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GE Investor Update: Taking Action To Drive Growth And Create Value

Erica Firmo
November 13, 2017
Speaking at GE’s investor update meeting in New York today, GE Chairman and CEO John Flannery announced actions being taken across GE to make the company simpler and stronger, drive growth, and create more value. Flannery emphasized that the GE of the future will be a highly focused industrial company with unmatched global scale and strength in technology, services, additive manufacturing, and the digitization of industry.
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Earnings

GE’s Third-Quarter Results: Navigating a Tough Cycle

Erica Firmo
October 20, 2017
Today, GE released its third-quarter results for 2017. The company reported $0.29 earnings per share, down 9 percent compared to the third quarter in 2016. Industrial cash from operating activities was $1.7 billion and industrial operating profit fell by 7 percent, organically. Orders increased 11 percent and GE returned $10 billion to shareowners so far this year through dividends and share buybacks. While a majority of the company’s businesses performed well this quarter, the results were more than offset by a decline in Power and Oil & Gas profit.
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The Weekend Edition

Tracing The Links Between Basic Research And Real-World Applications

Benjamin Jones
Mohammad Ahmadpoor
August 20, 2017

A new study connects the dots between published science and patented innovations, mapping just how society benefits from basic scientific research.


 

 

What does hailing a ride with Uber have to do with 19th-century geometry and Einstein’s theory of relativity? Quite a bit, it turns out.
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Earnings

GE Reports Second Quarter Earnings: Delivering on Its Portfolio Strategy

Tim Cheng
July 21, 2017
Today, GE released its second-quarter results for 2017. The company reported a solid quarter with $0.28 earnings per share, despite a challenging and competitive global environment with economic volatility. Industrial cash from operating activities for the second quarter was $1.5 billion, significantly better than first quarter and better than second quarter last year. GE expects cash flow to continue to improve throughout the year.
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investors

Immelt Updates Investors On GE’s Digital Industrial Strategy

Tim Cheng
Erica Firmo
May 24, 2017
Speaking at an annual gathering of industrial executives, Wall Street analysts and investors Wednesday in Florida, GE Chairman and CEO Jeff Immelt outlined GE’s strategy as a simplified, digital industrial company with an increased focus on digital and additive technologies like 3D printing.
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Saudi Arabia And GE Partner On $15 Billion In New Projects 

Tomas Kellner
May 21, 2017
GE announced $15 billion in new agreements with Saudi Arabia on Saturday, including $7 billion in GE technology and solutions. The projects will focus on the kingdom’s power, healthcare, energy and mining sectors, as well as skills training and digital analytics running on Predix, the company’s software platform for the Industrial Internet.
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investors

Annual Meeting: GE Shows Shareowners Digital Industrial Future

Tim Cheng
April 26, 2017
“We didn’t have calculators, so you used a slide rule for all of your multiplications,"" Reynolds said. Image credit: GE"
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Q1

GE Reports First Quarter Earnings: A Strong Start In A Challenging Environment

Tim Cheng
April 21, 2017
That’s an augmented reality check.
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Annual Report

Jeff Immelt: Leading A Digital Industrial Era

Jeffrey R Immelt GE
February 27, 2017
GE released its 2016 Annual Report today. It includes a letter to shareowners written by GE Chairman and CEO Jeff Immelt. In the letter, Immelt shares his thinking about GE’s performance and role in the world. Here is a note he sent to employees as well as a link to the Annual Report:
 
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Industrial Internet

A $100 Billion Idea: GE’s Jeff Immelt Talks To CNBC’s Jim Cramer About Industry’s Digital Transformation

Tomas Kellner
Timothy Cheng
February 16, 2017
Jeff Immelt, GE chairman and CEO, recently sat down with CNBC host Jim Cramer to talk about GE’s transformation into the world’s largest digital industrial company. Here are the highlights from the interview.
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