HOUSTON & BOSTON - (BUSINESS WIRE) - November 13, 2018 - Baker Hughes, a GE company (NYSE:BHGE) (“BHGE” or the “Company”) and General Electric Company (NYSE:GE) (“GE”) jointly announced today the entry into a series of long-term agreements (the “Agreements”) that amend the commercial and technological relationships between the two companies. The Agreements focus on:
WILMINGTON, North Carolina-November 12, 2018-Global Nuclear Fuel (GNF) and Teollisuuden Voima Oyj (TVO) today announced that GNF ENUSA Nuclear Fuel S.A. (GENUSA), a joint venture between ENUSA Industrias Avanzadas S.A. (ENUSA) and GNF, has been selected to provide fuel reloads for the Olkiluoto Nuclear Power Plant in Eurajoki, Finland.
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- 3Q’18 GAAP continuing EPS of ($2.63); 3Q’18 adjusted EPS (non-GAAP) of $0.14
- GE CFOA (GAAP) of $(3.4) billion; adjusted GE Industrial free cash flows (non-GAAP) of $1.1 billion-a)
- Recorded non-cash goodwill impairment charge of $22 billion, before tax, related to GE Power
- GE plans to reduce quarterly dividend to $0.01 per share beginning with next declaration, expected in December 2018
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- Clarke Energy to Provide Two of GE’s Natural Gas-Fueled Jenbacher Gas Engines in a Customized Prefabricated and Modular Enclosure for Sebewaing Light & Water (SL&W)
- Project Helps Mitigate Effects of Increased Variability in MISO’s Wholesale Electricity Segment
- SL&W Project’s Savings in the Region of $1.4 Million and a Reduction of up to 15,000 Tons of Carbon Dioxide per Year Compared to Status Quo
- Hot Water Recovered from the Engines Will be Available to SL&W’s Leading Industrial Customer
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- Leading International Cheese Manufacturer Relies on Jenbacher Combined Heat and Power (CHP) System to Supply Power to Its Plant Near Coburg, Germany
- Flexible Jenbacher CHP System can be Used Both in Island Mode and in Network-Parallel Mode
- Project Boasts All Factors of the "Magic Triangle": Increased Energy-Supply Security, Significant Improvement of the Eco-Balance, and Improved Operating Efficiency
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BOSTON, MA, October 16, 2018 - Today, Avitas Systems, a GE venture, announced that it received Federal Aviation Administration (FAA) approval to fly an unmanned aerial system (UAS) beyond visual line of sight (BVLOS) in Loving County, Texas. The permission authorizes Avitas Systems to fly a UAS over 55 pounds at low altitudes without a visual observer for industrial inspection; it is the first FAA-approved civil use of BVLOS with radar.
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BOSTON-October 12, 2018--GE (NYSE: GE) today announced that it has moved the date of its third-quarter earnings release and webcast to Tuesday, October 30, 2018.
The Company moved the call to allow GE Chairman and CEO Larry Culp to complete initial business reviews and site visits following his appointment on October 1. The Company will discuss the results for the third quarter ending September 30, 2018. Culp will share his initial observations, with more detail expected in early 2019.
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Deutsche Energie-Agentur (dena) study examines application possibilities, technical conditions and business models in the energy system
San Ramon, California, October 11, 2018 - GE Power Digital has joined a study to evaluate the use of blockchain technology for energy industry applications. The study - launched by the German energy agency, Deutsche Energie-Agentur (dena) - will investigate whether blockchain applications can be operated economically and reliably in energy industry use cases.
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- GE Invests More than $200 Million into Aeroderivative Technology and Services Solutions
- Broadens Cross-Fleet Solutions by Repowering Siemens, Rolls-Royce, Pratt & Whitney and Mitsubishi Gas Turbines with GE Aeroderivative Technology and $15 Million in Backlog Orders
- Announces Plans to Expand Houston Service Center to Support Increased Services Volume