STAMFORD, Conn.--(BUSINESS WIRE)--Sept. 10, 2006--GE Money, the global consumer lending unit of General Electric Company, announced today the appointment of Mike Cutter to president and CEO of GE Money -- Australia & New Zealand. Cutter succeeds Thomas C. Gentile, who was recently appointed as SVP Global Marketing for GE Money. Cutter will report directly to David R. Nissen, president and CEO of GE Money.
FAIRFIELD, Conn.--(BUSINESS WIRE)--Sept. 8, 2006--The Board of Directors of General Electric Company (NYSE:GE) today authorized a regular quarterly dividend of $0.25 per outstanding share of the Company's common stock. The dividend is payable October 25, 2006 to shareowners of record at the close of business on September 25, 2006. The ex-dividend date is September 21, 2006.
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Kuala Lumpur, September 7, 2006 -- GE Healthcare and Inno Biologics Sdn. Bhd. (Inno Biologics) today announced their collaboration in training, technology updates and support services with the signing of a Memorandum of Agreement (MOA).
Inno Biologics is Malaysia's first cGMP biopharmaceutical plant. This MOA sees a long-term private sector-government collaboration for breakthrough technology and knowledge transfer that will nurture a sector touted by the government as the new engine of economic growth.
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CHICAGO--(BUSINESS WIRE)--Sept. 6, 2006--GE Antares today announced it is serving as the administrative agent for $38 million senior secured credit facilities to support the acquisition of SafeWorks LLC ("SafeWorks") by Wynnchurch Capital ("Wynnchurch"). GE Capital Markets is serving as lead arranger of the facility.
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NORWALK, Conn.--(BUSINESS WIRE)--Sept. 6, 2006--GE Commercial Finance - Global Media & Communications today announced that it has served as administrative agent on a $70 million facility to support Orange Broadband's acquisition of 44,000 subscribers in New Mexico, Colorado, Nevada and Utah as a result of Charter Communications' recent systems sale. Charlotte, N.C.-based Orange Broadband operates cable television systems that offer video and high-speed data services to residential and commercial customers.
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ST. PAUL, Minn.--(BUSINESS WIRE)--Sept. 6, 2006--To better address the market for garage storage and garage cabinets, expected to reach over $1.5 billion by 2009(a), GE Money's Retail Sales Finance unit and Slide-Lok, a leading provider of garage interiors and manufacturer of garage storage cabinets, today announced a new consumer credit program for Slide-Lok's 100-plus garage storage and garage cabinet dealers nationwide. The new program is available this month.
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CHICAGO--(BUSINESS WIRE)--Sept. 6, 2006--GE Antares today announced it is serving as the administrative agent for $38 million senior secured credit facilities to support the acquisition of SafeWorks LLC ("SafeWorks") by Wynnchurch Capital ("Wynnchurch"). GE Capital Markets is serving as lead arranger of the facility.
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Reinaldo Garcia, President & CEO of GE Healthcare International, spoke at Goldman Sachs' Healthcare Conference in London highlighting GE's vision, position and innovations in healthcare.
Reinaldo Garcia, President & CEO of GE Healthcare International, spoke at Goldman Sachs' Healthcare Conference in London highlighting GE's vision, position and innovations in healthcare.
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NORWALK, Conn.--(BUSINESS WIRE)--Sept. 5, 2006--GE Commercial Finance - Global Sponsor Finance, a leading provider of leveraged lending solutions to private equity-backed companies, today announced the hiring of Alan Aria as Managing Director and Melanie Brensinger as Senior Vice President.