“I applaud the President-Elect for his choice of Rex Tillerson for the role of Secretary of State. I have worked closely with Rex on significant projects all over the world. As the leader of Exxon Mobil, a truly global American company, Rex has an exceptional understanding of our country’s essential and strategic role in the world. More importantly, he has a contemporary, ground-level view of our most important relationships. He is highly respected, well-travelled, a great negotiator and smart.”
BOSTON - December 9, 2016 - The Board of Directors of GE (NYSE: GE) today raised the Company’s quarterly dividend 4%, or $0.01 per outstanding share of the Company’s common stock, to $0.24 per outstanding share of the Company’s common stock. The Board declared that the dividend is payable January 25, 2017 to shareowners of record at the close of business on December 27, 2016. The ex-dividend date is December 22, 2016.
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- The Bengaluru hub is GE’s largest Digital Hub globally
- The company to add 1,000 IT & software professionals to current workforce
Bengaluru, November 30, 2016: As a key step forward in GE’s digital transformation, the company today announced the opening of its largest Digital Hub located in Bengaluru. Currently employing 1,500 highly skilled IT and software professionals, GE Digital’s Hub in India will create an additional 1,000 technology positions.
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SYDNEY, Australia - December 2, 2016 - The Australian Department of Defence today announced a $232 million contract extension to expand GE Aviation’s support of jet engines for the Royal Australian Air Force's (RAAF) fighter fleet until 2025.
Under the contract, GE will provide engineering, supply and maintenance support for the 84 engines of Australia’s F/A-18F Super Hornet and EA-18G Growler aircraft fleets. Australia’s Growler fleet is scheduled to enter service in 2017.
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DUBLIN, Dec. 1, 2016 -- Milestone Aviation Group Limited ("Milestone"), a GE Capital Aviation Services company ("GECAS") and the global leader in helicopter leasing, today announced that President Daniel Rosenthal has been named President and Chief Executive Officer, effective January 1, 2017. Richard Santulli, GE Officer and Milestone Chairman, will leave GE but continue to serve Milestone in an advisory capacity.
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- GE Capital’s Completed Deals to Date Total Approximately US$186 Billion (ENI)
- GE continues transformation to more focused Digital Industrial Company
Boston, Mass. - November 30, 2016 - GE (NYSE: GE) has today sold its shares in GE Capital Interbanca S.p.A in Italy to Banca IFIS S.p.A. This transaction represents ending net investment (ENI) of approximately US$3.6 billion as of the end of the third quarter 2016.
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- Addressable market is worth over USD 25 billion globally
- Partnership will provide Industrial IOT solutions to customers in oil & gas, fertilizer, power, healthcare, telecom and other industries
MUMBAI, 17th November 2016: Reliance Industries Limited (NSE: Reliance) and GE (NYSE: GE) today announced the signing of a global partnership agreement in the Industrial IOT (IIOT) space whereby RIL and GE will work together to build out joint applications on GE’s Predix platform.
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Library of machine and deep learning algorithms to address disease states, create expert systems to enhance imaging, and help guide treatment
UC San Francisco’s Center for Digital Health Innovation and GE Healthcare today announced a partnership to develop a library of deep learning algorithms - complex problem-solving formulas - that will empower clinicians to make faster and more effective decisions about the diagnosis and management of patients with some of the most common and complex medical conditions.
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- Furthers GE’s presence in the additive manufacturing space
- Follows recent agreement to acquire 75% of Concept Laser
- Launches www.geadditive.com website to detail GE’s multi-faceted additive activities
BOSTON, MA (USA) - November 15, 2016 - GE (NYSE: GE) has agreed to purchase controlling shares of Arcam AB of Sweden following the conclusion of the extended public tender offer which ended on November 10.