tag GE

In blow to Trump, GE backs NAFTA and voices support for Mexico

EghtesadOnline: General Electric on Friday praised Mexico as a big part of its future and said the company is "very supportive" of the North American Free Trade Agreement (NAFTA) that U.S President Donald Trump has threatened to ditch.
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Publish Date:13/May/2017 | 06:28

GE profit rises 36 percent, but sales slow

EghtesadOnline: General Electric Co ( GE .N) reported a 36 percent jump in fourth-quarter earnings on Friday, helped by strength in its power and renewable energy businesses, and it affirmed its growth and profit forecasts for 2017.
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Publish Date:20/January/2017 | 15:03

GE to sell $3 billion industrial solutions business

EghtesadOnline: General Electric Co said on Wednesday it would sell its $3 billion industrial solutions business, which makes electrical equipment, as part of a push to focus on its core businesses.
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Publish Date:15/December/2016 | 09:28

GE shifts strategy, financial targets for digital business after missteps

EghtesadOnline: General Electric Co wants its industrial software business to cut costs and lift profits next year under new chief executive John Flannery, and is considering expanded partnerships and the possible sale of some equity in the unit, according to people familiar with the business.
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Publish Date:28/August/2017 | 06:15