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General Electric: $31 Billion Hole That Keeps Growing

General Electric: $31 Billion Hole That Keeps Growing.....»»

Category: topSource: seekingalphaJun 19th, 2017

General Electric (GE) Doubles Down in 3D Printing, Buys SLM & Arcam

On Tuesday, digital industrial company General Electric (GE) announced plans to purchase two European 3D printing companies, Swedish-based Arcam AB and Germany???s SLM Solutions Group AG, for $1.4 billion in order to accelerate its efforts in the growing .....»»

Category: topSource: zacksSep 6th, 2016

GE Buys Two Companies for $1.4B in 3D Printing Push

General Electric announced plans on Tuesday to buy two European 3D printing groups - Sweden's Arcam and Germany's SLM Solutions - for a total of $1.4 billion to tap into manufacturers' growing demand for digital technologies......»»

Category: topSource: foxnewsSep 6th, 2016

GE"s power division planning to cut 12,000 jobs

GE Power, a division of Boston-based General Electric Co. (NYSE: GE), said Dec. 7 that it plans to cut 12,000 jobs across the globe as part of a plan to reduce costs by $1 billion in 2018. GE said the cuts are a result of challenges in the power ma.....»»

Category: topSource: bizjournalsDec 7th, 2017

GE cuts jobs in Schenectady power business

General Electric is cutting an undisclosed number of jobs in Schenectady, New York, as the company shaves $1 billion from GE Power's budget. "Based on the current challenges in the power industry and a significant decline in orders, GE Power conti.....»»

Category: topSource: bizjournalsDec 1st, 2017

GE Stock Can Fly Higher, Powered by Jet Engines

Despite struggles in several of General Electric's other business units, the steadily growing aviation segment should drive GE stock significantly higher over the next decade......»»

Category: topSource: foxnewsNov 26th, 2017

General Electric Sinks Further as DJIA’s Worst Performing Stock

GE shares sank again last week following the announcement of a 50% dividend cut and additional details about a strategic plan to sell some $20 billion in assets......»»

Category: blogSource: 247wallstNov 18th, 2017

General Electric Market Cap Down $240 Billion Last 10 Years

General Electric Market Cap Down $240 Billion Last 10 Years.....»»

Category: topSource: seekingalphaNov 15th, 2017

China Recycling Energy Surges On Trump Speculation

There were some heavy hitters involved when President Donald Trump announced $250 billion in economic deals with China this week, including Boeing Co (NYSE: BA), General Electric Co. (NYSE: GE) and QUALCOMM, Inc. read more.....»»

Category: blogSource: benzingaNov 10th, 2017

GE"s $100 billion wipeout heralds reckoning for an icon

Few people younger than 30 might remember, but General Electric was once a model of corporate greatness......»»

Category: topSource: moneycentralNov 10th, 2017

GE"s $100 billion wipeout heralds reckoning for an American icon

Few under the age of 30 might remember, but General Electric Co. was once a model of corporate greatness......»»

Category: topSource: moneycentralNov 10th, 2017

General Electric signs $3.5 bln deals in China

General Electric signed three aviation and engine deals with Chinese partners worth a total of $3.5 billion on the sidelines of a state visit to Beijing by U.S. President Donald Trump......»»

Category: topSource: foxnewsNov 9th, 2017

General Electric signs $3.5 billion deals in China

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Category: topSource: reutersNov 9th, 2017

House Faces $74 Billion Revenue Gap in Tax Bill After Amendments

House lawmakers kicked off a third day of debate on the GOP tax bill, a task made more difficult by a growing revenue hole of at least $74 billion in the plan......»»

Category: smallbizSource: wsjNov 8th, 2017

A Tale of Two GE’s

General Electric is said to be considering a dividend cut, but Baker Hughes, a GE Co. just said it would buy back $3 billion of its shares. Could a dividend hike be in its future?.....»»

Category: blogSource: barronsNov 6th, 2017

GE"s very bad week pushes 2017 stock wipeout to $100 billion

A week ago, General Electric Co.’s new boss lamented the company’s “completely unacceptable” performance. Shareholders must be feeling the same way......»»

Category: topSource: moneycentralOct 27th, 2017

Very bad week pushes GE"s 2017 stock losses to $100 billion

A week ago, General Electric Co.’s new boss lamented the company’s “completely unacceptable” performance. Shareholders must be feeling the same way......»»

Category: topSource: moneycentralOct 27th, 2017

Arconic Down 10.4% Despite Unveiling A New CEO

What the activism world is talking about Shares in Arconic were down 10.4% Monday, despite the company unveiling a new CEO and growing revenues. The company said Chip Blankenship, a 51-year-old former General Electric executive, woul.....»»

Category: blogSource: valuewalkOct 24th, 2017

General Electric profit falls, missing expectations, will cut $20 billion in businesses - USA TODAY

USA TODAYGeneral Electric profit falls, missing expectations, will cut $20 billion in businessesUSA TODAYGeneral Electric's earnings tumbled in the t.....»»

Category: topSource: googlenewsOct 21st, 2017

General Electric boss vows sweeping change as profits drop

Calling quarterly results horrible and unacceptable, General Electric's new chief executive vowed Friday to shed more than $20 billion worth of assets and hold executives accountable for failing to deliver profits......»»

Category: topSource: moneycentralOct 20th, 2017

GE vows $20 billion asset sales, "sweeping change" as profit falls

NEW YORK (Reuters) - General Electric Co's new chief executive vowed on Friday to shed more than $20 billion worth of assets and hold executives accountable for failing to deliver profits after what he called "horrible" results in the third quarter......»»

Category: topSource: reutersOct 20th, 2017