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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

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

GE speeds plan to raise $4 billion cash, lifts sagging shares

General Electric Co plans to raise $4 billion in needed cash by year end, the company said on Tuesday, speeding its planned sale of a stake in oilfield services unit Baker Hughes ......»»

Category: topSource: reutersNov 13th, 2018

Culp says GE may sell larger chunk of health care unit in IPO

General Electric Co. may sell up to 49.9 percent of its health care business as part of a spin-off and initial public offering, rather than 20 percent as the company had previously indicated, CEO Larry Culp said Monday. Culp made the remarks during .....»»

Category: topSource: bizjournalsNov 12th, 2018

GE in talks to sell commercial lighting unit to PE firm: Bloomberg

General Electric Co is in talks to sell its commercial lighting business to private equity firm American Industrial Partners, Bloomberg reported on Monday, citing people familiar with the matter......»»

Category: topSource: reutersNov 5th, 2018

GE stock plunges below $10 amid slashed dividend, probe

General Electric slashed its quarterly dividend to just 1 cent per share and said it would split its power unit into two businesses as new chief executive Larry Culp took his first steps to revive the struggling conglomerate......»»

Category: topSource: moneycentralOct 30th, 2018

GE stock plunges below $10 amid slashed dividend, probe

General Electric slashed its quarterly dividend to just 1 cent per share and said it would split its power unit into two businesses as new chief executive Larry Culp took his first steps to revive the struggling conglomerate......»»

Category: topSource: moneycentralOct 30th, 2018

GE stock tanks amid slashed dividend, regulatory probe

General Electric slashed its quarterly dividend to just 1 cent per share and said it would split its power unit into two businesses as new chief executive Larry Culp took his first steps to revive the struggling conglomerate......»»

Category: topSource: moneycentralOct 30th, 2018

General Electric reveals deeper regulatory probe, restructuring

General Electric Co slashed its quarterly dividend to a penny a share, said it would restructure its power unit and that it faced a deeper accounting probe as new Chief Executive Larry Culp took his first steps to revive the struggling conglomerate......»»

Category: topSource: reutersOct 30th, 2018

General Electric slashes its dividend to a penny a share

General Electric slashed its quarterly dividend to just 1 cent per share and said it would split its power unit into two businesses as new chief executive Larry Culp took his first steps to revive the struggling conglomerate......»»

Category: topSource: moneycentralOct 30th, 2018

General Electric slashes its dividend to a penny a share

General Electric slashed its quarterly dividend to just 1 cent per share and said it would split its power unit into two businesses as new chief executive Larry Culp took his first steps to revive the struggling conglomerate......»»

Category: topSource: moneycentralOct 30th, 2018

General Electric says regulators expand probe into power unit writedown

General Electric Co said the U.S. Securities and Exchange Commission had expanded its probe of GE's accounting to include a $22.8 billion writedown of goodwill from GE's power division......»»

Category: topSource: reutersOct 30th, 2018

General Electric cuts dividend, splits loss-making power unit

General Electric Co slashed its quarterly dividend to just 1 cent per share and said it would split its power unit into two businesses as new Chief Executive Larry Culp took his first steps to revive the struggling conglomerate......»»

Category: topSource: reutersOct 30th, 2018

GE cuts dividend, splits power business

General Electric Co (GE.N) slashed its quarterly dividend to just 1 cent per share and said it was reorganizing its power unit into two businesses as new Chief Executive Larry Culp took his first steps to revive the struggling conglomerate......»»

Category: topSource: moneycentralOct 30th, 2018

GE cuts dividend, splits power business

General Electric Co slashed its quarterly dividend to just 1 cent per share and said it was reorganizing its power unit into two businesses as new Chief Executive Larry Culp took his first steps to revive the struggling conglomerate......»»

Category: topSource: reutersOct 30th, 2018

General Electric Aviation awarded $250M Air Force contract

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: theflyonthewallOct 10th, 2018

(Gallery) Working in Secrecy: Inside General Electric"s unique engine assembly plant in Durham

For the plant’s general manager, Tom Bradley, it’s a high-pressure job that is only about to intensify as the way engines are made is changing. To compete, GE Aviation has to change with it......»»

Category: topSource: bizjournalsOct 8th, 2018