General Electric News

May 23rd, 2013 - Markets received an early boost Wednesday after comments from Federal Reserve Chairman Ben Bernanke signaled that the central bank was not ready to ease up on economic stimulus.

The cash is piling up at home in part as companies such as General Electric Co. and chemical maker PPG Industries Inc.

The head of a typical large public company made $9.7 million in 2012, a 6.5 percent increase from a year earlier that was aided by a rising stock market, according to an analysis by the Associated Press using data from Equilar, an executive pay research firm.

Jeff Immelt, Chairman and CEO of General Electric, left. The company is considering spinning off parts of its finance unit through an initial public offering as Immelt works to shrink the business.

GE Global Research, the technology development arm of the General Electric Co. today announced that it has won a prestigious Manufacturing Leadership 100 award in recognition of its work to build a new, cloud-based, software platform that enables a global community of experts to share ideas, design, and build complex cyber-physical systems securely ... (more)

General Electric Co. on Wednesday unveiled new targets for pruning GE Capital that could see the big finance arm reduced by the end of 2014 to less than half its size in the run-up to the 2008 financial crisis.

General Electric was once revered as one of the bluest of all blue-chip companies in the world.

Stocks in the News is produced by Ransom Notes Radio and Goodfellow, LLC. Crista Huff manages Goodfellow LLC , a website that recommends outperforming stocks using fundamental and technical analysis.

General Electric plans to extract $6.5 billion in dividends from its financial unit this year as CEO Jeffrey Immelt ramps up shareholder rewards while shrinking the business.

U.S. stocks traded slightly higher, grinding further into all-time high territory after a slow start Monday with Yahoo Inc.'s acquisition of Tumblr and other deal news dominating investor attention.

GE Capital Corp's board has approved a plan to pay $6.5 billion in dividends and a further $4.5 billion in special dividends to parent General Electric Co in 2013.

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General Electric Co. and Boeing Co . are alerting airlines about a possible problem with Boeing's 777 jumbo jet engines, Reuters reports.

It operates diversified businesses such as technology, media and financial services.

Instagram is rapidly becoming more popular with the world's largest brands. The photo-sharing service, which was purchased by Facebook Inc.

Smallworld Network Inventory Provides Utilities with an End-to-End View of Its Telecommunication Networks; Advanced Solutions Increase Efficiency and Reduce Network Downtime Expanding on its network solutions to help telecommunications providers build out their infrastructure and satisfy their customer's growing demand for telecommunications ... (more)

Ray Dalio , a macro-oriented founder of the world's largest hedge fund for two years running, Bridgewater Associates, bought 121 new U.S. stocks in the first quarter, according to GuruFocus' Real Time Picks .

General Electric has released Innova EPVision 2.0 to enable live visualization of the anatomy for a wide range of procedures without additional cost of installing other gadgets.

For those of you who have been living under a rock for the last couple years the United States is experiencing a shale gas boom unlike any the world has ever seen.

General Electric Co. Chief Executive Officer Jeffrey Immelt tried to sell off the company's appliance and lighting businesses in 2008, only to have the effort derailed by the financial crisis.