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GE Capital Announces Completion Of Asset Sale, Will Sell Its Lending And Leasing Portfolios In Australia, New Zealand
Tuesday, May 3, 2016 - 10:26am | 219Read More...General Electric Company (NYSE: GE) announced Tuesday morning its GE Finance arm has officially sold another division as part of an ongoing strategy to divest non-core assets. General Electric said it has completed the previously announced agreement to sell its GE Capital's Commercial Lending and...
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General Electric Reports Q1 Earnings Beat, But Full-Year Guidance Falls Short Of Expectations
Friday, April 22, 2016 - 9:48am | 315Read More...Shares of General Electric Company (NYSE: GE) were trading lower by around 1 percent early Friday morning after the company reported its first-quarter results. General Electric said that it earned $0.21 per share in the first quarter on revenue of $27.6 billion. Wall Street analysts were expecting...
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GM And GE: Will Revitalization Efforts Pay Out In Earnings?
Tuesday, April 19, 2016 - 4:43pm | 590Read More...Upcoming earnings highlights include the latest results from two old-school giants striving to improve their prospects. Wall Street analysts are looking for earnings growth from just one of them. However, both have handily bested earnings expectations in recent quarters. The new earnings season...
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McDonald's Vs. Starbucks: Which Earnings Will Be Tastier?
Tuesday, April 19, 2016 - 9:19am | 607Read More...Upcoming earnings highlights include the latest results from two popular purveyors of coffee and other consumables. Wall Street analysts are looking for earnings growth each of them, but a top-line decline from one. And, one of them has a better record of topping earnings expectations in recent...
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Will Intel And Microsoft Top Earnings Expectations Again?
Sunday, April 17, 2016 - 7:01pm | 559Read More...The first-quarter earnings reporting season kicks into high gear this week. Highlights will include the latest results from two technology giants. Wall Street analysts are looking for earnings growth from both of them. The new earnings season is underway, and among the highlights this week will...
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Coke Versus Pepsi: Which Beats Low Q1 Earnings Expectations?
Sunday, April 17, 2016 - 6:56pm | 580Read More...The first-quarter earnings reporting season kicks into high gear this week. Highlights will include the latest results from two beverage giant rivals. Wall Street analysts are looking for earnings declines from both of them. The new earnings season is underway, and among the highlights this week...
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General Electric Capital Announces Another Asset Sale
Friday, April 8, 2016 - 11:19am | 161Read More...General Electric Company (NYSE: GE) continued its ongoing strategy of divesting non-core assets from its General Electric Capital unit. General Electric has agreed to sell its Canadian Franchise Finance business to Canadian Western Bank. The company's unit provides financing across Canada...
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GE Announces Another Asset Sale, Company To Sell Majority Stake In Bank BPH's Core Bank To Alior Banki
Friday, April 1, 2016 - 8:51am | 257Read More...General Electric Company (NYSE: GE) announced on Friday its GE Capital segment has entered into an agreement to sell its majority stake in Bank BPH's Core Bank to Alior Bank. The transaction is expected to release approximately $0.2 billion of capital to General Electric. Related Link: GE Announces...
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General Electric Enters Italy's Oil & Gas Sector With A $600 Million Investment
Monday, February 1, 2016 - 9:53am | 246Read More...General Electric Company (NYSE: GE) announced on Sunday it has entered into a new Memorandum of Understanding with various Italian entities that will lead to the investment of $600 million over the next five years in the country. According to General Electric's press release, the...
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General Electric To Sell Its Appliances Business To Qindgao Haier For $5.4 Billion
Friday, January 15, 2016 - 11:29am | 250Read More...General Electric Company (NYSE: GE) announced on Friday that it has reached an agreement with Qingdao Haier to sell its appliances business for $5.4 billion. General Electric noted that the transaction values the appliances business at 10 times the last 12 months of EBITDA and the transaction...
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General Electric To Sell Its Stake In Hyundai Capital Services To Hyundai Motor, Kia Motors
Tuesday, December 22, 2015 - 8:48am | 147Read More...As part of a broad strategy of divesting most of its financial-related assets, General Electric Company (NYSE: GE) announced it has reached an agreement to sell a 23.3 percent stake of Hyundai Capital Services to Hyundai Motor Company and Kia Motors. General Electric noted in a press release...
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Trian Partners Invests $2.5 Billion In General Electric, Values Stock As High As $45 By 2017
Monday, October 5, 2015 - 9:03am | 362Read More...Shares of General Electric Company (NYSE: GE) spiked higher by more than 4 percent Monday morning. Nelson Peltz's Trian Partners disclosed a $2.5 billion stake in General Electric. The investment firm noted that GE is "executing a bold transformation" that will generate "attractive" returns for...
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Why Citi Just Added General Electric To Its U.S. Focus List
Wednesday, September 16, 2015 - 3:05pm | 453Read More...Shares of General Electric Company (NYSE: GE) are relatively flat year over year but gained more than 2.50 percent by Wednesday afternoon. Analysts at Credit Suisse added General Electric to its "U.S. Focus List." Analysts noted a "significant" number of company-specific catalysts could propel...
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Barron's Recap: What's Next?
Sunday, August 30, 2015 - 8:37pm | 865Read More...This weekend in Barron's online: bargains galore after the sell-off, more turmoil ahead China and Asia, as well as the prospects for PayPal and more. Cover Story "Bargains Beckon as U.S. Stocks Bottom" by Andrew Bary. After last week's market sell-off and rebound, the worst may be over, says this...
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Google, Netflix And Big Banks Highlight This Week's Earnings Expectations
Sunday, July 12, 2015 - 3:34pm | 814Read More...Second-quarter earnings season kicks into high gear this week, with big banks, tech giants, conglomerates and many others on tap to share their latest quarterly results. Among the most prominent reports scheduled for this week are those from Citigroup Inc (NYSE: C), Google Inc (NASDAQ: GOOGL) and...
