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General Electric Co

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  • Here's the best way to bet on rising rates Tuesday, 2 Jun 2015 | 1:55 PM ET

    Banks are expected to be the biggest beneficiaries of a potential rate hike. Here's the best way to play it.

  • Unicorns that can turbocharge your portfolio Tuesday, 2 Jun 2015 | 8:00 AM ET
    Facebook Chairman and Chief Executive Mark Zuckerberg.

    Salim Ismail describes exponential companies and their impact on the economy. He is speaking at the CNBC exponential finance conference.

  • ST. PAUL, Minn., June 1- At a time when many companies are investing a smaller portion of revenues in research and development, 3 M Co has given Chief Technology Officer Ashish Khandpur more to spend, and he is aiming at bigger targets. Khandpur, a 20- year 3 M veteran and chemical engineer who holds patents related to pressure-sensitive adhesives, is helping oversee a...

  • June 1- NetJets Inc, the luxury aviation unit of Warren Buffett's Berkshire Hathaway Inc, said on Monday Jordan Hansell is stepping down as chairman and chief executive, in the midst of a bitter two-year contract dispute with its pilots. NetJets also said Bill Noe, 50, rejoined as president and chief operating officer, a position he held before leaving a few months...

  • Early movers: MSFT, AAPL, KO, MCP, ORLY & more Monday, 1 Jun 2015 | 7:50 AM ET
    A trader works on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • NEW YORK, May 31- General Electric Co has launched the sales process for a roughly $40 billion portion of its U.S. commercial lending assets as a part of its broad retreat from its finance businesses, sources familiar with the situation said on Sunday. Toronto-Dominion Bank, CIT Group Inc, Ally Financial Inc and Wells Fargo& Co are among the potential bidders for the...

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

    U.S. stocks closed lower on the last trading day of the month, as investors digested data and remained cautious on continued concerns about Greece.

  • 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...

  • Early movers: BRCM, COST, EXPR, ANF & more Thursday, 28 May 2015 | 7:52 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • Why we’re frustrated with Congress: GE Monday, 25 May 2015 | 4:52 AM ET

    The U.S. has missed out by deciding to not join a China-led international investment bank, a senior executive at General Electric told CNBC.

  • 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...

  • 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...

  • Making wine from wastewater: No, it's not a joke Friday, 22 May 2015 | 12:00 PM ET
    Green Island Vineyards grows Pinot Noir grapes for top Napa Valley wineries, and uses treated wastewater to irrigate.

    "California has a lot of growing up to do on how to use water well," says a Napa wine grape grower who uses recycled wastewater to irrigate his vines.

  • 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...