Industrial Conglomerates Jeffrey Immelt

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  • PARIS, Jan 26- French utility EDF said on Tuesday it had signed a preliminary agreement with Nuclear Power Corp of India Ltd to build six nuclear reactors at Jaitapur, in the west of India. EDF said that in the next few months it would continue work started by Areva and NPCIL to secure certification for the European Pressurised Reactor reactor in India and to...

  • The U.S. conglomerate plans to spend $3.4 billion on restructuring measures this year, double the $1.7 billion it targeted just last month, Chief Financial Officer Jeff Bornstein said in an interview just hours after the company reported lower-than-expected quarterly revenue. Investors sent GE shares down 1.8 percent to $28.07 on the New York Stock...

  • *A blow to Connecticut, where GE was based for 42 years. NEW YORK, Jan 13- General Electric Co said on Wednesday it will move its global headquarters to Boston, tapping the city's technology talent and likely lowering its tax bill as the industrial conglomerate seeks to lift profit and emphasize digital capabilities. Massachusetts spends more on research and...

  • NEW YORK, Jan 13- General Electric Co said on Wednesday it will move its global headquarters to Boston, tapping the city's technology talent as the industrial conglomerate seeks to emphasize its digital capabilities. Massachusetts spends more on research and development than any other region in the world, and Boston attracts a diverse,...

  • NEW YORK, Jan 13- General Electric Co said on Wednesday it will move its global headquarters to Boston and sell its offices in Fairfield, Connecticut, and Rockefeller Plaza in New York City. The decision caps a search that began last summer as Connecticut lawmakers passed a budget that increased taxes by $1.2 billion over two years, drawing protests from some of...

  • NEW YORK, Jan 13- General Electric Co is set to move its global headquarters to Boston from its current location of Fairfield, Connecticut, the Boston Globe reported on Wednesday, citing a source familiar with the situation. Should the move to Boston come to fruition, GE's move is a blow to Connecticut which in December reduced corporate taxes in order to thwart...

  • NEW YORK, Dec 14- General Electric Co shares are trading at their highest valuation in more than a decade, reversing discounts to other industrial rivals and adding pressure on the U.S. conglomerate to show it can drive profits in line with its newfound market premium. After a big run this year, GE shares sit at 20 times forward 12- months earnings projections, their...

  • GE's transformation fantastic for investors: Keith Sherin

    Keith Sherin, GE Capital chairman & CEO, discusses the benefits of General Electric exiting the last of its equity stake in Synchrony Financial as the industrial giant continues to wind down its financial services business.

  • I 'like' GE's quarter: Cramer Friday, 16 Oct 2015 | 9:01 AM ET
    I 'like' GE's quarter: Cramer

    CNBC's Jim Cramer explains why he likes what he sees in General Electric's quarterly numbers.

  • GE earnings a hit and a miss, shares tip Friday, 16 Oct 2015 | 8:03 AM ET
    GE earnings a hit and a miss, shares tip

    I think this is more profit-taking than anything else, says Steven Winoker, Sanford C. Bernstein analyst, breaking down General Electric's quarterly results and weighing in on why he likes the stock at these levels and sees more upside potential.

  • GE posts mixed quarterly results Friday, 16 Oct 2015 | 6:42 AM ET
    GE posts mixed quarterly results

    Nick Heymann, William Blair analyst, breaks down General Electric's quarterly numbers, which beat on earnings but missed on revenue.

  • Bellwether General Electric profit beat Friday, 16 Oct 2015 | 6:42 AM ET
    Bellwether General Electric profit beat

    General Electric is at its best levels in 7 years after the company's quarterly numbers, reports CNBC's Mary Thompson.

  • Top blogger: Buy GE on pullbacks Wednesday, 14 Oct 2015 | 11:02 AM ET
    GE General Electric

    David Alton Clark, a top-ranked blogger, believes shares of GE may be entering overbought territory. Here's how to play it.

  • GE combines technologies into energy efficiency company Wednesday, 7 Oct 2015 | 10:39 AM ET

    Oct 7- General Electric Co said on Wednesday it had started a company to focus on energy efficiency to help corporate and other customers lower their energy bills and better manage power distribution. The company, which will be run by Maryrose Sylvester, who has been president of GE Lighting, will begin with $1 billion in revenue, and is expected to grow to $5...

  • Cramer Remix: What Ellen Kullman should have done Monday, 5 Oct 2015 | 6:57 PM ET
    Jim Cramer on Mad Money.

    “Mad Money” host Jim Cramer is reflecting on the retirement of DuPont's CEO Ellen Kullman.

  • Cramer: Peltz could double GE's stock Monday, 5 Oct 2015 | 6:36 PM ET
    Nelson Peltz at Delivering Alpha 2015 in New York on July 15, 2015.

    Jim Cramer makes the case why Trian's investment in General Electric could send the stock higher.

  • Oct 5- Activist investor Nelson Peltz's fund has bought a $2.5 billion stake in General Electric Co, adding fresh pressure on the U.S. conglomerate to shift away from finance operations toward its industrial roots. Shares of Dow industrials component GE rose 4 percent to $26.48 in morning trading on Monday after Peltz's Trian Fund Management disclosed its...

  • Oct 5- Nelson Peltz's Trian Fund Management said it bought $2.5 billion in shares of General Electric Co since May, making it one of the top 10 shareholders in the industrial conglomerate. "Trian believes GE has significant long-term potential and that its implied target value per share, including dividends, could be $40 to $45 by the end of 2017 based on our view...

  • Trian takes $2.5B stake in GE Monday, 5 Oct 2015 | 7:21 AM ET
    Trian takes $2.5B stake in GE

    Steven Winoker, Sanford Bernstein analyst, weighs in on Nelson Peltz's big bet on General Electric.

  • Oct 5- Nelson Peltz's Trian Fund Management has accumulated $2.5 billion in General Electric shares since May- a roughly 1 percent stake- making it one of the company's top 10 shareholders, the Wall Street Journal reported. GE shares closed at $25.47 on Friday on the New York Stock Exchange. The U.S. conglomerate said in April it would seek to sell some $200 billion...