Tag Archives: GE Capital

GE to sell most of GE Capital business

In what the company says is a move to simplify its operations, GE announced Friday that it would be selling the bulk of its GE Capital business. “This is a major step in our strategy to focus GE around its competitive advantages,” GE Chairman and CEO Jeff Immelt said in announcing the sale.  “GE today is a premier industrial and ...

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GE Survey: Optimism reigns in marine industry

Nearly 80 percent of the marine industry expects to see their sales grow by 5 to 10 percent, according to a new survey released Wednesday by GE Capital, Commercial Distribution Finance. That's up from 54 percent who felt the same in 2014 and 43 percent in 2013. The survey was conducted earlier this month at GE's Industry Leadership Conference, held ...

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