All posts tagged "GE"
GE names accounting, turnaround experts to board
Boston-based multinational racked up $10 billion loss in 4th quarter and was worst-performing stock on the Dow Jones last year
- Posted February 26, 2018
GE contracted to repair Palo Seco powerplant for $4.7 million
Company built Toa Baja plant; to repair identified structural issues
- Posted October 17, 2017
GE CEO Immelt stepping down, Flannery to take over role
Will remain chairman until his retirement at the end of the year
- Posted June 12, 2017
Goldman Sachs Dips Toe into Consumer Banking
Goldman Sachs, known for financing mega-deals and servicing the ultra-wealthy, is now open to the general public. And its interest in the average American appears to be mutual as thousands of consumers have flocked to its new...
- Posted June 13, 2016
GE Gets Subpoena over Subprime Mortgage Business
Company Has Been Selling Off Most of Its Lending Operations
- Posted February 28, 2016
GE Aviation Cutting over 7 Percent of Engineering Workforce
EVENDALE, Ohio – GE Aviation is cutting 238 engineering jobs in southwestern Ohio and 69 at other U.S. sites as it trims more than 7 percent of its engineering workforce. A spokesman for the General Electric Co....
- Posted January 29, 2016
GE tops Wall Street Expectations, though Industrial Revenue Slips
General Electric topped Wall Street expectations for the fourth quarter and reaffirmed its target for 2016, but shares slipped before the opening bell as the company’s industrial revenue declined. The industrial conglomerate on Friday reported earnings of...
- Posted January 22, 2016
Chinese Buying Spree Accelerates with Takeover of GE Unit
BEIJING – Haier Group, the world’s biggest home appliance maker, is buying General Electric Co.’s appliance business for $5.4 billion to expand its U.S. and global presence. The acquisition announced Friday comes as Haier tries to transform...
- Posted January 15, 2016
GE’s new Boston Location wasn’t Always so Hot
BOSTON – Before it became a boomtown, Boston’s Seaport District – soon the new home of General Electric’s global headquarters – was a dreary backwater. Derided for decades as a soulless and barren wasteland, the eastern district...
- Posted January 14, 2016
General Electric to Move Headquarters to Boston
HARTFORD, Conn. – General Electric, one of the best known companies in corporate America, is moving its headquarters from suburban Connecticut to Boston, the company announced Wednesday. The company said it chose Boston after a consideration of...
- Posted January 13, 2016