Eden Prairie, Minn. -- January 23, 2013 -- GE Capital Fleet Services today announced $460 million in identified customer cost savings for the full year of 2012, with accelerated and optimal replacement analyses cited as the leading areas for savings.
By analyzing customers' fleets to maximize efficiency and reduce costs, GE Capital has identified a total of $1.4 billion in potential savings opportunities for customers in the past four years.
LOUISVILLE, Ky., -- January , 2013 -- (NYSE:GE) -- This week, GE Appliances is showcasing some of its 2013 product portfolio at the International Builders' Show (Booth #C3507). From laundry products to wall ovens and refrigerators, the newest products boast industry-first features designed to elevate appliance experiences. Among them:
FAIRFIELD, Conn. -- January 23, 2013 -- GE (NYSE: GE) announced today that it will hold its 2013 Annual Meeting of Shareowners on Wednesday, April 24, 2013 at the Ernest N. Morial Convention Center in New Orleans, Louisiana. GE holds its shareowners meeting in a different city each year to illustrate the diversity of the company's businesses and the strength of its portfolio.
Channel cash flow challenges may also drive more M&A
CHICAGO, IL --- GE Capital's Commercial Distribution Finance (CDF) business saw an increase of more than 10 percent in financing volume in the information technology (IT) channel in 2012, and it expects that trend to continue this year. This is, in part, because of wider adoption of manufacturer-approved financing programs that offer inventory working capital within the IT industry, both domestically and internationally, easing cash flow challenges for value-added resellers (VARs), distributors and system integrators.
GE Capital is optimistic about the outlook for the music instrument industry
CHICAGO, IL ― As the National Association of Music Merchants (NAMM) prepares for its annual winter show, GE Capital's Commercial Distribution Finance (CDF) business said it is optimistic about the outlook for the music instrument industry.
BETHESDA, MD -- January 22, 2013 --- GE Capital, Healthcare Financial Services announced today that it is serving as administrative agent on a $45 million senior secured credit facility for The Brooklyn Hospital Center. The financing refinanced existing debt and is being used for ongoing working capital needs. GE Capital Markets served as sole lead arranger and bookrunner on the facility.
YANGON, Myanmar, January 22, 2013 -- Myanma Airways, the flag carrier of Myanmar, inaugurated into service, from Yangon to Mandalay, the first of two Embraer E190s leased from GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of GE (NYSE: GE).
