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General Electric Co (GE)

GE on New York Consolidated

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

GE Aviation and Teradata form partnership
Tuesday, 17 Oct 2017 09:00am EDT 

Oct 17 (Reuters) - Teradata Corp :GE Aviation and Teradata form strategic partnership to bridge the gap between aviation operations and business.Teradata Corp - ‍GE and Teradata will jointly provide products and services to specified commercial aviation markets​.Teradata Corp - ‍strategic partnership with GE Aviation focused on providing business outcomes driven by analytics for airlines​.  Full Article

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

GE to make payments to U.S. government over delayed Baker Hughes divestiture

WASHINGTON, Oct 17 General Electric has agreed to make payments to the U.S. government after failing to divest a subsidiary as quickly as agreed following a merger approval, the Justice Department said on Tuesday.