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Electrolux to buy GE Appliances in $3.3B deal

...sold NBC Universal and its insurance operations and it is gradually shrinking its sprawling financial company, called GE Capital.In June GE agreed to buy the energy and power generation operations of the French engineering company Alstom for $17...

http://chronicle.augusta.com/news/business/2014-09-08/electrolux-buy-ge-applianc
Business News

...increased 52 percent as the company made more money in both its lending and industrial businesses.The lending arm, GE Capital, drove the company's results as it dealt with fewer loan defaults. Risky loans hammered GE during the financial crisis...

http://chronicle.augusta.com/news/business/2011-01-21/business-news
Business
Jet makers rack up orders

...777-300ER by flying 400 nautical miles farther while burning 25 percent less fuel.Airbus' first big order Monday was from GE Capital Aviation Services, for 60 A320neo jets..Boeing hasn't yet chosen how it will respond, but top marketing executive...

http://chronicle.augusta.com/news/business/2011-06-20/jet-makers-rack-orders
Comcast's NBC talks cap its decades-long rise in industry

...as CNBC, Bravo and USA. Comcast saw its opportunity after the financial meltdown devastated GE's financing unit, GE Capital, forcing the company to try to raise cash. Comcast has made no secret of its desire to own more programming content...

http://chronicle.augusta.com/stories/2009/11/22/bus_556612.shtml
Business
Biz bits

...results. GE's quarterly profit fell to $2.4 billion, or 23 cents per share, hurt by sharply lower earnings at its GE Capital arm, which loans money for businesses ranging from credit cards to shopping centers. A year earlier, the company earned...

http://chronicle.augusta.com/stories/2009/10/17/bus_552212.shtml
Business
Biz briefs

...everything from light bulbs to jet engines, but last year it generated nearly half its $18 billion in earnings from GE Capital, its finance arm. Fears that the business, which finances credit cards, airplanes, factories and overseas mortgages...

http://chronicle.augusta.com/stories/2009/03/20/bus_515248.shtml
Business
Biz bits

...California. He faces up to 415 years in prison . In other news General Electric Co. shares fell for the fifth session in a row Thursday, even after its chief financial officer said its troubled GE Capital unit will earn a profit this year.

http://chronicle.augusta.com/stories/2009/03/06/bus_513748.shtml
Business
Biz briefs

...flexibility." GE is trying to protect its top "AAA" credit rating despite growing doubts over the stability of its GE Capital lending unit. Shares of the Fairfield, Conn.-based company fell 59 cents, or 6.5 percent, to close at $8...

http://chronicle.augusta.com/stories/2009/02/28/bus_513015.shtml
Business
Concerns raised about Atlanta school investigation

...2002 to 2006.Another member is John Rice, vice chairman of General Electric Co. That company's finance subsidiary GE Capital, received $1.9 million in computer lease payments between 2002 and 2005. Rice lives in Atlanta and is one of the...

http://chronicle.augusta.com/news/education/2010-07-11/concerns-raised-about-atl
Education | News | Education
Fed boss makes case to keep banking duties

...the economy.Such firms could include insurance giant American International Group Inc. or General Electric Co.'s GE Capital business.Bernanke said the Fed worries about losing oversight of small banks and essentially becoming the "too big...

http://chronicle.augusta.com/news/business/2010-03-18/fed-boss-makes-case-keep-b
Business