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GE forms digital unit, says energy management head to retire

Last Updated: Tuesday, September 15, 2015, 08:50

GE, which under Chief Executive Jeff Immelt has made a big bet on marrying software and analytics with its industrial products, will bring all of the digital capabilities from across the company into one organisation, it said.

GE ties up with Qualcomm, Apple in new lighting business bet

Last Updated: Monday, May 4, 2015, 22:18

General Electric Co on Monday announced collaborations with Qualcomm Inc and Apple Inc as it uses digital technology and the growing appetite for data to reinvigorate its 130-year-old lighting business.

GE in talks to sell lending, leasing portfolio to Wells Fargo: Source

Last Updated: Monday, April 20, 2015, 23:43

General Electric Co is in early-stage talks with Wells Fargo & Co about selling its entire $74 billion U.S. commercial lending and leasing (CLL) portfolio to the bank, according to a source familiar with the situation.

Strong dollar hit to GE, Honeywell may bode poorly for other industrials

Last Updated: Saturday, April 18, 2015, 00:32

General Electric Co and Honeywell International Inc said on Friday they will take steps to cushion the impact of a stronger dollar, which hurt first-quarter results at both companies.

GE to sell bulk of finance unit, return up to $90 billion to investors

Last Updated: Friday, April 10, 2015, 23:32

Blackstone Group LP and Wells Fargo & Co confirmed that they were buying most of the assets of GE Capital Real Estate for about $23 billion.

GE to sell real estate holdings, sets $50 billion share buyback

Last Updated: Friday, April 10, 2015, 17:38

General Electric Co said it would sell the bulk of its real estate portfolio to investors including Blackstone Group and Wells Fargo & Co for $26.5 billion, in the biggest commercial real estate deal since 2007.

GE profit margins fall short, shares slide

Last Updated: Saturday, January 18, 2014, 01:50

General Electric Co posted disappointing 2013 profit margins on Friday, hurt by delayed wind turbine deliveries and poor energy management results, offsetting a 5 percent rise in quarterly earnings.

GE developing affordable medical imaging products for India

Last Updated: Thursday, December 1, 2011, 17:32

Global healthcare imaging equipment giant, General Electric Co (GE), is eyeing India in a big way and plans to come out with more affordable and hand-held products to penetrate the country's vast rural market.