Feb 13- General Electric Co expects to return about $18 billion to shareholders through share buybacks and dividend payments as a result of its deal to sell its remaining stake in NBC Universal to Comcast Corp, Chief Executive Jeff Immelt said on Wednesday.
SAN FRANCISCO, Feb 7- LinkedIn Corp extended its hot streak on Thursday, announcing both blow-out quarterly profits and a bullish forecast for the new year that exceeded Wall Street's already lofty expectations.
WASHINGTON, Feb 7- The development of vast shale gas reserves in the United States is a "game-changer" that alters the balance of energy power for the nation, Jeff Immelt, chief executive of General Electric Co, said on Thursday. Speaking at an event in Washington, Immelt also highlighted the economic benefits of free trade.
WASHINGTON, Jan 31- The White House on Thursday disbanded President Barack Obama's jobs council, a group of high-profile chief executives who gave advice on how to spur employment growth, even as 12 million Americans remain out of work. White House spokesman Jay Carney said the council was set up with a two-year lifespan that was now expiring.
WASHINGTON, Jan 31- The White House said on Thursday it is disbanding President Barack Obama's jobs council, a group of high-profile chief executives who gave advice on how to spur growth, even as 12 million Americans remain out of work.
WASHINGTON, Jan 31- The White House said on Thursday it is disbanding President Barack Obama's jobs council, a group of high-profile chief executives who gave advice on how to boost hiring at a time of high unemployment.
*Q4 adjusted profit of 44 cents tops 43 cent Wall St view. General Electric Co shareholders are wondering what the company's chief executive plans to do with a cash windfall that could total tens of billions of dollars over several years as the company sells its remaining stake in NBC Universal and recoups more of the profits earned by finance unit GE Capital.
*Q4 adjusted profit of 44 cents tops 43 cent Wall St view. Jan 18- General Electric Co reported a better-than-expected 7.5 percent rise in fourth quarter profit and a sharp increase in its backlog of equipment orders, sparking a 3. 5 percent stock gain in premarket trading.
*Q4 adjusted profit of 44 cents tops 43 cent Wall St view. Jan 18- General Electric Co reported a better-than-expected 7.5 percent rise in fourth quarter profit and a sharp increase in its backlog of equipment orders, sending shares up in premarket trading.
Jan 18- General Electric Co reported a better-than-expected 7.5 percent rise in profit on Friday, reflecting a campaign by the largest U.S. conglomerate to boost margins as well as higher sales of equipment used in oil and gas production.
MILAN, Dec 21- U.S. conglomerate General Electric Co has agreed to buy the aviation business of Italy's Avio for $4.3 billion, in a sign of confidence about the country's underlying strength despite its deep recession.
*Sees 2013 revenue flat to up 5 pct. NEW YORK, Dec 17- General Electric Co expects revenue to be flat to up 5 percent next year, though its top executive said that worries about the "fiscal cliff" had hurt demand in the closing months of 2012.. Rather, Chief Executive Jeff Immelt repeated his goal of continuing to boost operating margins.
NEW YORK, Dec 17- General Electric Co expects revenue to be flat to up 5 percent in 2013, with strong overall demand for industrial equipment partly offset by declining sales of wind turbines. The company, in a presentation prepared for a meeting with investors in New York on Monday afternoon, said it expects profit to rise next year but did not say by how much.
Dec 14- General Electric Co on Friday raised its dividend by 12 percent, to a 19 cent quarterly payout, starting in January.
Dec 14- General Electric Co on Friday raised its dividend by 12 percent, with the higher payout starting in January, and it also authorized the buyback of another $10 billion in shares.
SAN FRANCISCO, Nov 29- General Electric, famous for branded hardware from lightbulbs to turbines, is pushing hard into software, chief executive Jeffrey Immelt said at the Minds and Machines conference on Thursday.
Zucker, who will leave his producing role on Katie Couric's syndicated television talk show, will succeed Jim Walton, and report to Phil Kent, chairman and chief executive of CNN parent Turner Broadcasting System. Other potential candidates mentioned in the press included Mark Shapiro, the former CEO of Dick Clark productions and NBC News chief Steve Capus.
*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.