lynch.  .....»»

Category: blogSource: benzingaJan 17th, 2019

General Electric CEO sees 2019 industrial revenue rising, cash weak

General Electric Co expects industrial revenue to rise by low to mid-single-digit percent this year, as gains at renewable energy, aviation and healthcare offset a decline in the power unit, Chief Executive Officer Larry Culp said on Thursday......»»

Category: topSource: reutersJan 31st, 2019

GE wins $517 million U.S. defense contract: Pentagon

General Electric Aviation, a unit of General Electric Co, has been awarded a $517 million U.S. Army contract for the engineering and manufacturing development phase of the Improved Turbine Engine Program, the Pentagon said on Friday......»»

Category: topSource: reutersFeb 1st, 2019

After explosions, Brazil power transmission companies remove GE equipment

After an unusual number of explosions, several Brazilian power transmission companies have started removing a piece of equipment made by General Electric Co , a blow for GE's Brazil unit as it battles competing suppliers from China and India......»»

Category: topSource: reutersJul 1st, 2019

Tempe company sells off key chunk of its solar business

As expected, Amtech Systems Inc. has taken a key step in its plan to divest its solar industry business as the Tempe-based company said it has sold off its SoLayTec unit in Europe. In a brief announcement on June 28, Amtech (Nasdaq: ASYS) did not d.....»»

Category: topSource: bizjournalsJun 29th, 2019

General Electric transformation being led by Aviation, says Citi

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJun 19th, 2019

Amazon to lease 15 more Boeing 737-800s through GECAS, to support one-day shipping

Amazon.com Inc. said Tuesday it will lease 15 737-800 cargo aircraft made by Boeing Co. , through a partnership with General Electric Co.'s GE Capital Aviation Services (GECAS.....»»

Category: topSource: marketwatchJun 18th, 2019

The Wall Street Journal: GE plans on fixing financial arm — but first trains eye on power unit, CEO Culp says

Larry Culp, General Electric Co.’s chief executive, plans to set his sights on the company’s problematic financial-services business after he cuts overall debt and stabilizes its power-generation division, he told investors Wednesday......»»

Category: topSource: marketwatchMay 22nd, 2019

Can Danaher Walk Away From the Buyout of GE’s Biopharma Unit?

If there is one former Dow Jones industrial average leader that is in need of serious help, look no further than General Electric......»»

Category: blogSource: 247wallstMay 16th, 2019

GE says it needs time for power-plant unit to recover

General Electric Co tamped down enthusiasm about a quick recovery in its power-plant unit on Wednesday, and an analyst said the company was not "telling the whole story" about purported market-share gains at its ailing power unit......»»

Category: topSource: reutersMay 15th, 2019