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Jeffrey Immelt

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  • PARIS, April 26- General Electric boss Jeff Immelt 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 global power arm of struggling French engineer Alstom, sources close to the matter said. Some put a $13 billion valuation on Alstom's turbines and power grid equipment business.

  • GE boss to meet French minister as Alstom deal progresses Saturday, 26 Apr 2014 | 10:17 AM ET

    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

  • GE boss to meet French minister as Alstom deal progresses Saturday, 26 Apr 2014 | 10:01 AM ET

    PARIS, April 26- General Electric boss Jeff Immelt 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 global power arm of struggling French engineer Alstom, sources close to the matter said. Some put a $13 billion valuation on Alstom's turbines and power grid equipment business.

  • NEW YORK, April 25- General Electric Co expects annual profit from energy investments to double to nearly $800 million by 2020, highlighting the conglomerate's desire to remain a financing powerhouse for industry even as it slims its credit card portfolio.

  • GE's energy financing profits could double by 2020 Friday, 25 Apr 2014 | 11:04 AM ET

    NEW YORK, April 25- General Electric Co expects annual profit from energy investments to double to nearly $800 million by 2020, highlighting the conglomerate's desire to remain a financing powerhouse for industry even as it slims its credit card portfolio.

  • European markets close: 'Oui' to GE?     Thursday, 24 Apr 2014 | 11:30 AM ET

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the possibility of GE buying turbine maker Alstom.

  • UPDATE 3-Alstom shares jump on report of GE bid Thursday, 24 Apr 2014 | 8:08 AM ET

    *Alstom shares up more than 14 percent. *GE declines to comment; Bouygues supports Alstom strategy. A deal, which would be GE's biggest ever and would hand it control of Alstom's high-speed TGV trains and rail-signal technology, has the support of Bouygues, Alstom's biggest shareholder with a 29 percent stake, the report said.

  • PARIS/ NEW YORK, April 24- Alstom said on Thursday it was not informed of any potential public tender offer for its shares, which opened 17 percent higher after Bloomberg reported that General Electric was in talks to buy the French turbine and train maker for about $13 billion.

  • UPDATE 1-GE in talks to buy France's Alstom - Bloomberg Wednesday, 23 Apr 2014 | 6:11 PM ET

    April 23- General Electric Co is in talks to buy French turbine and train maker Alstom SA for about $13 billion, Bloomberg reported, citing people with knowledge of the matter.

  • April 17- General Electric Co posted a 12 percent rise in overall industrial profits on Thursday, as strength in its businesses selling gas turbines, jet engines and oil industry equipment offset weakness in healthcare and transportation.

  • April 17- General Electric Co posted a 12 percent rise in overall industrial profits on Thursday, as strength in its businesses selling gas turbines, jet engines and oil industry equipment offset weakness in healthcare and transportation.

  • Morning six-pack: What we're reading Tuesday Tuesday, 15 Apr 2014 | 9:19 AM ET
    Protesters call for tax increases on the wealthy.

    Happy Tuesday. We interrupt our regularly scheduled springtime to bring you ... snow?

  • April 15- General Electric Co's Chief Executive Jeff Immelt may step down sooner than his expected 20- year tenure, the Wall Street Journal reported, citing people familiar with the company's thinking.

  • April 15- General Electric Co's Chief Executive Jeff Immelt may step down sooner than his expected 20- year tenure, the Wall Street Journal reported, citing people familiar with the company's thinking.

  • GE CEO spends entire $2.6M bonus on company's stock Tuesday, 4 Mar 2014 | 11:22 AM ET
    Jeff Immelt, chairman and chief executive officer of General Electric Co.

    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.

  • March 4- Warren Buffett is seeking to reassure shareholders about how his Berkshire Hathaway Inc will perform in the decades after he steps down or dies, but remains as vague as ever about succession plans. Jeff Immelt, the CEO at General Electric Co, has been unable to get his company's share price anywhere near the heights achieved by his predecessor Jack Welch.

  • EXCLUSIVE-GE seeks buyer for fuel dispenser unit-sources Thursday, 27 Feb 2014 | 12:46 PM ET

    NEW YORK, Feb 27- General Electric Co is preparing to sell its energy unit that makes fuel dispensers in a deal that is expected to fetch more than $500 million, people familiar with the matter said on Thursday. Wayne was part of Dresser Inc, the energy infrastructure company that GE bought in 2010 for $3 billion.

  • Market at new high despite some earnings misses Friday, 19 Jul 2013 | 2:49 PM ET

    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.

  • Cramer: This stock is set for a break-out Friday, 19 Jul 2013 | 10:20 AM ET

    General Electric's improving margins and strength from its sector signals that the conglomerate will be moving much higher from here, said Cramer Friday.

  • GE's Immelt: Too Much Regulation     Monday, 11 Mar 2013 | 7:44 PM ET

    Discussing whether Washington is over-regulating and suffocating American business, with CNBC Contributor Bob Lutz.