GE Appoints Six Company Officers
GE today announces the appointment of six new company officers. GE currently has 189 GE officers globally...
GE Money, Yes! Solar SolutionsTM Create New Financing Program for Solar Energy Solution
GE Money and Yes! Solar SolutionsTM, a retail outlet for solar-powered modules and panels, today announced a new multi-year relationship to provide revolving and installment consumer loans on solar products...
GE Corporate Lending Provides $325 Million to Sportsman’s Warehouse
GE Commercial Finance Corporate Lending today announced it provided a $325 million asset-based credit facility to Sportsman’s Warehouse, an outdoor sporting goods retailer...
GE Capital to Acquire Most of Merrill Lynch Capital
GE Capital has agreed to purchase most of Chicago-based Merrill Lynch Capital, Merrill Lynch and Co., Inc.’s (NYSE: MER) wholly-owned middle-market commercial finance business...
GE Healthcare Announces Expansion of Nuclear Cardiology Portfolio for Medical Diagnostics Business
GE Healthcare, the worldwide leader in Diagnostic Imaging Technologies, announced today that it has entered into an agreement with DRAXIMAGE, a division of DRAXIS Health...
GE Contributes $200,000 to Charities from NBC Universal’s "Clash of the Choirs" - Local Oklahoma charity to receive $50,000
GE announced today that it would donate a total of $200,000 to four charities during the two-hour season finale of NBCU’s live competition show, “Clash of the Choirs.”
GE Contributes $200,000 to Charities from NBC Universal’s "Clash of the Choirs" - Local Houston charity to receive $50,000
GE announced today that it would donate a total of $200,000 to four charities during the two-hour season finale of NBCU’s live competition show, “Clash of the Choirs.”
GE Contributes $200,000 to Charities from NBC Universal’s "Clash of the Choirs" - Local Philadelphia charity to receive $50,000
GE announced today that it would donate a total of $200,000 to four charities during the two-hour season finale of NBCU’s live competition show, “Clash of the Choirs.”
GE Contributes $200,000 to Charities from NBC Universal’s "Clash of the Choirs" - Local New Haven charity to receive $50,000
GE announced today that it would donate a total of $200,000 to four charities during the two-hour season finale of NBCU’s live competition show, “Clash of the Choirs.”
GE Commercial Finance and Allied Capital Launch $3.6 Billion Unitranche Fund LLC
GE Commercial Finance and Allied Capital (NYSE: ALD) announced today that they have partnered to form a $3.6 billion senior secured unitranche loan fund...
Monday, December 31, 2007
Recent Press Releases: New Officers, GE Money, GE Corporate Lending, GE Capital, NBC Universal, and GE Commercial Finance
Recent Press Releases: GE Energy, GE Healthcare, GE Energy Financial Services, NBC, GE Aviation, and GE Fanuc
GE's Birchwood Power Facility Receives International Habitat Conservation Award
Employees at GE Energy Financial Services' Birchwood Power Facility in King George, Virginia received international recognition for their contributions to wildlife habitat conservation at the Wildlife Habitat Council's (WHC) 19th Annual Symposium...
GE Energy Receives Largest Jenbacher Gas Engine Order
GE Energy has received its largest order ever for Jenbacher gas engines to support a major rural electrification initiative in Bangladesh
GE Healthcare Financial Services Closes $123.5 Million Deal with Ambulatory Services of America, Inc.
GE Healthcare Financial Services has provided $123.5 million in senior credit facilities to Ambulatory Services of America, Inc. of Nashville, Tennessee. The senior debt financing includes a $20 million revolving line of credit...
Confirma And GE Healthcare Expand Strategic Partnership
Confirma®, pioneer and leader in application-specific CAD for MRI, announced today that Confirma and GE Healthcare, the $17 billion global leader in medical imaging and information systems, have expanded their strategic partnership to offer Confirma service to GE Healthcare customers with CADstream...
GE Unit Expands in Latin America, Makes First Equity Investment and Serves as Lead Arranger with WestLB in Offshore Drilling Deal
In its first equity investment in offshore drilling, GE Energy Financial Services, a unit of GE (NYSE: GE), announced today that it will invest $54 million and co-finance the acquisition of a ship drilling for oil in deep water off the coast of Brazil...
GE Presents $250,000 Contribution to Disabled American Veterans on NBC Universal’s “Clash of the Choirs”
GE today announced a $250,000 contribution to the Disabled American Veterans (DAV) whose primary mission is to help build better lives for disabled veterans and their families...
GE Aviation Selects Kansas State for New University Development Center
GE Aviation today announces the selection of Kansas State University for a University Development Center to be located in Manhattan, Kansas...
GE Corporate Lending Provides $100 Million Trade Accounts Receivable Securitization to Rexnord Funding LLC
GE Commercial Finance Corporate Lending today announced it provided a $100 million trade accounts receivable securitization to Rexnord Funding LLC, a leading supplier of
Xinneng Energy Ltd. Implements Proficy Process Systems
GE Fanuc Intelligent Platforms, a unit of GE Enterprise Solutions, today announced that Xinneng Energy Ltd., a leading supplier of energy-chemical products and services...
GE Fanuc Intelligent Platforms Extends Range of VMEbus Gigabit Ethernet Switches With IPv6 capability
Reaffirming the company’s commitment to delivering leading edge solutions for the VME environment, GE Fanuc Intelligent Platforms today announced two new...
Employees at GE Energy Financial Services' Birchwood Power Facility in King George, Virginia received international recognition for their contributions to wildlife habitat conservation at the Wildlife Habitat Council's (WHC) 19th Annual Symposium...
GE Energy Receives Largest Jenbacher Gas Engine Order
GE Energy has received its largest order ever for Jenbacher gas engines to support a major rural electrification initiative in Bangladesh
GE Healthcare Financial Services Closes $123.5 Million Deal with Ambulatory Services of America, Inc.
GE Healthcare Financial Services has provided $123.5 million in senior credit facilities to Ambulatory Services of America, Inc. of Nashville, Tennessee. The senior debt financing includes a $20 million revolving line of credit...
Confirma And GE Healthcare Expand Strategic Partnership
Confirma®, pioneer and leader in application-specific CAD for MRI, announced today that Confirma and GE Healthcare, the $17 billion global leader in medical imaging and information systems, have expanded their strategic partnership to offer Confirma service to GE Healthcare customers with CADstream...
GE Unit Expands in Latin America, Makes First Equity Investment and Serves as Lead Arranger with WestLB in Offshore Drilling Deal
In its first equity investment in offshore drilling, GE Energy Financial Services, a unit of GE (NYSE: GE), announced today that it will invest $54 million and co-finance the acquisition of a ship drilling for oil in deep water off the coast of Brazil...
GE Presents $250,000 Contribution to Disabled American Veterans on NBC Universal’s “Clash of the Choirs”
GE today announced a $250,000 contribution to the Disabled American Veterans (DAV) whose primary mission is to help build better lives for disabled veterans and their families...
GE Aviation Selects Kansas State for New University Development Center
GE Aviation today announces the selection of Kansas State University for a University Development Center to be located in Manhattan, Kansas...
GE Corporate Lending Provides $100 Million Trade Accounts Receivable Securitization to Rexnord Funding LLC
GE Commercial Finance Corporate Lending today announced it provided a $100 million trade accounts receivable securitization to Rexnord Funding LLC, a leading supplier of
Xinneng Energy Ltd. Implements Proficy Process Systems
GE Fanuc Intelligent Platforms, a unit of GE Enterprise Solutions, today announced that Xinneng Energy Ltd., a leading supplier of energy-chemical products and services...
GE Fanuc Intelligent Platforms Extends Range of VMEbus Gigabit Ethernet Switches With IPv6 capability
Reaffirming the company’s commitment to delivering leading edge solutions for the VME environment, GE Fanuc Intelligent Platforms today announced two new...
Recent Press Releases: Guidance, GE Energy, GE Fanuc, and GE Healthcare
GE Reaffirms Fourth-Quarter and Full-Year 2007 EPS Guidance
GE (NYSE: GE) reported today that it expects to have a strong finish to the year with earnings per share (EPS) growth of 14-18% to $.67-. 69 per share and strong orders growth of 15% for the fourth quarter 2007. For the year, GE expects...
GE Energy Receives Order for 20 Jenbacher Gen-Sets to Support Argentina’s Regional Energy Supply Needs
GE Energy is supplying 20 natural gas-fueled Jenbacher generator sets for a new 30 MW power plant being built to support the regional grid as well as oil and gas...
GE Energy to Provide Four LMS100 Gas Turbines to Three Latin American Power Companies
In response to a growing need for flexible power generation in the Southern Cone of Latin America, GE Energy has received contracts with three companies totaling over...
GE Energy to Supply 333 Wind Turbines for Projects in Two States
GE Energy has received a contract of approximately $650 million to provide 333 wind turbines to Noble Environmental Power for new and expansion projects in New York and Texas...
Exelon Nuclear Signs Agreement with GE Hitachi for Major Components for Two ESBWR Nuclear Reactors in Texas
Illinois-based Exelon Nuclear, the nation’s largest nuclear operator, has signed a major, multi-million dollar order with GE Hitachi Nuclear Energy...
GE Fanuc Intelligent Platforms Announces 6U CompactPCI 24-port NETernity™ Gigabit Ethernet Switches
Confirming the company’s leadership in developing state of the art solutions for advanced communications applications, GE Fanuc Intelligent Platforms today announced...
Regency Energy Acquires Gas Gathering System from Affiliate of GE Energy Financial Services
Regency Energy Partners LP (NASDAQ:RGNC) has agreed to acquire FrontSteet Hugoton, LLC from an affiliate of GE Energy Financial Services, a unit of GE (NYSE:GE), and FrontStreet EnergyOne, LLC, for approximately $139 million, expanding Regency’s asset...
GE to Webcast December 11 Investor Outlook Meeting
GE (NYSE: GE) will Webcast its annual December outlook meeting with investors...
GE Healthcare Accelerates Growth of Compact Ultrasound and Expands Use of Emerging Patient Applications: New Editions Designed Specifically for Emergency Medicine and Anesthesia Delivery
GE partnered with anesthesiologists, emergency medicine physicians and other fields of medicine to design new editions of its LOGIQ e compact and a new edition of the LOGIQ Book XP Enhanced compact, as part of its Breakthrough 2008 ultrasound...
GE Announces Further Dose Reduction Improvements in CT
Meeting the growing demand for dose management, GE Healthcare now offers improved dose reduction results for both diagnostic cardiac and neuro perfusion CT exams...
GE (NYSE: GE) reported today that it expects to have a strong finish to the year with earnings per share (EPS) growth of 14-18% to $.67-. 69 per share and strong orders growth of 15% for the fourth quarter 2007. For the year, GE expects...
GE Energy Receives Order for 20 Jenbacher Gen-Sets to Support Argentina’s Regional Energy Supply Needs
GE Energy is supplying 20 natural gas-fueled Jenbacher generator sets for a new 30 MW power plant being built to support the regional grid as well as oil and gas...
GE Energy to Provide Four LMS100 Gas Turbines to Three Latin American Power Companies
In response to a growing need for flexible power generation in the Southern Cone of Latin America, GE Energy has received contracts with three companies totaling over...
GE Energy to Supply 333 Wind Turbines for Projects in Two States
GE Energy has received a contract of approximately $650 million to provide 333 wind turbines to Noble Environmental Power for new and expansion projects in New York and Texas...
Exelon Nuclear Signs Agreement with GE Hitachi for Major Components for Two ESBWR Nuclear Reactors in Texas
Illinois-based Exelon Nuclear, the nation’s largest nuclear operator, has signed a major, multi-million dollar order with GE Hitachi Nuclear Energy...
GE Fanuc Intelligent Platforms Announces 6U CompactPCI 24-port NETernity™ Gigabit Ethernet Switches
Confirming the company’s leadership in developing state of the art solutions for advanced communications applications, GE Fanuc Intelligent Platforms today announced...
Regency Energy Acquires Gas Gathering System from Affiliate of GE Energy Financial Services
Regency Energy Partners LP (NASDAQ:RGNC) has agreed to acquire FrontSteet Hugoton, LLC from an affiliate of GE Energy Financial Services, a unit of GE (NYSE:GE), and FrontStreet EnergyOne, LLC, for approximately $139 million, expanding Regency’s asset...
GE to Webcast December 11 Investor Outlook Meeting
GE (NYSE: GE) will Webcast its annual December outlook meeting with investors...
GE Healthcare Accelerates Growth of Compact Ultrasound and Expands Use of Emerging Patient Applications: New Editions Designed Specifically for Emergency Medicine and Anesthesia Delivery
GE partnered with anesthesiologists, emergency medicine physicians and other fields of medicine to design new editions of its LOGIQ e compact and a new edition of the LOGIQ Book XP Enhanced compact, as part of its Breakthrough 2008 ultrasound...
GE Announces Further Dose Reduction Improvements in CT
Meeting the growing demand for dose management, GE Healthcare now offers improved dose reduction results for both diagnostic cardiac and neuro perfusion CT exams...
Sunday, December 9, 2007
Recent Press Releases: Microwave Oven Recall, Water, Fanuc, Money, Antares, and Energy
General Electric Recalls Microwave Combo Wall Ovens Due to Fire Hazard
The U.S. Consumer Product Safety Commission, in cooperation with the firm named below, today announced a voluntary recall of the following consumer product. Consumers should stop using...
GE’s ZeeWeed Ultrafiltration Membranes Selected for World’s Largest Retrofit and Expansion of Municipal Drinking Water Plant
GE’s ecomagination-certified ZeeWeed advanced membrane technology has been selected for a 100.4 million gallons per day (MGD) (380 ML/d) retrofit and expansion of the Lorne Park Water Treatment Plant...
GE Fanuc Intelligent Platforms Announces XMC/PMC Digital Transmitter Module
Once again demonstrating the company’s leadership in the development of advanced, high performance solutions for Software Defined Radio (SDR) applications, GE Fanuc Intelligent Platforms today announced the...
City Furniture Renews Consumer Financing Program with GE Money
GE Money and City Furniture today announced a multi-year extension of their consumer financing agreement, originally formed in 1990. The City Furniture Card program is managed by GE Money’s Sales Finance unit and provides...
Elected Officials, Business and Municipal Leaders to Discuss Georgia Water Strategies and Solutions
Elected Officials, Business and Municipal Leaders to Discuss Georgia Water Strategies and Solutions...
GE Antares Provides Senior Credit Facility for A Leading Producer, Marketer, and Distributor of High Quality, Ready-to-Eat Smoked Meat Products
GE Antares Capital today announced it served as administrative agent for a senior secured credit facility to support the acquisition of
GE Energy Investing $50 Million to Double Steam Turbine and Generator Manufacturing and Engineering Capacities'
GE Energy (NYSE: GE) expects to invest roughly $50 million to increase supply chain and engineering capacity and will more than double its global capabilities to meet steam turbine demand around the world, company officials announced today. Output will be expanded across...
The U.S. Consumer Product Safety Commission, in cooperation with the firm named below, today announced a voluntary recall of the following consumer product. Consumers should stop using...
GE’s ZeeWeed Ultrafiltration Membranes Selected for World’s Largest Retrofit and Expansion of Municipal Drinking Water Plant
GE’s ecomagination-certified ZeeWeed advanced membrane technology has been selected for a 100.4 million gallons per day (MGD) (380 ML/d) retrofit and expansion of the Lorne Park Water Treatment Plant...
GE Fanuc Intelligent Platforms Announces XMC/PMC Digital Transmitter Module
Once again demonstrating the company’s leadership in the development of advanced, high performance solutions for Software Defined Radio (SDR) applications, GE Fanuc Intelligent Platforms today announced the...
City Furniture Renews Consumer Financing Program with GE Money
GE Money and City Furniture today announced a multi-year extension of their consumer financing agreement, originally formed in 1990. The City Furniture Card program is managed by GE Money’s Sales Finance unit and provides...
Elected Officials, Business and Municipal Leaders to Discuss Georgia Water Strategies and Solutions
Elected Officials, Business and Municipal Leaders to Discuss Georgia Water Strategies and Solutions...
GE Antares Provides Senior Credit Facility for A Leading Producer, Marketer, and Distributor of High Quality, Ready-to-Eat Smoked Meat Products
GE Antares Capital today announced it served as administrative agent for a senior secured credit facility to support the acquisition of
GE Energy Investing $50 Million to Double Steam Turbine and Generator Manufacturing and Engineering Capacities'
GE Energy (NYSE: GE) expects to invest roughly $50 million to increase supply chain and engineering capacity and will more than double its global capabilities to meet steam turbine demand around the world, company officials announced today. Output will be expanded across...
Recent Press Releases: Aviation, Commercial Finance, Hispanic Forum, Energy, and Fanuc
GE Aviation Expands in Houghton Michigan
GE Aviation today announces an expansion for the University Development Center facility located in Houghton, Michigan. The new facility...
GE Commercial Finance Appoints Tom Regan to Head Sponsor Coverage for Media, Communications & Entertainment Business
GE Commercial Finance today announced it has appointed Managing Director, Thomas W. Regan, 48, to serve as group head of sponsor coverage for its Media, Communications & Entertainment...
GE Aviation Teams With L-3 for USAF KC-10 Aircraft Extension Program
GE Aviation recently signed an exclusive teaming agreement with L-3 Communications for the United States Air Force KC-10 AMP Aircraft Extension Program...
GE Hispanic Forum to Host U.S. Commerce Secretary Carlos M. Gutierrez at Discussion of the Benefits of Global Trade
Secretary Carlos M. Gutierrez will discuss the benefits of open markets to the economy in Los Angeles, CA, on Thursday, November 29, 2007 at the GE Hispanic Forum Leadership Summit. Secretary Gutierrez will be joined by Fabiola Sojet, national executive, GE Colombia...
GE Energy Solar Technology to Help Light Rockefeller Center Christmas Tree
GE Energy (NYSE: GE) has supplied 363 roof-mounted solar panels at the top of 45 Rockefeller Plaza in New York City that will help generate electricity for the first solar powered Rockefeller Center Christmas Tree. The Christmas tree is decorated with 30,000 new energy-efficient LED lights...
GE Fanuc Intelligent Platforms AdvancedTCA IP Packet Processor Blade Delivers Superior Price/Performance
Raising the price/performance bar yet again in demanding telecommunications applications, GE Fanuc Intelligent Platforms today announced the AT2-5800 IP Packet Processor Advanced TCA Blade. Featuring two high performance Cavium OCTEON™ Plus...
GE Aviation today announces an expansion for the University Development Center facility located in Houghton, Michigan. The new facility...
GE Commercial Finance Appoints Tom Regan to Head Sponsor Coverage for Media, Communications & Entertainment Business
GE Commercial Finance today announced it has appointed Managing Director, Thomas W. Regan, 48, to serve as group head of sponsor coverage for its Media, Communications & Entertainment...
GE Aviation Teams With L-3 for USAF KC-10 Aircraft Extension Program
GE Aviation recently signed an exclusive teaming agreement with L-3 Communications for the United States Air Force KC-10 AMP Aircraft Extension Program...
GE Hispanic Forum to Host U.S. Commerce Secretary Carlos M. Gutierrez at Discussion of the Benefits of Global Trade
Secretary Carlos M. Gutierrez will discuss the benefits of open markets to the economy in Los Angeles, CA, on Thursday, November 29, 2007 at the GE Hispanic Forum Leadership Summit. Secretary Gutierrez will be joined by Fabiola Sojet, national executive, GE Colombia...
GE Energy Solar Technology to Help Light Rockefeller Center Christmas Tree
GE Energy (NYSE: GE) has supplied 363 roof-mounted solar panels at the top of 45 Rockefeller Plaza in New York City that will help generate electricity for the first solar powered Rockefeller Center Christmas Tree. The Christmas tree is decorated with 30,000 new energy-efficient LED lights...
GE Fanuc Intelligent Platforms AdvancedTCA IP Packet Processor Blade Delivers Superior Price/Performance
Raising the price/performance bar yet again in demanding telecommunications applications, GE Fanuc Intelligent Platforms today announced the AT2-5800 IP Packet Processor Advanced TCA Blade. Featuring two high performance Cavium OCTEON™ Plus...
Recent Press Releases: GE Fanuc, Corporate, Healthcare, Wind, Transportation, Army, Aviation, and Aerospace
GE Fanuc Intelligent Platforms Announces World’s First COTS VXS Serial RapidIO Managed Switch
In line with the company’s strategy of developing the broadest range of high performance multiprocessing solutions for the 6U VME architecture, GE Fanuc Intelligent Platforms today announced the CRX800, which is the world’s first VXS (VITA41.2) compliant Serial RapidIO...
GE Fanuc Intelligent Platforms Announces ‘Highest Performance’ VXS Multiprocessor
Setting a new standard in price/performance for demanding signal- and data processing applications, GE Fanuc Intelligent Platforms today announced the...
GE Corporate Lending Provides $400 Million Trade Accounts Receivable Securitization to Cummins Inc.
GE Commercial Finance Corporate Lending today announced it provided a $400 million trade accounts receivable securitization to...
SpinalMotion Closes $14 Million Loan Facility With GE Healthcare Financial Services
SpinalMotion, developer of two investigational artificial discs for treating patients with degenerative disc disease, has closed a $14 million loan facility with GE Healthcare...
TPI’s New Facility Will Expand GE’s Capability to Meet Growing Demand for Wind Turbines
Reinforcing its capability to meet the growing global demand for wind turbines, GE Energy has signed an agreement with one of the leading wind turbine blade suppliers, TPI Composites. In support of the agreement...
GE Announces OptiSonde™ Chilled Mirror Hygrometer
GE Sensing & Inspection Technologies announces the OptiSonde™ humidity indicator, transmitter and data logger. The OptiSonde is the first chilled mirror hygrometer to offer the precision and repeatability...
GE Healthcare Financial Services and Haemonetics Sign Vendor Financing Agreement
GE Healthcare Financial Services signed a vendor financing agreement with Haemonetics Corporation, a global healthcare company dedicated to providing innovative blood management solutions. Under the agreement, GE Healthcare Financial Services will provide...
GE Unveils Clinician-Driven Future of CT; HD Technologies
High-Definition (HD) technology is coming into every facet of our lives. It’s used in the electronics in our homes, the radios in our cars and may be coming soon to the health care providers we depend on...
Freightliner Group Orders 30 Locomotives From GE – Transportation for UK Market
GE – Transportation is developing a new freight locomotive in partnership with Freightliner Group. The collaborative effort called “Project Genesis” marks a new beginning for both companies...
GE Healthcare Re-Imagines Radiology at RSNA Conference; Company Showcases Innovative Technologies That Enable ‘‘Early Health’’ Model of Care
GE Healthcare, a unit of General Electric Company (NYSE:GE), today kicked off its participation in the 2007 Radiological Society of North America (RSNA) conference in Chicago with a focus on a prominent displays of the company’s “Radiology Re-imagined” theme along prominent...
Company Profile for GE Sensing & Inspection Technologies
GE Sensing & Inspection Technologies is part of GE Enterprise Solutions, an $11.6 billion business helping customers compete and win in a changing global environment by combining the power of GE’s unique expertise and intelligent technology to drive customers’ productivity and profitability...
GE Awarded Advanced Affordable Turbine Engine Contract by U.S. Army
GE has been awarded a multi-million dollar contract by the U.S. Army covering the next phase of the Advanced Affordable Turbine Engine (AATE) program. Under this contract, GE will continue to collaborate with the Army and invest in state-of-the-art engineering...
GE Money and Joe’s Sports & Outdoor Gear up Consumer Finance Program
GE Money and Joe’s Sports & Outdoor, one of the top 50 sporting goods retailers in the U.S.,
today announced a five-year agreement to provide the Joe’s Sports & Outdoor credit card. The Sport Finance Program, managed by GE Money’s Sales Finance unit, will be available...
GE Fanuc Intelligent Platforms Announces GHz Digital Receiver PMC/XMC Module
Confirming the company’s leadership in high performance analog to digital conversion (ADC) solutions, GE Fanuc Intelligent Platforms today announced the ICS-8551 rugged ADC PMC/XMC module. Designed for deployment in harsh environments, the ICS-8551 offers both two- and four-channel operation with sampling ...
Wipro Technologies and GE Fanuc Collaborate to Offer Solutions for Consumer Products and Pharmaceutical Companies
Wipro Technologies, the global IT services business of Wipro Limited (NYSE:WIT) and GE Fanuc Intelligent Platforms, a unit of GE Enterprise Solutions, today announced that they will work together globally to provide the CPG and Pharmaceutical industry with solutions...
CF6 Upgrade Program Available for Northrop Grumman KC-30
The recently-launched technology upgrade program for the CF6 engine is part of the package offered by Northrop Grumman KC-30 for the United States Air Force KC-X tanker replacement program. Northrop Grumman selected the CF6 in March 2007...
In line with the company’s strategy of developing the broadest range of high performance multiprocessing solutions for the 6U VME architecture, GE Fanuc Intelligent Platforms today announced the CRX800, which is the world’s first VXS (VITA41.2) compliant Serial RapidIO...
GE Fanuc Intelligent Platforms Announces ‘Highest Performance’ VXS Multiprocessor
Setting a new standard in price/performance for demanding signal- and data processing applications, GE Fanuc Intelligent Platforms today announced the...
GE Corporate Lending Provides $400 Million Trade Accounts Receivable Securitization to Cummins Inc.
GE Commercial Finance Corporate Lending today announced it provided a $400 million trade accounts receivable securitization to...
SpinalMotion Closes $14 Million Loan Facility With GE Healthcare Financial Services
SpinalMotion, developer of two investigational artificial discs for treating patients with degenerative disc disease, has closed a $14 million loan facility with GE Healthcare...
TPI’s New Facility Will Expand GE’s Capability to Meet Growing Demand for Wind Turbines
Reinforcing its capability to meet the growing global demand for wind turbines, GE Energy has signed an agreement with one of the leading wind turbine blade suppliers, TPI Composites. In support of the agreement...
GE Announces OptiSonde™ Chilled Mirror Hygrometer
GE Sensing & Inspection Technologies announces the OptiSonde™ humidity indicator, transmitter and data logger. The OptiSonde is the first chilled mirror hygrometer to offer the precision and repeatability...
GE Healthcare Financial Services and Haemonetics Sign Vendor Financing Agreement
GE Healthcare Financial Services signed a vendor financing agreement with Haemonetics Corporation, a global healthcare company dedicated to providing innovative blood management solutions. Under the agreement, GE Healthcare Financial Services will provide...
GE Unveils Clinician-Driven Future of CT; HD Technologies
High-Definition (HD) technology is coming into every facet of our lives. It’s used in the electronics in our homes, the radios in our cars and may be coming soon to the health care providers we depend on...
Freightliner Group Orders 30 Locomotives From GE – Transportation for UK Market
GE – Transportation is developing a new freight locomotive in partnership with Freightliner Group. The collaborative effort called “Project Genesis” marks a new beginning for both companies...
GE Healthcare Re-Imagines Radiology at RSNA Conference; Company Showcases Innovative Technologies That Enable ‘‘Early Health’’ Model of Care
GE Healthcare, a unit of General Electric Company (NYSE:GE), today kicked off its participation in the 2007 Radiological Society of North America (RSNA) conference in Chicago with a focus on a prominent displays of the company’s “Radiology Re-imagined” theme along prominent...
Company Profile for GE Sensing & Inspection Technologies
GE Sensing & Inspection Technologies is part of GE Enterprise Solutions, an $11.6 billion business helping customers compete and win in a changing global environment by combining the power of GE’s unique expertise and intelligent technology to drive customers’ productivity and profitability...
GE Awarded Advanced Affordable Turbine Engine Contract by U.S. Army
GE has been awarded a multi-million dollar contract by the U.S. Army covering the next phase of the Advanced Affordable Turbine Engine (AATE) program. Under this contract, GE will continue to collaborate with the Army and invest in state-of-the-art engineering...
GE Money and Joe’s Sports & Outdoor Gear up Consumer Finance Program
GE Money and Joe’s Sports & Outdoor, one of the top 50 sporting goods retailers in the U.S.,
today announced a five-year agreement to provide the Joe’s Sports & Outdoor credit card. The Sport Finance Program, managed by GE Money’s Sales Finance unit, will be available...
GE Fanuc Intelligent Platforms Announces GHz Digital Receiver PMC/XMC Module
Confirming the company’s leadership in high performance analog to digital conversion (ADC) solutions, GE Fanuc Intelligent Platforms today announced the ICS-8551 rugged ADC PMC/XMC module. Designed for deployment in harsh environments, the ICS-8551 offers both two- and four-channel operation with sampling ...
Wipro Technologies and GE Fanuc Collaborate to Offer Solutions for Consumer Products and Pharmaceutical Companies
Wipro Technologies, the global IT services business of Wipro Limited (NYSE:WIT) and GE Fanuc Intelligent Platforms, a unit of GE Enterprise Solutions, today announced that they will work together globally to provide the CPG and Pharmaceutical industry with solutions...
CF6 Upgrade Program Available for Northrop Grumman KC-30
The recently-launched technology upgrade program for the CF6 engine is part of the package offered by Northrop Grumman KC-30 for the United States Air Force KC-X tanker replacement program. Northrop Grumman selected the CF6 in March 2007...
Friday, November 23, 2007
Recent News: GE Wind, Edison Exploratorium, Algeria Power, and GE Healthcare
Invenergy to buy 800 MW of GE wind power turbines
Invenergy LLC's Invenergy Wind LLC subsidiary agreed to buy an additional 800 megawatts of wind turbines from General Electric Co for projects slated for construction in 2009 in North America and Europe...
Edison Exploratorium announces plans to move to Erie Blvd.
A group calling itself the Edison Exploratorium announced its desire to buy a 12-acre site along Erie Boulevard where it plans to preserve the history of General Electric and promote the field of engineering...
UPDATE 1-Algeria awards $4.1 bln of power plant deals
ALGIERS, Nov 20 (Reuters) - Alstom, General Electric, and two other engineering companies won deals worth $4.1 billion on Tuesday to build power stations in Algeria, the north African country's state electricity company...
GE Healthcare and iCAD enter into Developmental Agreement
iCAD(R), Inc. , an industry-leading provider of Computer-Aided Detection (CAD) solutions and GE Healthcare, a division of GE , a manufacturer of Senographe(R) Full-Field Digital Mammography (FFDM) systems, today announced an agreement to develop a customized...
Invenergy LLC's Invenergy Wind LLC subsidiary agreed to buy an additional 800 megawatts of wind turbines from General Electric Co for projects slated for construction in 2009 in North America and Europe...
Edison Exploratorium announces plans to move to Erie Blvd.
A group calling itself the Edison Exploratorium announced its desire to buy a 12-acre site along Erie Boulevard where it plans to preserve the history of General Electric and promote the field of engineering...
UPDATE 1-Algeria awards $4.1 bln of power plant deals
ALGIERS, Nov 20 (Reuters) - Alstom, General Electric, and two other engineering companies won deals worth $4.1 billion on Tuesday to build power stations in Algeria, the north African country's state electricity company...
GE Healthcare and iCAD enter into Developmental Agreement
iCAD(R), Inc. , an industry-leading provider of Computer-Aided Detection (CAD) solutions and GE Healthcare, a division of GE , a manufacturer of Senographe(R) Full-Field Digital Mammography (FFDM) systems, today announced an agreement to develop a customized...
Monday, November 19, 2007
Recent News & Press Releases: Power, Nuclear, Aerospace, Dreamworks - NBC
GE Aviation wins a total of $10B in deals at 2007 Dubai Airshow
The combined $10 billion in orders shows the tremendous demand for our advanced engine technology and services,” said Scott Donnelly, president & CEO, GE Aviation. “Our knowledge of this market and relationships in the Middle East have been extremely valuable. This was our most successful... [Press Release]
General Electric Unit Gets $10B in Deals
Among the $7.7 billion in engine orders, GE's Aviation division secured a $1.4 billion order from Saudi Arabia Airlines to perform overhaul and support services on the carrier's GE90, CF6 and CGF34 engines. Qatar Airways also ordered $1.2 billion worth of engines, including...
State Media: GE To Build Power Stations In Turkmenistan -AFP
U.S. company General Electric (GE) has been asked to build two power stations in Turkmenistan, state media said Sunday, in the latest sign the reclusive Central Asian state is opening up to Western firms...
GE chief urges incentives to fuel nuclear switch: Financial Times
U.S. government hopes that hundreds of nuclear power plants will be built to boost national energy supplies will be dashed unless the power industry is given strong financial incentives to switch away from fossil fuels, said Jeffrey Immelt, chief executive of General Electric...
DreamWorks in discussions to join NBC: report
David Geffen and Steven Spielberg's DreamWorks movie studio is in discussions to join NBC Universal after a soured relationship with owner Viacom Inc. and its Paramount division, according to...
The combined $10 billion in orders shows the tremendous demand for our advanced engine technology and services,” said Scott Donnelly, president & CEO, GE Aviation. “Our knowledge of this market and relationships in the Middle East have been extremely valuable. This was our most successful... [Press Release]
General Electric Unit Gets $10B in Deals
Among the $7.7 billion in engine orders, GE's Aviation division secured a $1.4 billion order from Saudi Arabia Airlines to perform overhaul and support services on the carrier's GE90, CF6 and CGF34 engines. Qatar Airways also ordered $1.2 billion worth of engines, including...
State Media: GE To Build Power Stations In Turkmenistan -AFP
U.S. company General Electric (GE) has been asked to build two power stations in Turkmenistan, state media said Sunday, in the latest sign the reclusive Central Asian state is opening up to Western firms...
GE chief urges incentives to fuel nuclear switch: Financial Times
U.S. government hopes that hundreds of nuclear power plants will be built to boost national energy supplies will be dashed unless the power industry is given strong financial incentives to switch away from fossil fuels, said Jeffrey Immelt, chief executive of General Electric...
DreamWorks in discussions to join NBC: report
David Geffen and Steven Spielberg's DreamWorks movie studio is in discussions to join NBC Universal after a soured relationship with owner Viacom Inc. and its Paramount division, according to...
Friday, November 16, 2007
Recent News: Subprime, Insider Trading, Housing, KSK Power, 2007 Revenue, Aviation and Aerospace
GE says investors cashed out from fund
Institutional investors cashed out about $600 million from General Electric Co.'s GE (NYSE:GE) Asset Management fund amid worries about potential losses due to the troubled subprime mortgage markets, a spokesman said Thursday...
GE SVP Sells Shares
A senior vice president at General Electric Co. sold 26,026 shares of common stock, according to a Securities and Exchange Commission filing Wednesday...
Investors getting nervous about short-term funds
Main Street is getting a taste of Wall Street's credit problems and investors may soon move money out of short-term funds, long considered safe, but now suffering losses, analysts and advisors said...
Ospraie Buys International Paper, Sells GE in Third Quarter
Ospraie Management LLC, a $7 billion hedge-fund firm run by Dwight Anderson, bought stakes in International Paper Co. and Compton Petroleum Corp. in the third quarter and sold shares in General Electric Co...
KSK Power says enters partnership with GE
Indian power project developer and power plant operator KSK Power Ventur said on Thursday it had entered a strategic partnership with General Electric Co., which had made an equity investment
Southwestern Energy agrees to sell gas utility operations for $224M
Southwestern Energy (NYSE:SWN) Co. said late Wednesday it has agreed to sell its natural gas distribution business, Arkansas Western Gas Co., to SourceGas LLC, an affiliate of General Electric's (NYSE:GE) GE Energy Financial Services...
GE CEO says housing market tough
General Electric Co. CEO Jeff Immelt reiterated on Wednesday that the global economy was strong despite a tough housing market and scotched speculation that his company might sell
UPDATE: GE CEO Sees 2007 Revenue At $175 Billion, Profit At $23 Billion
General Electric Co. (GE) Chief Executive Jeffrey Immelt Wednesday said the company expects to have revenue of $175 billion this year, with a profit of $23 billion
General Electric seeks to participate in Turkey's nuclear power programme
General Electric (NYSE:GE) Co expressed an interest in participating in Turkey's nascent nuclear power programme following the Turkish parliament's recent adoption of a law that authorises the construction of the first nuclear power
Poland's Bank BPH to merge operations with GE Money by end 2008 - CEO
Poland's third biggest lender Bank BPH expects the legal side of its sale to GE (NYSE:GE) Money to be completed in the first quarter and said it should be fully integrated with the US-owned bank's operations by the of 2008...
UPDATE 1-GE aviation trust postpones Singapore IPO
aircraft leasing trust backed by a unit of General Electric said on Wednesday it has delayed its planned Singapore initial public offering due to market volatility...
DAE Capital buys 20 planes from GECAS for 1 bln usd, 8 Airbus planes for 500 mln
Dubai Aerospace Enterprise unit DAE Capital said it has signed a contract to buy 20 small airplanes from General Electric Co's (NYSE:GE) aircraft leasing company General Electric Commercial Aviation Services (GECAS) for 1 bln usd, at the Dubai air show...
GE/Snecma Joint Venture Gets $95 Million CFM56-7 Billion Engine Order
CFM International, a joint venture between General Electric Co. (GE) and Safran SA's Snecma unit, received an engine order from transavia.com valued at $ 95 million...
BASF buys remaining shares in JV engineering plastics with SABIC
BASF AG said it agreed with Saudi Basic Industries Corp (SABIC) to buy all shares in the two companies' engineering plastics joint venture BASF GE (NYSE:GE) Schwarzheide GmbH & Co KG to fully benefit from rising demand for its products...
AIRSHOW-Dubai Aerospace in $1.5 bln orders from GE, Emirates
DUBAI, Nov 13 (Reuters) - State-owned Dubai Aerospace Enterprise (DAE) said on Tuesday it had signed deals to buy and lease $1.5 billion worth of aircraft from General Electric...
Institutional investors cashed out about $600 million from General Electric Co.'s GE (NYSE:GE) Asset Management fund amid worries about potential losses due to the troubled subprime mortgage markets, a spokesman said Thursday...
GE SVP Sells Shares
A senior vice president at General Electric Co. sold 26,026 shares of common stock, according to a Securities and Exchange Commission filing Wednesday...
Investors getting nervous about short-term funds
Main Street is getting a taste of Wall Street's credit problems and investors may soon move money out of short-term funds, long considered safe, but now suffering losses, analysts and advisors said...
Ospraie Buys International Paper, Sells GE in Third Quarter
Ospraie Management LLC, a $7 billion hedge-fund firm run by Dwight Anderson, bought stakes in International Paper Co. and Compton Petroleum Corp. in the third quarter and sold shares in General Electric Co...
KSK Power says enters partnership with GE
Indian power project developer and power plant operator KSK Power Ventur said on Thursday it had entered a strategic partnership with General Electric Co., which had made an equity investment
Southwestern Energy agrees to sell gas utility operations for $224M
Southwestern Energy (NYSE:SWN) Co. said late Wednesday it has agreed to sell its natural gas distribution business, Arkansas Western Gas Co., to SourceGas LLC, an affiliate of General Electric's (NYSE:GE) GE Energy Financial Services...
GE CEO says housing market tough
General Electric Co. CEO Jeff Immelt reiterated on Wednesday that the global economy was strong despite a tough housing market and scotched speculation that his company might sell
UPDATE: GE CEO Sees 2007 Revenue At $175 Billion, Profit At $23 Billion
General Electric Co. (GE) Chief Executive Jeffrey Immelt Wednesday said the company expects to have revenue of $175 billion this year, with a profit of $23 billion
General Electric seeks to participate in Turkey's nuclear power programme
General Electric (NYSE:GE) Co expressed an interest in participating in Turkey's nascent nuclear power programme following the Turkish parliament's recent adoption of a law that authorises the construction of the first nuclear power
Poland's Bank BPH to merge operations with GE Money by end 2008 - CEO
Poland's third biggest lender Bank BPH expects the legal side of its sale to GE (NYSE:GE) Money to be completed in the first quarter and said it should be fully integrated with the US-owned bank's operations by the of 2008...
UPDATE 1-GE aviation trust postpones Singapore IPO
aircraft leasing trust backed by a unit of General Electric said on Wednesday it has delayed its planned Singapore initial public offering due to market volatility...
DAE Capital buys 20 planes from GECAS for 1 bln usd, 8 Airbus planes for 500 mln
Dubai Aerospace Enterprise unit DAE Capital said it has signed a contract to buy 20 small airplanes from General Electric Co's (NYSE:GE) aircraft leasing company General Electric Commercial Aviation Services (GECAS) for 1 bln usd, at the Dubai air show...
GE/Snecma Joint Venture Gets $95 Million CFM56-7 Billion Engine Order
CFM International, a joint venture between General Electric Co. (GE) and Safran SA's Snecma unit, received an engine order from transavia.com valued at $ 95 million...
BASF buys remaining shares in JV engineering plastics with SABIC
BASF AG said it agreed with Saudi Basic Industries Corp (SABIC) to buy all shares in the two companies' engineering plastics joint venture BASF GE (NYSE:GE) Schwarzheide GmbH & Co KG to fully benefit from rising demand for its products...
AIRSHOW-Dubai Aerospace in $1.5 bln orders from GE, Emirates
DUBAI, Nov 13 (Reuters) - State-owned Dubai Aerospace Enterprise (DAE) said on Tuesday it had signed deals to buy and lease $1.5 billion worth of aircraft from General Electric...
GE Press Releases: Aerospace and Aviation, GE Money, GE Hitachi, GE Capital Solutions, GE Security, GE Healthcare, GE Fanuc
Qatar Airways Selects GEnx and GE90 Engines for its new Boeing 787 and 777 Aircraft
The GEnx order is valued at more than $800 million (USD) list price. The order for the GE90-115B-powered Boeing 777 Freighters follows orders for two Boeing 777 freighter, 14 Boeing 777-300ER and six Boeing 777-200LR aircraft, which are also powered by the GE90-115B engines. The combined list price of the GE90-115B engines ordered for all 27 Boeing 777 aircraft is more than $1.2 billion list price...
Emirates Selects GP7200 Engines for Additional Airbus A380 Aircraft
Emirates has selected the GP7200 engine to power its 12 additional Airbus A380 aircraft. The engine order is valued at $800 million (USD) list price...
GE Corporate Lending Provides $550 Million to Finlay Enterprises, Inc. For Acquisition of Bailey Banks & Biddle
Founded in 1887, Finlay is a leading retailer of fine jewelry operating stand-alone jewelry stores and jewelry departments in department stores throughout the United States. Founded in 1832, Bailey Banks & Biddle operates 70 stand-alone fine jewelry retail stores throughout the United States offering jewelry and watches under high-end brand names
ClimateMaster Endorses Eco-Friendly Loan Program Offered Through GE Money & Electric & Gas Industries Association
The GEOSmart Loan program, sponsored by EGIA and funded by GE Money’s Sales Finance unit, provides both installment and revolving financing options and is available through EGIA-approved contractors to assist consumers looking to purchase a ClimateMaster geothermal heating, cooling and water heating system for their home. “The level of long-term financing provided through the GEOSmart Loan program is something that has long been needed in the geothermal heat pump...
Exelon Nuclear Selects GE Hitachi’s ESBWR
Exelon Nuclear is studying locations in Matagorda and Victoria counties in Texas as potential reactor sites to help address that state’s rapidly growing demand for energy...
Emirates Signs Fleet Management Agreement with Engine Alliance for GP7200 Engines
“As the largest customer of the GP7200 engines, Emirates is an important customer for the Engine Alliance and we look forward to working together with them to fulfill their service needs,” said Bruce Hughes, president of the Engine Alliance...
Saudi Arabian Airlines and GE Sign Overhaul Support Agreement
Under the agreement, GE Aviation will support Saudi Arabian Airlines’ new state-of-the-art facility that will be built in King Abdul Aziz Airport in the Kingdom of Saudi Arabia. The facility will serve the Saudi Arabian and the region market. Additionally, Saudi Arabian Airlines and GE have signed a memorandum of understanding (MOU) for GE to supply material to the airline...
Emirates Order Additional GE90-Powered Boeing 777 Aircraft
Emirates has also signed a 12-year OnPointSM solution service agreement for the maintenance and overhaul of its the GE90-115B engines. The agreement is worth more than $380M over the life of the contract...
Dubai Aerospace Enterprise Orders GE Engines for New Fleet
Bob Genise, CEO of DAE Capital, the Dubai-based group’s aircraft, leasing and finance business, said, “This deal, as part of a 100 aircraft order from Boeing, demonstrates our aim to quickly establish DAE Capital as a world-class aircraft leasing business.”...
Royal Jordanian Signed OnPoint Solution Services Agreement with GE
Created in 1963 by a Royal Decree issued by His Majesty the late King Hussein, Royal Jordanian has grown to cover a network of 54 destinations on four continents. Royal Jordanian operates an extensive fleet, including CF6-powered Airbus A310 aircraft, CF34-10E-powered EMB195, CFM56*-powered A340 aircraft and CFM56*-powered A320 aircraft. This year, Royal Jordanian joined OneworldTM airline alliance...
HP Hotels Secures $17.5 Million in Refinancing and Construction Loans from GE Capital Solutions, Franchise Finance
To further expand its growing hospitality portfolio HP Hotels chairman, Chiman Patel, turned to GE Capital Solutions, Franchise Finance for a $17.5 million refinancing loan for a Hampton Inn in Birmingham, Ala, and new construction of a 115-room Hilton Garden in Oklahoma City, Okla. Patel has a long-term relationship with...
GE Announces Weldstar Girth Weld Pipeline Inspection System
GE Sensing & Inspection Technologies, a business unit of GE Enterprise Solutions (NYSE: GE), announces the release of Weldstar, a complete, automated ultrasonic girth weld inspection system for transmission pipelines. Weldstar provides considerable gains in productivity and probability of detection, without the hazards...
GE Money and Thomasville Furniture Industries Extend Consumer Finance Program
GE Money and Thomasville Furniture Industries today announced a multi-year renewal of its consumer financing agreement, originally formed in 2003. The Thomasville credit card program, issued through GE Money’s Sales Finance unit...
ALAFCO Aviation Lease and Finance Company Selects GEnx Engine for Boeing 787 Fleet
ALAFCO Aviation Lease and Finance Company (KSCC) has chosen the GEnx engine to power its additional Boeing 787 Dreamliners. ALAFCO has order a total of 22 Boeing 787 Dreamliners, all powered by GEnx engines...
Sama Signs an Agreement with GE for USD 51 Million
Sama, the new low-fare carrier in Saudi Arabia, has signed a 10-year, OnPointSM solution agreement with GE for the maintenance, repair and overhaul of its CFM56-3 fleet. The agreement is valued at more than $51 million (USD) over the life of the contract...
GE Security’s New ActiveKEY Delivers Wireless Productivity, Competitiveness and Safety Enhancements to Real Estate Agents
GE Security, Inc., a wholly owned indirect subsidiary of the General Electric Co. (NYSE: GE), today announced its new wireless lockbox key, ActiveKEY, has garnered significant early acceptance since its launch in August and is now being used by more than 33,000 real estate agents in more than 30 markets...
Will Your Hospital Be Prepared? New Report Examines Unfunded Liabilities and its Impact on Current and Future Capital Planning
To provide an understanding of the scope and effect of unfunded liabilities, such as defined benefit pensions and medical malpractice claims, HFMA and GE Healthcare Financial Services have released Managing Unfunded Liabilities: Will Your Hospital Be Prepared?, the third installment in the Financing the Future...
GE Healthcare Financial Services and Sechrist Sign Vendor Financing Agreement
This financing agreement will provide our growing number of hospital and healthcare clinic customers with a means to afford critical medical equipment,” said Jack Rollins, CEO of Sechrist Industries. “GE Healthcare Financial Services’ history in healthcare financing and its financial strength...
GE Business Unit Grows in India with Stake in Investment Arm of KSK, Leading Indian Power Project Developer
This transaction reinforces GE Energy Financial Services’ growth in India’s power market,” said Raghuveer Kurada, Managing Director of GE Energy Financial Services’ India operations. “KSK’s pioneering leadership in mid-sized captive power generation and access to dedicated low-cost fuel reserves creates opportunities for sizeable additional investment in new power projects...
GE Fanuc Intelligent Platforms Announces First NEBS-compliant PCI-X Packet Processors
Designed for applications such as session border control, secure access, network address translation (NAT), traffic management and firewall, the WANic 3850 and 3860 are the first packet processors...
The GEnx order is valued at more than $800 million (USD) list price. The order for the GE90-115B-powered Boeing 777 Freighters follows orders for two Boeing 777 freighter, 14 Boeing 777-300ER and six Boeing 777-200LR aircraft, which are also powered by the GE90-115B engines. The combined list price of the GE90-115B engines ordered for all 27 Boeing 777 aircraft is more than $1.2 billion list price...
Emirates Selects GP7200 Engines for Additional Airbus A380 Aircraft
Emirates has selected the GP7200 engine to power its 12 additional Airbus A380 aircraft. The engine order is valued at $800 million (USD) list price...
GE Corporate Lending Provides $550 Million to Finlay Enterprises, Inc. For Acquisition of Bailey Banks & Biddle
Founded in 1887, Finlay is a leading retailer of fine jewelry operating stand-alone jewelry stores and jewelry departments in department stores throughout the United States. Founded in 1832, Bailey Banks & Biddle operates 70 stand-alone fine jewelry retail stores throughout the United States offering jewelry and watches under high-end brand names
ClimateMaster Endorses Eco-Friendly Loan Program Offered Through GE Money & Electric & Gas Industries Association
The GEOSmart Loan program, sponsored by EGIA and funded by GE Money’s Sales Finance unit, provides both installment and revolving financing options and is available through EGIA-approved contractors to assist consumers looking to purchase a ClimateMaster geothermal heating, cooling and water heating system for their home. “The level of long-term financing provided through the GEOSmart Loan program is something that has long been needed in the geothermal heat pump...
Exelon Nuclear Selects GE Hitachi’s ESBWR
Exelon Nuclear is studying locations in Matagorda and Victoria counties in Texas as potential reactor sites to help address that state’s rapidly growing demand for energy...
Emirates Signs Fleet Management Agreement with Engine Alliance for GP7200 Engines
“As the largest customer of the GP7200 engines, Emirates is an important customer for the Engine Alliance and we look forward to working together with them to fulfill their service needs,” said Bruce Hughes, president of the Engine Alliance...
Saudi Arabian Airlines and GE Sign Overhaul Support Agreement
Under the agreement, GE Aviation will support Saudi Arabian Airlines’ new state-of-the-art facility that will be built in King Abdul Aziz Airport in the Kingdom of Saudi Arabia. The facility will serve the Saudi Arabian and the region market. Additionally, Saudi Arabian Airlines and GE have signed a memorandum of understanding (MOU) for GE to supply material to the airline...
Emirates Order Additional GE90-Powered Boeing 777 Aircraft
Emirates has also signed a 12-year OnPointSM solution service agreement for the maintenance and overhaul of its the GE90-115B engines. The agreement is worth more than $380M over the life of the contract...
Dubai Aerospace Enterprise Orders GE Engines for New Fleet
Bob Genise, CEO of DAE Capital, the Dubai-based group’s aircraft, leasing and finance business, said, “This deal, as part of a 100 aircraft order from Boeing, demonstrates our aim to quickly establish DAE Capital as a world-class aircraft leasing business.”...
Royal Jordanian Signed OnPoint Solution Services Agreement with GE
Created in 1963 by a Royal Decree issued by His Majesty the late King Hussein, Royal Jordanian has grown to cover a network of 54 destinations on four continents. Royal Jordanian operates an extensive fleet, including CF6-powered Airbus A310 aircraft, CF34-10E-powered EMB195, CFM56*-powered A340 aircraft and CFM56*-powered A320 aircraft. This year, Royal Jordanian joined OneworldTM airline alliance...
HP Hotels Secures $17.5 Million in Refinancing and Construction Loans from GE Capital Solutions, Franchise Finance
To further expand its growing hospitality portfolio HP Hotels chairman, Chiman Patel, turned to GE Capital Solutions, Franchise Finance for a $17.5 million refinancing loan for a Hampton Inn in Birmingham, Ala, and new construction of a 115-room Hilton Garden in Oklahoma City, Okla. Patel has a long-term relationship with...
GE Announces Weldstar Girth Weld Pipeline Inspection System
GE Sensing & Inspection Technologies, a business unit of GE Enterprise Solutions (NYSE: GE), announces the release of Weldstar, a complete, automated ultrasonic girth weld inspection system for transmission pipelines. Weldstar provides considerable gains in productivity and probability of detection, without the hazards...
GE Money and Thomasville Furniture Industries Extend Consumer Finance Program
GE Money and Thomasville Furniture Industries today announced a multi-year renewal of its consumer financing agreement, originally formed in 2003. The Thomasville credit card program, issued through GE Money’s Sales Finance unit...
ALAFCO Aviation Lease and Finance Company Selects GEnx Engine for Boeing 787 Fleet
ALAFCO Aviation Lease and Finance Company (KSCC) has chosen the GEnx engine to power its additional Boeing 787 Dreamliners. ALAFCO has order a total of 22 Boeing 787 Dreamliners, all powered by GEnx engines...
Sama Signs an Agreement with GE for USD 51 Million
Sama, the new low-fare carrier in Saudi Arabia, has signed a 10-year, OnPointSM solution agreement with GE for the maintenance, repair and overhaul of its CFM56-3 fleet. The agreement is valued at more than $51 million (USD) over the life of the contract...
GE Security’s New ActiveKEY Delivers Wireless Productivity, Competitiveness and Safety Enhancements to Real Estate Agents
GE Security, Inc., a wholly owned indirect subsidiary of the General Electric Co. (NYSE: GE), today announced its new wireless lockbox key, ActiveKEY, has garnered significant early acceptance since its launch in August and is now being used by more than 33,000 real estate agents in more than 30 markets...
Will Your Hospital Be Prepared? New Report Examines Unfunded Liabilities and its Impact on Current and Future Capital Planning
To provide an understanding of the scope and effect of unfunded liabilities, such as defined benefit pensions and medical malpractice claims, HFMA and GE Healthcare Financial Services have released Managing Unfunded Liabilities: Will Your Hospital Be Prepared?, the third installment in the Financing the Future...
GE Healthcare Financial Services and Sechrist Sign Vendor Financing Agreement
This financing agreement will provide our growing number of hospital and healthcare clinic customers with a means to afford critical medical equipment,” said Jack Rollins, CEO of Sechrist Industries. “GE Healthcare Financial Services’ history in healthcare financing and its financial strength...
GE Business Unit Grows in India with Stake in Investment Arm of KSK, Leading Indian Power Project Developer
This transaction reinforces GE Energy Financial Services’ growth in India’s power market,” said Raghuveer Kurada, Managing Director of GE Energy Financial Services’ India operations. “KSK’s pioneering leadership in mid-sized captive power generation and access to dedicated low-cost fuel reserves creates opportunities for sizeable additional investment in new power projects...
GE Fanuc Intelligent Platforms Announces First NEBS-compliant PCI-X Packet Processors
Designed for applications such as session border control, secure access, network address translation (NAT), traffic management and firewall, the WANic 3850 and 3860 are the first packet processors...
Friday, November 9, 2007
Recent News: Aviation Engines, Pensions, Vietcombank
GE To Supply Engines For 17 Cathay Pacific Aircraft
GE Aviation will supply engines for 17 Boeing Co. (BA) aircraft ordered by Cathay Pacific Airways Ltd...
GE Increases Pension Payments To 130,000 Retirees
General Electric Co. (GE) said Thursday it plans to increase pension benefit payments to more than 130,000 of its retirees from...
GE, Nomura in Talks to Purchase Stake in Vietcombank
General Electric Co. and a group that includes Nomura Holdings Inc. are in talks to buy a stake in Bank for Foreign Trade of Vietnam, the country's ...
GE Aviation will supply engines for 17 Boeing Co. (BA) aircraft ordered by Cathay Pacific Airways Ltd...
GE Increases Pension Payments To 130,000 Retirees
General Electric Co. (GE) said Thursday it plans to increase pension benefit payments to more than 130,000 of its retirees from...
GE, Nomura in Talks to Purchase Stake in Vietcombank
General Electric Co. and a group that includes Nomura Holdings Inc. are in talks to buy a stake in Bank for Foreign Trade of Vietnam, the country's ...
GE Press Releases: Fanuc, Roper Appliances, Pension Payments, Credit, Water
GE Fanuc Intelligent Platforms Announces High Performance Rugged 3U CompactPCI Solution
Demonstrating once again the company’s ability to deliver maximum functionality in the smallest space, GE Fanuc Intelligent Platforms today announced the rugged CM6 3U CompactPCI single board computer. Featuring a Freescale™ PowerPC™ MPC8641 operating ...
GE Metal Preparation Process Saves Money, Water, Reduces CO2 Emissions for Roper Corporation
GE Water & Process Technologies, a unit of General Electric Company (NYSE:GE) today presented Roper Corporation, a wholly owned subsidiary of General Electric that manufactures cooking appliances, with a 2007 ecomagination leadership award for...
GE Increases Pension Payments to 130,000 Retirees
GE will increase its pension benefit payments to more than 130,000 eligible retirees, effective December 1, 2007, GE Chairman and CEO Jeff Immelt announced today...
Plutonic and GE Close $470 Million Credit Facility; Financing of 196 MW Run-of-River Hydroelectric Project Completed
The project’s credit facilities were co-arranged by The Manufacturers Life Insurance Company (Manulife) (TSX, NYSE: MFC) and GE Capital Markets (Canada) Ltd. (a Canadian affiliate of GE Energy Financial Services) which together led a syndicate of lenders to provide...
GE ZeeWeed UF Membranes to Help Protect Water Quality of Major Reservoir in U.S. Southwest
GE Water & Process Technologies, a unit of General Electric Company (NYSE: GE) has been selected to supply its advanced ZeeWeed membranes for a 30-MGD (average daily flow) tertiary ultrafiltration upgrade of the 110-MGD Clark County Water Reclamation Facility (WRF) in Nevada. The facility, which treats...
SonicWALL Supports the Reseller Channel with Finance Programs through GE Capital Solutions’ Commercial Distribution Finance Unit
SonicWALL is committed to supporting our channel with finance programs through GE that allow them to control cash flow and streamline their business processes...
GE Provides $225 Million Credit Facility to United Agri Products, Inc., the Largest Independent Distributor of Agricultural and Non-Crop Inputs
UAP is the largest independent distributor of agricultural and non-crop inputs in the United States and Canada. The Company markets a comprehensive line of products including chemicals, seed, and fertilizer to growers and regional dealers. As part of the Company's product offering...
Demonstrating once again the company’s ability to deliver maximum functionality in the smallest space, GE Fanuc Intelligent Platforms today announced the rugged CM6 3U CompactPCI single board computer. Featuring a Freescale™ PowerPC™ MPC8641 operating ...
GE Metal Preparation Process Saves Money, Water, Reduces CO2 Emissions for Roper Corporation
GE Water & Process Technologies, a unit of General Electric Company (NYSE:GE) today presented Roper Corporation, a wholly owned subsidiary of General Electric that manufactures cooking appliances, with a 2007 ecomagination leadership award for...
GE Increases Pension Payments to 130,000 Retirees
GE will increase its pension benefit payments to more than 130,000 eligible retirees, effective December 1, 2007, GE Chairman and CEO Jeff Immelt announced today...
Plutonic and GE Close $470 Million Credit Facility; Financing of 196 MW Run-of-River Hydroelectric Project Completed
The project’s credit facilities were co-arranged by The Manufacturers Life Insurance Company (Manulife) (TSX, NYSE: MFC) and GE Capital Markets (Canada) Ltd. (a Canadian affiliate of GE Energy Financial Services) which together led a syndicate of lenders to provide...
GE ZeeWeed UF Membranes to Help Protect Water Quality of Major Reservoir in U.S. Southwest
GE Water & Process Technologies, a unit of General Electric Company (NYSE: GE) has been selected to supply its advanced ZeeWeed membranes for a 30-MGD (average daily flow) tertiary ultrafiltration upgrade of the 110-MGD Clark County Water Reclamation Facility (WRF) in Nevada. The facility, which treats...
SonicWALL Supports the Reseller Channel with Finance Programs through GE Capital Solutions’ Commercial Distribution Finance Unit
SonicWALL is committed to supporting our channel with finance programs through GE that allow them to control cash flow and streamline their business processes...
GE Provides $225 Million Credit Facility to United Agri Products, Inc., the Largest Independent Distributor of Agricultural and Non-Crop Inputs
UAP is the largest independent distributor of agricultural and non-crop inputs in the United States and Canada. The Company markets a comprehensive line of products including chemicals, seed, and fertilizer to growers and regional dealers. As part of the Company's product offering...
Thursday, November 8, 2007
Recent News: Insider Buying, Wind, Jobs in Energy, GE Money, NBC, China and India
GE Director Lafley Buys Shares
A director of conglomerate General Electric Co. bought 12,327 shares of stock, according to...
GE Unit Invests in Texas Wind Farm
GE Energy Financial Services announced Thursday it is investing in a 120-megawatt wind farm...
GE Adds NY Jobs As Energy Products Grow
Changing course after years of eliminating jobs in New York, General Electric Co. announced Wednesday that it is adding 500 new positions and investing more than $39 million in Schenectady...
GE Money Bank may be selling stake in Prague stock exchange - report
Money Bank, a unit of General Electric, may be selling its 6.5 pct stake in the Prague stock exchange, daily Hospodarske Noviny reported, citing unnamed market sources...
NBC Universal's Zucker dismisses sale rumors
NBC Universal Chief Executive Jeff Zucker on Monday dismissed repeated rumors that the media company would be sold by parent General Electric...
Supreme Court Turns Down GE Appeal
The Supreme Court on Monday rejected an appeal by General Electric Co. in a $3 million tax dispute with the state of New Hampshire...
China, India to shield GE from U.S. slowdown-Immelt
The head of General Electric Co the world's biggest industrial conglomerate, says a slowdown in the U.S. economy is unlikely to hit GE...
NBC-Fox Online Video Joint Venture Hulu Attracts Critics
As NBC Universal and News Corp. prep their Web site Hulu.com for its first major close-up with a test launch next week, the picture isn't pretty...
A director of conglomerate General Electric Co. bought 12,327 shares of stock, according to...
GE Unit Invests in Texas Wind Farm
GE Energy Financial Services announced Thursday it is investing in a 120-megawatt wind farm...
GE Adds NY Jobs As Energy Products Grow
Changing course after years of eliminating jobs in New York, General Electric Co. announced Wednesday that it is adding 500 new positions and investing more than $39 million in Schenectady...
GE Money Bank may be selling stake in Prague stock exchange - report
Money Bank, a unit of General Electric, may be selling its 6.5 pct stake in the Prague stock exchange, daily Hospodarske Noviny reported, citing unnamed market sources...
NBC Universal's Zucker dismisses sale rumors
NBC Universal Chief Executive Jeff Zucker on Monday dismissed repeated rumors that the media company would be sold by parent General Electric...
Supreme Court Turns Down GE Appeal
The Supreme Court on Monday rejected an appeal by General Electric Co. in a $3 million tax dispute with the state of New Hampshire...
China, India to shield GE from U.S. slowdown-Immelt
The head of General Electric Co the world's biggest industrial conglomerate, says a slowdown in the U.S. economy is unlikely to hit GE...
NBC-Fox Online Video Joint Venture Hulu Attracts Critics
As NBC Universal and News Corp. prep their Web site Hulu.com for its first major close-up with a test launch next week, the picture isn't pretty...
GE Press Releases: GE Money, 08 Shareholders Meeting, Antares, Wind, Fanuc, NBC, Sondex
GE Energy Completes Acquisition of Sondex, a Global Oilfield Technology Company
Sondex is headquartered in Hampshire in the United Kingdom and specializes in the engineering and manufacture of directional drilling and formation evaluation systems and wireline tools for the production of oil and gas...
GE Antares Provides $43.5 Million Credit Facility for A Leading Corporate Imaging and Custom Signage Provider
The financing consisted of a $17.5 million senior revolving credit facility and a $26 million senior term loan facility. Proceeds were used to fund the acquisition of Icon, and to provide for general working capital needs...
GE Money and Admiral Sunrooms Offer Consumer Finance Program
The programs provide customers installment and revolving lines of credit, flexible terms, an easy application process and fast funding decisions. Contractors and dealers offering this finance program also receive comprehensive customer service training, partner training and marketing materials...
Atlanta Public Schools Awarded Record-breaking $22 Million Grant from GE
Foundation
The GE Foundation today awarded a $22 million College Bound District grant to Atlanta Public Schools, marking the largest private grant in the district’s history. At Southside Comprehensive High School, more than 1,300 students, teachers, parents, administrators, community leaders and GE executives celebrated the award, designed to improve...
GE/NBC Universal’s Peacock Equity Invests in Mobile SMS Advertising Leader
4INFO
Peacock Equity, a joint venture between GE Commercial Finance’s Media, Communications & Entertainment business and NBC Universal, today announced an investment in mobile media company 4INFO, the leader in SMS/text message content and advertising. 4INFO is the sixth Peacock Equity investment since...
GE opens new mobile repair facilities to increase railcar availability and improve customers’ productivity
GE Equipment Services, Rail Services today announced the availability of several mobile repair facilities as part of its Repair Solutions suite of railcar repair services. The facilities, currently operational in La Porte, TX and opening soon in Mounds, IL, and Waycross, GA, leverage GE’s technical and regulatory knowledge of the rail industry...
GE Fanuc Intelligent Platforms Announces High Port Density Fiber Gigabit Ethernet AdvancedMCs
Continuing to expand the breadth and depth of the company’s leading AdvancedTCA™ and MicroTCA™ solutions, GE Fanuc Intelligent Platforms today announced the Telum™ GE-QLX/QSX Gigabit Ethernet AdvancedMC. Designed for any telecommunications...
GE Ranks #1 in Proactively Addressing World’s High-Tech Challenges
NISKAYUNA, N.Y.--(BUSINESS WIRE)--GE (NYSE: GE), today announced that it has been recognized as the world’s top research and development (R&D) company for proactively addressing the world’s biggest “high-tech challenges” by R&D Magazine...
SAT-GE Aids the Growth of PT Telkom in Eastern Indonesia Services Roll-Out
Using multiple transponders on the GE-23 satellite, PT Telkom are able to rapidly extend their GSM/CDMA network and other services over Eastern Indonesia, providing connectivity deep into Papua, Maluku and...
GE Unit Invests in New Texas Wind Project with Invenergy
GE Energy Financial Services, a unit of General Electric Company (NYSE: GE), is investing in a 120-megawatt wind farm in Texas with Invenergy Wind LLC, a leading global wind power developer...
GE Antares Provides $48 Million Credit Facility for A Leading Global Manufacturer of Weathering Test Equipment & Services
The financing consisted of a $24.0 million US credit facility and a €16.7 million European credit facility. Proceeds were used to fund the acquisition of Atlas, provide for general working capital needs, and to fund future growth...
Klee Named GE Vice President for Environmental Programs
Ann R. Klee has been named as Vice President of Corporate Environmental Programs for the General Electric Company, GE Senior Vice President and General Counsel Brackett Denniston announced today...
GE Money and Hobie Set Sail with New Consumer Finance Program
GE Money and Hobie Cat, a leading supplier of marine products for fishing, sailing and kayaking, today announced a new multi-year program that provides flexible financing for purchases at participating Hobie dealers nationwide...
GE Fanuc Intelligent Platforms and PrismTech Demonstrate Compact COTS Software Defined Radio
At the Software Defined Radio Forum Technical Conference and Product Exposition (Denver, CO, November 5 – 9) today, GE Fanuc Intelligent Platforms and PrismTech will together present a compact Software Defined Radio...
GE To Hold 2008 Shareowners Meeting in Erie, Pennsylvania
GE (NYSE: GE) announced today that it plans to hold its 2008 Annual Meeting of Shareowners on April 23, 2008 in Erie, Pennsylvania. The meeting is expected to be held at the Bayfront Convention Center...
GE Receives U.S. State Department Award for Corporate Citizenship
At a ceremony in Washington, DC, GE today received the Award for Corporate Excellence (ACE) from U.S. Secretary of State Condoleezza Rice. GE was recognized for its extensive corporate social responsibility programs in Indonesia...
Computer Dynamics Announces SealTouch-15 Environmentally Sealed Computer
Further extending the broad range of solutions offered by the company for computing in harsh industrial environments, Computer Dynamics, a GE Fanuc Intelligent Platforms company, today announced the SealTouch-15 rugged flat panel computer...
GE Money and Lane Home Furnishings Extend Consumer Finance Program
GE Money and Lane® Home Furnishings today announced a multi-year renewal of its consumer financing agreement, originally formed in 2003. The Lane credit card program...
Sondex is headquartered in Hampshire in the United Kingdom and specializes in the engineering and manufacture of directional drilling and formation evaluation systems and wireline tools for the production of oil and gas...
GE Antares Provides $43.5 Million Credit Facility for A Leading Corporate Imaging and Custom Signage Provider
The financing consisted of a $17.5 million senior revolving credit facility and a $26 million senior term loan facility. Proceeds were used to fund the acquisition of Icon, and to provide for general working capital needs...
GE Money and Admiral Sunrooms Offer Consumer Finance Program
The programs provide customers installment and revolving lines of credit, flexible terms, an easy application process and fast funding decisions. Contractors and dealers offering this finance program also receive comprehensive customer service training, partner training and marketing materials...
Atlanta Public Schools Awarded Record-breaking $22 Million Grant from GE
Foundation
The GE Foundation today awarded a $22 million College Bound District grant to Atlanta Public Schools, marking the largest private grant in the district’s history. At Southside Comprehensive High School, more than 1,300 students, teachers, parents, administrators, community leaders and GE executives celebrated the award, designed to improve...
GE/NBC Universal’s Peacock Equity Invests in Mobile SMS Advertising Leader
4INFO
Peacock Equity, a joint venture between GE Commercial Finance’s Media, Communications & Entertainment business and NBC Universal, today announced an investment in mobile media company 4INFO, the leader in SMS/text message content and advertising. 4INFO is the sixth Peacock Equity investment since...
GE opens new mobile repair facilities to increase railcar availability and improve customers’ productivity
GE Equipment Services, Rail Services today announced the availability of several mobile repair facilities as part of its Repair Solutions suite of railcar repair services. The facilities, currently operational in La Porte, TX and opening soon in Mounds, IL, and Waycross, GA, leverage GE’s technical and regulatory knowledge of the rail industry...
GE Fanuc Intelligent Platforms Announces High Port Density Fiber Gigabit Ethernet AdvancedMCs
Continuing to expand the breadth and depth of the company’s leading AdvancedTCA™ and MicroTCA™ solutions, GE Fanuc Intelligent Platforms today announced the Telum™ GE-QLX/QSX Gigabit Ethernet AdvancedMC. Designed for any telecommunications...
GE Ranks #1 in Proactively Addressing World’s High-Tech Challenges
NISKAYUNA, N.Y.--(BUSINESS WIRE)--GE (NYSE: GE), today announced that it has been recognized as the world’s top research and development (R&D) company for proactively addressing the world’s biggest “high-tech challenges” by R&D Magazine...
SAT-GE Aids the Growth of PT Telkom in Eastern Indonesia Services Roll-Out
Using multiple transponders on the GE-23 satellite, PT Telkom are able to rapidly extend their GSM/CDMA network and other services over Eastern Indonesia, providing connectivity deep into Papua, Maluku and...
GE Unit Invests in New Texas Wind Project with Invenergy
GE Energy Financial Services, a unit of General Electric Company (NYSE: GE), is investing in a 120-megawatt wind farm in Texas with Invenergy Wind LLC, a leading global wind power developer...
GE Antares Provides $48 Million Credit Facility for A Leading Global Manufacturer of Weathering Test Equipment & Services
The financing consisted of a $24.0 million US credit facility and a €16.7 million European credit facility. Proceeds were used to fund the acquisition of Atlas, provide for general working capital needs, and to fund future growth...
Klee Named GE Vice President for Environmental Programs
Ann R. Klee has been named as Vice President of Corporate Environmental Programs for the General Electric Company, GE Senior Vice President and General Counsel Brackett Denniston announced today...
GE Money and Hobie Set Sail with New Consumer Finance Program
GE Money and Hobie Cat, a leading supplier of marine products for fishing, sailing and kayaking, today announced a new multi-year program that provides flexible financing for purchases at participating Hobie dealers nationwide...
GE Fanuc Intelligent Platforms and PrismTech Demonstrate Compact COTS Software Defined Radio
At the Software Defined Radio Forum Technical Conference and Product Exposition (Denver, CO, November 5 – 9) today, GE Fanuc Intelligent Platforms and PrismTech will together present a compact Software Defined Radio...
GE To Hold 2008 Shareowners Meeting in Erie, Pennsylvania
GE (NYSE: GE) announced today that it plans to hold its 2008 Annual Meeting of Shareowners on April 23, 2008 in Erie, Pennsylvania. The meeting is expected to be held at the Bayfront Convention Center...
GE Receives U.S. State Department Award for Corporate Citizenship
At a ceremony in Washington, DC, GE today received the Award for Corporate Excellence (ACE) from U.S. Secretary of State Condoleezza Rice. GE was recognized for its extensive corporate social responsibility programs in Indonesia...
Computer Dynamics Announces SealTouch-15 Environmentally Sealed Computer
Further extending the broad range of solutions offered by the company for computing in harsh industrial environments, Computer Dynamics, a GE Fanuc Intelligent Platforms company, today announced the SealTouch-15 rugged flat panel computer...
GE Money and Lane Home Furnishings Extend Consumer Finance Program
GE Money and Lane® Home Furnishings today announced a multi-year renewal of its consumer financing agreement, originally formed in 2003. The Lane credit card program...
Friday, October 26, 2007
GE Press Releases (26 Oct 07)
GE Inspection Technologies completes acquisition of Phoenix X-ray
GE Inspection Technologies, a unit of General Electric Company (NYSE:GE), announced today that it has completed the acquisition of Phoenix X-ray...
GE Money and Wood-Mizer Cut New Deal for Financing
GE Money and Wood-Mizer, a manufacturer of portable saw mills, today announced a multi-year agreement to provide revolving and installment financing through the Cutting Edge program, managed by GE Money’s Sales Finance unit...
GE Money and National Tour Association Travel Ahead with Consumer Finance Program
GE Money and the National Tour Association (NTA), a trade organization for tourism professionals, today announced a five-year extension of the GE Money Travel Finance Program...
ARC Advisory Group Presents New Collaborative Production Systems (CPS) Manufacturing Model at GE Fanuc Users Conference
GE Fanuc Intelligent Platforms, a unit of GE Enterprise Solutions, has announced its support for the ARC Advisory Group’s new manufacturing model, entitled Collaborative Production Systems...
GE Global Research Announces $6.8 Million to Accelerate Technology Advancements for Plug-in Hybrid Electric Vehicles
GE Global Research, the centralized research organization of the General Electric Company (NYSE: GE) today announced $6.8 million in funding for two projects with the U.S. Department of Energy
GE ecomagination R&D Investment to Reach $1 Billion by Year End, Driving Expansion of Advanced Technology Pipeline
Today GE (NYSE: GE) announced that it will invest more than $1 billion on cleaner technology research and development (R&D) for 2007, drawing closer to its pledge to invest $1.5 billion annually on ecomagination R&D by 2010. One of four GE ecomagination commitments...
NBC Universal's 'Green Is Universal' Initiative Includes More Than 150 Hours of Green-Themed Content
NBC Universal announced details for more than 150 hours of environmentally themed content encompassing all of NBCU’s divisions across multiple platforms for the week of Nov. 4 - 10...
GE Provides $117.25 Million Credit Facility to Support Arlington Capital Partners’ Acquisition of Daily Racing Form
GE Commercial Finance’s Media, Communications & Entertainment business today announced it has closed a transaction as administrative agent for a $117.25 million credit facility to support Washington D.C.-based private equity firm Arlington Capital Partners...
GE Aviation Provides Flight Management Upgrade for Southwest Airlines’ B737
GE Aviation has been awarded a contract from Southwest Airlines to provide the flight management system upgrade for 200 Boeing 737 Classic aircraft...
GE Inspection Technologies, a unit of General Electric Company (NYSE:GE), announced today that it has completed the acquisition of Phoenix X-ray...
GE Money and Wood-Mizer Cut New Deal for Financing
GE Money and Wood-Mizer, a manufacturer of portable saw mills, today announced a multi-year agreement to provide revolving and installment financing through the Cutting Edge program, managed by GE Money’s Sales Finance unit...
GE Money and National Tour Association Travel Ahead with Consumer Finance Program
GE Money and the National Tour Association (NTA), a trade organization for tourism professionals, today announced a five-year extension of the GE Money Travel Finance Program...
ARC Advisory Group Presents New Collaborative Production Systems (CPS) Manufacturing Model at GE Fanuc Users Conference
GE Fanuc Intelligent Platforms, a unit of GE Enterprise Solutions, has announced its support for the ARC Advisory Group’s new manufacturing model, entitled Collaborative Production Systems...
GE Global Research Announces $6.8 Million to Accelerate Technology Advancements for Plug-in Hybrid Electric Vehicles
GE Global Research, the centralized research organization of the General Electric Company (NYSE: GE) today announced $6.8 million in funding for two projects with the U.S. Department of Energy
GE ecomagination R&D Investment to Reach $1 Billion by Year End, Driving Expansion of Advanced Technology Pipeline
Today GE (NYSE: GE) announced that it will invest more than $1 billion on cleaner technology research and development (R&D) for 2007, drawing closer to its pledge to invest $1.5 billion annually on ecomagination R&D by 2010. One of four GE ecomagination commitments...
NBC Universal's 'Green Is Universal' Initiative Includes More Than 150 Hours of Green-Themed Content
NBC Universal announced details for more than 150 hours of environmentally themed content encompassing all of NBCU’s divisions across multiple platforms for the week of Nov. 4 - 10...
GE Provides $117.25 Million Credit Facility to Support Arlington Capital Partners’ Acquisition of Daily Racing Form
GE Commercial Finance’s Media, Communications & Entertainment business today announced it has closed a transaction as administrative agent for a $117.25 million credit facility to support Washington D.C.-based private equity firm Arlington Capital Partners...
GE Aviation Provides Flight Management Upgrade for Southwest Airlines’ B737
GE Aviation has been awarded a contract from Southwest Airlines to provide the flight management system upgrade for 200 Boeing 737 Classic aircraft...
GE News (26 Oct 07)
China buys GE's 'green' push
In the two years since Stefano (Steve) Bertamini moved to Shanghai to become CEO of GE China, he has a sense that the days are less smoggy and more sunny...
Lessons From Jack Welch
Jack Welch went to the top at General Electric (NYSE:GE) GE by learning and hurdling boundaries...
Judge cuts $12 million award in GE case
A federal judge, while agreeing with a jury that found 'a significant degree of reprehensible conduct' by General Electric Co...
GE's China bank deal failed due to price: bankers
General Electric Co's two-year-long effort to buy a stake in Shenzhen Development Bank failed...
GE to spend $1 bln on ecomagination R&D this year
General Electric Co said on Tuesday it will spend about $1 billion this year on research and development into...
GE Gets Hybrid Technology Contracts
GE Global Research, the centralized research organization of the General Electric Co., said Tuesday it was awarded $6.8 million...
GE Gets $730M Contract for Wind Turbines
General Electric Co. will supply $730 million worth of wind turbines to Energias de Portugal SA...
GE CEO Immelt buys 83,000 shares
The chairman and chief executive of General Electric Co. bought 83,000 shares of common stock Monday, spending more than...
GE to upgrade Southwest Air's aviation systems
GE Aviation, a unit of General Electric Co, said on Monday it won a Southwest Airlines...
In the two years since Stefano (Steve) Bertamini moved to Shanghai to become CEO of GE China, he has a sense that the days are less smoggy and more sunny...
Lessons From Jack Welch
Jack Welch went to the top at General Electric (NYSE:GE) GE by learning and hurdling boundaries...
Judge cuts $12 million award in GE case
A federal judge, while agreeing with a jury that found 'a significant degree of reprehensible conduct' by General Electric Co...
GE's China bank deal failed due to price: bankers
General Electric Co's two-year-long effort to buy a stake in Shenzhen Development Bank failed...
GE to spend $1 bln on ecomagination R&D this year
General Electric Co said on Tuesday it will spend about $1 billion this year on research and development into...
GE Gets Hybrid Technology Contracts
GE Global Research, the centralized research organization of the General Electric Co., said Tuesday it was awarded $6.8 million...
GE Gets $730M Contract for Wind Turbines
General Electric Co. will supply $730 million worth of wind turbines to Energias de Portugal SA...
GE CEO Immelt buys 83,000 shares
The chairman and chief executive of General Electric Co. bought 83,000 shares of common stock Monday, spending more than...
GE to upgrade Southwest Air's aviation systems
GE Aviation, a unit of General Electric Co, said on Monday it won a Southwest Airlines...
Monday, August 13, 2007
Recent General Electric News & Headlines
- GE Appoints Three Company Officers (Digital50.com)
- Breaking down GE's Industrial business: A BloggingStocks series (BloggingStocks.com)
- Olympic sponsor GE sees green in Beijing buildout (Canada.com)
- Demand For Wind Farms Helps Woodward Governor (CNNMoney.com)
- GE Sees Business Windfall With Olympics (Forbes)
- Satisfied customers part of the process for GE chief (The Age Australia)
- GE plant likely to close (The Bristol Press)
- Oxford, GE reach deal on plant (ConnPost.com)
- Breaking down GE's Industrial business: A BloggingStocks series (BloggingStocks.com)
- Olympic sponsor GE sees green in Beijing buildout (Canada.com)
- Demand For Wind Farms Helps Woodward Governor (CNNMoney.com)
- GE Sees Business Windfall With Olympics (Forbes)
- Satisfied customers part of the process for GE chief (The Age Australia)
- GE plant likely to close (The Bristol Press)
- Oxford, GE reach deal on plant (ConnPost.com)
Recent GE Aviation News
- GE Aviation to produce Black Hawk helicopter engine (Business Courier)
- Virgin/Boeing/GE near biofuel selection for test (Flight International)
- Fighter engine project no sure thing for GE Aviation (Business Courier)
- GE Aviation wins $250M order (Business Courier)
- Interview With Catherine Gridley, GE Aviation (Aviation Week)
- Air India selects GE Aviation's GE90-115B engines to power Boeing 777-200LR (India Aviation)
- Greener engines good for business at GE (The Cincinnati Post)
- GE Aviation systems power M1A2 Abrams main battle tank (Military & Aerospace Electronics)
- Rolls-Royce engine certified for Boeing's 787 (Reuters)
- House committee approves F136 engine funding (Business Courier)
- Virgin/Boeing/GE near biofuel selection for test (Flight International)
- Fighter engine project no sure thing for GE Aviation (Business Courier)
- GE Aviation wins $250M order (Business Courier)
- Interview With Catherine Gridley, GE Aviation (Aviation Week)
- Air India selects GE Aviation's GE90-115B engines to power Boeing 777-200LR (India Aviation)
- Greener engines good for business at GE (The Cincinnati Post)
- GE Aviation systems power M1A2 Abrams main battle tank (Military & Aerospace Electronics)
- Rolls-Royce engine certified for Boeing's 787 (Reuters)
- House committee approves F136 engine funding (Business Courier)
GE Plastics Sale Updates...
- EU clears SABIC's buy of GE Plastics (Reuters)
- GE wins EU approval to sell plastics unit to Saudi petrochemicals company (IHT)
- GE Plastics changing name to Sabic Innovative Plastics (canplastics.com)
- GE Plastics' glazing for stadiums and arenas (Construction & Maintenance)
- EU inquiry deadline for Sabic buy of General Electric's plastics unit Aug 3 (Forbes)
- GE wins EU approval to sell plastics unit to Saudi petrochemicals company (IHT)
- GE Plastics changing name to Sabic Innovative Plastics (canplastics.com)
- GE Plastics' glazing for stadiums and arenas (Construction & Maintenance)
- EU inquiry deadline for Sabic buy of General Electric's plastics unit Aug 3 (Forbes)
Monday, July 2, 2007
GE Money News
- GE Money to Increase Shareholding in Bank of Ayudhya to 31% (MSN Money / BusinessWire)
- GE raises holding in Thailand's BAY to 31 pct (Reuters)
- GE Money extends credit partnership with Gap through 2013 (Reuters)
- GE Money and Gap Inc. to Offer Visa Card, Extend Credit Partnership Through 2013 (Yahoo Finance / GE Press Release)
- GE raises holding in Thailand's BAY to 31 pct (Reuters)
- GE Money extends credit partnership with Gap through 2013 (Reuters)
- GE Money and Gap Inc. to Offer Visa Card, Extend Credit Partnership Through 2013 (Yahoo Finance / GE Press Release)
Sunday, July 1, 2007
Recent Analyst Ratings (Newratings.com)
- General Electric downgraded to "long term buy" - update (6/21/2007)
- General Electric "buy" (6/20/2007)
- General Electric "overweight," estimates revised (6/1/2007)
- General Electric "buy" (5/23/2007)
- General Electric "overweight," target price raised - update (5/22/2007)
Note: In the period of 5/21/2007 through 6/29/2007 GE's share price has increased $1.12. The period of time reflects the time that these analyst reports came out.
- General Electric "buy" (6/20/2007)
- General Electric "overweight," estimates revised (6/1/2007)
- General Electric "buy" (5/23/2007)
- General Electric "overweight," target price raised - update (5/22/2007)
Note: In the period of 5/21/2007 through 6/29/2007 GE's share price has increased $1.12. The period of time reflects the time that these analyst reports came out.
Energy News
- DTE Energy, GE unit in deal on power projects (MSN Money/Reuters)
- Carbon backlash: coal divides corporations (MSN Money/Reuters)
- Carbon backlash: coal divides corporations (MSN Money/Reuters)
Friday, June 29, 2007
SeekingAlpha on GE
- General Electric: The Dividend Champion (SeekingAlpha)
- Reflections on GE's New Compact Flourescent Lightbulb (SeekingAlpha)
- Is GE Ready to Return to Prime Time? (SeekingAlpha)
- Reflections on GE's New Compact Flourescent Lightbulb (SeekingAlpha)
- Is GE Ready to Return to Prime Time? (SeekingAlpha)
Thursday, June 28, 2007
GE Real Estate Investments
- GE bullish on Mexican, Brazilian real estate (Reuters)
- GE Real Estate favors boosting hotel loans (Reuters)
- GE "relatively optimistic" on U.S. real estate (Reuters)
- GE Real Estate favors boosting hotel loans (Reuters)
- GE "relatively optimistic" on U.S. real estate (Reuters)
New York Windpark
GE Workers Union Deal
- Union Members Ratify GE Contract (Forbes.com)
- GE U.S. workers ratify new four-year contract (Reuters)
- UPDATE: Unions Representing GE Workers Ratify New Contracts (CNNMoney.com)
- GE U.S. workers ratify new four-year contract (Reuters)
- UPDATE: Unions Representing GE Workers Ratify New Contracts (CNNMoney.com)
Friday, May 4, 2007
GE Future Looks Bright!
- 360 Degrees of General Electric (TheStreet.com)
- GE should spin off NBC, other units - Citigroup (Reuters)
- GE should spin off NBC, other units - Citigroup (Reuters)
Immelt Frustrated and Plastics Sale
- GE's CEO calls stock performance 'frustrating' (CNNMoney.com)
- GE Plastics bidders narrow after 1st round-sources (Reuters)
- Plastics Not the Future for GE (Forbes.com)
- GE Plastics bidders narrow after 1st round-sources (Reuters)
- Plastics Not the Future for GE (Forbes.com)
Recent Aerospace / Aviation Headlines
- Odd couple - Jet Engines (The Economist)
- GE planning foray into airport development business in India - report (Forbes.com)
- GE to wrap up Smiths Group aerospace unit acquisition 'shortly' (Forbes.com)
- Congress restores funding for joint strike fighter engine (MSN/bizjournals)
- EU approves GE's buy of Smiths aerospace assets (Reuters.uk)
- GE planning foray into airport development business in India - report (Forbes.com)
- GE to wrap up Smiths Group aerospace unit acquisition 'shortly' (Forbes.com)
- Congress restores funding for joint strike fighter engine (MSN/bizjournals)
- EU approves GE's buy of Smiths aerospace assets (Reuters.uk)
Monday, April 23, 2007
Healthcare, Transportation, Finance, and more
- Georgia healthcare system to install GE's radio frequency ID (Wisconsin Technology Network)
- GE sees 10 pct of revenue stemming from green products by 2010 - vice president (Forbes)
- GE signs nuclear deal with Hitachi (MENAFN.com)
- GE Healthcare Introduces New Purifcation Kits For Improved DNA Analysis (Medial News Today)
- FDA Clears GE Healthcare's Next-Generation Volume PET/CT Application For Oncology Clinicians (Medical Mews Today)
- GE finance division sees strong growth (Farifield County Business Journal)
- GE Transportation signs a contract to overhaul Tazara (Business in Africa)
- GE Healthcare showcases comprehensive portfolio at Arab Radiological Congress (AMEInfo)
- GE Healthcare Financial Services Closes $20 Million DealWith Centric Health Finance (Businesswire)
- Stockpickr: Barron's Roundup - Insider Buying - (TheStreet.com)
- GE Corporate Lending Provides $365 Million Credit Facility to WESCO Distribution, Inc(Businesswire / MSN)
- GE sees 10 pct of revenue stemming from green products by 2010 - vice president (Forbes)
- GE signs nuclear deal with Hitachi (MENAFN.com)
- GE Healthcare Introduces New Purifcation Kits For Improved DNA Analysis (Medial News Today)
- FDA Clears GE Healthcare's Next-Generation Volume PET/CT Application For Oncology Clinicians (Medical Mews Today)
- GE finance division sees strong growth (Farifield County Business Journal)
- GE Transportation signs a contract to overhaul Tazara (Business in Africa)
- GE Healthcare showcases comprehensive portfolio at Arab Radiological Congress (AMEInfo)
- GE Healthcare Financial Services Closes $20 Million DealWith Centric Health Finance (Businesswire)
- Stockpickr: Barron's Roundup - Insider Buying - (TheStreet.com)
- GE Corporate Lending Provides $365 Million Credit Facility to WESCO Distribution, Inc(Businesswire / MSN)
Wednesday, April 18, 2007
GE: Greener Electric
- GE Grapples With Green Growth (Motley Fool)
- GE Wins Green Globe Award For Water Reclamation (Water Online)
- TXU Energy and GE Offer Consumers Earth Day Savings on Energy-Efficient Light Bulbs (PR-Inside.com)
- GE Wins Green Globe Award For Water Reclamation (Water Online)
- TXU Energy and GE Offer Consumers Earth Day Savings on Energy-Efficient Light Bulbs (PR-Inside.com)
Current & Recent Analyst Stock Ratings
- General Electric "buy" - Hillard Lyons (newratings)
- General Electric “outperform” - Credit Suisse (newratings)
- General Electric "overweight" - Prudential (newratings)
- General Electric "overweight" - Lehman Bros. (newratings)
- General Electric "buy" - UBS (newratings)
- General Electric “outperform” - Credit Suisse (newratings)
- General Electric "overweight" - Prudential (newratings)
- General Electric "overweight" - Lehman Bros. (newratings)
- General Electric "buy" - UBS (newratings)
GE Plastics: New Products
- GE Plastics Debuts Resin for Demanding Aircraft Interiors (Jobwerx)
- GE Plastics Clear Film Helps Retailers and Shoppers (Jobwerx)
- GE Plastics (GE Website)
- GE Plastics Clear Film Helps Retailers and Shoppers (Jobwerx)
- GE Plastics (GE Website)
Monday, April 16, 2007
New GE Media Equity Fund
- GE, NBC Universal debut $250M media fund (CNNMoney.com)
- GE Launches $250 Million Media Investment Fund; First $3 Million Goes To Adify (paidcontent.org)
- NBC Universal (NBC Universal Website)
- GE Launches $250 Million Media Investment Fund; First $3 Million Goes To Adify (paidcontent.org)
- NBC Universal (NBC Universal Website)
Acquisition: Wave Biotech LLC
- GE Healthcare Acquires Wave Biotech LLC, Broadening Capabilities in Growing Biopharmaceutical Manufacture Segment (BusinessWire / MSN Money)
- GE Healthcare Purchases Wave Biotech - Quick Facts (Trading Markets)
- GE Buys Wave Biotech (TheStreet.com)
- GE HEALTHCARE ACQUIRES WAVE BIOTECH LLC, BROADENING CAPABILITIES IN GROWING BIOPHARMACEUTICAL MANUFACTURE SEGMENT (GE News Release)
- GE Healthcare (GE Website)
- Wave Biotech LLC. (Wave Biotech Website)
- GE Healthcare Purchases Wave Biotech - Quick Facts (Trading Markets)
- GE Buys Wave Biotech (TheStreet.com)
- GE HEALTHCARE ACQUIRES WAVE BIOTECH LLC, BROADENING CAPABILITIES IN GROWING BIOPHARMACEUTICAL MANUFACTURE SEGMENT (GE News Release)
- GE Healthcare (GE Website)
- Wave Biotech LLC. (Wave Biotech Website)
News: NBC, Aviation, and Appliances
- NBC Uni b'cast, film units a drag for GE (Hollywood Reporter)
- GE Racing To Keep Pace With Hot Sales (Aviation Week)
- GE set to launch first new appliance brand in 15 years (Business First/MSNBC)
- GE Racing To Keep Pace With Hot Sales (Aviation Week)
- GE set to launch first new appliance brand in 15 years (Business First/MSNBC)
Saturday, April 14, 2007
Plastics Sale on the Horizon
Couple of headlines about the upcoming sale of GE Plastics:
- Sale of plastics unit planned by GE in 3rd quarter (ploymerupdate.com)
- General Electric CFO expects plastics deal in second quarter (MarketWatch)
The move shows GE's desire and plan to get out of energy consuming businesses and into energy producing businesses.
GE Plastics Homepage
- Sale of plastics unit planned by GE in 3rd quarter (ploymerupdate.com)
- General Electric CFO expects plastics deal in second quarter (MarketWatch)
The move shows GE's desire and plan to get out of energy consuming businesses and into energy producing businesses.
GE Plastics Homepage
Friday, April 13, 2007
Recent Blog Posts
- General Electric Co. (GE) Earnings Up 2 Percent (Jim Cramer Blog)
- Jim Cramer's Wall Street Confidential Video Recap (MaddMoney)
- Six Sigma in Shenzhen (CPADaily.com)
- Imus, freedom of speech, and money (BloggingStocks)
- Jim Cramer's Wall Street Confidential Video Recap (MaddMoney)
- Six Sigma in Shenzhen (CPADaily.com)
- Imus, freedom of speech, and money (BloggingStocks)
Recent News
- United Colors of General Electric: Fool by Numbers (Motley Fool)
- US STOCKS-Blue chips gain on higher profit forecasts (Reuters)
- GE profit up, driven by infrastructure growth (Reuters)
- Mortgages Don't Hinder GE Earnings (Forbes)
- Stocks to open mixed; economy, GE in focus (Reuters)
- Looking for Light From GE (TheStreet.com)
- Barnes Aerospace, GE in ink deal (BusinessWeek.com)
- General Electric to expand in Germany through more staff, coops, acquisitions (Forbes)
- Secrets of an HR Superstar (BusinessWeek.com)
- GE executive predicts growth in real estate (San Jose Mercury News)
Monday, April 9, 2007
Welcome to GE Investor News & Information
I will feature news and information that is relevant to GE shareholders. Please bookmark this page and come back soon. Thanks for visiting!
