General Electric

GE To Pay SEC 50 Million For Accounting Fraud

Armen Hareyan — Tue, 04 Aug 2009 15:07:14 -0500

The U.S. Securities and Exchange Commission and General Electric today announced that they have reached a settlement of GE paying the SEC $50 million dollars. SEC charged GE with accounting fraud. GE reached the 50 million financial settlement without admitting or denying allegations of any wrongdoing.

GE Reports Orders Up, Profit Down

Armen Hareyan — Fri, 11 Apr 2008 11:39:36 -0500

GE today released its financial reports for the first quarter of 2008 showing that revenue is up, orders are up, but the profit is unexpectedly down.

American Express casts aside economic slowdown

seher — Thu, 27 Mar 2008 12:02:40 -0500

American Express Co. agreed to buy General Electric Co.'s corporate charge-card unit for $1.1 billion in cash to expand lending for business customers.

Santander sells Interbanca to GE

seher — Thu, 27 Mar 2008 11:29:20 -0500

Spain's Santander said on Thursday it was selling Italian corporate banking arm Interbanca to General Electric in exchange for consumer finance units in a deal worth 1 billion euros ($1.7 billion).

GE Reports Second-Quarter EPS up 13% to $.52 per Share

Anastvatz — Fri, 13 Jul 2007 10:49:55 -0500

2007 Share Repurchase Program Increased to $14 billion; Record Orders of $25 billion, up 32%

GE Announces Termination of Contract with Abbott

Anastvatz — Thu, 12 Jul 2007 05:44:53 -0500

Abbott Announces Termination of Contract with GE!

Former Nurse Sues GE for Disease Caused By Omniscan

Anastvatz — Fri, 11 May 2007 07:25:48 -0500

Former Nurse Sues General Electric Company, GE Healthcare, Inc. and GE Healthcare Bio-Sciences Corporation for Rare Disease Caused by the Drug Omniscan(TM), Through the Law Firm of Burg Simpson Eldredge Hersh & Jardine, P.C.

GE Fanuc Embedded Systems Receives Long Term Agreement

Nymphadora — Tue, 01 May 2007 07:07:18 -0500

GE Fanuc Embedded Systems today announced that its recent acquisition Radstone Embedded Computing had received authorization to disclose an extension to a Long Term Agreement (LTA) from General Dynamics Land Systems (GDLS), in respect of continuing supply of Radstone processor and graphics boards for the US Army's M1A2 Abrams tank Continuous Electronics Enhancement Program (CEEP) (now known as M1A2 SEP V2).

GE Fanuc Embedded Systems Announces PPC9A 6U VME Single Board Computer

Nymphadora — Fri, 27 Apr 2007 12:50:17 -0500

Once again providing evidence of the company's market-leading commitment to developing single board computer solutions that not only offer outstanding performance in their own right but that also provide straightforward technology insertion opportunities for existing customers, GE Fanuc Embedded Systems today announced the PPC9A, the latest addition to the company's PowerXtreme family of 6U VME single board computers.

GE Launches High-Performance Materials for Aircraft Interiors Industry

Nymphadora — Fri, 27 Apr 2007 12:09:29 -0500

GE Plastics has introduced three new high-tech materials to its growing portfolio of high-performance resins for the aircraft interiors industry: GE's Ultem 9085 resin, Noryl LS6010 resin, and Lexan FST9705 resin. Combined, these unique materials offer a variety of customer benefits for an array of aircraft interior applications.

Atlanta Braves and GE Money's Sport Finance Program Help Fans

Nymphadora — Fri, 27 Apr 2007 11:57:54 -0500

The Atlanta Braves and GE Money's Sales Finance unit have joined forces to introduce the first Major League season ticket financing program, making the process of ordering season tickets easier for Atlanta Braves fans.

GE Corporate Lending Provides $365 M. Credit Facility to WESCO

Nymphadora — Fri, 27 Apr 2007 11:46:13 -0500

GE Commercial Finance Corporate Lending today announced it has provided a $365 million asset-based credit facility to WESCO Distribution, Inc., a leading distributor of electrical supplies and equipment.