Fitch Lowers General Electric Credit Ratings
The rating agency says GE's return to higher margins and stronger free cash flow is going more slowly than it previously anticipated.
GE Makes First Dividend Cut Since Depression
The slashing of the dividend by 50% continues CEO John Flannery's push to confront the challenges facing GE.
GE Broods on Cash-flow Woes
GE's new CEO tightens reins as cash-flow projection plummets to $7 billion.
GE Chief Exec Calls Q3 Results ‘Unacceptable’
John Flannery says there are no "sacred cows" at GE as he promises "sweeping change" to improve performance.
CFO Bornstein Leaving After 28 Years at GE
The GE veteran says he and new CEO John Flannery concluded that "this is the right time to bring in a new CFO with a fresh perspective."
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.