ge news

GE (NYSE: GE), Navistar International Corporation (NYSE: NAV), a leading global manufacturer of trucks, buses and diesel engines, and Navistar Financial Corporation (NFC), a wholly owned subsidiary of Navistar, jointly announced today an expanded financing relationship under which GE Capital will become Navistar’s preferred provider of retail financing solutions to support sales of Navistar trucks and school buses in the U.S.

GE Lighting, a unit of GE Appliances & Lighting, continues a reshaping effort designed to better serve customers and enable profitable growth with the establishment of GE Lighting Solutions

GE Money announced a multi-year agreement to provide consumer financing for EcoQuest products through the Home Design credit program, managed by GE Money's Sales Finance unit. EcoQuest is a registered trademark of DBG Group Investments, LLC. EcoQuest products are marketed and sold through a network of independent business owners throughout North America.

GE Aviation Systems recently joined an industry consortium dedicated to advancing emerging technologies and services in order to bridge today’s air transportation system with tomorrow’s next generation air travel and commerce needs.

Comcast (NASDAQ: CMCSA, CMCSK) and General Electric (NYSE: GE) announced today that they have signed a definitive agreement to form a joint venture that will be 51 percent owned by Comcast, 49 percent owned by GE and managed by Comcast.

Metro de Madrid, the third largest metro system in the world, has successfully introduced a program to transform its maintenance operations and provide higher standards of transportation services.

Two Duke Energy (NYSE: DUK) wind power projects recently under construction in Pennsylvania and Wyoming are now on line and generating clean, renewable electricity.

Siemens AG has been named once again to the prestigious Dow Jones Sustainability World Index (DJSI), capturing the No. 1 spot in the sector Diversified Industrials, which also includes ITT, General Electric and Toshiba.

GE Energy has signed a multi-year service contract for more than US$45 million with Dubai Aluminium Company Limited (DUBAL), one of the world’s largest producers of premium quality aluminum.

GE Capital today announced it led a $316 million accounts receivable securitization facility for SunGard Data Systems Inc., one of the world’s leading software and information technology services companies. The loan will be used for working capital needs. GE Capital Markets was sole lead arranger on the transaction.

GE Energy has signed a $115 million, long-term service agreement with Fujian Jinjiang Gas Power Co. Ltd. that helps address the need for reliable and efficient power generation to support the rapid economic growth of Fujian Province in southeastern China.

General Electric today announced that, at the request of GE Capital Corporation (GECC), the Federal Deposit Insurance Corporation (FDIC) has approved an application filed by GECC, which positions it to exit the Temporary Liquidity Guarantee Program (TLGP).

Under a contract of approximately US$25 million, GE Oil & Gas will supply three ICL units, which are designed to offer operating and environmental benefits.

More Energy Efficient Lighting to Save Over 3,500 Metric Tons of CO2 Annually

1,100 scientists, engineers and technologists will focus on information technology, energy and aviation R&D; drive progress in manufacturing capability

With its unveiling of the fastest selling large jet engine in GE history – the GEnx – and its strategic agreement with Mubadala Development Company, GE (NYSE: GE) and its joint ventures, CFM* and Engine Alliance+, announced more than $8 billion in orders at this week’s Paris Air Show, which is held at Paris’ Le Bourget airport.

GE Oil & Gas, a world leading company in oil and gas advanced technology equipment and services, today announced that it has been selected by BP to conduct two initial engineering studies for the Foinaven oil field, for subsea processing and power-from-shore systems respectively.

GE’s integrated cockpit at the Paris air show incorporates a large area display suite and the flight management system (FMS) demonstrating the capability to fly precision and optimized descent arrivals that deliver fuel, emission and noise reductions for an integrated Air Traffic Management system.

Electronic Medical Records Can Help Improve Patient Outcomes, Reduce Medical Errors and Costs

GE Capital, Corporate Retail Finance today announced it co-led a $4 billion asset-based credit facility for Sears Holdings Corp., a leading retailer operating more than 3,800 stores throughout the U.S. and Canada. The loan will be used for working capital needs. GE Capital Markets served as joint lead arranger.