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Press Release

GE Capital's Energy Financial Services Agrees to Sell Project Finance Debt Business Valued at Approximately $2.6 Billion to Starwood Property Trust

August 08, 2018

Norwalk, Connecticut - August 8, 2018: GE Capital (NYSE:GE) has entered into an agreement to sell its GE Energy Financial Services’ Project Finance Debt Business (“Project Finance Debt Business”), including the transfer of a team of employees, to Starwood Property Trust, Inc. (NYSE: STWD) (“Starwood”). The sale comes as the energy investing unit of GE seeks to reduce the size of its asset base in support of a smaller and more focused GE Capital.


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Press Release

GE Healthcare launches Omnipaque Oral Solution, a ready-to-drink iodinated contrast medium for computed tomography of the abdomen

July 16, 2018

Boston, MA, USA -July 16, 2018 - GE Healthcare is launching OmnipaqueTM (iohexol) Oral Solution in the United States, a new, ready-to-drink iodinated contrast medium that can be used to help physicians diagnose medical conditions by improving the diagnostic visualization of the abdominal gastrointestinal tract. 

Omnipaque oral solution is indicated for oral use only in conjunction with Omnipaque injection administered intravenously for computed tomography (CT) of the abdomen in adults and children.


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Press Release

GE Hitachi Selected by U.S. Department of Energy to Lead Advanced Nuclear Technology Development Project for BWRX-300 with Exelon, Bechtel, HGNE and MIT

July 16, 2018

WILMINGTON, North Carolina-July 16, 2018-GE Hitachi Nuclear Energy (GEH) has been selected by the U.S. Department of Energy to lead a team of industry experts for an advanced nuclear technology development project.

 


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Press Release

Todd Ernst Named GE's Vice President of Investor Relations

June 29, 2018

BOSTON - 29 June 2018: GE (NYSE: GE) today announced that Todd Ernst will join GE as vice president of investor relations, effective July 23, 2018. In this role, Ernst will be responsible for communicating the vision and value of GE’s transformation with its shareholders and the financial community. Ernst joins GE from Raytheon, where he served most recently as vice president of Corporate Development. He succeeds Matt Cribbins, who is leaving GE as part of a planned transition process. 

 


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Press Release

GE Renewable Energy Chosen to Refurbish Boundary Powerhouse

June 27, 2018
  • GE Renewable Energy to rebuild three generators on the 1,117 MW Boundary plant
  • Project will improve generator output performance by +12 percent and enhance grid stability
  • Deal highlights the growing role of the North American hydro fleet in supporting the national grids

Brossard, Canada 27 June 2018 - The Hydropower business of GE Renewable Energy announced during the Hydrovision conference taking place in Charlotte, NC, that it has been chosen by Seattle City Light (SCL), the seventh largest publicly owned utility in the US, to rebuild thre


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Press Release

GE Focuses Portfolio for Growth and Shareholder Value Creation

June 26, 2018
  • Company to focus on Aviation, Power and Renewable Energy
  • Healthcare to become standalone company; GE expects to monetize 20% and distribute remaining 80% of GE Healthcare to shareholders tax-free 
  • Plans to fully separate Baker Hughes, a GE company (BHGE)  
  • Strengthening the balance sheet: Clear path to reduce debt by $25 billion, achieve Industrial net debt to EBITDA of less than 2.5x by 2020 and further
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Press Release

New molecular imaging products deliver quantitative accuracy for improved diagnoses

June 24, 2018
  • Discovery MI now available in an upgradable configuration with ultra-high sensitivity
  • Five new nuclear medicine systems designed to help clinicians achieve exceptional outcomes
  • Nuclear cardiology imaging software, Emory Cardiac Toolbox, provides remote reading and reporting virtually anywhere

Philadelphia, PA - June 24, 2018 - GE Healthcare showcased new molecular imaging and software solutions at the Society of Nuclear Medicine and Molecular Imaging (SNMMI) 2018 that will help deliver the vision


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GE Introduces New Femto DLynx II Buck Converters with Company's Smallest-to-Date Footprint

June 12, 2018
  • GE’s FKX003 and FKX006 Converters Provide a Small, Complete Module in a Footprint of Only 6.76 Millimeter (mm) by 9 mm
  • New Femto DLynx IITM Buck Converters Available in 3-Ampere (A) and 6-A Modules
  • Small Footprint Frees up Valuable Board Space

 


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Press Release

GE Board of Directors Authorizes Regular Quarterly Dividend

June 08, 2018

BOSTON, Mass.-June 8, 2018-The Board of Directors of GE (NYSE:GE) today declared a $0.12 per share dividend on the outstanding common stock of the Company. The dividend is payable Wednesday, July 25, 2018 to shareowners of record at the close of business on Monday, June 18, 2018. The ex-dividend date is Friday, June 15, 2018.

 

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Press Release

GE Introduces New Company to Develop Next Generation Unmanned Traffic Management

June 07, 2018

AiRXOS selected as service supplier for US DOT’s Unmanned Aircraft Systems Integration Pilot Program, Ohio Department of Transportation UTM Corridor Research and NUAIR Alliance Testing & Rating initiative


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