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General Electric Co (GE.N)

GE.N on New York Stock Exchange

24.55USD
18 Aug 2017
Change (% chg)

$-0.20 (-0.81%)
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Latest Key Developments (Source: Significant Developments)

Berkshire Hathaway dissolves share stake in GE
Monday, 14 Aug 2017 04:33pm EDT 

Aug 14 (Reuters) - Berkshire Hathaway Inc ::Dissolves share stake in GE - SEC filing.Takes share stake of 17.5 million shares in Synchrony Financial - SEC filing.Ups share stake in Bank of New York Mellon Corp by 52.2 percent to 50.2 million shares - SEC filing.Cuts share stake in Sirius XM Holdings Inc by 20.0 percent to 137.9 million shares - SEC filing.Change in holdings are as of June 30, 2017 and compared with the previous quarter ended as of March 31, 2017.  Full Article

Trian Fund Management raises share stake in General Electric
Friday, 11 Aug 2017 05:30pm EDT 

Aug 11 (Reuters) - Trian Fund Management::Trian Fund Management raises share stake in General Electric Co by 2.7 percent to 70.9 million shares - sec filing.Trian Fund Management - change in holdings are as of June 30, 2017 and compared with the previous quarter ended as of March 31, 2017.  Full Article

GE Renewable Energy books turnkey contract for 344 MW Kokhav Hayarden hydro pumped storage station‍​
Tuesday, 8 Aug 2017 11:14am EDT 

Aug 8 (Reuters) - GE Renewable Energy::GE Renewable Energy says has booked a turnkey contract with Star Pumped Storage Ltd for the 344 MW Kokhav Hayarden hydro pumped storage station‍​.Project will be executed by a consortium led by Chinese EPC SinoHydro‍​.Also signed 20-year Operation & Maintenance agreement, covering day-to-day operation and maintenance of Kokhav Hayarden power plant.Project development is planned to last 52 months, with commissioning expected in 2021.  Full Article

Valueact Holdings reports 6.9 pct stake in Baker Hughes A GE Co
Tuesday, 8 Aug 2017 08:10am EDT 

Aug 8 (Reuters) - Baker Hughes A Ge Co :Valueact Holdings, L.P. Reports 6.9 percent stake in Baker Hughes A GE Co as of July 28​ - sec filing.Valueact Holdings, L.P. - acquired securities of Baker Hughes A GE Co based on belief that securities were "undervalued".  Full Article

Baker Hughes, a GE company signs agreement with Twinza
Tuesday, 8 Aug 2017 05:00am EDT 

Aug 8 (Reuters) - Baker Hughes A Ge Co :Baker Hughes, a GE company signs agreement with Twinza to provide fullstream support for offshore project in the Gulf of Papua.Baker Hughes A GE Co - ‍twinza-BHGE fullstream agreement covers services and equipment during phase I of Pasca A field development​.Baker Hughes A GE Co - ‍appraisal well will be drilled in Q3 2017, which will be suspended as a future development well.Baker Hughes A GE Co - ‍post final investment decision, co expects to provide integrated gas processing solution from wells through to point of export​.  Full Article

GE Healthcare says MRI system SIGNA premier 510(k) cleared by U.S. FDA‍​
Friday, 4 Aug 2017 10:40am EDT 

Aug 4 (Reuters) - GE Healthcare::SIGNA premier 510(k) cleared by U.S. FDA‍​.  Full Article

Vestas says intends to fight General Electric's patent complaint
Wednesday, 2 Aug 2017 09:06am EDT 

Aug 2 (Reuters) - VESTAS SAYS :"IS AWARE THAT GENERAL ELECTRIC CO. HAS FILED A PATENT COMPLAINT IN THE U.S. AGAINST VESTAS AMERICAN WIND TECHNOLOGY, INC. AND VESTAS WIND SYSTEMS A/S." ."WE STRONGLY BELIEVE THAT THE COMPLAINT IS WITHOUT MERIT AND INTEND TO CHALLENGE IT.".  Full Article

Baker Hughes, a GE company, declares quarterly dividend
Tuesday, 1 Aug 2017 08:30am EDT 

Aug 1 (Reuters) - Baker Hughes A Ge Co :Baker hughes, a ge company declares quarterly dividend.Baker hughes says declared a cash dividend of $0.17 per share of common stock payable august 25, 2017 to holders of record on august 11, 2017.  Full Article

Baker Hughes expects activity growth to decelerate in North America onshore
Friday, 28 Jul 2017 09:27am EDT 

July 28 (Reuters) - Baker Hughes A GE Co :Baker Hughes A GE Co says in North America onshore, expect activity growth to decelerate as co progresses through second half of the year‍​.Baker Hughes A GE Co says for the international onshore markets, co expects activity to remain stable, with a few possible areas of modest growth.Baker Hughes A GE Co says in the global offshore markets, co expect activity to remain muted for the rest of the year - SEC filing.Baker Hughes A GE Co says North American market outlook remains uncertain​.  Full Article

Baker Hughes A GE reports qtrly ‍GAAP net loss of $0.42​/shr
Friday, 28 Jul 2017 07:30am EDT 

July 28 (Reuters) - Baker Hughes A Ge Co :Baker Hughes A GE Co - ‍revenue of $2.4 billion for quarter, up 6% sequentially​.Baker Hughes A GE Co qtrly ‍GAAP net loss per share of $0.42​.Baker Hughes A GE Co - qtrly ‍north America revenue of $778 million for Q2 of 2017 increased $66 million​.Baker Hughes A GE Co - ‍adjusted net loss (a non-GAAP measure) for Q2 of 2017 was $46 million, or $0.11 per diluted share​.Baker Hughes A GE Co - qtrly ‍Europe/Africa/Russia Caspian revenue of $504 million for Q2 of 2017 increased $43 million, or 9%, sequentially​.Baker Hughes A GE Co - ‍industrial services revenue of $253 million for Q2 of 2017 increased $26 million, or 11%, sequentially​.Baker Hughes A GE Co-Q2 revenue driven by improved activity across U.S. operations, seasonal activity uplift in Russia Caspian region, among others​.Baker Hughes A GE Co- ‍sequential increase in corporate costs due to $67-million charge recorded in quarter related to litigation and other related matters​.Q2 earnings per share view $-0.12, revenue view $2.34 billion -- Thomson Reuters I/B/E/S.  Full Article