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.
Please click here to read the rest of the press release, in English.
Melbourne, AUSTRALIA---18 September, 2012--- General Electric (GE) has urged the Climate Change Authority not to recommend further changes to the national Renewable Energy Target in its first biennial review.
In its response to the Climate Change Authority's Issues Paper, GE has highlighted the need for regulatory stability following wide-ranging change and corrective action taken on the RET over the last five years, as well as the current risk to some elements of the complementary Clean Energy Future package.
Auckland, New Zealand -- 5 September 2012 -- In another step towards doing business in a low-carbon economy, GE New Zealand has been awarded the CEMARS (Certified Emissions Measurement and Reduction Scheme) certification, making New Zealand GE's first global location to achieve this status.
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.
