News: General Electric Co (GE)

GE on New York Consolidated

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24 Apr 2015
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Fri, Apr 24 2015

GE fights unsealing of documents in microwave lawsuit

- General Electric is challenging a federal judge's order to unseal court documents regarding its analysis of consumer injuries and complaints over microwave ovens with glass doors that are allegedly prone to shattering.

GE buyout-lending unit draws interest from SunTrust, Apollo, Ares: Bloomberg

- SunTrust Banks Inc, Apollo Global Management and Ares Management LP are considering offers for buying General Electric Co's unit that lends to private-equity firms in the United States, Bloomberg reported, citing people with knowledge of the matter.

GE buyout-lending unit draws interest from SunTrust, Apollo, Ares - Bloomberg

April 24 - SunTrust Banks Inc, Apollo Global Management and Ares Management LP are considering offers for buying General Electric Co's unit that lends to private-equity firms in the United States, Bloomberg reported, citing people with knowledge of the matter.

GE to sell Czech bank unit in two years: newspaper

PRAGUE - General Electric (GE) will sell its Czech banking unit within two years, the bank's Chief Executive Sean Morrissey was quoted saying on Wednesday in newspaper Hospodarske Noviny.

GE to sell Czech bank unit in 2 years -Hospodarske Noviny paper

PRAGUE, April 22 - General Electric (GE) will sell its Czech banking unit within two years, the bank's Chief Executive Sean Morrissey was quoted saying on Wednesday in newspaper Hospodarske Noviny.

Deals of the day- Mergers and acquisitions

April 20 - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday:

GE in talks to sell lending, leasing portfolio to Wells Fargo: source

- General Electric Co is in early-stage talks with Wells Fargo & Co about selling its entire $74 billion U.S. commercial lending and leasing (CLL) portfolio to the bank, according to a source familiar with the situation.

UPDATE 2-GE in talks to sell lending, leasing portfolio to Wells Fargo-source

April 20 - General Electric Co is in early-stage talks with Wells Fargo & Co about selling its entire $74 billion U.S. commercial lending and leasing (CLL) portfolio to the bank, according to a source familiar with the situation.

GE in talks to sell $74 bln portfolio to Wells Fargo

April 20 - General Electric Co is in early-stage talks with Wells Fargo about selling the bank its entire $74 billion U.S. commercial lending and leasing portfolio, according to a source familiar with the situation.

Wall Street falls steeply with China, Greece fears paramount

- The S&P 500 posted its biggest percentage loss since March 25 on Friday as investors shunned risk amid new trading regulations in China, renewed worries about Greece running out of money, and tepid U.S. corporate earnings.

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