CNBC's Carl Quintanilla speaks with Jeff Immelt, GE Chairman and CEO, at the company's Minds + Machines conference about President-elect Donald Trump's potential trade policies.
The merger of Baker Hughes and GE Oil & Gas creates a new type of oilfield services firm that defies easy comparisons to peers.
Shares of Baker Hughes gave up early gains in volatile trading after the company announced it would merge with GE's oil and gas business.
CNBC's Morgan Brennan reports on the potential merge between General Electric and Baker Hughes.
The deal "gives us an opportunity to create all the synergies of a combined GE and Baker Hughes," GE's Jeff Immelt tells CNBC.
The company's shares were down 0.9 percent at $28.81 in afternoon trading on the New York Stock Exchange. GE also raised its full-year target for cash returned to shareholders to $30 billion from $26 billion and noted it had returned $25 billion in the first three quarters. The company lifted its cash flow outlook to at least $32 billion, up from a range of $29...
NEW YORK, Oct 21- General Electric Co beat analyst profit forecasts in the third quarter, but revenue growth remained sluggish, prompting the company to scale back expectations for full-year revenue and profit on Friday, sending shares sharply lower. GE raised its full-year target for cash returned to shareholders to $30 billion from $26 billion and noted it...
Jack De Gan, Harbor Advisory breaks down General Electric's quarterly results, which beat on earnings but missed on revenue. At this point I think the shares are valued fully, says De Gan.
Despite pushing proposals that sound like a corporate chieftain’s dream, the Republican nominee isn’t getting much love from his peers.
Aug 30- General Electric Co on Tuesday named Richard Laxer chief executive of GE Capital, which the conglomerate began shrinking in 2015 as part of efforts to return to its industrial roots. Since April 2015, Sherin has led the transformation of GE Capital into a smaller, more focused business, GE Chief Executive Jeff Immelt said. GE also said GE Capital will now...
GE CEO Jeff Immelt buys 50,000 GE shares, a purchase worth about $1.57M. CNBC senior markets commentator Mike Santoli and Stephanie Link, TIAA Global Asset Management, weigh in.
Nick Heymann, William Blair & Company, breaks down General Electric's quarterly results which posted EPS of $0.51 on revenues of $33.49 billion.
Legendary investor Warren Buffett spoke at length about a secret meeting held by CEOs and other top executives on improving governance principles.
The new Pokemon Go app could have positive implications for other companies, including Microsoft, CEO Satya Nadella said.
Microsoft and GE have teamed up on a new, global project — and they took aim at American trade policies Monday on CNBC.
General Electric Chairman and CEO Jeffrey Immelt, discusses priorities in investment now that the company has partnered with Microsoft's cloud business.
Microsoft CEO Satya Nadella, discusses the success of the augmented reality app Pokémon Go, and the future of gaming opportunities and "HoloLens" for technology companies.
Microsoft CEO Satya Nadella, and General Electric Chairman and CEO Jeffrey Immelt, discuss how to get growth for America's economy.
The Financial Stability Oversight Council removed GE Capital's designation as "systemically important." CNBC's Mary Thompson reports the finance arm of the firm is no longer subject to oversight by the Fed.
In the case of GE, we consider ourselves "validation capital," says Peter May, Trian Fund Management, talking about peak activism and its investment in General Electric.