The Rewards of Olympic Hospitality
For General Electric Co., being a big Olympic sponsor isn't only about generating revenue and buffing its public image. The Fairfield, Conn., company also sees Beijing as an exotic venue for wining and dining top-performing employees and important clients. General Electric is hosting 2,000 customers and other guests from around the world in Beijing during the Games, inviting them to meals and offering tickets to Olympic events and sightseeing trips. Chairman and Chief Executive Jeffrey Immelt and other senior executives are among those playing host, according to GE spokeswoman Deirdre Latour.
China to get first of 300 GE locomotives by end-Aug
General Electric Co said on Thursday it would deliver the first of 300 advanced locomotives to China by the end of August, with the remainder arriving by mid 2010...
GE Board Authorizes Regular Quarterly Dividend 31c
The Board of Directors of General Electric Company authorized a regular quarterly dividend of $0.31 per outstanding share of the Company's common stock. The dividend is payable October 27, 2008 to shareowners of record at the close of business on September 22, 2008. The ex-dividend date is September 18, 2008...
GE's Making All the Right Moves
Earlier this week, I wrote that with market conditions being what they are, Fools might revisit the largest U.S. company, ExxonMobil (NYSE: XOM). It therefore may seem like a systematic traipse down Market Cap Lane when I suggest that No. 2 General Electric (NYSE: GE) also deserves more than a passing gander. The past year hasn't been an especially happy one for the General. With Mr. Market anything but stable, its shares have declined by about a quarter to around $29. And if you take the time to skim the company's second-quarter earnings release...
Will Olympic Coverage Score General Electric a Gold?
Every 4 years, the greatest athletes in the world gather to put on an athletic spectacle worthy of the gods residing on Mt. Olympus, giving us the name of this athletic extravaganza: The Olympics. Many things have changed from the original Olympic Games; women are allowed to watch and compete, there are Summer and Winter Games, the competitors wear clothes, and you can watch the competition on television and via the Internet ... thanks to General Electric. Yes, General Electric – remember folks, that this conglomerate is the parent company of NBC....
GE Locates China Headquarters In Shanghai
General Electric announced that its China Technology Park in Shanghai's Zhangjiang Hi-Tech Park has been formally completed and it will become GE's headquarters in China...
GE's Olympic Score
Well, the Olympics are over, and Michael Phelps may be going home with eight gold medals, but he might as well start receiving GE dividends. The extraordinary swimmer helped to fuel Olympic mania, sending viewership of the peacock network, which is owned by conglomerate General Electric, soaring. In the end, the Beijing Olympics were the most-watched event in TV history, according to Nielsen Media Research. Olympics watching surpassed executives’ “wildest expectations” and drew in more viewers than the games in either Sydney or Athens...
Virgin Blue inks engine maintenance deal with GE
Virgin Blue inked a maintenance and overhaul agreement with GE for the Australian carrier's CFM International CFM56-7B engines...
NBC approves Pickens' "Iran" ad after complaint
NBC Universal approved an advertisement by T. Boone Pickens entitled "Iran" which questions U.S. dependence on foreign oil, after the oil tycoon complained that the network had rejected it...
Showing posts with label Rail. Show all posts
Showing posts with label Rail. Show all posts
Monday, September 1, 2008
Recent News: Blackstone, Appliances, Rail Cars, Olympics, Lobbying, GE Healthcare, Jeff Immelt: '...cable deals'
Blackstone joins China's Haier in bid for GE's appliances unit
The investment firm Blackstone is joining forces with one of China's largest consumer goods-makers in the $7bn auction of General Electric's appliances unit. Blackstone is drawing up plans to invest with Qingdao Haier, China's biggest white goods-maker, and hopes to build a global enterprise to compete with rivals such as Maytag and Electrolux...
General Electric may dump its rail car division
General Electric Co. may be close to selling its rail car leading division to GATX Corp. According to Bloomberg, GATX plans to "invest more aggressively" during a financial slowdown...
NBC sees new media habits form with Olympic games
About half of the people who are using mobile phones to pull down video or information about the Olympics have been trying out that technology for the first time, NBC said on Wednesday.
NBC Universal, a unit of General Electric Co., has been using the Olympics as something of a research lab to track the adoption of new media technology. Since the opening ceremony last Friday, the company has made content available online, through video on demand and via cell phones along with traditional TV...
General Electric spent nearly $5.4M lobbying in 2Q
General Electric Co. spent nearly $5.4 million in the second quarter lobbying on everything from patent reform to the fiscal 2009 defense spending bill, according to a disclosure report....
For Olympic Marketers, Emotions Pay
For many Olympic swimmers in Beijing, Speedo LZRs have helped produce record times. For winning advertisers during the Games, the key ingredient is proving to be emotional ads...
Huge Olympic Success To Add One Penny To GE's (GE) Bottom Line
The Olympics were far from a sure thing for NBC Universal. American interest in the games had been waning for years, and the prospect of a Chinese crackdown on protestors made many network bigwigs nervous...
U.S. FDA warns GE Healthcare unit over records
The U.S. Food and Drug Administration has warned GE Healthcare's Integrated IT Solutions unit about a dozen manufacturing violations including improper record keeping that could result in further action from the agency....
Immelt: GE ‘Not Done Doing Cable Deals’
General Electric chairman and CEO Jeff Immelt said that on the heels of NBC Universal’s acquisition of The Weather Channel, there may be more cable deals on the horizon. And he told CNBC’s Carl Quintanilla Monday morning that he is satisfied with the strategy of partnership arrangements such as the one formed for the TWC purchase.
The investment firm Blackstone is joining forces with one of China's largest consumer goods-makers in the $7bn auction of General Electric's appliances unit. Blackstone is drawing up plans to invest with Qingdao Haier, China's biggest white goods-maker, and hopes to build a global enterprise to compete with rivals such as Maytag and Electrolux...
General Electric may dump its rail car division
General Electric Co. may be close to selling its rail car leading division to GATX Corp. According to Bloomberg, GATX plans to "invest more aggressively" during a financial slowdown...
NBC sees new media habits form with Olympic games
About half of the people who are using mobile phones to pull down video or information about the Olympics have been trying out that technology for the first time, NBC said on Wednesday.
NBC Universal, a unit of General Electric Co., has been using the Olympics as something of a research lab to track the adoption of new media technology. Since the opening ceremony last Friday, the company has made content available online, through video on demand and via cell phones along with traditional TV...
General Electric spent nearly $5.4M lobbying in 2Q
General Electric Co. spent nearly $5.4 million in the second quarter lobbying on everything from patent reform to the fiscal 2009 defense spending bill, according to a disclosure report....
For Olympic Marketers, Emotions Pay
For many Olympic swimmers in Beijing, Speedo LZRs have helped produce record times. For winning advertisers during the Games, the key ingredient is proving to be emotional ads...
Huge Olympic Success To Add One Penny To GE's (GE) Bottom Line
The Olympics were far from a sure thing for NBC Universal. American interest in the games had been waning for years, and the prospect of a Chinese crackdown on protestors made many network bigwigs nervous...
U.S. FDA warns GE Healthcare unit over records
The U.S. Food and Drug Administration has warned GE Healthcare's Integrated IT Solutions unit about a dozen manufacturing violations including improper record keeping that could result in further action from the agency....
Immelt: GE ‘Not Done Doing Cable Deals’
General Electric chairman and CEO Jeff Immelt said that on the heels of NBC Universal’s acquisition of The Weather Channel, there may be more cable deals on the horizon. And he told CNBC’s Carl Quintanilla Monday morning that he is satisfied with the strategy of partnership arrangements such as the one formed for the TWC purchase.
Saturday, June 7, 2008
Recent News: Rail, Wind, Bear Market, and NBC "Late Night"
GE close to $263 mln Bosnia rail deal
Bosnia's Serb Republic government said on Friday it is close to clinching a 170 million euro ($263 mln) deal with U.S. conglomerate General Electric to help it rebuild its devastated rail network....
Iberdrola to buy wind turbines from GE
Iberdrola will buy wind farm turbines from General Electric capable of generating 300 megawatts of power, or enough to power 75,000 homes, Iberdrola announced Friday. Terms of the deal were not announced...
General Electric (GE): Bellwether for a Global Bear Market
Worldwide infrastructure appears to be the next big investment magnet, and General Electric Co. is in the news today for having raised $5.64 billion with its partner, Credit Suisse Group, in a large private-equity venture called Global Infrastructure Partners....
GE's NBC Confirms Fallon Will Replace O'Brien On "Late Night"
NBC Universal confirmed Jimmy Fallon will replace Conan O'Brien as host of "Late Night" in 2009. The New York media company, a division of General Electric Co. (GE), said Fallon is known for his role as co-anchor of Saturday Night Live's "Weekend Update" and various television and hosting roles...
Bosnia's Serb Republic government said on Friday it is close to clinching a 170 million euro ($263 mln) deal with U.S. conglomerate General Electric to help it rebuild its devastated rail network....
Iberdrola to buy wind turbines from GE
Iberdrola will buy wind farm turbines from General Electric capable of generating 300 megawatts of power, or enough to power 75,000 homes, Iberdrola announced Friday. Terms of the deal were not announced...
General Electric (GE): Bellwether for a Global Bear Market
Worldwide infrastructure appears to be the next big investment magnet, and General Electric Co. is in the news today for having raised $5.64 billion with its partner, Credit Suisse Group, in a large private-equity venture called Global Infrastructure Partners....
GE's NBC Confirms Fallon Will Replace O'Brien On "Late Night"
NBC Universal confirmed Jimmy Fallon will replace Conan O'Brien as host of "Late Night" in 2009. The New York media company, a division of General Electric Co. (GE), said Fallon is known for his role as co-anchor of Saturday Night Live's "Weekend Update" and various television and hosting roles...
Tuesday, May 13, 2008
Recent News: GE Wind Energy in Spain, GE Healthcare, GE Transportation, GE Energy Financial Services, GE Money, Rail, and GE Aviation.
Spain's Renovables buys GE wind turbines
Spanish renewable energy company Iberdrola Renovables said on Friday it had ordered 200 1.5 megawatt wind turbines from General Electric Co., worth around 430 million euros ($659 million)....
GE possibly wellspring of state's innovation
Southeastern Wisconsin has a much better shot at pulling talent out of the wealth of resources at GE Healthcare than technology, a panel of current and former GE executives said Thursday at a meeting of the Wisconsin Innovation Network in Brookfield....
GE opens 8-acre trailer re-sale center in Fontana
Freight movement from Pacific ports to inland distribution centers requires thousands of “mobile warehouse” over-the-road trailers, and a new GE re-sale center opening in Fontana helps truckers obtain pre-owned trailers at reasonable prices...
Town Learns G.E. Will Continue With Plans for Towantic Energy
G.E. Energy Financial Services of Stamford last week notified the town that it intends to go forward with the Towantic Energy project on Woodruff Hill Road, First Selectman Mary Ann Drayton-Rogers confirmed....
GE Money finds few takers for its loan portfolio
GE Money India is learnt to have found no takers for its wholly-owned personal loans and mortgages portfolios, with the interested parties quoting nearly half of the company’s expectation. The bidders say this could eventually lead to the proposed divestment plan being scrapped...
GE close to $263 mln Bosnia rail deal
Bosnia, May 9 (Reuters) - Bosnia's Serb Republic government said on Friday it is close to clinching a 170 million euro ($263 mln) deal with U.S. conglomerate General Electric to help it rebuild its devastated rail network....
GE Aviation expects its CF34 engine fleet to double in 10 years
With more than 4,000 CF34 engines powering regional aircraft, GE Aviation expects the engine fleet to exceed 8,600 by 2018 - based on the strong demand being forecast for GE-powered regional aircraft...
Spanish renewable energy company Iberdrola Renovables said on Friday it had ordered 200 1.5 megawatt wind turbines from General Electric Co., worth around 430 million euros ($659 million)....
GE possibly wellspring of state's innovation
Southeastern Wisconsin has a much better shot at pulling talent out of the wealth of resources at GE Healthcare than technology, a panel of current and former GE executives said Thursday at a meeting of the Wisconsin Innovation Network in Brookfield....
GE opens 8-acre trailer re-sale center in Fontana
Freight movement from Pacific ports to inland distribution centers requires thousands of “mobile warehouse” over-the-road trailers, and a new GE re-sale center opening in Fontana helps truckers obtain pre-owned trailers at reasonable prices...
Town Learns G.E. Will Continue With Plans for Towantic Energy
G.E. Energy Financial Services of Stamford last week notified the town that it intends to go forward with the Towantic Energy project on Woodruff Hill Road, First Selectman Mary Ann Drayton-Rogers confirmed....
GE Money finds few takers for its loan portfolio
GE Money India is learnt to have found no takers for its wholly-owned personal loans and mortgages portfolios, with the interested parties quoting nearly half of the company’s expectation. The bidders say this could eventually lead to the proposed divestment plan being scrapped...
GE close to $263 mln Bosnia rail deal
Bosnia, May 9 (Reuters) - Bosnia's Serb Republic government said on Friday it is close to clinching a 170 million euro ($263 mln) deal with U.S. conglomerate General Electric to help it rebuild its devastated rail network....
GE Aviation expects its CF34 engine fleet to double in 10 years
With more than 4,000 CF34 engines powering regional aircraft, GE Aviation expects the engine fleet to exceed 8,600 by 2018 - based on the strong demand being forecast for GE-powered regional aircraft...
Monday, May 12, 2008
Recent News: GE Rail Services Unit, NBC Super Bowl Ads, Consumer Loans, GE Healthcare & Merck, GE Aviation, GE Japan, and Boeing 737-900
GE seeking buyer for its rail services unit: report
General Electric is seeking a buyer for its rail services unit, in a deal that could be worth about $4 billion, according to people familiar with the company, The Financial Times reported on its Web site Friday. The move to sell the unit is part of GE's attempts to reduce its exposure to low-margin businesses after reporting disappointing first-quarter results last month, according to the newspaper. The unit leases 165,000 railroad cars and 120,000 trailers and containers. GE declined to comment on Friday night, the FT said...
NBC Super Bowl Ads to Cost $3 Million
The Super Bowl has always been a tough ticket, but now NBC is telling advertisers it will cost them $3 million just to get into the game -- for 30 seconds. NBC Universal, a unit of General Electric Co., plans to announce next week that $3 million will be the entry price for a commercial at the 2009 Super Bowl. While individual slots have sold at that level before, it's never been the starting point for negotiations for the dozens of 30-second ads sold for the game. It represents a price increase of more than 10%, roughly double the usual annual rise...
GE to drop consumer loans for boats, motorhomes
General Electric Co said on Monday it would stop offering loans for the purchase of consumer boats and motorhomes, in another blow to the hard-hit recreational products sector.
The second-largest U.S. company by market capitalization told boat and recreational-vehicle dealers that it would cease taking applications by July and cease underwriting new loans on Aug. 1, said Cristy Williams, a spokeswoman for GE Money, the company's consumer finance arm. It will continue to service its $3.6 billion loan portfolio...
GE Healthcare and Merck enter into technology sharing agreement
GE Healthcare, a provider of transformational medical technologies and services and a subsidiary of the General Electric Company (NYSE:GE), announced on Monday (5 May) that the company has entered into a non-exclusive agreement with Merck & Co Inc, a pharmaceutical company, to share technology on imaging of the lungs....
GE officials hope to work with Raspet
Officials with GE Aviation hope to continue the relationship they've developed with Mississippi State University's Raspet Flight Research Lab, an official said Monday...
Acom in Lead to Buy GE Japan Consumer Lender
General Electric will likely pick rival lender Acom as preferred bidder for its Japanese consumer loan business, paving the way for a $2.9 billion deal to create the country's biggest industry player, the Yomiuri paper said, sending Acom's shares to eight-month highs...
Boeing Delivers 737-900ERs To GE Unit For Lease To Futura
Boeing Co. (BA) said it delivered Europe's first two next-generation 737-900ER aircraft to General Electric Co. (GE) unit GE Commercial Aviation Services for lease to Futura International Airways of Spain....
General Electric is seeking a buyer for its rail services unit, in a deal that could be worth about $4 billion, according to people familiar with the company, The Financial Times reported on its Web site Friday. The move to sell the unit is part of GE's attempts to reduce its exposure to low-margin businesses after reporting disappointing first-quarter results last month, according to the newspaper. The unit leases 165,000 railroad cars and 120,000 trailers and containers. GE declined to comment on Friday night, the FT said...
NBC Super Bowl Ads to Cost $3 Million
The Super Bowl has always been a tough ticket, but now NBC is telling advertisers it will cost them $3 million just to get into the game -- for 30 seconds. NBC Universal, a unit of General Electric Co., plans to announce next week that $3 million will be the entry price for a commercial at the 2009 Super Bowl. While individual slots have sold at that level before, it's never been the starting point for negotiations for the dozens of 30-second ads sold for the game. It represents a price increase of more than 10%, roughly double the usual annual rise...
GE to drop consumer loans for boats, motorhomes
General Electric Co said on Monday it would stop offering loans for the purchase of consumer boats and motorhomes, in another blow to the hard-hit recreational products sector.
The second-largest U.S. company by market capitalization told boat and recreational-vehicle dealers that it would cease taking applications by July and cease underwriting new loans on Aug. 1, said Cristy Williams, a spokeswoman for GE Money, the company's consumer finance arm. It will continue to service its $3.6 billion loan portfolio...
GE Healthcare and Merck enter into technology sharing agreement
GE Healthcare, a provider of transformational medical technologies and services and a subsidiary of the General Electric Company (NYSE:GE), announced on Monday (5 May) that the company has entered into a non-exclusive agreement with Merck & Co Inc, a pharmaceutical company, to share technology on imaging of the lungs....
GE officials hope to work with Raspet
Officials with GE Aviation hope to continue the relationship they've developed with Mississippi State University's Raspet Flight Research Lab, an official said Monday...
Acom in Lead to Buy GE Japan Consumer Lender
General Electric will likely pick rival lender Acom as preferred bidder for its Japanese consumer loan business, paving the way for a $2.9 billion deal to create the country's biggest industry player, the Yomiuri paper said, sending Acom's shares to eight-month highs...
Boeing Delivers 737-900ERs To GE Unit For Lease To Futura
Boeing Co. (BA) said it delivered Europe's first two next-generation 737-900ER aircraft to General Electric Co. (GE) unit GE Commercial Aviation Services for lease to Futura International Airways of Spain....
Thursday, November 8, 2007
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...
