Alstom SA has pleaded guilty and will pay $772 million in criminal penalties to settle bribery charges with the U.S. Justice Department.» Read More
LONDON, Dec 19- About five years ago, General Electric Co, the largest Western player in Russia's market for medical equipment, uncovered pervasive corruption in its Russian business. Customs data show that since 2011 GE has made almost all its exports to Russia through a wholly-owned GE subsidiary in Moscow, which then supplies the local market.
MOSCOW/ LONDON, Dec 19- Russia pays hugely inflated prices for vital medical equipment made by Western companies, in part because some manufacturers channel sales through obscure intermediary companies, a Reuters examination has found. An analysis of 20,000 transactions dated between January 2006 and July 2013 found that international companies sold...
General Electric Co. rose$. 71 or 2.9 percent, to $25.14. Snap-On rose $2.72 or 2.0 percent, to $136.95. Whirlpool Corp. rose $1.59 or. 8 percent, to $190.52.
WASHINGTON— U.S. regulators have labeled insurer MetLife as a potential threat to the financial system, a designation that brings stricter government oversight. MetLife said Thursday that the Financial Stability Oversight Council has designated the company as "systemically important." As a result, MetLife must increase its cushion of capital against...
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. AT&T Inc. rose 2.6 percent to $33.51 with 37,104,300 shares traded. Alcoa Inc. rose 4.9 percent to $15.78 with 28,998,100 shares traded.
General Electric Co. rose$. 53 or 2.1 percent, to $24.96. Snap-On rose $2.01 or 1.5 percent, to $136.24. Whirlpool Corp. rose $2.19 or 1.2 percent, to $191.12.
General Electric Co. rose$. 44 or 1.8 percent, to $24.87. Snap-On rose $1.84 or 1.4 percent, to $136.07. Whirlpool Corp. fell$. 29 or. 2 percent, to $188.64.
Dec 18- U.S. industrial conglomerate General Electric Co plans to release its first feature film through video streaming devices like Roku and Apple TV in a marketing effort that raises the bar for sponsored content. In addition, GE will launch other videos to complement the film, such as interviews with Nas and a segment with former Grateful Dead drummer Mickey...
General Electric Co. rose$. 17 or. 7 percent, to $24.66. Snap-On rose $1.70 or 1.3 percent, to $134.23. Whirlpool Corp. rose $14.50 or 8.3 percent, to $188.93.
General Electric Co. rose$. 07 or. 3 percent, to $24.56. Snap-On fell$. 30 or. 2 percent, to $132.23. Whirlpool Corp. rose $9.17 or 5.3 percent, to $183.60.
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. AT&T Inc. rose 1.6 percent to $32.67 with 28,143,000 shares traded. Bank of America Corp. rose 3.2 percent to $17.26 with 89,206,900 shares traded.
General Electric Co. fell$. 06 or. 2 percent, to $24.44. Snap-On rose$. 06 or percent, to $132.59. Whirlpool Corp. rose$. 37 or. 2 percent, to $174.80.
General Electric would like Russia to be in better shape now but also likes it for the long term, Chief Executive Jeff Immelt said on Wednesday.
General Electric Co. fell$. 10 or. 4 percent, to $24.49. Snap-On fell$. 04 or percent, to $132.53. Whirlpool Corp. fell $8.93 or 4.9 percent, to $174.43.
*Expects 2015 earnings $1.70- $1.80/ share vs est $1.79. NEW YORK, Dec 16- General Electric Co gave a 2015 profit forecast range on Tuesday that barely included Wall Street's target as the U.S. conglomerate braced for a "sluggish" oil and gas sector due to plunging crude prices. "We're really planning the company for a sluggish oil and gas sector in' 15," Chief Executive...
Check out which companies are making headlines after the bell Tuesday: American Apparel, Darden & more.
General Electric offered on Tuesday conservative full-year earnings-per-share guidance that came in at the low end of analysts' expectations.
*Expects 2015 earnings $1.70- $1.80/ share vs est $1.79. NEW YORK, Dec 16- General Electric Co said it expects profit from its industrial units to rise by at least 10 percent in 2015, helped by its power and water, aviation and energy management businesses. Earlier this year, it struck a $16.9 billion deal to buy the power business of France's Alstom SA.
NEW YORK, Dec 16- General Electric Co said it expects profit from its industrial units to rise by at least 10 percent in 2015, helped by its power and water, aviation and energy management businesses. Earnings from its industrial units are expected to be $1.10- $1.20 per share next year, the conglomerate said in a presentation on Tuesday at an investor meeting in New...
NEW YORK, Dec 16- General Electric Co said it expects profit from its industrial units to rise by at least 10 percent in 2015, as the conglomerate cuts reliance on its financial services business. Earnings from its industrial units are expected to be $1.10- $1.20 per share next year, the company said in an investor presentation. The company forecast 2015 earnings...