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General Electric Co


  • LONDON, May 28- General Electric Co has picked Deutsche Bank to sell Italian lender GE Capital Interbanca as part of a strategic review to refocus the U.S. conglomerate around its industrial base, two sources familiar with the matter said. Deutsche Bank could conduct a piecemeal sale and offload Interbanca's units such as lending, factoring, leasing and fleet as...

  • NEW YORK— Charter Communications agreed to buy Time Warner Cable on Tuesday for $55.33 billion. April: After more than a year, Comcast gives up on its bid to buy Time Warner Cable. November: London- based Liberty Global paid $13 billion for around 70 percent of Dutch cable provider Ziggo.

  • HAMPTON, N.H./ WASHINGTON, May 22- Hillary Clinton on Friday voiced strong support for keeping the U.S. Export-Import Bank open and accused Republican opponents who want to close the export-promoting lender of putting American jobs at risk. Some of the bank's biggest beneficiaries, including General Electric Co and Boeing Co, say closing Ex-Im will lead to the...

  • The anti-tax group Club for Growth announced the broadcast and cable TV ads Thursday morning as part of a $1 million ad campaign in eight congressional districts urging lawmakers not to reauthorize the Export-Import Bank. Late Thursday afternoon, the Club for Growth said it was pulling the ads that were set to air Friday. Neither lawmaker mentioned the Club...

  • MANCHESTER, N.H./ WASHINGTON, May 22- Hillary Clinton on Friday will voice strong support for keeping the U.S. Export-Import Bank open and accuse conservative Republicans who want to close the export-promoting lender of destroying jobs, her campaign said. The government export credit agency, which helps finance foreign purchases of U.S.-made products, has...

  • Boomers like GE, but everybody really loves... Friday, 22 May 2015 | 7:30 AM ET
    The General Electric Co. (GE) logo is displayed during the company's annual meeting.

    Baby boomers' portfolios favor General Electric more than any other stock except one, TD Ameritrade data showed.

  • WASHINGTON, May 21- The U.S. Export-Import Bank moved a step closer to avoiding closure on Thursday as Senate Republican Leader Mitch McConnell agreed to hold a vote on renewing its charter in June. The decision gives Congress a legislative vehicle to start considering the fate of the federal export credit lender, with conservative House of Representatives...

  • Traders work on the floor of the New York Stock Exchange.

    U.S. stocks closed narrowly mixed as the Fed minutes mostly confirmed market expectations for a rate hike in the second half of the year.

  • May 20- General Electric Co's chief on Wednesday gave a faster timeline for the U.S. conglomerate's massive finance asset sale as he more than doubled a target for benefits from its purchase of Alstom's power equipment business. GE, which announced plans last month to sell $200 billion in GE Capital finance assets, now expects to be largely done with the process...

  • Beware of bond bubble forming in ETFs Wednesday, 20 May 2015 | 2:08 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Should you invest in fixed income when corporations are all too eagerly selling new bonds in staggeringly large amounts? Likely not.

  • GE speeds up target for GE Capital finance asset sales Wednesday, 20 May 2015 | 11:42 AM ET

    May 20- General Electric Co expects to unload about $100 billion in GE Capital assets this year, up from its target of $90 billion previously, according to a presentation for investors on Wednesday.

  • WASHINGTON, May 19- General Electric Co would lose a $350- million deal to build locomotives for Angola, and perhaps billions of dollars more in future export opportunities, if Congress closes the U.S. Export-Import Bank, a senior GE executive told Reuters. GE, along with other major U.S. exporters including Boeing Co and business groups like the U.S. Chamber of...

  • The incredible shrinking Wall Street banks? Tuesday, 19 May 2015 | 1:46 PM ET
    A pedestrian walks past the JPMorgan Chase headquarters building in New York.

    After decades of swallowing up their smaller competitors, pressure is on for warehouse financial institutions to start divesting their businesses.

  • WASHINGTON— Conservatives dominating the GOP- controlled House said Tuesday that they are increasingly confident of killing a little-known federal agency that subsidizes overseas purchases of U.S. exports. Conservative critics say the bank provides too much of its credit assistance to help huge, well-connected corporations like The Boeing Company and...

  • Record confusion: Narrowest Dow price range ever Monday, 18 May 2015 | 12:02 PM ET
    Traders work on the floor of the New York Stock Exchange.

    The third longest-bull market in history appears to be running out of steam. Here's what to buy.

  • The 10 stocks likely to drop this summer: Goldman Friday, 15 May 2015 | 6:00 AM ET
    Traders work on the floor of the New York Stock Exchange (NYSE) on Friday.

    Goldman Sachs' options team recommended this week that clients bet against 10 stocks that look most vulnerable to summer swoons.

  • GE to sell Japan commercial finance business: Report

    General Electric is reportedly preparing to sell off its Japanese commercial finance business. CNBC's Courtney Reagan zeros in.

  • SINGAPORE, May 13- The maiden flight of China's only homegrown commercial jet, the Comac C919, is behind schedule and delivery could be pushed back as much as two years, sources familiar with the programme said, dealing a blow to its push to challenge Airbus and Boeing. China has high hopes for the C919 in the lucrative narrow-body market which accounts for more than...

  • Here’s where the real money is in drones Wednesday, 13 May 2015 | 4:21 PM ET
    A drone powered by Airware

    The real moneymaking opportunity in drones isn't what you think.

  • How to fix unfair CEO pay system: AFL-CIO president Wednesday, 13 May 2015 | 9:31 AM ET
    Richard Trumka

    Shareholders should be given the power to decide CEO pay to scale back outsized executive compensation, AFL-CIO President Richard Trumka says.