BURLINGTON (ON), April 30, 2014 --- GE Capital Canada, a long-time provider of wholesale and retail financing for commercial trucking, construction and office imaging equipment manufacturers, today announced an agreement with Life Fitness International Sales, Inc. to offer financing to health clubs and gyms across the country that want to buy Life Fitness equipment. The relationship with Life Fitness marks GE Capital Canada's first vendor program in the fitness equipment industry.
GE announced first-quarter 2014 operating earnings of $3.3 billion, with operating earnings per share of $0.33, down 15% from the first quarter of 2013. Excluding the 2013 NBCUniversal impact and restructuring and other charges, operating EPS was up 9% from the year-ago period.
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TREVOSE, PA.---March 25, 2014---GE (NYSE: GE) reports that MEG Energy Corp. has selected its evaporation technology for Phases 2B and 3A of the Christina Lake Project, located in Northern Alberta, Canada. GE's evaporators will be used to recycle a significant portion of the steam generator blowdown for reuse as boiler feedwater.
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Over $11 billion in office imaging equipment financed since 2004
IRVING, TX --- GE Capital announced today a five-year extension of its financing agreement with Ricoh Americas Corporation (RAC) through September 2019 in the U.S. and Canada. RAC is part of Ricoh, a global technology company specializing in office imaging (OI) equipment, production print solutions, document management systems and IT services. GE Capital provides comprehensive leasing for RAC's products and services.
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CALGARY, Alberta (February 6, 2014). GE Licensing is making GE-developed intellectual property (IP) available to entrepreneurs and small businesses to bring technologies with commercial potential to market faster.
As part of a pilot to test the approach, the first licensee of GE developed technology will be Edmonton's Vadu Inc. Vadu plans to commercialize a proprietary GE video analytics technology. Customers will be able to use Vadu's solution to customize and enhance consumer-buying experiences and improve sales effectiveness in real-world environments.
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Currently available in six countries with expansion planned
CHICAGO, IL --- GE Capital, Commercial Distribution Finance (CDF) has been selected by Dell Financial Services (DFS) as a financing source for channel partners selling Dell products and services. In addition to select countries in North America and Europe where financing is currently available, both parties intend to continue expanding the program in 2014 and beyond.
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MONTREAL (QC) --- GE Capital's Canadian Franchise Finance business announced today that it has provided senior debt to Bayview Hospitality Group Inc., a hotel management and development company headquartered in Toronto, that will be used to refinance existing debt and allow operating partners to buy out the investor shareholders of four properties --- three Homewood Suites and one Hampton Inn & Suites in the greater Toronto area.
Bayview Hospitality operates six hotels with a total of 1,006 rooms.
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GE announced fourth-quarter 2013 operating earnings of $5.4 billion, with earnings per share of $0.53, up 20% from the fourth quarter of 2012.
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