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General Electric"s GE Aviation Unit to Divest MRA Systems

Zacks.....»»

Category: topSource: redinewsSep 14th, 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

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 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 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 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

How the promise of electric power could transform aviation

After decades in which jets have been powered by fossil fuels, advances in materials, battery technology and electrical systems are holding out the promise of cleaner, cheaper commercial flight......»»

Category: topSource: bizjournalsSep 18th, 2018

Singapore"s ST Engineering to buy aircraft part maker from GE for $630 million

Singapore Technologies Engineering Ltd on Thursday said it had agreed to purchase aircraft part manufacturer MRA Systems from General Electric Co for $630 million......»»

Category: topSource: reutersSep 13th, 2018

GE"s jet-leasing unit draws sale interest from GIC

Singapore’s sovereign wealth fund has expressed interest in buying General Electric Co.’s plane-leasing unit, said people with knowledge of the matter......»»

Category: topSource: moneycentralSep 11th, 2018

Chinese Tesla rival files to raise $1.8 billion in U.S. IPO

Nio Inc., the Chinese electric car company whose U.S. unit is run by former Cisco Systems innovation chief Padmasree Warrior, has filed to raise $1.8 billion in an initial public offering that will trade on the New York Stock Exchange. The startup i.....»»

Category: topSource: bizjournalsAug 13th, 2018

GE preparing to sell power-conversion unit, for a lot less than what it paid for the assets--Bloomberg

Shares of General Electric Co. fell 1% in midday trade Friday, after Bloomberg reported the industrial conglomerate is preparing to sell its power-conversion business for a lot less than what it paid for it. Citing people familiar with the matte.....»»

Category: topSource: marketwatchAug 10th, 2018

Upstart Poaches GE Executives as It Chases Predix Customers

As General Electric Co. looks to shed parts of its software unit, smaller competitors see an opportunity to challenge the conglomerate in a business it had hoped to dominate—using data to improve the performance of industrial machines......»»

Category: smallbizSource: wsjAug 8th, 2018

General Electric: The Reasons To Buy Now Are Aviation And Healthcare

General Electric: The Reasons To Buy Now Are Aviation And Healthcare.....»»

Category: topSource: seekingalphaJul 31st, 2018

GE to Shed Parts of Digital Unit

General Electric is seeking a buyer for key parts of its digital business as the beleaguered industrial conglomerate unwinds a signature initiative of former Chief Executive Jeff Immelt......»»

Category: smallbizSource: wsjJul 31st, 2018

General Electric (GE) Q2 Earnings Beat, Down on Weak Margins

General Electric's (GE) second-quarter results beat estimates. Industrial revenues gain on healthy growth in Oil & Gas, Aviation, and Healthcare. General Electric Company GE reported better-than-expected results in second-q.....»»

Category: worldSource: nytJul 20th, 2018

General Electric says expects expanding Aviation margins in 2018

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: theflyonthewallJul 20th, 2018

GE beats diminished profit expectations, trims cash flow target

U.S. industrial conglomerate General Electric Co reported a smaller-than-expected drop in quarterly profit on Friday as weakness in power and renewables energy offset gains in its aviation, oil and gas and healthcare units......»»

Category: topSource: reutersJul 20th, 2018

GE quarterly profit drops 28 percent; cash flow target trimmed

U.S. industrial conglomerate General Electric Co reported a 28 percent drop in quarterly profit on Friday, as weakness in power and renewables energy offset gains in its aviation, oil and gas and healthcare units......»»

Category: topSource: reutersJul 20th, 2018

General Electric"s power unit faces threat in Saudi Arabia, Reuters reports

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: theflyonthewallJul 19th, 2018

Exclusive: General Electric"s power unit faces threat in Saudi Arabia

One of General Electric Co's largest and most valuable customers, Saudi Arabia, is lining up competitors to bid against GE for lucrative power plant work, according to five people familiar with the situation......»»

Category: topSource: reutersJul 19th, 2018

GE Still Wrestles With a Big Problem: GE Capital

General Electric continues to work with bankers and advisers to determine the best way to proceed with GE Capital, the lending unit that nearly sank the company in the financial crisis......»»

Category: smallbizSource: wsjJul 17th, 2018