Industrial Conglomerates Jeffrey Immelt

  • Nov 12- Private equity firm Veritas Capital and hedge fund Elliott Management are buying Athenahealth Inc for about $5.7 billion, the U.S. healthcare software maker said on Monday. In May Elliott made an unsolicited offer of $160 per share to buy Athenahealth. Once the deal is complete, Athenahealth will merge with Virence Health, the former GE Healthcare unit...

  • Nov 12- Private equity firm Veritas Capital and hedge fund Elliott Management are buying Athenahealth Inc for about $5.7 billion, the U.S. healthcare software maker said on Monday. In May Elliott made an unsolicited offer of $160 per share to buy Athenahealth. Once the deal is complete, Athenahealth will merge with Virence Health, the former GE Healthcare unit...

  • The acquisition values Athenahealth at $135 per share in cash.

  • Oct 12- General Electric Co put off publication of its third-quarter results by almost a week on Friday to allow new Chief Executive Officer Larry Culp to complete business reviews and site visits. Culp took over earlier this month from John Flannery, who was ousted after a year in charge at one of the United States' oldest industrial companies, which has been...

  • Former GE CEO Jeff Immelt speaking in San Francisco

    CNBC's Dominic Chu reports on a speech being presented by former General Electric CEO Jeff Immelt at the Cloudflare Internet Summit in San Francisco.

  • John Flannery, chief executive officer of GE.

    Jim Cramer says that while General Electric's CEO replacement was a win for the stock, it could mean the company's situation is more dire than previously thought.

  • *GE to take roughly $23 billion non-cash charge on power unit. Oct 1- General Electric Co ousted Chief Executive Officer John Flannery in a surprise move on Monday, replacing him with outsider and board member Larry Culp, and said it would take a roughly $23 billion charge to write off goodwill in its power division, primarily from a large 2015 acquisition.

  • Oct 1- General Electric Co ousted Chief Executive Officer John Flannery in a surprise move on Monday, replacing him with outsider and board member Larry Culp, and said it would take a roughly $23- billion charge to write off goodwill in its power division, primarily from a large 2015 acquisition. The shares had more than halved since Flannery, a three-decade GE...

  • A production assembly mechanic prepares to install a bracket on a CFM56-7 jet engine at General Electric Co.'s GE Aviation factory in Cincinnati, Ohio, June 25, 2014.

    Analysts across the Street issued their own assessments of GE's chief executive shuffle Monday morning.

  • Oct 1- General Electric Co ousted Chief Executive Officer John Flannery in a surprise move on Monday, replacing him with outsider and board member Larry Culp, and said it would take a roughly $23- billion charge to write off goodwill in its power division, primarily from a large 2015 acquisition. The shares had more than halved since Flannery, a three-decade GE...

  • Oct 1- General Electric Co ousted Chief Executive Officer John Flannery in a surprise move on Monday, replacing him with outsider and board member Larry Culp, and said it would take a roughly $23- billion charge to write off goodwill in its power division, primarily from a large 2015 acquisition. The shares had dropped more than half since Flannery became CEO in...

  • Jim Cramer on "Mad Money."

    CNBC's Jim Cramer says new GE chief Lawrence Culp is telling everyone that "everything is on the table" to try to revive the fallen industrial giant.

  • GE Healthcare Life Sciences CEO Kieran Murphy

    Murphy, 55, is probably one of the fastest rising stars at GE that no one's ever heard of. He's quickly climbed the ranks and is now tasked with spinning out GE Healthcare into a separate company, which doesn't come without some risks.

  • General Electric stock hit its lowest point since July 2009 this morning. GE is down 32 percent in 2018, despite a new CEO and turnaround plan.

  • General Electric is the only earnings report that matters right now, strategist says

    GE is said to have hired an investment bank to organize an auction for its digital assets.

  • July 30- General Electric Co has hired an investment bank to organize an auction for its digital assets, the Wall Street Journal reported on Monday citing people familiar with the matter. The Wall Street Journal report did not reveal the exact assets for sale or the potential deal value. Former GE Chief Executive Jeff Immelt invested more than $4 billion in GE...

  • GE finally a buy

    Jim Cramer says shares of General Electric are finally finding a bottom thanks to CEO John Flannery's turnaround strategy.

  • John Flannery, GE

    Jim Cramer says shares of General Electric are finally finding a bottom thanks to CEO John Flannery's turnaround strategy.

  • Cramer: GE's stock is finally a buy

    Jim Cramer says shares of General Electric are finally finding a bottom thanks to CEO John Flannery's turnaround strategy.

  • "This is really the culmination of 10 years of observations I've had about the company," said Chief Executive John Flannery, a GE veteran who took the helm in August with a mandate to revamp the company. GE said its plan will strengthen its balance sheet by reducing debt, building up cash and further shrinking GE Capital. Shareholders will receive 80 percent of the...