Hints and tips:
Related Special Reports
...Munson, who previously worked for GE Capital and Goldman Sachs, could not be reached for comment. NYCB said: “We can confirm that Nick Munson left the company in early 2024.”...
...But leading oil producers including Saudi Arabia are betting that petrochemical demand will continue to rise even if demand for petrol-driven vehicles falters, and it is investing in Chinese petrochemical...
...After a period of divestments, GE conducted a reverse 1-8 split. Ditto, in the UK, Melrose’s 1-3 share consolidation last year. Then again, plenty of US companies also spurn splits....
...Local head Isabel Ge Mahe said the company was “proud to deepen our roots in China and expand our world-class facilities here”....
...The former GE executive had been a Boeing board member since 2009. He promised to rebuild trust with regulators, airlines and the flying public, and to bring in greater transparency....
...The best tale the former mentee to GE’s “Neutron” Jack Welch could drum up involved bean counting....
...Then, in January, as part of its plan to break itself up into three pieces and then to disappear as a conglomerate, GE spun-off 80.1 per cent of its healthcare division as GE HealthCare Technologies, Inc...
...Last week, it announced a partnership with petrochemicals group Idemitsu Kosan to jointly develop and produce a sulphide electrolyte, which it said would be key to commercialisation within five years....
...For example, in 2008 when Goldman Sachs and GE needed capital infusions, he stepped in on very favourable terms but passed on Lehman and AIG as saw too many red flags....
...GE said it disagreed with ISS’s recommendations....
...GE HealthCare, maker of specialist medical equipment, rose 8 per cent in its debut on Wednesday. The portmanteau name Kenvue is supposed to combine notions of knowledge and insight....
...Somehow, even while producing sponsored videos for legacy corporations such as GE, Vice held on to its “cool” factor....
...But most companies in the space are now huge, and too much diversification always carries with it the threat of the famous GE conglomerate discount....
.... ©2022 Nikkei Inc. All rights reserved....
...Ineos, owned by Jim Ratcliffe, has a sprawling business spanning petrochemicals, refineries and oil and gas production....
...Absolutely,” said Mohamed Ali, vice-president and general manager of engineering at GE Aviation....
...GE on Tuesday announced $230mn in charges relating to its businesses in Russia and Ukraine....
...There is a “halo effect” for the conglomerate that others such as GE lost long ago. Shareholders, regulators and the majority of the media give Buffett the benefit of the doubt and forgive screw-ups....
...Within months, Veritas and Evergreen Coast Capital announced their plan to buy Athenahealth for $5.7bn and merge it with the former GE business, which had been renamed Virence Health....
...Its current private equity owners, Veritas Capital and Evergreen Coast Capital, are selling after they took the company private for $5.7bn in 2019, merged it with assets from GE Healthcare, cut costs and...
...Proof, if it were needed, is in the $7.2bn of investment-banking fees shelled out by GE over the past two decades....
...Apple is battling with the same problem that has shaken global industries from petrochemicals suppliers to consumer brands....
...The GE book that Fred just mentioned, William Cohan’s Power Failure, is another large book that was on the long list of the prize this year....
...The company meanwhile spent $69bn buying 70 per cent of Sabic, the kingdom’s petrochemical business. It plans to shell out a further $170bn in capital spending. Investors have qualms....
...John Slattery, chief executive of GE Aviation, on Monday stressed the initiative was still in its demonstration phase, but said CFM would nevertheless be ready to compete for whatever new plane Boeing might...
International Edition