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The Advocate

GE Capital completes Stamford exit
The Advocate
STAMFORD — GE Capital has completed the relocation of its remaining Stamford employees to its Norwalk headquarters and offices in New York City, Hearst Connecticut Media has confirmed. Approximately 300 workers based at 800 Long Ridge Road — which ...

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Chicago Tribune

GE CEO renews pledge to study breakup after $6.2 billion stumble
Chicago Tribune
Flannery said Tuesday he would continue to review the company's strategic options and update investors in the spring. GE had staged a modest rebound this year through Jan. 12, with a 7.5 percent advance. GE will take a $9.5 billion pretax charge ...
At GE, $6.2 Billion Charge for Finance Unit Hurts CEO's Turnaround PushNew York Times
GE to pay $15B for past mistakes amid breakup speculation - ABC ...ABC News
GE Shares Dive on $6.2 Billion Charge for Problems in Its Finance UnitFortune
CBS News -Zacks Investment Research -SEC.gov
all 520 news articles »


CBS News

GE Capital's woes revive breakup talk
Fort Wayne Journal Gazette
BOSTON – General Electric Co. is signaling it may undergo a more comprehensive transformation, a decade after breaking off substantial pieces of the multinational conglomerate in a bid to a return to its industrial roots. CEO John Flannery, who was put ...
Nestlé Agrees to Sell U.S. Confectionery Business to Ferrero - Nestlé USANestlé USA
Nutella Maker to Pay $2.8 Billion for Nestle US Candy UnitBloomberg

all 212 news articles »



White Oak Global Advisors Completes $550 Million Transaction with ...
Nasdaq
SAN FRANCISCO, Jan. 18, 2018-- White Oak Global Advisors, LLC today announced it completed a $550 million transaction with GE Capital Aviation.

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Seeking Alpha

GE: There Is No Joy In Mudville
Seeking Alpha
CEO Flannery called on his CFO and on GE capital's chief risk officer to help him explain a charge that he now assures us should not exceed $15 billion. The financial details are tortuous. To his credit, before his lieutenants overwhelmed listeners ...



GE: More Doubts Emerge, Making Me Still More Cautious
Seeking Alpha
GE shocks the market with essentially a $15 billion shortfall at GE Capital in the coming seven years. The losses show up after the last insurance policies have been written over 10 years ago, which smells very bad. After I turned cautiously optimistic ...



CNBC

Beware the 'black hole' that is GE, market watcher warns
CNBC
"There's still a lot of unknowns right now and, if anything, these write-offs actually highlight just how much wasn't known up until now," said Gina Sanchez of Chantico Global, who also holds a pessimistic outlook on GE. The GE Capital subsidiary said ...



Seeking Alpha

GE: On A Wing And A Prayer
Seeking Alpha
As I argued previously, when I assumed GE Capital, or GEC, was worth "peanuts," value destruction is a real risk for shareholders, whose holdings are now worth about $18, down 4% at the time of writing on Tuesday. It is now easier to figure out what is ...



Wall Street Journal

Troubles Push GE to Consider a Breakup - WSJ
Wall Street Journal
General Electric is considering breaking itself apart, its chief executive said, after disclosing more problems buried in one of its major units.


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