General Electric Company


GE Announces Date of 1-for-8 Reverse Stock Split, Declares Regular Quarterly Dividend

The multinational conglomerate General Electric Company (GE) announced the date for its 1-for-8 reverse stock split to be effective post-close of trading on …

General Electric and Safran to Develop New Jet Engine, Extend CFM Partnership to 2050

GE Aviation, a unit of multinational conglomerate General Electric Company (GE), and Safran announced a program called CFM RISE (Revolutionary Innovation for Sustainable Engines) …

GE’s GE9X Engine For Boeing’s New 777X Jet Gets US Certification

General Electric announced that its aviation unit received certification by the US Federal Aviation Administration (FAA) for its GE9X engine to be used …

GE Opens Parts Of $3 Billion Debt Offering To Boost Liquidity

General Electric Co. (GE) said it reopened portions of its prior debt offerings as it seeks to raise $3 billion in total proceeds …

General Electric Surges 8% Amid Sale Of Lighting Unit To Savant  

General Electric Co. (GE) said it reached an agreement to sell its unit GE Lighting to smarthome company Savant Systems Inc.

China Development Bank, General Electric Cancel Boeing 737 MAX Jet Order

China Development Bank (CDB) Financial Leasing Co announced on Monday it had agreed with Boeing Co (BA) to cancel the purchase of 29 …

General Electric Uses Biopharma Sale Proceeds to Cut Debt Pile

General Electric Co. (GE) said on Monday that it used part of the $20 billion in proceeds it generated from the sale of …

S&P Cuts General Electric’s Credit Outlook to Negative Amid Debt Concern

General Electric Co.’s (GE) credit outlook was lowered to negative from stable by rating agency S&P Global, amid concern that the engine maker …

General Electric Closes $21.4 Billion Biopharma Sale to Danaher

General Electric Co. (GE) has finalized the $21.

General Electric’s Aviation to Cut 10% of Workforce as Air Travel Demand Freezes

General Electric’s (GE) aviation unit said it will cut 10% of its U.S.

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