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General Electric Co (GE)

GE on New York Consolidated

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16 Oct 2017
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Latest Key Developments (Source: Significant Developments)

GE Capital Aviation Services acquires 747-8 freighter from Boeing Capital
Thursday, 12 Oct 2017 02:14pm EDT 

Oct 12 (Reuters) - GE Capital Aviation Services: :GE Capital Aviation Services says acquired 747-8 freighter (MSN 63378) from Boeing Capital; will continue existing aircraft lease with airbridgecargo.  Full Article

GE's Baker Hughes recently held takeover talks with Subsea 7 SA - WSJ
Wednesday, 11 Oct 2017 07:21am EDT 

Oct 11 (Reuters) - :Baker Hughes A GE Co recently held takeover talks with Subsea 7 SA - WSJ, citing sources‍​‍​.Baker Hughes A GE Co takeover talks with Subsea 7 SA recently broke down over price - WSJ, citing sources‍​‍​.  Full Article

‍Amazon Web Services says GE has selected AWS as its preferred cloud provider​
Thursday, 5 Oct 2017 04:49pm EDT 

Oct 5 (Reuters) - Amazon.Com Inc :‍amazon web services says general electric has selected aws as its preferred cloud provider​.  Full Article

General Electric says ‍in connection with Jeffrey​ Immelt's retirement, board decreased its size
Monday, 2 Oct 2017 04:08pm EDT 

Oct 2 (Reuters) - General Electric Co :General Electric Co says ‍in connection with Jeffrey​ Immelt's retirement, board decreased its size from 19 to 18 directors - SEC filing.General electric co - Larry Nichols resigned from BHGE board, and BHGE board decreased its size from 11 to 9 directors​.  Full Article

John Flannery succeeds Jeff Immelt as chairman of GE
Monday, 2 Oct 2017 04:02pm EDT 

Oct 2 (Reuters) - General Electric Co :General Electric Co - ‍John Flannery succeeds Jeff Immelt as chairman of GE​.General Electric Co - Lorenzo Simonelli named chairman of Baker Hughes GE​.General Electric Co - ‍effective October 2, 2017, Immelt also retired as a director and chairman of board of directors of Baker Hughes, a GE company​.  Full Article

Baker Hughes a GE Co says entered amendment to stockholders agreement between co and General Electric
Monday, 2 Oct 2017 03:30pm EDT 

Oct 2 (Reuters) - Baker Hughes A Ge Co :Baker Hughes a GE co says ‍on Oct 2, entered amendment to stockholders agreement between co and general electric company dated July 3, 2017​ - SEC filing.  Full Article

ABB CEO expects $400 mln integration costs from GE deal
Monday, 25 Sep 2017 03:19am EDT 

Sept 25 (Reuters) - ABB Ltd :CEO Ulrich Spiesshofer says expects integration costs of $400 million amid 'footprint' optimisation.  Full Article

ABB puts share buyback on hold given GE transaction
Monday, 25 Sep 2017 02:31am EDT 

Sept 25 (Reuters) - ABB Ltd :Says has put share buyback programme on hold given GE transaction.  Full Article

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

Serbia's biggest windfarm project attracts EBRD, IFC funding

BELGRADE Serbia's largest windfarm project will receive 215 million euros ($253 million) in syndicated loans from the European Bank for Reconstruction and Development (EBRD) and International Finance Corporation (IFC), the lenders said on Tuesday.