News: General Electric Co (GE)

GE on New York Consolidated

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17 May 2013
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Wed, May 15 2013

UPDATE 1-GE, Boeing alert airlines about 777 engine problem

NEW YORK, May 15 - General Electric Co and Boeing Co have alerted airlines about a potential problem with engines on Boeing's long-range 777 jumbo jet that caused the engines to shut in mid-flight twice this year.

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GE, Boeing alert airlines about potential 777 engine problem

NEW YORK, May 15 - General Electric and Boeing Co said on Wednesday they had alerted airlines about potential problems with some engines on Boeing's long-range 777 jumbo jet.

China's XD Group said to be in talks to buy GE's Prolec JV stake

HONG KONG - Chinese state-controlled power equipment maker XD Group is in early talks to buy General Electric Co's joint venture with Mexico's Xignux SA for up to $1 billion, a person familiar with the discussions told Reuters on Tuesday.

UPDATE 1-China's XD Group said to be in talks to buy GE's Prolec JV stake

HONG KONG, May 14 - Chinese state-controlled power equipment maker XD Group is in early talks to buy General Electric Co's joint venture with Mexico's Xignux SA for up to $1 billion, a person familiar with the discussions told Reuters on Tuesday.

China XD Group in talks to buy GE's Prolec for up to $1 bln-report

HONG KONG, May 14 - Chinese state-controlled power equipment maker XD Group is in talks to buy General Electric Co's joint venture with Mexico's Xignux SA for up to $1 billion, Bloomberg reported on Tuesday.

John Hess to lose chairman role as Hess board vote looms

- John Hess is being stripped of his chairman duties at Hess Corp , as the oil and gas company scrambles to avoid an embarrassing defeat by an activist investor.

UPDATE 1-NextEra to buy 59 GE wind turbines for Michigan project

May 9 - U.S. power company NextEra Energy Inc , the biggest wind generator in North America, agreed to buy 59 of General Electric Co's new 1.7-megawatt (MW) wind turbines for its 100.3-MW Tuscola II wind farm planned in east-central Michigan.

NextEra to buy 59 GE wind turbines for Michigan project

May 9 - U.S. power company NextEra Energy Inc will buy 59 of General Electric Co's new 1.7-megawatt wind turbines for a wind farm planned in eastern Michigan.

GE says tax changes fuel 1 gigawatt of new wind orders

- General Electric Co said on Monday the renewal of the U.S. production tax credit has helped it sell wind turbines with 1 gigawatt of generating power since January.

GE gets antitrust approval to buy oil pump maker Lufkin

WASHINGTON - General Electric Co has won U.S. antitrust approval to buy oilfield pump maker Lufkin Industries Inc , a $2.98 billion deal that will allow GE to sharply increase its presence in the fast-growing market to extract oil and natural gas from shale.

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