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Jeffrey Immelt

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  • Didn't think GE would go this far this fast: Analyst

    Steven Winoker, Sanford C. Bernstein, shares his thoughts on General Electric's plan to sell its real estate holdings and put the bulk of the proceeds into a massive buyback program.

  • GE asset sale rewards investors: Immelt   Friday, 10 Apr 2015 | 7:01 AM ET
    GE asset sale rewards investors: Immelt

    CNBC's David Faber talks with GE CEO Jeffrey Immelt about the timing of General Electric's massive restructuring plan and its plan to use the bulk of the proceeds for its massive buyback plan.

  • GE to sell real estate holdings, issue $50B buyback

    Ivan Feinseth, Tigress Financial Partners, provides perspective on General Electric's plans to sell most of GE' Capital assets and put the bulk of the proceeds towards a buyback program.

  • GE's Immelt on GE Capital sale   Friday, 10 Apr 2015 | 6:30 AM ET
    GE's Immelt on GE Capital sale

    CNBC's David Faber talks with GE CEO Jeffrey Immelt about the company's massive restructuring of its financial unit. The business model for financial services has changed, says Immelt.

  • *GE's real estate assets worth $30 bln. *Buyers led by Blackstone, Wells Fargo- source. April 9- General Electric Co is nearing a deal to sell practically all of its $30 billion real estate assets to a consortium led by Blackstone Group and Wells Fargo& Co, according to a person familiar with the matter.

  • (Adds background on Wal-Mart's evolving stance, adds comments. CHICAGO, April 2 (Reuters)- The chief executive of Wal-Mart Stores Inc has emerged as an unlikely voice for gay rights after the Arkansas governor heeded his call on Wednesday to reject a much-criticized bill. That was seen as a major factor behind the governor's decision on Wednesday to ask lawmakers...

  • BOSTON, March 25- CEOs at large U.S. companies collectively realized at least $6 billion more in compensation than initially estimated in annual disclosures in the five years after the financial crisis first hit, according to a Reuters analysis. About 300 CEOs who served throughout the 2009-2013 period at S&P 500 companies together realized about $22 billion...

  • March 16- General Electric Co Chief Executive Officer Jeff Immelt is sticking by his company's model for housing diverse businesses under one roof at a time when other U.S. conglomerates are looking at hiving off units to please investors. In a wide-ranging annual letter to shareholders released on Monday, Immelt details advantages from such scale through...

  • GE weighs deeper cuts to banking business - WSJ Wednesday, 11 Mar 2015 | 5:23 PM ET

    March 11- General Electric Co is considering making deeper cuts in its banking business, the Wall Street Journal reported, citing people familiar with the matter. "GE is an industrial company first and foremost," Chief Executive Jeff Immelt says in a letter to shareholders to be published on March 16 with the company's annual report. "But make no mistake, the...

  • Jan 23- General Electric Co reported a 9 percent rise in quarterly industrial profit on Friday as its businesses that sell power-generating turbines and jet engines helped offset weak sales in its oil and gas unit. "It's going to be an albatross... as long as energy prices stay low," said Tim Ghriskey, chief investment officer of Solaris Asset Management.

  • Jan 23- General Electric Co reported a 9 percent rise in quarterly industrial profit on Friday as its businesses that sell power-generating turbines and jet engines helped offset weak sales in its oil and gas unit. The U.S. conglomerate said its fourth-quarter net income rose 61 percent to $5.15 billion, or 51 cents per share, from a year earlier, when results...

  • PREVIEW-Low oil prices put pressure on GE shares Thursday, 22 Jan 2015 | 2:22 PM ET

    Jan 22- For massive conglomerate General Electric Co, the plunge in oil prices stands to both help and hurt. Since 2007, GE has invested $14 billion in this once-fast-growing unit through acquisitions. "We recognize that lower oil prices will affect this business, but no one knows how much yet," said Charlie Smith, chief investment officer of Fort Pitt Capital, which...

  • Stocks that could pay big dividends in 2015 Monday, 12 Jan 2015 | 12:23 PM ET
    A trader works on the floor of the New York Stock Exchange.

    Last year was a great one for many high-yielding stocks, and investment managers are hoping for something close to that in 2015.

  • Limited ruble risk for US companies Wednesday, 17 Dec 2014 | 12:40 PM ET
    Customers use their mobile phones beside a digital advertisement inside a Citibank bank branch in Moscow.

    Few U.S. companies have a big exposure to the Russian ruble's ongoing collapse.

  • GE's Immelt: Oil cycle an opportunity   Wednesday, 17 Dec 2014 | 9:46 AM ET
    GE's Immelt: Oil cycle an opportunity

    Jeffrey Immelt, General Electric chairman & CEO, discusses the current oil cycle and gives his read on China's outlook.

  • *Expects 2015 earnings $1.70- $1.80/ share vs est $1.79. NEW YORK, Dec 16- General Electric Co gave a 2015 profit forecast range on Tuesday that barely included Wall Street's target as the U.S. conglomerate braced for a "sluggish" oil and gas sector due to plunging crude prices. "We're really planning the company for a sluggish oil and gas sector in' 15," Chief Executive...

  • *Expects 2015 earnings $1.70- $1.80/ share vs est $1.79. NEW YORK, Dec 16- General Electric Co said it expects profit from its industrial units to rise by at least 10 percent in 2015, helped by its power and water, aviation and energy management businesses. Earlier this year, it struck a $16.9 billion deal to buy the power business of France's Alstom SA.

  • NEW YORK, Dec 16- General Electric Co said it expects profit from its industrial units to rise by at least 10 percent in 2015, helped by its power and water, aviation and energy management businesses. Earnings from its industrial units are expected to be $1.10- $1.20 per share next year, the conglomerate said in a presentation on Tuesday at an investor meeting in New...

  • Three things GE must do: Expert   Friday, 17 Oct 2014 | 6:32 AM ET
    Three things GE must do: Expert

    Nick Heymann, William Blair & Company, provides perspective on the industrial giant's mixed quarterly results and GE's Alstom acquisition.

  • GE's industrial Internet   Thursday, 9 Oct 2014 | 10:26 AM ET
    GE's industrial Internet

    CNBC's Morgan Brennan reports from General Electric's third annual Minds + Machines conference where CEO Jeff Immelt announced strategic partnerships with Intel, Cisco and AT&T to name a few.