$GE (General Electric Company)

$GE {{ '2016-09-20T06:29:13+0000' | timeago}} • Announcement

Since the April 2015 announcement of $GE selling most GE Capital assets, GE Capital signed deals for sale of about $192Bil of businesses and closed about $172Bil of those deals. GE Capital plans to complete sales of about $200Bil of businesses by end 2016 and believes it is on track to deliver about $35Bil of dividends to $GE under this plan.

$NEM {{ '2017-07-19T20:55:03+0000' | timeago}} • Announcement

$NEM elected Sheri Hickok and Molly Zhang to its BoD. Hickok is currently General Manager, Global Product Development, Onshore Wind at $GE's Renewable Energy. Zhang currently serves as a director of Cooper Standard Automotive and XG Science as a supervisory board member at GEA Group in Germany.

$MSFT {{ '2017-07-18T12:18:43+0000' | timeago}} • Announcement

Kate Johnson to join $MSFT as President and Corporate VP of Microsoft US on Sept 8, 2017. Johnson currently serves as Chief Commercial Officer of GE Digital, a unit of $GE.

$GE {{ '2017-07-11T10:55:50+0000' | timeago}} • Announcement

$GE said its subsidiary GE Healthcare is expanding its U.S. healthcare consulting business with the acquisition of Novia Strategies, a healthcare consulting firm, for undisclosed terms. Novia Strategies will become part of GE Healthcare Camden Group. Novia Solutions was not included as a part of this transaction.

$ATI {{ '2017-07-05T15:28:15+0000' | timeago}} • Announcement

Specialty materials manufacturer $ATI has entered into joint venture with $GE company GE Aviation for developing technology to produce a meltless titanium alloy powder. As per the deal, the companies will set up a new R&D pilot production facility. The alloy will be used in additive manufacturing applications, including 3D printing.

$GE {{ '2017-07-03T17:17:55+0000' | timeago}} • Announcement

$GE closed the combination of GE's oil and gas business with Baker Hughes, a GE company. Under the deal, Baker Hughes was converted to a partnership and GE contributed its Oil & Gas business into that partnership. Meanwhile, $7.4Bil was contributed by GE to the partnership, which will be used to fund the cash dividend to Baker Hughes shareholders.

$BHI {{ '2017-07-03T16:00:37+0000' | timeago}} • Announcement

Oilfield solutions provider $BHI said it has completed the transaction combining the company with the oil and gas business of $GE. Baker Hughes shares will begin trading on the New York Stock Exchange under the symbol BHGE on July 5, 2017. Meanwhile, the existing symbol, BHI, will be delisted from the stock exchange on July 3, 2017.

$BHI {{ '2017-06-30T16:30:18+0000' | timeago}} • Announcement

$BHI's stockowners were voted to approve the previously announced combination of $BHI with $GE's oil and gas business. The combination will create Baker Hughes, a $GE company, which will be traded on the NYSE under "BHGE" ticker. $BHI and $GE expects to close the transaction to combine $BHI and GE Oil & Gas on July 3, 2017.

$GE {{ '2017-06-29T13:52:55+0000' | timeago}} • Announcement

GE Energy Financial Services, the energy unit of $GE, has raised a solar energy fund in Japan to invest in Japanese solar power projects. Development Bank of Japan Inc has committed as the anchor investor for one third of the interests. The fund is targeted at JPY 75Bil (about $666MM) and has the potential to grow to JPY 90Bil.

$GE {{ '2017-06-21T19:04:48+0000' | timeago}} • Announcement

$GE said GE Aviation and its JV companies received more than $31Bil in orders and commitments at the 2017 Paris Air Show. The orders and commitments included more than 1,700 GE and CFM engines as well as a full suite of TrueChoice engine maintenance offerings.

$BA {{ '2017-06-19T11:42:52+0000' | timeago}} • Announcement

$BA has entered into an agreement with GE Capital Aviation Services, the aircraft leasing and financing arm of $GE. Under the contract, Boeing will provide 20 737 MAX 10 to GE, converting the existing order of 20 MAX aircraft to the larger MAX 10 model.

$BA {{ '2017-06-19T11:13:02+0000' | timeago}} • Announcement

$BA and GE Capital Aviation Services, the commercial aircraft leasing and financing arm of $GE, announced an order for 20 737 MAX 10s at the Paris Air Show, converting 20 of its current MAX orders to the larger MAX 10. GECAS has 170 737 MAX airplanes on order, the largest of any aircraft leasing company.

$PH {{ '2017-06-19T11:06:08+0000' | timeago}} • Announcement

Parker Aerospace, a business segment of $PH, said it has been selected by $GE's GE Aviation to provide the lubrication and scavenge pump for the 1,300 to 2,000 shaft-horsepower small turboprop engine currently in development on the Advanced Turboprop (ATP), $GE's new advanced turboprop engine.

$GE {{ '2017-06-19T10:43:47+0000' | timeago}} • Announcement

$GE signed Letter of Intent with the Ministry of Transportation and Egyptian National Railways (ENR), worth $575MM. $GE will supply 100 GE ES30ACi Light Evolution Series Locomotives that can be used for both passengers or freight rail, as well as 15-year agreement for parts and technical support for GE locomotives in ENR's new and current fleet.

$GE {{ '2017-06-14T15:15:00+0000' | timeago}} • Announcement

$GE appointed Russell Stokes, current president and CEO of GE Energy Connections, as president and CEO of GE Power, effective July 3, 2017. He succeeds Steve Bolze, who has announced his decision to retire. In new role, Stokes will lead integration of legacy GE Power and Energy Connections businesses into one, power-focused unit called GE Power.

$GE {{ '2017-06-14T12:04:29+0000' | timeago}} • Announcement

$GE's GE Additive and $SYK have entered a partnership agreement to support $SYK's growth in additive manufacturing. The agreement covers new additive machines, materials and services for $SYK's global supply chain operations.

$GE {{ '2017-06-13T15:26:31+0000' | timeago}} • Announcement

$GE's GE Additive said it will add Predix platform capabilities to its Concept Laser M2 cusing additive machines. This gives customers the opportunity to remotely monitor their machines, increasing their productivity and improving their operations.

$GE {{ '2017-06-13T11:24:14+0000' | timeago}} • Announcement

GE Ventures, a unit of $GE, has launched Avitas Systems, a new company that will use predictive data analytics, robotics, and AI to deliver advanced inspection services to the oil and gas, transportation, and energy industries. Avitas Systems is based in Boston, Massachusetts.

$BHI {{ '2017-06-12T20:30:46+0000' | timeago}} • Announcement

$BHI and $GE reached agreement with Department of Justice that would allow parties to complete their proposed transaction under US law. $GE has agreed that it will divest its GE Water & Process Technologies business after closing $BHI transaction. $BHI continues to target a mid-year close and scheduled its shareholders vote for June 30.

$GE {{ '2017-06-12T11:55:08+0000' | timeago}} • Announcement

$GE has named John Flannery, President and CEO of GE Healthcare, as CEO of General Electric, effective August 1, 2017. He has also been appointed as the company’s Chairman and CEO, effective January 1, 2018. The company promoted current CFO Jeff Bornstein to the post of Vice Chair of GE.  Bornstein will continue as CFO.

$GE {{ '2017-06-12T11:44:59+0000' | timeago}} • Announcement

$GE named Kieran Murphy as President and CEO of GE Healthcare, effective immediately. Murphy is currently President and CEO of GE Healthcare Life Sciences. Murphy succeeds John Flannery who has been appointed CEO and Chairman elect of $GE.

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