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CFOs Vow to Boost Tech Influence in 2023
Greater vigilance in overseeing technology strategy shapes up as a key priority for the coming year.
By
David McCann
| February 6, 2023
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Jeff Immelt
Turnarounds
GE’s Long Turnaround Attempt: Timeline
Four rough years in the corporate icon’s history.
By
Lauren Muskett
| April 21, 2021
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Strategy
GE Scales Back Plans for New HQ in Boston
The downsizing from a 12-story tower to two renovated warehouses marks another retreat from the ambitions of former CEO Jeff Immelt.
By
Matthew Heller
| February 15, 2019
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Turnarounds
GE Ousts CEO Flannery as Slump Continues
The removal of John Flannery after a year on the job reflects "the board's frustration with the slow pace of change under his leadership.”
By
Matthew Heller
| October 1, 2018
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Strategy
Athenahealth CEO Resigns Amid Strategic Review
A possible buyer is hedge fund Elliott Management, which made a hostile takeover offer last month for the healthcare technology company.
By
Matthew Heller
| June 6, 2018
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Strategy
GE Broods on Cash-flow Woes
GE's new CEO tightens reins as cash-flow projection plummets to $7 billion.
By
David Katz
| October 23, 2017
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Strategy
GE Sells Industrial Solutions Unit for $2.6B
The sale of the underperforming business to Swiss firm ABB continues former CEO Jeff Immelt's strategy of fostering growth by streamlining GE's operations.
By
Matthew Heller
| September 25, 2017
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Financial Performance
GE Shares Sink 2.9% Despite Q2 Earnings Beat
Analysts said the underlying quality of earnings was mixed, "with the beat driven almost entirely by lower corporate expense and restructuring."
By
Matthew Heller
| July 21, 2017
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Financial Performance
GE Beats Estimates in ‘Strong Start’ to 2017
Industrial cash flow came in low, disappointing investors, but GE still expects to hit $12 billion to $14 billion for the year.
By
Matthew Heller
| April 23, 2017
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Strategy
General Electric to Raise $4B From Sales of Industrial Units
“We’ve made the company simpler. We’ve made the company deeper," CEO Jeff Immelt says.
By
Matthew Heller
| December 15, 2016
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Strategy
GE, Baker Hughes to Merge Oil, Gas Businesses
The companies believe the combined entity will be positioned to benefit from the expected recovery in oil prices.
By
Matthew Heller
| October 31, 2016
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Strategy
GE’s Core Revenue Climbs 6% to $25.8B
The company is facing challenges in its oil and gas business but renewable energy revenues grew 62%.
By
Katie Kuehner-Hebert
| April 22, 2016
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Strategy
Q4 Profit Falls in Most of GE’s Core Businesses
Falling oil prices drove down profits in most of the industrial businesses but GE reaffirmed its 2016 outlook.
By
Katie Kuehner-Hebert
| January 22, 2016
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M&A
GE Parlays GE Capital Asset Sale into $50 Billion Buyback
The exits of targeted GE Capital businesses should release about $35 billion in dividends that are expected to be allocated to the buyback.
By
David Katz
| April 10, 2015
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