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Retirement Shock: Need to Find a Job After 40 Years at General Electric

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......»»

Category: smallbizSource: wsjApr 22nd, 2018

General Electric 1Q performance beats analysts" expectations

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

Category: topSource: foxnewsApr 20th, 2018

GE: 1Q Earnings Snapshot

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

Category: topSource: foxnewsApr 20th, 2018

Earnings Scheduled For April 20, 2018

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.....»»

Category: blogSource: benzingaApr 20th, 2018

General Electric Q1 sales $28.66 billion vs. $26.88 billion year ago

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......»»

Category: topSource: marketwatchApr 20th, 2018

GE takes $4.2 billion charge, restates earnings

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

Category: topSource: reutersApr 13th, 2018

GE to Sell Part of Health-Care Division to Veritas Capital for $1.05 Billion

General Electric Co. has reached a deal to sell part of its health-care information-technology business to private-equity firm Veritas Capital for $1.05 billion in cash, the latest move from the conglomerate to streamline its operations......»»

Category: smallbizSource: wsjApr 2nd, 2018

GE Healthcare to sell IT unit to Veritas for $1.05 billion

General Electric Co's healthcare unit said on Monday it would sell its information technology business to private equity firm Veritas Capital for $1.05 billion in cash as it sharpens its focus on smart diagnostics and connected devices......»»

Category: topSource: moneycentralApr 2nd, 2018

GE Healthcare to sell IT unit to Veritas for $1.05 billion

(Reuters) - General Electric Co's healthcare unit said on Monday it would sell its information technology business to private equity firm Veritas Capital for $1.05 billion in cash as it sharpens its focus on smart diagnostics and connected devices......»»

Category: topSource: reutersApr 2nd, 2018

GE sells off part of health care division for $1B

General Electric has spun out part of its health care business, selling the Value-Based Care Division for $1.05 billion to private equity firm Veritas Capital. The Boston-based company announced the plan Monday afternoon, bringing GE’s (NYSE: GE) .....»»

Category: topSource: bizjournalsApr 2nd, 2018

GE"s $24 billion buyback boondoggle

General Electric is seriously strapped for cash. The conglomerate has laid off workers, slashed its dividend and put long-held businesses up for sale......»»

Category: topSource: cnnMar 23rd, 2018

From General Motors to Hyundai Motor, how companies are going electric

Daimler AG is investing €10 billion in electric and hybrid technology and is preparing to launch the EQ electric car.....»»

Category: topSource: business-standardMar 22nd, 2018

Sales of Pet Food Are Growing Faster Than Packaged Human Food Right Now

And it’s driving a hunger for acquisitions. Foodmakers are finding dogs (and cats) to be their best friends. When General Mills recently announced an $8 billion deal for Blue Buffalo Pet Pro.....»»

Category: europeSource: fortuneMar 21st, 2018

VW assigns $25 billion in battery orders in electric car drive - Reuters

ReutersVW assigns $25 billion in battery orders in electric car driveReutersfor its growing electric car programme, adding further pressure on U.S. pioneer Tesla (TSLA.O). Until its “die.....»»

Category: topSource: googlenewsMar 13th, 2018

Volkswagen assigns $25 billion in battery orders in electric car drive

BERLIN (Reuters) - Volkswagen has picked partners to provide battery cells and related technology worth around 20 billion euros ($25 billion) for its growing electric car program, adding further pressure on U.S. pioneer Tesla ......»»

Category: topSource: reutersMar 13th, 2018

GE explores divesting electrical engineering business: sources

General Electric Co is exploring a sale of the electrical engineering business which it acquired for $3.2 billion in 2011, as the U.S. industrial conglomerate continues to shed unwanted assets, according to four people familiar with the matter......»»

Category: topSource: moneycentralMar 9th, 2018

Dark clouds dim General Electric"s light even more

General Electric restated earnings for 2016 and 2107 due to an accounting scandal, the latest in a growing list of troubles for the once-storied industrial conglomerate......»»

Category: videoSource: reutersFeb 26th, 2018

General Mills Forays Into Pet Food With Blue Buffalo Buyout

The U.S. pet food market is a $30 billion industry, growing in the 3-4% range each year. Hence, the General Mills' (GIS) $8 billion Bl.....»»

Category: worldSource: nytFeb 26th, 2018

General Mills, Maker of Cheerios, Now Wants to Feed Your Dog, Too

General Mills has agreed to buy Blue Buffalo Pet Products for about $8 billion, as the food giant looks for a piece of the fast-growing natural pet-food market......»»

Category: smallbizSource: wsjFeb 23rd, 2018

General Mills to buy Blue Buffalo pet food for $8 billion

General Mills, which is best known for cereal brands like Cheerios and Wheaties, is branching into the fast-growing pet food business with a multi-billion dollar acquisition......»»

Category: topSource: cnnFeb 23rd, 2018