GE ups 2023 profit forecast yet again on aviation boom General Electric has today raised its full-year profit forecast for a third time this year after quarterly earnings topped Wall Street estimates on robust demand … Business • 24 Oct
GE to sell $2.44 billion stake in AerCap AerCap Holdings said a unit of General Electric will sell a stake worth about $2.44 billion in the aircraft leasing giant through an underwritten public … Business • 27 Sep
GE cuts annual forecast, posts 19% drop in adjusted pro General Electric has today reported a 19% drop in adjusted quarterly profit and cut its annual earnings forecast, as it struggles with supply snarls, inflationary … Business • 25 Oct 22
GE posts higher earnings on recovery in aviation General Electric surprised Wall Street with higher quarterly profit and positive cash flow as recovery in the aviation industry drove up its jet engine business, … Business • 26 Jul 22
GE forecasts higher earnings for 2022 General Electric has today forecast higher profit and free cash flow this year after reporting stronger-than-expected earnings in the quarter to the end of December. Business • 25 Jan 22
Industrial conglomerate pioneer GE set to break up General Electric said today it was planning to split into three public companies as it looks to cut debt and streamline its business, sending its … Business • 09 Nov 21
AerCap wins unconditional EU approval for GE deal EU competition regulators have today approved without conditions Irish aircraft leasing company AerCap's $30 billion bid for General Electric's aircraft leasing business, according to a … Business • 27 Jul 21
EU set to clear AerCap's $30 billion GE deal - sources European competition regulators are set to give unconditional approval to Irish aircraft leasing company AerCap's $30 billion bid for General Electric's aircraft leasing business, three … Business • 22 Jul 21
General Electric profit hit by slump in aviation General Electric has today reported a 20% fall in quarterly profit, hit by a slump in demand for aircraft engines as airlines struggle to recover … Business • 27 Apr 21
AerCap buys GE's aircraft-leasing unit for $30 billion General Electric said today that Ireland's AerCap Holdings would buy its aircraft-leasing business in a deal valued at more than $30 billion. Business • 10 Mar 21
AerCap confirms aircraft-leasing business talks with GE Ireland's AerCap Holdings has today confirmed ongoing discussions with General Electric to acquire its aircraft-leasing business. Business • 09 Mar 21
General Electric provides upbeat 2021 outlook General Electric has today offered an upbeat outlook for its business this year after reporting a surge in quarterly free cash flow. Business • 26 Jan 21
GE posts quarterly profit as business recovers General Electric has today unexpectedly reported a quarterly profit and a positive cash flow on the back of cost cuts and improvements in its power … Business • 28 Oct 20
GE to pay France €50m after failing to meet jobs pledge The French government said today that US industrial conglomerate General Electric will pay €50m after falling short of its goal of creating 1,000 new jobs … Business • 05 Feb 19
General Electric replaces CEO, pushing up its shares General Electric today replaced chief executive John Flannery and said it would take a roughly $23 billion charge to write off goodwill in its power … Business • 01 Oct 18
General Electric's quarterly profit drops 28% US industrial conglomerate General Electric today reported a 28% drop in quarterly profit, as weakness in power and renewables energy offset gains in its aviation, … Business • 20 Jul 18
GE to divest healthcare unit, separate Baker Hughes General Electric today said it plans to spin off its healthcare business and separate its oil services company Baker Hughes. Business • 26 Jun 18
General Electric dropped from Dow Jones stock index Slumping US industrial giant General Electric will be removed from the prestigious Dow Jones stock index, S&P Dow Jones Indices have said. Business • 20 Jun 18
Businesses among biggest losers from US Iran shift US President Donald Trump's decision to withdraw from the Iran nuclear pact threatens new business for several big companies, including Boeing, Airbus and General Electric. Iran • 09 May 18
GE's profit from continuing operations triples General Electric said today its quarterly profit from continuing operations more than tripled, helped by strength in its aviation and healthcare businesses. Business • 20 Apr 18
SEC probing insurance-related losses at GE General Electric disclosed that US securities regulators had begun probing a multi billion-dollar insurance charge it announced last week, a write-off that produced a $10 … Business • 24 Jan 18
General Electric to cut 12,000 jobs in power business General Electric is axing 12,000 jobs at its global power business, the struggling industrial conglomerate's latest effort to shrink itself into a more focused company. Business • 07 Dec 17
GE stock drops as profit misses forecast General Electric's third-quarter profit missed Wall Street estimates by a wide margin today and the industrial conglomerate slashed its earnings forecast. Business • 20 Oct 17
GE names John Flannery as new chief executive General Electric said its chief executive Jeff Immelt would step down, capping a 16-year term that included steering the conglomerate through the financial crisis and … Business • 12 Jun 17
GE's quarterly revenue falls by 1% General Electric said today that first-quarter cash flow from its industrial operations turned negative and was less than the company expected. Business • 21 Apr 17
