FAIRFIELD, Conn. - July 17, 2015 - GE has posted its second-quarter financial results on its investor relations website at http://invent.ge/2Q15_Earnings. The investor website will also host a webcast for investors at 8:30 a.m. ET with Chairman and CEO Jeff Immelt and CFO Jeff Bornstein.
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GE Appliances and IFTTT release the GE Appliances GeoSpring™ channel to help GeoSpring owners connect their hot water heater to apps and other connected devices; connectivity breeds energy efficiency.
CHICAGO - GE Capital, Commercial Distribution Finance (CDF) announced today a multi-year extension of its strategic inventory financing program with Scag Power Equipment. CDF has worked with Scag, a manufacturer of lawnmowers and debris handling equipment, since 1997.
Headquartered in Mayville, WI, Scag sells its products through an independent network of dealers and distributors in North America. CDF’s inventory financing enables Scag’s network to stock the optimal amount of product to sell to consumers.
BETHESDA, MD, JULY 14, 2015 - GE Capital’s Healthcare Financial Services (HFS) business announced today that it has closed and fully funded a $4 million additional term loan financing to Cianna Medical, Inc., bringing the total venture loan facility to $12 million. The funds will be used to help support the commercialization of its new SAVI SCOUT® surgical guidance system, which is currently being launched.
SAN RAMON, Calif. - GE (NYSE:GE) and Pitney Bowes (NYSE: PBI) today announced an alliance to develop customized asset performance management (APM) applications for Pitn
SCOTTSDALE, AZ, JULY 6, 2015 - GE Capital’s Franchise Finance business announced today that it has provided financing to Dufficy Enterprises Inc. Based in Franklin, MA, Dufficy is a Domino’s Pizza franchisee that operates 16 units in the greater Boston area.
The credit facility includes a term loan that will be used to refinance outstanding debt and a credit line that will be used to remodel existing stores and acquire new ones.
FAIRFIELD, Conn. - July 1, 2015 - GE [NYSE: GE] was notified today that the Department of Justice has initiated court proceedings seeking to enjoin the sale of GE Appliances to Electrolux. Electrolux and GE intend to vigorously defend the proposed acquisition as pro-competitive and pro-consumer. Our goal remains to close the deal this year. GE continues to believe that GE Appliances’ customers, consumers and employees will benefit from Electrolux’s commitment to the appliance business and its ability to compete with global competitors.
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SHANNON, Ireland, July 1, 2015 -- GE Capital Aviation Services (GECAS), the commercial aircraft financing and leasing arm of GE, today announced the appointment of John Ludden as executive vice president and general counsel. He succeeds David Lloyd who retired from GECAS after a 22-year career with GE.
