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General Electric Co (GE.N)

GE.N on New York Stock Exchange

14.49USD
21 Feb 2018
Change (% chg)

$-0.25 (-1.70%)
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UPDATE 1-GE eyes $4 bln in asset sales, has no plans to sell stock -CFO

NEW YORK, Feb 21 General Electric Co has "line of sight" on the first $4 billion in asset sales under its plans for $20 billion in disposals, the company's chief financial officer said on Wednesday, while dismissing talk about selling shares to raise capital.

UPDATE 2-General Electric affirms commitment to Baker Hughes, shares rise

HOUSTON, Feb 21 Shares of General Electric Co's Baker Hughes rose on Wednesday after the parent company said it would not shed its holdings in the oilfield services business before the expiration of a two-year lockup period, reversing an earlier stance that had cast uncertainty around the stock.

BRIEF-GE Says Has Come Up With List Of Assets, As Part Of $20 Bln Divestiture Target - Citi Conf

* GE CFO JAMIE MILLER SAYS POWER BUSINESS FEELS ABOUT THE SAME AS CO EXPECTED FOR 2018, MAYBE A LITTLE WORSE, VERSUS CO'S NOVEMBER GUIDANCE - CITI CONF‍​

General Electric affirms commitment to Baker Hughes, shares jump

HOUSTON, Feb 21 General Electric Co on Wednesday said it had no plans to exit its investment in oilfield services firm Baker Hughes, A GE Company, before a two-year lockup period.

GE CFO says no plans for an equity raise; "not discussed"

NEW YORK, Feb 21 General Electric Co Chief Financial Officer Jamie Miller said on Wednesday that the industrial conglomerate has no plans to raise equity to strengthen its balance sheet, dismissing speculation about such a move.

General Electric digital executive jumps to analytics firm Uptake

NEW YORK U.S. analytic software firm Uptake Technologies is set to announce it has hired one of General Electric Co's top digital executives as it pursues a potential trillion-dollar market for systems that analyze data from industrial equipment, according to people familiar with the matter.

General Electric digital exec jumps to analytics firm Uptake

NEW YORK, Feb 21 U.S. analytic software firm Uptake Technologies is set to announce it has hired one of General Electric Co's top digital executives as it pursues a potential trillion-dollar market for systems that analyze data from industrial equipment, according to people familiar with the matter.

Exclusive - GE exploring industrial gas engine business sale: sources

General Electric Co is exploring a sale of its industrial gas engine business that could be worth as much as $2 billion, according to people familiar with the matter.

Exclusive: GE exploring industrial gas engine business sale - sources

General Electric Co is exploring a sale of its industrial gas engine business that could be worth as much as $2 billion, according to people familiar with the matter.

GE faces shareholder lawsuit over insurance shortfall, SEC probe

NEW YORK General Electric Co was sued on Friday by a shareholder who accused the conglomerate of concealing mounting insurance liabilities and a U.S. Securities and Exchange Commission probe, costing shareholders tens of billions of dollars.

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