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>> GENERAL ELECTRIC Latest News

6 HOURS AGO - Reuters

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Regulatory rebuffs could force GE to seek other deals, more buybacks

(Reuters) - U.S. and European regulatory resistance could force General Electric Co to seek another buyer for its appliances business and different paths to expand its industrial operations in an ongoing strategic overhaul.

Tags: Regulatory rebuffs could force GE to seek other deals, more buybacks,  General Electric Latest News

11 HOURS AGO - TheStreet

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General Electric (GE) Stock Climbing Amid Antitrust Lawsuit

NEW YORK (TheStreet) -- Shares of General Electric Co  were climbing, up 0.23% to $26.72 in late morning trading Thursday, after the Justice Department filed an antitrust lawsuit yesterday to block its deal to sell the appliances unit to Sweden's Electrolux . Still, Electrolux CEO Keith McLoughlin said this morning that he's cautiously optimistic that the deal will go through, ...

Tags: General Electric (GE) Stock Climbing Amid Antitrust Lawsuit,  General Electric Latest News

11 HOURS AGO - Zacks Investment Research

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DOJ Lawsuit Likely to Thwart GE Unit Sale to Electrolux - Analyst Blog

The U.S. DOJ recently filed an acrimonious lawsuit against the proposed sale of the appliance unit of General Electric Company (GE) to Electrolux.

Tags: DOJ Lawsuit Likely to Thwart GE Unit Sale to Electrolux - Analyst Blog,  General Electric Latest News

11 HOURS AGO - TheStreet

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Why a Puerto Rican Default is More Dangerous Than You Think

NEW YORK (TheStreet) -- Some investors were quick to ditch Puerto Rican bonds when the island said it couldn't meet its credit obligations, but many others don't even realize some of the commonwealth's $72 billion in debt is lurking in their portfolios. "Puerto Rico paper is in roughly half of the mutual funds out there," said Philip Villaluz, a municipal bond strategist with Schroders. ...

Tags: Why a Puerto Rican Default is More Dangerous Than You Think,  General Electric Latest News

14 HOURS AGO - Business Insider

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Electrolux CEO seeks to rescue GE deal after legal blow

STOCKHOLM (Reuters) - Buying only parts of the GE Appliances business would not make sense, the head of Sweden's Electrolux said on Thursday, fighting to salvage a $3.3 billion deal after the United States moved to block it.The U.S. Justice Department filed a lawsuit on Wednesday to stop the Swedish company from buying General Electric Co's appliance unit, saying a ...

Tags: Electrolux CEO seeks to rescue GE deal after legal blow,  General Electric Latest News