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Jeffrey Immelt

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  • April 15- General Electric Co's Chief Executive Jeff Immelt may step down sooner than his expected 20- year tenure, the Wall Street Journal reported, citing people familiar with the company's thinking.

  • April 15- General Electric Co's Chief Executive Jeff Immelt may step down sooner than his expected 20- year tenure, the Wall Street Journal reported, citing people familiar with the company's thinking.

  • GE plans to put 1,400 jobs in Cincinnati area Thursday, 10 Apr 2014 | 9:08 AM ET

    CINCINNATI— The General Electric Co. plans to build a new U.S. global operations center in the Cincinnati area, bringing an expected 1,400 jobs to southwest Ohio. The Cincinnati area center will be one of five such centers around the world that will combine functions such as finance and information technology in the same place, GE said.

  • March 4- Warren Buffett is seeking to reassure shareholders about how his Berkshire Hathaway Inc will perform in the decades after he steps down or dies, but remains as vague as ever about succession plans. Jeff Immelt, the CEO at General Electric Co, has been unable to get his company's share price anywhere near the heights achieved by his predecessor Jack Welch.

  • EXCLUSIVE-GE seeks buyer for fuel dispenser unit-sources Thursday, 27 Feb 2014 | 12:46 PM ET

    NEW YORK, Feb 27- General Electric Co is preparing to sell its energy unit that makes fuel dispensers in a deal that is expected to fetch more than $500 million, people familiar with the matter said on Thursday. Wayne was part of Dresser Inc, the energy infrastructure company that GE bought in 2010 for $3 billion.

  • WASHINGTON, Feb 18- General Electric Co is suing the U.S. Internal Revenue Service for a $658 million tax refund related to a tax loss the company claimed as it exited the reinsurance market more than a decade ago.

  • UPDATE 3-GE profit margins fall short, shares slide Friday, 17 Jan 2014 | 12:07 PM ET

    Jan 17- General Electric Co posted in-line overall quarterly earnings on Friday but disappointed investors by failing to meet its full-year profit margin goal due to delayed wind turbine deliveries and poor energy management results. Shares in the U.S. conglomerate fell 2.5 percent in morning trading to $26.52, against a broadly flat market.

  • Jan 17- General Electric Co posted a rise in quarterly net profit on Friday, helped by strength in its businesses selling oil pumps and jet engines. The U.S. conglomerate said net earnings rose to $4.2 billion, or 41 cents per share, from $4.01 billion, or 38 cents a share, a year earlier.

  • NEW YORK, Dec 18- General Electric Co expects profit from aviation, healthcare and other industrial units to rise at least 10 percent next year, the conglomerate said on Wednesday, adding it plans aggressive investments in manufacturing while shrinking its finance arm.

  • NORWALK, Conn., Nov 15- General Electric Co plans to spin off part of its North American retail finance business next year as a separately traded public company in a long-term attempt to generate less profit from the volatile financial sector and more from manufacturing.

  • Oct 18- General Electric Co on Friday posted a record backlog of orders that the company said positioned it well for 2014, lifting shares and overshadowing a decline in quarterly profit and revenue.

  • Oct 18- General Electric Co said on Friday that third-quarter profit and revenue fell, mainly due to its shrinking finance business and the negative effects of foreign currency. Chairman and Chief Executive Jeff Immelt noted the results were "were very strong in an improving global business environment."

  • Oct 18- General Electric Co said on Friday that third-quarter profit and revenue fell, mainly due to its shrinking finance business and the negative effects of foreign currency. Chairman and Chief Executive Jeff Immelt noted the results were "were very strong in an improving global business environment."

  • Market at new high despite some earnings misses Friday, 19 Jul 2013 | 2:49 PM ET

    Earnings so far: not so great, but we promise they'll be better in the second half! That's the bottom line from some companies this morning: sound familiar? The mess from Microsoft (MSFT) and Google (GOOG) is being muted by modest beats from big Industrial companies.

  • Cramer: This stock is set for a break-out Friday, 19 Jul 2013 | 10:20 AM ET

    General Electric's improving margins and strength from its sector signals that the conglomerate will be moving much higher from here, said Cramer Friday.

  • GE's Immelt: Too Much Regulation     Monday, 11 Mar 2013 | 7:44 PM ET

    Discussing whether Washington is over-regulating and suffocating American business, with CNBC Contributor Bob Lutz.

  • GE Stock Gains After Sale of NBCUniversal     Wednesday, 13 Feb 2013 | 11:35 AM ET

    General Electric is one of the biggest gainers in the Dow today after news hit that it's selling its remaining stake in NBCUniversal to Comcast for nearly $17 billion, reports CNBC's Mary Thompson.

  • GE Expects Higher 2013 Sales Despite 'Cliff' Fears Monday, 17 Dec 2012 | 5:26 PM ET
    FILE-  This Dec. 2, 2008, file photo, shows a General Electric (GE) logo on display at Western Appliance store in Mountain View, Calif. (AP Photo/Paul Sakuma, File)

    GE expects revenue to be flat to up 5% in 2013 despite "fiscal cliff" fears. However, there's one area the company expects double-digit growth.

  • *CEOs demand Congress find debt solution. WASHINGTON, Oct 25- Chief executives of more than 80 big U.S. corporations, including Goldman Sachs, Cisco Systems and Boeing, joined forces to press Congress to reduce the federal deficit in a rare show of broad corporate unity.

  • *CEOs demand Congress find debt solution. WASHINGTON, Oct 25- Chief executives of more than 80 big U.S. corporations, including Goldman Sachs, Cisco Systems and Boeing, joined forces to press Congress to reduce the federal deficit in a rare show of broad corporate unity.

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