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General Electric Co (GE.N)

GE.N on New York Stock Exchange

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Thu, May 23 2019

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GE needs to end infighting, fix quality, tighten management - CEO

General Electric Co, once seen as the epitome of corporate greatness, is trying to end infighting between its divisions, tighten up management and fix quality problems in its products, Chief Executive Officer Larry Culp said on Wednesday.

General Electric CEO affirms weak forecasts, signaling stable outlook

May 22 General Electric Co Chief Executive Officer Larry Culp affirmed the ailing conglomerate's weak forecasts for 2019 and beyond on Wednesday, a potential sign of stability after his predecessors repeatedly missed financial goals.

Exclusive: FBI targets Johnson & Johnson, Siemens, GE, Philips in Brazil graft case - Sources

RIO DE JANEIRO The U.S. FBI is investigating corporate giants Johnson & Johnson, Siemens AG, General Electric Co and Philips for allegedly paying kickbacks as part of a scheme involving medical equipment sales in Brazil, two Brazilian investigators have told Reuters.

GE says it needs time for power-plant unit to recover

NEW YORK General Electric Co tamped down enthusiasm about a quick recovery in its power-plant unit on Wednesday, and an analyst said the company was not "telling the whole story" about purported market-share gains at its ailing power unit.

UPDATE 4-GE says it needs time for power-plant unit to recover

NEW YORK, May 15 General Electric Co tamped down enthusiasm about a quick recovery in its power-plant unit on Wednesday, and an analyst said the company was not "telling the whole story" about purported market-share gains at its ailing power unit.

GE's power unit will be "significantly" cash flow negative this year-CFO

NEW YORK, May 15 General Electric Co expects its core power-plant business to lose significant cash this year and does not expect large improvement in that business' cash flow margins for at least three years, the company's chief financial officer said on Wednesday.

GE books more power plant orders, beats Mitsubishi, Siemens: sources

NEW YORK General Electric Co won the most orders in the sharply contracting market for new gas-fired power plants in the first quarter, according to people familiar with the matter.

GE books more power plant orders, beats Mitsubishi, Siemens - sources

NEW YORK, May 14 General Electric Co won the most orders in the sharply contracting market for new gas-fired power plants in the first quarter, according to people familiar with the matter.

GE's rising bonds offer another endorsement of CEO Culp

NEW YORK General Electric Co shareholders offered their latest endorsement of new Chief Executive Larry Culp this week when they approved a 2018 pay package worth $15 million.

GE's rising bonds offer another endorsement of CEO Culp

NEW YORK General Electric Co shareholders offered their latest endorsement of new Chief Executive Larry Culp this week when they approved a 2018 pay package worth $15 million.

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