In the 2000s, GE’s expansion was spurred by GE Capital’s success, the company’s financial arm, along with the company’s diversification strategy. However, GE Capital suffered losses and got bailed out ...
NEW YORK (Reuters) - General Electric Co.'s plan to retrench from the finance business will further reduce its already diminishing presence in the U.S. money market, which it has leaned on to fund ...
SYDNEY, Nov 9 (Reuters) - GE said on Monday it had reached an agreement to sell its finance unit GE Capital's commercial lending and leasing portfolios in Australia and New Zealand to Sankaty Advisors ...
Technology services company Comdisco Inc. has agreed to sell its electronics leasing and its laboratory and scientific leasing businesses to GE Capital’s Commercial Equipment Financing unit. GE ...
R eports Q3 revenue $5.1B, consensus $5.08B. GE HealthCare President and CEO Peter Arduini said, “We delivered robust orders with growth across all segments in the third quarter ...
Q3 2025 Management View President and CEO Peter Arduini highlighted, "organic revenue grew 4%" in the third quarter, with "robust orders growth of 6% with growth across all segments." He attributed ...
We delivered another quarter of solid results, and we're focused on executing our precision care strategy. For instance, ...
GE Capital has been the number one debtor-in-possession financing shop in the US for the past five years. In view of the leveraged finance boom, that is a position Wall Street banks are viewing with ...
GE Aerospace GE0.48%increase; green up pointing triangle reported higher earnings for the first quarter on revenue gains from its defense businesses and commercial engines and services unit. The maker ...