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A Question General Electric Holders Will Be Asking Today: Who Is John Flannery?
Monday, June 12, 2017 - 9:16am | 422Patience pays off after all. After 30 years with General Electric Company (NYSE: GE), GE Healthcare Limited CEO and President John Flannery is about to inherit all of corporate leadership. Effective Aug. 1, Flannery, 55, will succeed retiring CEO Jeffrey Immelt, who will retain his role as chairman...
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General Electric To Sell Its Appliances Business To Qindgao Haier For $5.4 Billion
Friday, January 15, 2016 - 11:29am | 250General 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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Is Regulation A Risk For GE?
Thursday, July 9, 2015 - 1:39pm | 358In a report published Thursday, Morgan Stanley analyst Nigel Coe previewed General Electric Company (NYSE: GE)'s upcoming second quarter results, noting that the regulatory approval process for Alstom and Appliances will be a key focus. The European Union competition commission has...