General Electric Co (GE) Com Stk USD0.06 (CDI)
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30 April 2019 11:41
(Sharecast News) - The chief executive of General Electric said he was "encouraged" after first-quarter earnings at the beleaguered US industrial group beat expectations.
14 March 2019 12:34
(Sharecast News) - Beleaguered industrial group General Electric has warned that earnings will fall in the current year, as it grapples with 'complex' challenges across the business, before its...
25 February 2019 14:38
(Sharecast News) - General Electric has agreed to sell its biopharmaceutical business to Danaher for $21.4bn.
13 December 2018 12:28
(Sharecast News) - General Electric has announced the launch of a $1.2bn Industrial Internet of Things (IIoT) software business.
22 November 2018 14:13
(Sharecast News) - Strategists at Bank of America-Merrill Lynch continue to be "sellers" in shares, arguing that US central bank policy tightening cycles "always" end with a...
13 November 2018 13:35
(Sharecast News) - Struggling US conglomerate General Electric is to raise $4bn by selling a stake in oil services firm Baker Hughes, as it looks to slash debts and return to growth.
1 October 2018 12:53
(Sharecast News) - General Electric unexpectedly removed chief executive John Flannery on Monday after just twelve months on the job, also warning that profits would be lower than previously guided.
26 June 2018 11:25
(Sharecast News) - General Electric will spin off its healthcare division and sell its stake in Baker Hughes, the oil services company, as the ailing US conglomerate sheds peripheral businesses and seeks to...
25 June 2018 15:50
(Sharecast News) - General Electric has agreed to sell its Distributed Power business to private equity firm Advent International for $3.25bn as it looks to simplify its structure.
21 May 2018 13:49
(Sharecast News) - GE Transportation, a unit of General Electric, has agreed to merge with rail equipment maker Wabtec in a deal valued at £11.1bn.
24 January 2018 15:14
(ShareCast News) - General Electric is facing an investigation from the US Security and Exchanges Commission after it admitted to taking a $6.2bn after-tax charge for insurance liabilities in the fourth...
7 December 2017 13:02
(ShareCast News) - US industrial giant General Electric is shedding 12,000 jobs from its power operations, including 1,100 in the UK, as new CEO John Flannery moves to restructure the firm following years of...
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