GE announced fourth-quarter 2012 operating earnings of $4.7 billion, or $0.44 per share, both up 13% from the fourth quarter of 2011.
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GE finalises $700 million purchase of Industrea Ltd
Expands GE's operations in Australia into mining equipment manufacturing to export globally
Plans to grow global mining business to around $5 billion over the next few years
BRISBANE, AUSTRALIA---6 December 2012--- GE Mining today announced that it had finalised the purchase of mining equipment manufacturer, Industrea Ltd.
ORLANDO, FLORIDA - Australian-based TAE signed an agreement with GE Aviation to become the M601 and H80 Designated Repair Center for the Asia-Pacific region.
Under this agreement, TAE will offer heavy repair services, engines rentals, line replacement unit rotable pools and field service support to all existing and future M601 and H80 engines in the Asia-Pacific region. GE Aviation will provide the necessary OEM parts to meet TAE's needs.
GE announced third-quarter 2012 Operating Earnings of $3.8 billion, or $0.36 per share, up 10% and 50% respectively from the third quarter of 2011.
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Countdown today announced that it has signed an alliance agreement with GE Capital to launch a credit card to New Zealand consumers.
Countdown Managing Director, Dave Chambers, said the credit card market was a logical entry point for the supermarket retailer into the financial services sector.
Mr Chambers said more than 80 million payment card transactions were processed through Countdown stores each year.
GE Capital releases data showing the NZ mid-market requires greater support and access to capital to grow.
Auckland, New Zealand: New research into the mid-market business sector has revealed that while it accounted for fewer than 5% of all NZ enterprise in 2011, it produced almost a third of all business revenue and one in three full-time equivalent jobs.
GE announced second-quarter 2012 Operating Earnings of $4.0 billion, or $0.38 per share, up 7% and 12% respectively from the second-quarter of 2011.
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