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General Electric confirmed it was unloading the bulk of its transportation business which makes train engines to Wabtec, a U.S. manufacturer of equipment for the rail industry, in a deal valued at about $11 billion. Aleksandra Michalska reports......»»

(Reuters) - General Electric Co announced a $11.1 billion deal on Monday to merge its transportation business with U.S. rail equipment manufacturer Wabtec Corp , with GE and its shareholders owning just over half of the combined business......»»

General Electric agreed to merge its railroad business with Wabtec, in a deal valued at about $11 billion, letting GE raise some cash to fund its turnaround and shed one of its oldest operations......»»

General Electric's train engine division will tie up with railroad equipment maker Wabtec in deal worth about $11 billion as GE CEO John Flannery continues to break off parts of the conglomerate......»»

General Electric has struck a deal with Wabtec to merge the conglomerate's transportation division into a new subsidiary of Wabtec in exchange for $2.9 billion in cash in a deal valued at more than........»»

General Electric Co. (NYSE: GE) agreed to merge its transportation business, which includes its locomotives manufacturing operations, with Wabtec Corp. (NYSE: WAB) in a $11.1 billion deal, the companies announced Monday morning. One of GE's major .....»»

Wikimedia Commons General Electric's transportation business will merge with Wabtec in an $11.1 billion deal. GE shareholders will own 50.1% of the combined company. (Reuters) - General Electric Co confirmed on Monda.....»»

Shares of General Electric Co. surged 2.0% in premarket trade Monday, after the industrial conglomerate agreed to merge its GE Transportation unit with rail opera.....»»

General Electric Co. is close to a deal to sell its transporta.....»»

GE’s unraveling has wiped out roughly $140 billion in stock-market wealth in the past year, not just for big Wall Street firms but among former employees who, like many small investors, long believed the company invincible......»»

General Electric Co. Friday reported a first-quarter loss of $1.15 billion, after reporting a profit in the same period a year earlier......»»

General Electric Co. Friday reported a first-quarter loss of $1.15 billion, after reporting a profit in the same period a year earlier......»»

Companies Reporting Before The Bell General Electric Company (NYSE: GE) is projected to report quarterly earnings at $0.12 per share on revenue of $27.39 billion. read more.....»»

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

NEW YORK (Reuters) - General Electric Co said on Fri.....»»

General Electric is being dropped from its spot on the Dow Jones industrial average index and it leaves with the dubious distinction of being the worst performing Dow stock for the year to date......»»

Electric car maker Tesla's move last week to cut nine percent of its workforce will sharply downsize the residential solar business it bought two years ago in a controversial $2.6 billion deal, according to Reuters sources. Roselle Chen reports......»»

Ryan McQueeney and Maddy Johnson take on this week's biggest stories, including General Electric's (GE) departure from the Dow, Canada's marijuana legalization vote, the new tax policies affecting Amazon (AMZN), and many more! (2:35) - Dis.....»»

InvestorPlace - Stock Market News, Stock Advice & Trading Tips General E.....»»

General Electric has paid a dividend for 119 consecutive years, including during the Great Depression and the 2008 financial meltdown. Goldman Sachs thinks that streak needs to come to an end......»»