Apollo Global Emerges as Leading Bidder for Arconic
The sale to the private equity firm is one of new CEO Larry Culp’s first public moves to get GE back on track.
GE and AIP could announce a deal for the unit, which is known as Current, Powered by GE, as early as this week.
The grim outlook underscored a sobering message: GE’s problems won’t be easy to fix.
GE’s New-CEO Rally Fizzles With Shares Sinking Back to Nine-Year Low
Raytheon Boosts Forecasts as Sales Rise Across All Businesses
3M Cuts Profit Forecast Again as Health, Consumer Units Slump
United Technologies Raises Forecast as Aerospace Sales Climb
Boeing Tanker to Miss Delivery Date, Air Force Secretary Says
Air Force Secretary Prepares to Make Her Case for Expansion
The deal has been approved by both boards and will result in L3 holders getting 1.3 shares of Harris common stock.
GE Delays Earnings to Give New CEO Time to Assess Troubled Giant
IndiGo’s Airbus jet suffered engine failure, people say.
Apollo to Buy $1 Billion of Energy Investments From GE Capital
Former CEO John Flannery was ousted in a surprise decision just 14 months into his tenure.
Shareholders Beware: GE's New Boss Isn't Known for Fat Dividends
General Electric Co.’s credit rating is under review for a potential downgrade
One Day After John Flannery’s Ouster, GE’s Silence Is Deafening
GE Taps First Outside CEO to Speed Flannery’s ‘Glacial’ Revamp
GE Ousts Flannery After Slump, Names Lawrence Culp CEO
The iconic American corporation is now worth just under $100 billion, its stock at around $11 at Friday’s close.