Web Toolbar by Wibiya
Login | Sign Up AnonymousUser
twiter
New to Comunitee?


or Sign Up with Email

Business

>> GENERAL ELECTRIC Latest News

13 HOURS AGO - Business Insider

A Must Read - Share

GE set for cost cuts as EU decision on Alstom deal nears

By Lewis Krauskopf(Reuters) - General Electric Co is expected to win regulatory approval next week for its purchase of the power equipment business of France's Alstom, allowing the U.S. industrial conglomerate to finally carry out a major cost-cutting program 16 months after first announcing the deal.The European Commission has set a Sept. 11 deadline to decide on the roughly $13.5 ...

Tags: GE set for cost cuts as EU decision on Alstom deal nears,  General Electric Latest News

15 HOURS AGO - TheStreet

A Must Read - Share

GE Stock Down Despite Bids for Japanese Finance Unit

NEW YORK (TheStreet) -- General Electric  may sell its Japanese finance unit to a local company as reports suggested Japanese banks are some of the bidders for the assets. Orix , Sumitomo Mitsui Financial , Mitsubishi UFJ Financial and Sumitomo Mitsui Financial are among the bidders for GE's commercial lending and leasing units, which are valued at about $5 billion, Reuters ...

Tags: GE Stock Down Despite Bids for Japanese Finance Unit,  General Electric Latest News

17 HOURS AGO - Business Insider

A Must Read - Share

Japanese banks among bidders for GE's local finance unit: sources

By Taiga Uranaka(Reuters) - Japanese banks are among bidders for General Electric Co's local commercial lending and leasing operation, sources told Reuters on Friday.Orix Corp and the leasing units of Sumitomo Mitsui Financial Group Inc , Mitsubishi UFJ Financial Group Inc and Sumitomo Mitsui Trust Holdings Inc are among the bidders, the sources said.The Wall Street Journal, which first reported ...

Tags: Japanese banks among bidders for GE's local finance unit: sources,  General Electric Latest News

18 HOURS AGO - Washington Business Journal

A Must Read - Share

Megabanks eyeing General Electric's foreign commercial finance operations

General Electric Co.'s Japanese commercial finance operations are for sale and expected to go for several billion dollars. Japan-based megabanks are among those interested in the purchase, according to the Wall Street Journal. The sale is part of a slimming down of GE's operations in some areas. CEO Jeff Immelt laid out plans to unload the majority of GE Capital's ...

Tags: Megabanks eyeing General Electric's foreign commercial finance operations,  General Electric Latest News

21 HOURS AGO - Wall Street Journal

A Must Read - Share

Japanese Banks Eye GE's Local Commercial Finance Operations

Some of Japan’s biggest banks were among bidders for General Electric Co.’s Japanese commercial finance business, which is expected to fetch several billion dollars.

Tags: Japanese Banks Eye GE's Local Commercial Finance Operations,  General Electric Latest News