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Jeffrey Immelt

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  • PARIS, June 25- For the boss of General Electric, the trials and tribulations of doing business in France are summed up in the lyric of an old Rolling Stones' song: "You can't always get what you want, but if you try sometimes you just might find you get what you need."

  • Alstom and GE chiefs celebrate "three-fold win" Tuesday, 24 Jun 2014 | 1:23 PM ET

    BELFORT, France, June 24- In a joint trip to the eastern town of Belfort that is the cradle of their cooperation in France, the bosses of Alstom and General Electric defended their tie-up as good for business, jobs and France.

  • Defending the Dog: Bullish case for GE     Tuesday, 24 Jun 2014 | 8:16 AM ET

    Jack De Gan, Harbor Advisory CIO, weighs in on General Electric's turnaround strategy and its deal to acquire French firm Alstom. It's a good step towards making GE a more industrialize enterprise, says Larry Bossidy, former Honeywell chairman & CEO.

  • Need for the Ex-Im Bank: Bossidy     Tuesday, 24 Jun 2014 | 7:16 AM ET

    Former Honeywell chairman & CEO Larry Bossidy, shares his thoughts on the push to re-authorize the Export-Import Bank.

  • *France seeks to buy Bouygues' 20 pct in Alstom. *Formal deadline for GE offer for Alstom is Monday. PARIS, June 22- The French government was locked in negotiations on Sunday over its planned purchase of a stake in Alstom from conglomerate Bouygues, the last hurdle in an announced tie-up between Alstom and General Electric.

  • *French state to take 20 percent stake in Alstom. PARIS, June 20- France chose General Electric to form an alliance with Alstom on Friday- rejecting an offer from Siemens and Mitsubishi Heavy Industries- but said the deal still needed some work and added it would buy a 20 percent stake in the hotly-contested company.

  • UPDATE 4-GE reshapes Alstom offer to appease France Thursday, 19 Jun 2014 | 8:34 PM ET

    *GE to sell rail signalling unit to Alstom. *Alstom board to decide by Monday, no Alstom comment. PARIS, June 19- General Electric revised its bid for the power arm of Alstom on Thursday, offering alliances in energy and rail to appease the French government and beat a rival proposal by Siemens and Mitsubishi Heavy Industries.

  • *Alstom agrees new plan; Alstom board to decide by Monday. *Siemens says its plan superior; no Alstom comment. It was the latest shot in a two-month fight for control of Alstom's energy business, days before the French group's board must choose between GE's offer and a rival one from Germany's Siemens and Japan's Mitsubishi Heavy Industries.

  • GE submits revised proposal for Alstom deal Thursday, 19 Jun 2014 | 1:16 PM ET
    General Electric Co. (GE) and Siemens AG are both circling Alstom in a bid to add turbines and other equipment for power plants and transmission networks amid rising demand in the oil and gas industries.

    CNBC has learned that the revised proposal would create three energy joint ventures between GE and the French multinational.

  • *U.S. group says alliance proposal agreed with Alstom management. PARIS, June 19- U.S. conglomerate General Electric reshaped its offer for the power assets of Alstom on Thursday to propose an alliance based on 50:50 joint ventures that would ringfence sensitive nuclear activities.

  • Alstom's board is due to choose by Monday between a 12.4- billion-euro cash offer for its power arm from U.S. suitor General Electric- which GE boss Jeff Immelt is expected to improve upon later on Thursday- and a rival proposal from Siemens and Japan's Mitsubishi Heavy Industries.

  • *Siemens eyes Alstom's gas turbines business-sources. MUNICH/ PARIS, June 16- Germany's Siemens and Japan's Mitsubishi Heavy Industries will present a joint offer to France's Alstom in Paris on Monday, challenging a General Electric bid that sparked French government concern about retaining jobs and industry expertise.

  • *Mitsubishi and France would take equal stakes in Alstom- unions. MUNICH/ PARIS, June 13- Germany's Siemens and Japan's Mitsubishi Heavy Industries are putting the finishing touches on a joint offer for Alstom's turbine businesses that includes a cash element of roughly 9 billion euros, sources close to the bidders said.

  • Siemens and Mitsubishi finalize Alstom offer Friday, 13 Jun 2014 | 12:33 PM ET

    *Siemens would acquire gas turbines from Alstom, sources say. MUNICH/ PARIS, June 13- Germany's Siemens and Japan's Mitsubishi Heavy Industries are putting the finishing touches on a joint offer for Alstom's turbine businesses that includes a cash element of roughly 9 billion euros, sources close to the bidders said.

  • Siemens and Mitsubishi finalise Alstom offer Friday, 13 Jun 2014 | 12:33 PM ET

    *Siemens would acquire gas turbines from Alstom, sources say. MUNICH/ PARIS, June 13- Germany's Siemens and Japan's Mitsubishi Heavy Industries are putting the finishing touches on a joint offer for Alstom's turbine businesses that includes a cash element of roughly 9 billion euros, sources close to the bidders said.

  • BURGHAUSEN, Germany/ GEISMAR, Louisiana, June 2- Nestled in the green hills of southern Germany, chemical giant Wacker Chemie churns out a wide range of products, from an ingredient for chewing gum to the polysilicon crystals in solar cells.

  • Siemens CEO tries to calm storm over job cut leak Friday, 30 May 2014 | 6:08 PM ET
    Joe Kaeser, chief executive officer of Siemens AG, during a news conference in Berlin, Germany, May 7, 2014.

    The CEO of German conglomerate Siemens tried to calm a storm over job cuts after he let slip that his restructuring plan might cut 11,600 jobs.

  • *Storm comes as Siemens is considering bid for Alstom. BERLIN/ MUNICH, May 30- The chief executive of German conglomerate Siemens tried to calm a brewing storm over job cuts on Friday after he let slip at an investor conference in New York that his plan to restructure the company could put up to 11,600 staff at risk.

  • GE's Alstom offer adds 1,000 French jobs: Sources Wednesday, 28 May 2014 | 10:43 AM ET
    An Alstom welding instructor uses a sound wave sensor to test for defects in welded metal joints at Alstom SA's welding training facility in Stafford, U.K., May 12, 2014.

    General Electric has improved its offer for French train and turbine maker Alstom, with a pledge to create 1,000 jobs in France, sources said.

  • *Shares in Alstom rise on hope for progress in deal with GE. PARIS, May 28- General Electric strengthened its position in the battle for the power arm of French group Alstom on Wednesday with a pledge to create 1,000 jobs in France and recognition from Paris that it had made a more acceptable offer.