×

Industrial Conglomerates Jeffrey Immelt

  • Pedestrians pass the New York Stock Exchange (NYSE) in New York.

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

  • MONTERREY, Mexico, May 12- General Electric on Friday praised Mexico as a big part of its future and said the company is "very supportive" of the North American Free Trade Agreement that U.S President Donald Trump has threatened to ditch. Immelt sits on a Trump-appointed manufacturing council that Mexico has targeted for lobbying as Mexico and Canada push U.S....

  • MONTERREY, MEXICO, May 12- General Electric Co's chief executive on Friday praised Mexico as a big part of its future growth and said the company is "very supportive" of the North American Free Trade Agreement that U.S President Donald Trump has threatened to ditch. Chief Executive Jeff Immelt, on a visit to Mexico, did not mention GE's interest in ramping up...

  • Immelt met with Mexico's President Enrique Pena Nieto in Mexico City and will spend a few days in Latin America's No. 2 economy at a time of tension between the neighboring countries and major trading partners. "Immelt ratified the company's confidence in Mexico and its national industry, by expressing his interest in doubling purchases from national...

  • GROVE CITY, Penn., May 12- At a General Electric Co factory in this rural town, Keith Spahn, 60, used to take measurements of parts from railroad locomotives that are in for repair by hand. The $4 billion GE has spent on developing digital products ranging from tiny sensors in jet engines to augmented reality and software that can crunch large volumes of data- is on the...

  • Trucks from Mexico wait to enter the United States at a border crossing point.

    A border adjustment tax "would actually lead to more unemployment and would lead to a tremendous disruption," Matt Rubel told CNBC.

  • An employee of General Electric works on a gas turbine at the GE plant in Belfort, France.

    General Electric reported earnings of 21 cents a share on revenue of $27.66 billion.

  • The maker of jet engines, power plants and other industrial equipment also reported a negative $1.6 billion in cash flow from industrial operating activities compared with a negative $600 million it expected for the quarter due to a $1.3 billion increase in working capital and the timing of bills to customers. "There was immediate disappointment that cash...

  • The maker of jet engines, power plants and other industrial equipment also reported a negative $1.6 billion in cash flow from industrial operating activities compared with a negative $600 million it expected for the quarter due to a $1.3 billion increase in working capital and the timing of bills to customers. The stock has outperformed the sector in recent...

  • NEW YORK, April 21- General Electric Co reported on Friday that first-quarter cash flow from its industrial operations turned negative and was less than the company expected, though its earnings and revenue exceeded analyst estimates. The stock has outperformed the sector in recent weeks and that could make the shares "less favorable in the current risk-on...

  • GE earnings beat 'a great report': Pro

    Investors should focus on three simple metrics: organic revenue growth, industrial operating margins, and share count, says Jack De Gan, Harbor Advisory Corp., breaking down General Electric's quarterly numbers and providing his outlook on the company.

  • The building in Washington, D.C. that houses the Export-Import Bank.

    President Donald Trump plans to revive the hobbled Export-Import Bank of the United States, his office said.

  • WASHINGTON, April 12- President Donald Trump plans to revive the hobbled Export-Import Bank of the United States, his office said, a victory for American manufacturers like Boeing Co and General Electric Co which have overseas customers that use the agency's government-backed loans to purchase their products. Trump's picks must gain approval from the...

  • "We can no longer have massive trade deficits and job losses," he wrote, adding in apparent reference to U.S. firms manufacturing in China: "American companies must be prepared to look at other alternatives. Despite a string of U.S.- China meetings and conversations that have appeared aimed at mending ties after strong criticism of China by Trump during his...

  • "We can no longer have massive trade deficits and job losses," he wrote, adding in apparent reference to U.S. firms manufacturing in China: "American companies must be prepared to look at other alternatives. Despite a string of U.S.- China meetings and conversations that have appeared aimed at mending ties after strong criticism of China by Trump during his...

  • March 22- General Electric Co said it expected to cut costs and boost operating profit in its industrial unit and linked the bonuses of its senior management to meeting these goals, as it bows to pressure from Nelson Peltz's Trian Fund Management. The company said on Wednesday it expected industrial structural costs of $23.9 billion in 2017 and $22.9 billion in...

  • Cramer's Mad Dash: GE sets new profit target

    Jim Cramer explains why he is keeping an eye on shares of General Electric after the industrial giant ties bonuses to profit targets.

  • Jeff Immelt

    Sources close to GE are telling Fox Business that CEO Jeffrey Immelt is being "pushed into early retirement" by an activist investor.

  • Feb 27- The United States is "diverging" from the rest of the world and will be "less of a leader in trade", General Electric Co Chief Executive Jeffrey Immelt said in a letter to shareholders. President Donald Trump has vowed to stop U.S. manufacturing from disappearing overseas and in January formally withdrew the United States from the 12- nation Trans-Pacific...

  • Caterpillar Inc, United Technologies Corp, Dana Inc, 3 M Co and General Electric Co, are offshoring work to Mexico, China, India and other countries, according to a Reuters review of U.S. Labor Department records. Executives from the five companies are among a group of business leaders due to meet with Trump on Thursday to discuss how to help the president deliver on...