UBS Reiterates Buy on General Electric (GE) Following 2Q EPS Beat

GE chooses Microsoft Office 365 for employee collaboration and productivity

July 20, 2015 9:01 AM EDT

REDMOND, Wash., July 20, 2015 /PRNewswire/ -- Microsoft Corp. and General Electric (NYSE: GE) have signed an agreement to deliver Microsoft's cloud productivity suite Office 365 to GE's more than 300,000 employees across 170 countries worldwide.

"As we deepen our investments in employee productivity, Microsoft's innovative approach to collaboration made Office 365 our first choice for providing scalable productivity tools to our employees worldwide," said Jamie Miller, senior vice president and CIO of GE.... More

Frost & Sullivan Awards GE Healthcare with Top Spot in the Cardiology Informatics Market

July 20, 2015 8:30 AM EDT

MOUNTAIN VIEW, Calif., July 20, 2015 /PRNewswire/ -- Cardiology informatics constitutes a complex and historically siloed environment. Yet, a new generation of solutions is going beyond just supporting individual service lines, and now more efficiently integrates and manages the diverse care area workflows of the cardiology enterprise.

Frost & Sullivan recently conducted an analysis of the cardiovascular image and information management systems (CIIMS) market, and recognizes GE Healthcare with the 2015... More

Mobile Technology Use Among Shoppers Rises as Retail Habits Change, Synchrony Financial Study Finds

July 20, 2015 8:00 AM EDT

Retailers can differentiate themselves with integrated mobile strategies

STAMFORD, Conn.--(BUSINESS WIRE)-- Synchrony Financial (NYSE:SYF), a premier consumer financial services company with 80 years of retail heritage, today released findings from its 2015 Digital Study that further confirm the importance of a comprehensive mobile strategy for retailers to effectively engage shoppers and enhance the customer experience.

This Smart News Release... More

General Electric Company Files Form 8-K

July 17, 2015 10:45 AM EDT

FAIRFIELD, CT -- (Marketwired) -- 07/17/15 -- On July 17, 2015, General Electric Company (the "Company") (LSE: GEC) (EURONEXT PARIS: GNE) filed a Form 8-K with the U.S. Securities and Exchange Commission ("SEC"). The Form 8-K has been... More

Synchrony Financial Reports Second Quarter Net Earnings of $541 Million or $0.65 Per Diluted Share

July 17, 2015 9:00 AM EDT

STAMFORD, Conn.--(BUSINESS WIRE)-- Synchrony Financial (NYSE: SYF) today announced second quarter 2015 net earnings of $541 million, or $0.65 per diluted share. Highlights for the quarter included:

Total platform revenue increased 9% from the second quarter of 2014 to $2.7 billion Loan receivables grew $7 billion, or 12%, from the second quarter of 2014 to $61 billion Purchase volume increased 11% from the second quarter of 2014 Announced new partnersMattress Firm, Newegg, and Stash Hotel Rewards Extended Chevron, a top 20 partnership,... More

Korea’s GS Power Selection of 7HA Gas Turbine Marks 17th GE HA Order

July 16, 2015 12:00 PM EDT

GEs 7HA.02 gas turbine and clutched steam turbine for district heating in Korea GS Power marks 17th order of GEs HA technology worldwide First HA Commercial Shipment Enroute to Électricité de France Exelon Breaks Ground on First HA Powered U.S. Plants

SCHENECTADY, N.Y.--(BUSINESS WIRE)-- In the peak of summer, Koreas GS Power is preparing for winter. The company has selected GEs (NYSE:... More

GE Unveils High-Speed Network Infrastructure to Connect Machines, Data and People at Light Speed to the Industrial Internet

July 16, 2015 9:00 AM EDT

New fiber optic network lines transfer data at 100 gigabits per second, equivalent of downloading 6,000 high-definition movies simultaneously

GE software scientists and developers to spur high-speed connectivity and access to really big data Disruptive innovation demonstrates industry success in creating viable test beds through the Industrial Internet Consortium Working Groups Network infrastructure to support seamless machine-2-machine communication across connected control systems, big infrastructure products and manufacturing plants

NISKAYUNA, N.Y.--(BUSINESS WIRE)-- GE (NYSE:... More

GE Power & Water Wins Outage Services Work for DTE Energy’s Fermi 2 Nuclear Power Plant

July 16, 2015 9:00 AM EDT

GE Hitachi and GE Power Generation Services to Provide Full Scope of Outage Services to Plant

MONROE, Mich.--(BUSINESS WIRE)-- Michigan-based DTE Energy (NYSE: DTE) has awarded outage services work to GE Power & Water (NYSE: GE) through GE Hitachi Nuclear Energy (GEH) and GE Power Generation Services (PGS) for the utilitys Fermi 2 Nuclear Power Plant.

This Smart News Release features multimedia. View the full release here:... More

CareCredit Formalizes Financing Agreement with Connect Hearing

July 16, 2015 8:00 AM EDT

COSTA MESA, Calif.--(BUSINESS WIRE)-- CareCredit, a leading provider of patient financing, today announced it has signed a first-look patient financing agreement with Connect Hearing, allowing patients the opportunity to use the CareCredit... More