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News Topic - General Electric

RSS feedDisplaying articles 1 - 10 of most recent articles

Why breaking up General Electric might be hard to do A new $6.2 billion post-tax charge provides another reason for the conglomerate to consider a breakup. But the value of G.E.s businesses may make it hard to do.
MSN Money | 41 minutes ago | comment? | recommend
GE Rout Deepens as $6.2 Billion Charge Reignites Investor Dread General Electric Co.s share slide deepened after a $6.2 billion charge and comments by Chief Executive Officer John Flannery renewed talk of a potential breakup.
MSN Money | 41 minutes ago | comment? | recommend
GE CEO Flannery's talk of breakup raise hope, concerns for GE Healthcare General Electric CEO John Flannerys newsworthy remarks Tuesday that GE leaders might break up the company are both positive and concerning for GE Healthcare.
bizjournals.com | 9 hours, 24 minutes ago | comment? | recommend article from Milwaukee, Wisconsin
GE's 2018 gains wiped out as worries about turnaround plan persist (Reuters) - Shares of General Electric Co continued its slide on Wednesday and wiped out all its gains in 2018, a day after the U.S. industrial conglomerate announced more than $11 billion in charges and hinted about a potential breakup.
Reuters | 11 hours, 43 minutes ago | comment? | recommend
GE to pay $15B for past mistakes amid breakup speculation General Electric Co. will pay $15 billion to make up for the miscalculations of an insurance subsidiary as a new regime weighs future changes that could culminate in a breakup of a company conceived in the industrial age.
CityBusiness | 13 hours, 2 minutes ago | comment? | recommend article from New Orleans, Louisiana
Break-up of General Electric unlikely to reveal pot of gold Good chance full or partial spin-offs will add little or nothing to value, say analysts
Financial Times | 17 hours, 15 minutes ago | comment? | recommend
GE taps new CEO for company's European region Boston-based General Electric Co. said on Wednesday that it named Peter Stracar as president and CEO of the company's European region. He succeeds Mark Hutchinson who announced his retirement from GE effective Jan 1. Stracar will report to Alex Dimitrief,
bizjournals.com | 18 hours, 10 minutes ago | comment? | recommend article from Boston, Massachusetts
Five things you need to know today, and the most stressful jobs Good morning, Boston! Here are the five most important things you need to know to help start your busy business day: Analysts: Break up GE? Not a good idea General Electric Co. CEO John Flannery said on an analyst call yesterday that he is considering spl
bizjournals.com | 19 hours, 21 minutes ago | comment? | recommend article from Boston, Massachusetts
Photo from New York Times
Breakingviews: Why Breaking Up General Electric May Be Hard to Do A fresh $6.2 billion post-tax charge provides another reason for the conglomerate to consider a breakup. But the value of G.E.'s businesses may make it hard to do.
New York Times | Jan 17, 2018 12:53 AM [GMT] | comment? | recommend
Photo from USA Today
GE to take $11 billion hit in Q4 General Electric shares fell after the company said it will take a $11 billion charge in fourth quarter for tax changes and its insurance portfolio. Aleksandra Michalska reports. Video provided by Reuters
USA Today | Jan 17, 2018 12:04 AM [GMT] | comment? | recommend