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October 7, 2008 8:49:01 AM CDT

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Stories related to: Jeffrey Immelt

Stories

4 Stories

  • May 2008

    • O'Reilly Blasts at GE Coming From Upstairs

      Washington Post  |  May 19, 08 11:12 AM CDT

      O'Reilly Blasts at GE Coming From Upstairs

      (Newser) - Bill O’Reilly’s campaign against General Electric—the Fox News host has called CEO Jeffrey Immelt a “despicable human being” for doing business with Iran—is part of a feud with NBC that extends far up corporate ladders, the Washington Post reports. Fox News Chairman Roger Ailes apparently loosed O’Reilly on GE in retaliation for attacks by host Keith Olbermann on GE subsidiary MSNBC. More »

      Tags

      NBC  • Fox News  • MSNBC  • General Electric  • Bill O'Reilly  • Keith Olbermann  • Roger Ailes  • Jeffrey Immelt

    • GE to Sell Appliances Unit

      Wall Street Journal  |  May 14, 08 6:17 PM CDT

      GE to Sell Appliances Unit

      (Newser) - General Electric plans to get out of the appliance business after more than 100 years, the Wall Street Journal reports. The company has asked Goldman Sachs to help auction its so-called "white goods" unit—washers, dryers, refrigerators, ranges, etc.—for up to $8 billion. The move follows weak first-quarter earnings and fits into CEO Jeffrey Immelt's plan to focus more on the company's technology holdings.  More »

      Tags

      General Electric  • Jeffrey Immelt

  • April 2008

    • GE CEO Parries Critics —Including Predecessor

      Wall Street Journal  |  Apr 17, 08 1:23 PM CDT

      GE CEO Parries Critics —Including Predecessor

      (Newser) - General Electric CEO Jeffrey Immelt faced the music yesterday, as his predecessor, Jack Welch, raked him over the coals on his own cable TV network for missing first-quarter earnings forecasts. Immelt admitted GE “let people down” in downgrading its outlook for 2008, the Wall Street Journal reports. But he said he won’t change the direction he’s set for the company, or cave to demand he split it up. More »

      Tags

      earnings reports  • corporate earnings  • credit market chaos  • General Electric  • Jeffrey Immelt

  • January 2008

    • GE Q4 Profit Climbs 15%; Stock Rebounds

      Bloomberg  |  Jan 18, 08 1:41 PM CST

      GE Q4 Profit Climbs 15%; Stock Rebounds

      (Newser) - GE profits rose 15% in the fourth quarter as overseas demand for jet engines and power turbines more than offset the weakness in the US economy, the company reported today. “They've really been a beneficiary of the whole global growth story,” an analyst told Bloomberg. GE stock was up 3.4% at midday; earlier, it rose 5.3%, its biggest gain in almost 5 years, erasing yesterday's 3.9% drop. More »

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