GE Archives - CFO

Toshiba Goes GE With Three-Way Split

Toshiba Goes GE With Three-Way Split

The separation of the Japanese conglomerate into three businesses "will unlock immense value by removing complexity."

By Matthew Heller | November 12, 2021

GE to Split Into Three Public Companies

GE to Split Into Three Public Companies

The breakup would mark the end of an industrial behemoth that was once the world’s largest company by market size.

By Matthew Heller | November 9, 2021

GE Buys BK Medical in $1.4B Ultrasound Bet

GE Buys BK Medical in $1.4B Ultrasound Bet

The acquisition will enable GE Healthcare to expand its ultrasound business "beyond diagnostics into surgical and therapeutic interventions."

By Matthew Heller | September 23, 2021

GE Shareholders Reject Pay Plan for CEO Culp

GE Shareholders Reject Pay Plan for CEO Culp

“We need GE to invest in America, not just one top executive. We are glad that shareholders are starting to see it the same way.”

By Matthew Heller | May 5, 2021

GE’s Long Turnaround Attempt: Timeline

GE’s Long Turnaround Attempt: Timeline

Four rough years in the corporate icon’s history.

By Lauren Muskett | April 21, 2021

GE Fined $200 Million for Accounting Irregularities

Risk & Compliance

GE Fined $200 Million for Accounting Irregularities

The company "materially misled investors about how it was generating reported earnings and cash growth as well as latent risks in its insurance business."

By Matthew Heller | December 10, 2020

Ford Partners With 3M and GE to Make Respirators and Ventilators

Risk & Compliance

Ford Partners With 3M and GE to Make Respirators and Ventilators

The urgently needed medical equipment and supplies are needed to fight the coronavirus pandemic.

By Lauren Muskett | March 24, 2020

GE Taps Maersk CFO to Head Finance

GE Taps Maersk CFO to Head Finance

Carolina Dybeck Happe leaves Maersk after less than a year to take the most prestigious job in corporate finance.

By Vincent Ryan | November 25, 2019

GE Freezes Pensions to Reduce Deficit, Debt

GE Freezes Pensions to Reduce Deficit, Debt

“Returning GE to a position of strength has required us to make several difficult decisions, and today’s decision to freeze the pension is no exception."

By Matthew Heller | October 7, 2019

GE Shares Rise on Hopes for Rebound in 2020

GE Shares Rise on Hopes for Rebound in 2020

The company expects its turnaround strategy to yield "significantly better" performance after a "reset" year in 2019.

By Matthew Heller | March 14, 2019

GE’s Big Goodwill Impairment Draws Scrutiny

Risk & Compliance

GE’s Big Goodwill Impairment Draws Scrutiny

The struggling conglomerate took the biggest impairment charge in almost a decade, causing the SEC to widen its investigation of GE's accounting practices.

By David McCann | December 6, 2018

Starwood to Buy GE Energy Finance Business

Starwood to Buy GE Energy Finance Business

The $2.6 billion deal, which diversifies Starwood away from commercial mortgages, includes 51 senior loans secured by energy infrastructure assets.

By William Sprouse | August 8, 2018

GE Profits Plummet, But Hopeful Signs Appear

Accounting & Tax

GE Profits Plummet, But Hopeful Signs Appear

GE's second-quarter profits sank 30% from last year, but revenue was up, beating analyst expectations.

By William Sprouse | July 20, 2018

Investor Explains Doubts about GE

Investor Relations

Investor Explains Doubts about GE

A buy-low strategy would favor going all-in on General Electric, but Amazon may be a better bet, despite its ambivalence on earnings.

By Vitaliy Katsenelson | May 1, 2018

RPA Is Maturing but Still ‘Scratching the Surface’

RPA Is Maturing but Still ‘Scratching the Surface’

More companies are looking into robotic process automation as the technology gets more sophisticated, says an ex-GE finance executive turned RPA evangelist.

By David McCann | February 27, 2018