General Electric : Franchise Herald

General Electric

GE Postpones Decision Regarding Transfer Of Headquarters, Will Announce Decision In January

General Electric Co. has postponed its decision regarding whether it would move its headquarters out of Fairfield, Connecticut, or not, according to a report from the Hartford Courant.

GE Calls Off Sale Of Appliance Business to Electrolux Following DOJ's Move to Block Deal

Electrolux has announced in a press release that General Electric (GE) has terminated its agreement to sell its appliance business to Electrolux for $3.3 billion.

GE Close to Selling its Japanese Commercial Lending Business with 2 Bidders Remaining, Bids Value Business at $5 Billion

General Electric Co. (GE) is nearing the sale of its Japanese commercial lending business with only two bidders remaining, a person familiar with the matter told The Wall Street Journal. The bids have valued GE’s commercial lending and leasing operation at nearly $5 billion.

GE and Alstom Win Contracts to Supply Locomotives in India's Railways, Combined Contracts Worth $5.6 Billion

General Electric (GE) announced in a press release that it has received a Letter of Award from the Ministry of Railways in India for a locomotive supply and maintenance contract. The company will be building a new factory and supplying Indian Railways with 1,000 diesel locomotives that are worth approximately $2.6 billion over 11 years. Anil Saxena, a spokesman for Indian Railways, told Reuters that France’s Alstom has also been picked to develop and supply 800 electric locomotives valued at $3 billion.

Synchrony Receives Approval from Federal Reserve Bank, One Step Closer to Becoming Fully Independent Company

Synchrony Financial has received a key approval from the Federal Reserve System Board of Governors to become a standalone savings and loan holding company, according to a press release issued by Synchrony. The approval marks a major step for Synchrony to become a fully independent company.

Trian Partners Discloses $2.5 Billion Stake at GE, Believes in GE's Long-Term Potential

Trian Fund Management L.P., a firm led by activist investor Nelson Peltz, has disclosed in a press release that they have become one of the top ten shareholders of General Electric (GE) with a beneficial ownership of 98.5 million GE shares that are currently valued at approximately $2.5 billion. Trian believes in GE’s long-term potential that will generate attractive stockholder returns.

GE is Moving Production and Jobs to Europe and Other Countries, Cites Lack of Export Financing in U.S.

General Electric (GE) has said in a press release that it will be moving the production and jobs for its turbines and generators to France, Hungary and China.

GE Creates GE Digital that Brings Together All of Company's Digital Capabilities, Takes on IBM in Race for IOT Dominance

General Electric Co. (GE) has announced creation of GE Digital, a move that will bring together the company’s digital capabilities, according to a press release issued by GE.

GE Seeks to Sell its Asset Management Arm, Looking for a Premier Investment Management Firm

General Electric Co. (GE) has announced that it is looking to sell its GE Asset Management, the company’s asset management arm, according to a press release issued by GE.

Sears Appoints Former J&J Exec to Turnaround Flagging Brands

Sears Holdings Corp. has created a new position to be occupied a former Johnson & Johnson executive, who is tasked to turn around several of the retailer's struggling brands, Reuters reported.

Capital One Nears Deal to Acquire GE's Health Finance Unit, The Sale is Part of GE's Plan to Divest

Capital One Finance Corporation, a credit card lender, is in exclusive talks to acquire General Electric’s U.S. healthcare finance unit for about $10 billion, people familiar with the matter told Reuters.

GE Creates Service Robots to Do Your the Dirty Work For You As It Advances through the “Industrial Internet” Era

General Electric announced the “Guardian,” a service robot that can perform predictive maintenance and optimization services during GE’s annual summit on the Industrial Internet.

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General Electric

GE Postpones Decision Regarding Transfer Of Headquarters, Will Announce Decision In January

GE Calls Off Sale Of Appliance Business to Electrolux Following DOJ's Move to Block Deal

GE Close to Selling its Japanese Commercial Lending Business with 2 Bidders Remaining, Bids Value Business at $5 Billion

GE and Alstom Win Contracts to Supply Locomotives in India's Railways, Combined Contracts Worth $5.6 Billion

Synchrony Receives Approval from Federal Reserve Bank, One Step Closer to Becoming Fully Independent Company

Trian Partners Discloses $2.5 Billion Stake at GE, Believes in GE's Long-Term Potential

GE is Moving Production and Jobs to Europe and Other Countries, Cites Lack of Export Financing in U.S.

GE Creates GE Digital that Brings Together All of Company's Digital Capabilities, Takes on IBM in Race for IOT Dominance

GE Seeks to Sell its Asset Management Arm, Looking for a Premier Investment Management Firm

Sears Appoints Former J&J Exec to Turnaround Flagging Brands

Capital One Nears Deal to Acquire GE's Health Finance Unit, The Sale is Part of GE's Plan to Divest

GE Creates Service Robots to Do Your the Dirty Work For You As It Advances through the “Industrial Internet” Era

Amazon CEO Andy Jassy Faces Backlash Over Tone-Deaf Comments Amidst New Seller Fees

Target Enhances Family Safety with Car Seat Trade-In Event in Spring 2024

Frisch's Big Boy Closure Continues: Iconic Burger Chain to Shut Another Store in Wave of Statewide Shutdowns

Cracker Barrel Confirms Permanent Shutdown of Beloved Restaurant Via Voice Message

JCPenney Unveils $500 Million Reward Scheme for Loyal Customers Nationwide

Buffalo Wild Wings' New Strategy: CEO Confirms Shift Towards Convenient Pickup and Delivery

Fosters Freeze Closes All Locations Statewide, Citing New Wage Laws as a Contributing Factor

Michaels Announces Massive Price Cuts on 5,000 Items as Customers Seek Budget-Friendly Options

Chase Bank to Shut Down Nine Locations as Part of Ongoing Nationwide Cuts

JCPenney Unveils $500 Million Reward Scheme for Loyal Customers Nationwide

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