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General Electric Co (GE)

GE on New York Consolidated

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14 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Tata Group, GE Partner To Manufacture Leap Engine Components In India
5:42am EST 

Dec 14 (Reuters) - Tata Group::GE AND TATA GROUP ENTER INTO STRATEGIC PARTNERSHIP TO MANUFACTURE LEAP ENGINE COMPONENTS IN INDIA.GE AND CO TO JOINTLY PURSUE MILITARY ENGINE AND AIRCRAFT SYSTEM OPPORTUNITIES FOR INDIA MARKET.  Full Article

Drawbridge Health And Thorne Research Announce Strategic Collaboration
Tuesday, 12 Dec 2017 07:39am EST 

Dec 12 (Reuters) - General Electric Co ::GENERAL ELECTRIC CO - DRAWBRIDGE HEALTH AND THORNE RESEARCH ANNOUNCE STRATEGIC COLLABORATION.  Full Article

Lowell Mcadam Resigns From GE Board
Monday, 11 Dec 2017 04:27pm EST 

Dec 11 (Reuters) - General Electric Co ::GE SAYS ON DEC 8, LOWELL MCADAM RESIGNED FROM BOARD - SEC FILING.  Full Article

‍Ge Aviation Commences Jet Engine Combustor Component Testing
Monday, 11 Dec 2017 09:00am EST 

Dec 11 (Reuters) - General Electric Co ::GEVO INC - ‍GE AVIATION COMMENCED JET ENGINE COMBUSTOR COMPONENT TESTING WITH A JET FUEL COMPRISED 100% OF GEVO'S RENEWABLE ALCOHOL-TO-JET FUEL​.  Full Article

Baker Hughes, A GE Company Announces Pricing Of Tender Offers By Baker Hughes, A GE Company, LLC
Friday, 8 Dec 2017 03:15pm EST 

Dec 8 (Reuters) - Baker Hughes A Ge Co ::BAKER HUGHES, A GE COMPANY ANNOUNCES PRICING OF ANY AND ALL TENDER OFFERS BY BAKER HUGHES, A GE COMPANY, LLC.BAKER HUGHES A GE CO - UNIT PRICING TENDER OFFERS OF 6.000% SENIOR NOTES DUE 2018 AND 7.500% SENIOR NOTES DUE 2018.BAKER HUGHES A GE CO - ANY AND ALL TENDER OFFERS WILL EXPIRE AT 5:00 P.M., NEW YORK CITY TIME, DECEMBER 8, 2017, UNLESS EXTENDED.  Full Article

GE Power's Planned 12,000 Headcount Reduction To Affect Employees Primarily Outside The U.S.
Thursday, 7 Dec 2017 07:00am EST 

Dec 7 (Reuters) - General Electric Co ::GE SAYS GE POWER'S PLANNED 12,000 HEADCOUNT REDUCTION TO AFFECT EMPLOYEES PRIMARILY OUTSIDE THE U.S..GE SAYS ALONG WITH PROPOSED LAY-OFFS, GE POWER IS ALSO REDUCING RESEARCH AND DEVELOPMENT INVESTMENT, PLANNED CAPEX, OTHER CONTROLLABLE COSTS.  Full Article

GE Plans 12,000 Job Cuts As New CEO Revamps Power Unit - Bloomberg
Thursday, 7 Dec 2017 06:52am EST 

Dec 7 (Reuters) - General Electric Co ::GE PLANS 12,000 JOB CUTS AS NEW CEO REVAMPS POWER UNIT - BLOOMBERG.GE JOB CUTS ACCOUNT FOR 18 PERCENT OF GE POWER’S WORKFORCE, WILL MOSTLY AFFECT PROFESSIONAL, PRODUCTION WORKERS OUTSIDE U.S - BLOOMBERG.  Full Article

GE Power Announces Global Headcount Reduction Of 12,000 Jobs
Thursday, 7 Dec 2017 06:32am EST 

Dec 7 (Reuters) - General Electric Co ::GE POWER ANNOUNCES GLOBAL HEADCOUNT REDUCTION OF 12,000 JOBS.GE POWER - PLANS TO REDUCE GLOBAL HEADCOUNT BY ABOUT 12,000 POSITIONS, AFFECTING BOTH PROFESSIONAL AND PRODUCTION EMPLOYEES.GE POWER - HEADCOUNT REDUCTIONS, ACTIONS TAKEN IN 2017, TO POSITION CO TO REACH TARGET OF $1 BILLION IN STRUCTURAL COST REDUCTIONS IN 2018.GE POWER - "TRADITIONAL POWER MARKETS INCLUDING GAS AND COAL HAVE SOFTENED".GE POWER - PLANS ANNOUNCED ON THURSDAY DRIVEN BY CHALLENGES IN POWER MARKET WORLDWIDE; CO EXPECTS MARKET CHALLENGES TO CONTINUE.  Full Article

Baker Hughes, A GE Company Announces Pricing Of Offering Of $3.95 Billion Of Senior Notes
Wednesday, 6 Dec 2017 06:28pm EST 

Dec 6 (Reuters) - Baker Hughes A Ge Co ::BAKER HUGHES, A GE COMPANY ANNOUNCES PRICING OF OFFERING OF $3,950,000,000 OF SENIOR NOTES BY BAKER HUGHES, A GE COMPANY, LLC.BAKER HUGHES A GE CO - BAKER HUGHES, A GE COMPANY, LLC PRICED OFFERING CONSISTING OF $1.25 BILLION ITS 2.773% SENIOR NOTES DUE 2022.BAKER HUGHES A GE CO - UNIT PRICED AN OFFERING ALSO CONSISTING OF $1.35 BILLION OF ITS 3.337% SENIOR NOTES DUE 2027.BAKER HUGHES A GE CO - BAKER HUGHES, A GE COMPANY, LLC PRICED AN OFFERING ALSO CONSISTING OF $1.35 BILLION OF ITS 4.080% SENIOR NOTES DUE 2047.  Full Article

Check-Cap Announces Advancement In GE Healthcare Manufacturing Collaboration
Tuesday, 5 Dec 2017 09:15am EST 

Dec 5 (Reuters) - Check Cap Ltd ::CHECK-CAP ANNOUNCES ADVANCEMENT IN GE HEALTHCARE MANUFACTURING COLLABORATION.CHECK CAP LTD - PLANNING AND OTHER ACTIVITIES ARE ALSO UNDERWAY FOR EUROPEAN POST APPROVAL STUDY, WHICH IS EXPECTED IN 1H2018.CHECK CAP - COLLABORATION INVOLVES GE FINAL ASSEMBLY, PACKAGING, SHIPPING OF C-SCAN CAPSULES INITIALLY FOR CO'S U.S. PILOT TRIAL EXPECTED IN H1 2018.  Full Article

Tata Group, GE partner to make LEAP engine components in India

Steel-to-software conglomerate Tata Group and General Electric Co (GE) entered into a partnership in November to manufacture components for engine-maker CFM International in India, the two companies said in a statement on Thursday.