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General Electric reported strong profit growth in the third quarter, but revenue was below expectations and investors were concerned about the company's tepid growth forecast for 2013..
Jack Degan, Harbor Advisory CIO, discusses the outlook for GE, and breaks down the company's third quarter numbers of $0.36 EPS, on revenues of $36.3 billion; short of estimates.
NEW YORK-- General Electric Co.' s transformation into a more simple industrial company seems to be helping its bottom line. GE's net income rose 49 percent in the third quarter to $3.49 billion, or 33 cents per share. During the financial crisis, investors worried that its enormous banking arm, GE Capital, would fail.
General Electric and Military Families at Syracuse University are developing a reference guide that employers can use to help them more effectively recruit and mentor veterans.
*White House slams Welch tweet as "ludicrous". BOSTON/ WASHINGTON, Oct 5- Jack Welch, the lionized former chairman of General Electric Co, provoked cries of outrage in Washington on Friday when he appeared to accuse the White House of manipulating September job figures for political gains.
Relative to the S&P 500, General Electric should give investors 'at least' double the return over the next two years, Jack De Gan, Harbor Advisory CIO told CNBC Friday.
"Veterans have led in the field; they can lead in a factory or research facility. Veterans believe in getting the job done and doing it in the right way," writes GE Chairman and CEO Jeff Immelt.
Debating whether the President's jobs initiative will get Americans back to work, with Robert Reich, former Labor Secretary, and Steve Moore, "Return to Prosperity" author.
A group of corporate and labor leaders advising President Obama is calling for sweeping policy changes, from liberalized immigration and less restrictive regulations to a more business friendly tax system and greater infrastructure spending.
Debating whether there is crony capitalism at play between GE and politicians, with James Pethokoukis, AEI economics columnist, and David Webb, Tea Party 365 co-founder.
Jeffrey Immelt, General Electric chairman/CEO called for a national urgency on jobs during his interview on CBS "60 Minutes" last night. Discussing whether part of the employment problem could be that teenagers are avoiding getting the skills needed for blue collar jobs, with David Roberts, Carlisle Companies CEO.
To get its confidence back, America needs less regulation and more innovation even if that means some failed ventures using taxpayer money, General Electric Chairman Jeff Immelt told CNBC Thursday.
The most important thing right now is confidence, says Jeffrey Immelt, General Electric chairman/CEO, with a look at what will actually work in the President's jobs plan.
Changing regulations are a massive impediment towards American corporate competitiveness, says blogger Yoshikami.
CNBC's Mary Thompson with highlights of her interview with GE's chairman and his thoughts on the economy and jobs.
Is it time for corporate leaders to stop blaming the government on jobs and start putting workers back on their payrolls, with Gordon Bethune, former Continental Airlines chairman/CEO, and Christian Weller, Center for American Progress.
The jobs picture has become so tough that some j0bs that used to get shipped overseas can now come back to the U.S., said GE CEO Jeff Immelt.
GE CEO Jeff Immelt talks to CNBC's Mary Thompson about the economy and demand for the company's products around the world.
President Barack Obama will nominate businessman John Bryson to lead the Commerce Department, a White House official said Tuesday.
The Robin Hood Foundation wants to raise $40 million to help homeless veterans in New York City at its annual gala tonight, Executive Director David Saltzman told CNBC Monday.