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 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...