GE CEO Jeff Immelt Makes Statement Regarding Synchrony Financial IPO
FAIRFIELD, Conn. – July 31, 2014 – GE [NYSE: GE] Chairman and CEO Jeff Immelt made the following statement today: “Today, we successfully executed the IPO of our North American Retail Finance business, Synchrony Financial. This is an exciting time for the Synchrony Financial team, and we are proud to …
GE ENERGY FINANCIAL SERVICES INVESTS IN ATRIA POWER’S WIND FARMS IN INDIA; SUPPORTS USD $1 BILLION ANNUAL RENEWABLE ENERGY INVESTMENT COMMITMENT
ANANTHAPUR AND BETUL, INDIA — July 28, 2014: GE unit (NYSE: GE) GE Energy Financial Services has invested equity in three Atria Power wind projects under construction in India, supporting GE’s commitment to invest USD $1 billion annually in renewable energy projects worldwide. The wind farms will have a combined …
GE, CLINTON HEALTH MATTERS AND PARTNERS LAUNCH PLAN TO IMPROVE HEALTH IN HOUSTON & HARRIS COUNTY
Houston, TX, July 24, 2014 — (NYSE: GE) — GE, the Clinton Health Matters Initiative (CHMI), Houston Mayor Annise Parker and partners today released the “Houston and Harris County Blueprint for Action,” a report which outlines nine key areas of need with action steps and measurement criteria to drive improved …
GE Reports 2Q’14 Operating EPS $0.39, +8% 2Q Industrial Organic Revenues +5%; Segment Profit +9% 2Q Operating Margins Up 20 Basis Points Backlog of $246B, Up $23B from Year-Ago Retail Finance IPO Targeted for End of July Total-Year Framework on Track
2Q Highlights 2Q operating EPS $0.39, +8% 2Q Industrial segment revenues +7% Growth market orders +14%, revenues +6% Services orders +14%, revenues +5% 1H margins +30 bps vs. year-ago Cash generation of $3.4 billion year-to-date, including $1.4 billion GECC dividend GE Capital ENI (excluding cash and equivalents) at $371 billion, …