GE announced strong first-quarter 2011 operating earnings of $3.6 billion, up 58%, or $0.33 per share, up 65%, from the first quarter of 2010.
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GE Capital today announced the completion of a C$15 million asset-based term loan for COM DEV International Ltd. (TSX: CDV; "COM DEV"). COM DEV will use the credit facility to recapitalize their balance sheet following the company's final investment in its data services subsidiary joint venture, as well as for general corporate purposes.
GE Capital today announced that registration is open for the 2nd annual Canadian Restaurant Investment Summit ("CRIS") - an investment and economic conference to provide restaurateurs, lenders, and investors with resources, knowledge and perspective to help make better investment decisions. CRIS was launched in 2010 by GE Capital, in collaboration with Big Picture Conferences Inc., to address a recognized need for a forum to discuss investment-related matters in the restaurant industry, from a Canadian perspective.
VANCOUVER, March 2 /CNW/ - Plutonic Power Corporation (TSX: PCC) and GE Energy Financial Services, a unit of GE (NYSE: GE), have achieved commercial operations at their second major renewable energy project, British Columbia's largest wind farm, a major milestone in their growth collaboration.
Portneuf, Quebec, February 23, 2011 -- GE and The Government of Canada announced today they are each investing $1.3 million, for a research project with Les Serres St-Laurent (Savoura) and McGill University, to develop innovative LED lighting technology for commercial greenhouses to help improve growing efficiency while reducing business operational costs.
Winnipeg, Manitoba -- February 15, 2011 -- GE Canada and StandardAero have signed an agreement to build a new $50 million aircraft engine research and technology development centre in Winnipeg. The centre is expected to initially employ 10 with the potential to grow to 50 employees within five years. The design and construction of the facility at the airport could employ up to 200 workers.
GE announced strong fourth-quarter 2010 earnings from continuing operations (attributable to GE) of $3.9 billion, or $0.36 per share, up 33% from the fourth quarter of 2009.
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OTTAWA, Jan. 17 /CNW/ - Elyse Allan, President and Chief Executive Officer of GE Canada, announced the launch of an initiative to gain greater insight into shaping the growth of Canada's remote community economies and the decisions being made by global and national businesses to invest in these communities.
