General Electric said it would be willing to consider concessions in order to win European approval to acquire the power equipment unit of Alstom.» Read More
Art Cashin of UBS, shares his thoughts on General Electric's move to sell the bulk of the assets in its GE Capital unit.
CNBC's David Faber sits down with GE CEO Jeffrey Immelt to talk about the company's decision to sell GE Capital and take the bulk of the sales to buy back $50 billion of its stock.
Former Honeywell CEO Larry Bossidy, weighs in on General Electric's plan to sell most of its GE Capital assets.
CNBC's Steve Liesman; Jack De Gan Harbor Advisory; and Jeff Saut, Raymond James, share their thoughts on General Electric's restructuring plan, and the outlook on the markets.
CNBC's Mary Thompson reports on General Electric's restructuring plan and what it means for the stock.
It makes the company a lot cleaner, says Nick Heymann, William Blair, sharing his thoughts on General Electric's plans to sell most of GE Capital's asset and issue a $50 billion stock buyback program.
The "Squawk Box" crew reports former GE CEO Jack Welch likes General Electric's plan to sell most of GE Capital's assets and return proceeds to shareholders.
The "Squawk Box" crew discusses Moody's lowering of GE's senior unsecured debt to A1, and calling the downsizing a "positive" development.
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.
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.
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.
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...
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...
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...