Last year was a great one for many high-yielding stocks, and investment managers are hoping for something close to that in 2015.» Read More
The U.S.'s decision to close its Export-Import Bank would damage U.S. companies trying to do business in Africa, GE's Jeff Immelt said.
*Shares touch low of $22.60, below IPO price of $23. July 31- General Electric Co's credit card unit, Synchrony Financial, made a muted debut on the New York Stock Exchange on Thursday as investors remained ambivalent about the chances of a consumer-led U.S. economic recovery.
*Shares touch a high of $24, above IPO price $23. July 31- General Electric Co's credit card unit, Synchrony Financial, made a muted debut on the New York Stock Exchange on Thursday as investors remained ambivalent about the chances of a consumer-led U.S. economic recovery.
July 31- General Electric Co's credit card unit, Synchrony Financial, made a muted debut on the New York Stock Exchange on Thursday as investors remained ambivalent about a consumer-led U.S. economic recovery. Synchrony's shares touched a high of $24 before slipping to $22.75, just below the offer price of $23 per share.
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.
Former Honeywell chairman & CEO Larry Bossidy, shares his thoughts on the push to re-authorize the Export-Import Bank.
CNBC has learned that the revised proposal would create three energy joint ventures between GE and the French multinational.
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.
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.
Companies are reconsidering their approach to listings as enthusiasm for once-booming biotech and social media offerings has wavered. The FT reports.
GE has agreed to push back a deadline for Alstom's board to vote on its offer for the company's power business, at the request of the French government.
While most of them rightfully boast accomplishments and gains, some CEOs took the opportunity this year to shine a light on the not-so-great events of the past year.
GE's $13.5 billion bid for a French energy group would make the U.S. company the biggest industrial player in emerging markets, CEO Jeff Immelt says.
Jeffrey Immelt, General Electric chairman & CEO, discusses how the synergies between GE and Alstrom will likely drive earnings and increase the company's industrial mix.
General Electric hopes that three letters - CFM - will convince French leaders to back its offer to rescue Alstom.
GE boss is due in Paris on Sunday and is expected to meet France's economy minister as he closes in on a deal to buy the power arm of French engineer Alstom
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the possibility of GE buying turbine maker Alstom.
Happy Tuesday. We interrupt our regularly scheduled springtime to bring you ... snow?
General Electric CEO Jeff Immelt purchased $2.6 million of the conglomerate's shares, following a rough start for the company's stock price in 2014.
Earnings so far: not so great, but we promise they'll be better in the second half! That's the bottom line from some companies this morning: sound familiar? The mess from Microsoft (MSFT) and Google (GOOG) is being muted by modest beats from big Industrial companies.