Edition:
United States

General Electric Co (GE)

GE on New York Consolidated

24.87USD
22 Sep 2017
Change (% chg)

$0.12 (+0.48%)
Prev Close
$24.75
Open
$24.84
Day's High
$25.04
Day's Low
$24.77
Volume
39,714,651
Avg. Vol
40,138,781
52-wk High
$32.38
52-wk Low
$23.58

Latest Key Developments (Source: Significant Developments)

General Electric said to near industrial-solutions unit sale to ABB- Bloomberg
Friday, 22 Sep 2017 06:04am EDT 

Sept 22 (Reuters) - :GE is said to near industrial-solutions unit sale to ABB - Bloomberg, citing sources.  Full Article

Hyperloop One closes series B-1 round of $85 mln
Thursday, 21 Sep 2017 08:36am EDT 

Sept 21 (Reuters) - Hyperloop One :Hyperloop One closes series B-1 round of $85 million.‍Hyperloop says latest one series B-1 round brings total financing raised by Hyperloop One to $245 million since its founding in 2014​.Hyperloop One - ‍advanced discussions to demonstrate hyperloop One technology have taken place with governments of Netherlands and Finland​.Hyperloop says new, existing investors in funding round include Caspian Vc Partners as a part of Summa Group, GE Ventures, WTI and Khosla ventures​.‍Hyperloop one says has been in discussions for several months with number of governments around world about developing Hyperloop One projects​.‍Hyperloop One says already completed feasibility studies for Hyperloop One projects in Dubai, United Kingdom, Russia and United States​.  Full Article

General Electric to shut down its corporate jet fleet - WSJ
Wednesday, 20 Sep 2017 11:58am EDT 

Sept 20 (Reuters) - :General Electric to shut down its corporate jet fleet - WSJ, citing source.  Full Article

GE secures financial closure for contract signed with EETC
Thursday, 14 Sep 2017 11:30am EDT 

Sept 14 (Reuters) - General Electric Co ::Says reached financial closure for contract signed with Egyptian Electricity Transmission Company‍​.  Full Article

GE partners with HPE for digital solutions across Middle East, Africa and Turkey​
Wednesday, 13 Sep 2017 10:52am EDT 

Sept 13 (Reuters) - General Electric Co ::GE signs $25 million partner agreement with Hewlett Packard Enterprise for digital solutions across Middle East, Africa & Turkey​.3-year agreement with HPE will focus primarily on cyber security solutions in operational technology.  Full Article

GE Power selected for another gas power plant contract in South Asia
Wednesday, 13 Sep 2017 06:26am EDT 

Sept 13 (Reuters) - General Electric Co ::GE says has been selected by Shapoorji Pallonji Group to supply power generation equipment for upcoming power plant in Bhola district of Bangladesh.  Full Article

GE board authorizes quarterly dividend of $0.24/share
Thursday, 7 Sep 2017 11:45am EDT 

Sept 7 (Reuters) - GE ::GE board of directors authorizes quarterly dividend.Sets quarterly dividend of $0.24 per share.  Full Article

Avitas Systems, a GE Venture, partners with Nvidia to enhance AI for robotic inspection and automated defect recognition
Thursday, 7 Sep 2017 09:41am EDT 

Sept 7 (Reuters) - General Electric Co :Avitas Systems,GE Venture- Partnering with Nvidia to use some advances in artificial intelligence computing to optimize use of robotics.  Full Article

GE sells remaining equity stake in Penske Truck Leasing
Thursday, 7 Sep 2017 09:27am EDT 

Sept 7 (Reuters) - General Electric Co :GE sells remaining equity stake in Penske Truck Leasing.General Electric Co - ‍Total proceeds from deal are approximately $674 million, with pag buying approximately 35% of stake and MBK buying 65% of stake.General Electric Co - Sold its remaining 15.5% equity stake in Penske Truck Leasing Co, L.P., to penske automotive group and a unit of Mitsui & Co.  Full Article

Dell Technologies announces multi-year agreement with GE
Thursday, 7 Sep 2017 07:30am EDT 

Sept 7 (Reuters) - Dell Technologies Inc :Dell Technologies announces multi-year agreement with GE.Under agreement, Dell becomes primary it infrastructure supplier for GE.Dell Technologies Inc - ‍GE has signed a multi-year commitment to use Dell Inc infrastructure and end-user computing solutions​.  Full Article

Deals of the day-Mergers and acquisitions

Sept 22 The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Friday: