General Electric News
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1 hr ago | Sys-Con Media
Today, GE announced its first micro-factory, FirstBuilda , will be in Louisville, Ky., GE Appliances' headquarters.
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Economy Asian stocks moved lower following a strong opening after the People's Bank of China disclosed it withdrew 172B yuan through repurchase agreements.
It has been widely assumed that General Electric would continue the precedent set by former long-time CEO, Jack Welch.
The National Association of Home Builders/Wells Fargo housing market index rose to 47 in April from a revised 46 in March, which was a rebound below the expectation of 50 from economists polled by Reuters.
The Consumer Price Index ticked up 0.2% in March, slightly higher than the expected 0.1% boost, driven by shelter and food prices.
* General Electric Co Chief Executive Jeff Immelt may step down sooner than his expected 20-year tenure, the Wall Street Journal reported, citing people familiar with the company's thinking.
Tax fairness demands that General Electric not get a better deal from the IRS than small business owners.
TheStreet Ratings team rates GENERAL ELECTRIC CO as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation: "We rate GENERAL ELECTRIC CO a BUY.
Last year, the aviation engineers at General Electric found themselves with a jet engine bracket problem.
Next week will be a short, but action packed week with earnings season underway and several central bankers set to speak.
Of course, this isn't a bad thing, but Foolish investors will wonder if there is a reason to buy the stock rather than one of its peers like General Electric Company would see the company returning around 3.7% of its enterprise value to shareholders this year -- not too shabby.
General Electric plans to build a new U.S. global operations center in the Cincinnati area, bringing an expected 1,400 jobs to southwest Ohio.
Its contribution to total earnings, however, fell to 40% in 2013. And now, GE CEO Jeff Immelt expects GE Capital's contribution to overall 2014 earnings to come in at 30%, preserving a bigger share of the earnings pie -- 70% to be exact -- for GE's industrial business.
General Electric Co. is moving 1,400 office jobs to a new administrative center in Cincinnati, Ohio, as the company seeks to trim costs by consolidating back-office operations across its varied businesses.