Ge

GE completes buyout of French energy firm

Benjamin Mallet and Ankit Ajmera, Reuters
November 2, 2015
French group Alstom said it had completed the €12.35 billion ($13.6 billion) sale of its energy business to General Electric Co.

Global weakness hurting 2016 outlook

David Randall, Reuters
October 26, 2015

U.S.

GE to sell finance unit to Wells Fargo

Ankit Ajmera, Reuters
October 13, 2015
General Electric Co said it will sell its commercial lending and leasing businesses worth more than $30 billion to Wells Fargo & Co as the industrial conglomerate shifts its focus back on the manufacturing businesses.

Fortune 500 holds $2.1 trillion overseas

David Alexander, Reuters
October 6, 2015
The 500 largest American companies hold more than $2.1 trillion in accumulated profits offshore to avoid U.S. taxes and would collectively owe an estimated $620 billion in U.S. taxes if they repatriated the funds, according to a study released on Tuesday.

GE gets green light to buy Alstom

Foo Yun Chee, Reuters
September 8, 2015
General Electric won European Union antitrust clearance on Tuesday to buy Alstom's power unit after agreeing to sell some of the French company's assets to Italian competitor Ansaldo Energia.

Japanese banks among bidders for GE's local finance unit

Reuters
September 4, 2015
Japanese banks are among bidders for General Electric Co.'s local commercial lending and leasing operation, sources told Reuters on Friday.

GE embraces big data

Richard Clough, Bloomberg
October 9, 2014
General Electric Co. expects to generate more than $1 billion in sales this year from its growing business of helping customers use data collected from industrial equipment.

6 tech advancements changing the fossil fuels game

OilPrice.com Premium Analysts
July 18, 2013
Oil and gas is getting bigger, deeper, faster and more efficient, with new technology chipping away at “peak oil” concerns. While hydraulic fracturing has been the most visible revolutionary advancement, other high-tech developments are keeping the ball rolling.

GE in talks to acquire defense company Avio SpA

Canaccord Genuity Morning Coffee
November 26, 2012
General Electric is in talks to acquire Italian defense company Avio SpA from private equity firm Cinven, after Cinven refused a previous offer from two other private-equity firms.

U.S. stocks retreat as results from GE, Microsoft disappoint

Nikolaj Gammeltoft and Rita Nazareth, Bloomberg
October 19, 2012
U.S. stocks fell, sending benchmark indexes toward their biggest declines since June, as Microsoft Corp. and General Electric Co. results missed estimates and euro-area leaders failed to discuss aid for Spain at a summit.