Keyword: General Electric

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General Electric Names New Head of Oil and Gas Unit

19.09.2013 - General Electric has named Lorenzo Simonelli as chief executive of its oil and gas unit, replacing Dan Heintzelman, who was appointed a vice chairman of the company. GE has spent...

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General Electric: Olympics Bring $100 Million in Sales

30.07.2012 - General Electric sold about $100 million of lights, power supplies and medical devices for the London Olympic Games. Less than for Beijing's massive build-out but still enough to...

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Samsung LED Launches Patent Countersuit Against Osram

14.06.2011 - Samsung LED said on Sunday it had filed a patent infringement lawsuit against Osram Korea Co. and two other Korean sales agents of German lightbulb maker Osram at a Seoul district...

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Jeff Immelt Shifting GE's Focus To Buybacks From Takeovers

19.05.2011 - General Electric Chief Executive Jeff Immelt wants to reduce the largest U.S. conglomerate's share count to the level it was before he sold new shares to raise cash during the...

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GE Unlikely To Face Liability in Japanese Nuclear Crisis

04.04.2011 - The Japanese nuclear crisis has created a public-relations headache for General Electric, but the company so far has escaped any legal fallout, and many experts expect it will...

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EPA Orders GE to Do More to Clean Hudson River

21.12.2010 - The U.S. Environmental Protection Agency on Friday ordered General Electric Co to dredge deeper into the Hudson River as part of the next phase of an effort to remove cancer...

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Roundup: Deals of the Day

14.12.2010 - • Private equity firm Bain Capital agreed to buy Dutch specialty chemical distributor IMCD, in a deal that people familiar with the matter said valued the business at close to €650...

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Oil Spill Boosts Shares of Recovery Companies

05.05.2010 - The shares of companies that make products used to counteract the oil spill in the Gulf of Mexico jumped on Monday, as industry and government officials frantically tried to stop...