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GE in talks to merge aircraft leasing unit with AerCap CNN 3/9/2021 By Chris Isidore, CNN Business © Zhang Daozheng/VCG/Getty Images An Airbus A320neo aircraft is seen during a delivery ceremony of GECAS' first A320neo aircraft assembled in Airbus Tianjin to Colorful Guizhou Airlines on December 29, 2020 in Tianjin, China. (Photo by Zhang Daozheng/VCG via Getty Images) General Electric is in talks to combine its massive aircraft leasing unit with rival AerCap Holdings. Popular Searches The talks, first reported late Sunday in the Wall Street Journal, were confirmed Tuesda...

GE soars as cash outlook shows turnaround regaining traction Ryan Beene and Brendan Case, Bloomberg News Gordon Reid discusses General Electric VIDEO SIGN OUT General Electric Co. signaled renewed progress for Chief Executive Officer Larry Culp’s turnaround effort with a cash-flow outlook that surpassed Wall Street’s expectations. Industrial free cash flow will be US$2.5 billion to US$4.5 billion this year, GE said in an earnings statement Tuesday. The midpoint of the range handily exceeded the US$2.57 billion average of analyst estimates for the closely watched metric. GE a...

GE’s Improving Cash Outlook Signals New Traction for Turnaround Bloomberg 1/26/2021 Ryan Beene (Bloomberg) -- General Electric Co. signaled renewed progress for Chief Executive Officer Larry Culp’s turnaround effort with a cash-flow outlook that surpassed Wall Street’s expectations. Industrial free cash flow will be $2.5 billion to $4.5 billion this year, GE said in an earnings statement Tuesday. The midpoint of the range handily exceeded the $2.57 billion average of analyst estimates for the closely watched metric. GE also resumed providing an earnings forecast -- a s...

Thank you for holding, and welcome to Rockwell Automation's Quarterly Conference Call. [Operator Instructions] At this time, I would like to turn the call over to Jessica Kourakos, Head of Investor Relations. Miss Kourakos, please go ahead. Jessica Kourakos -- Head of Investor Relations Good morning, and thank you for joining us for Rockwell Automation's first quarter fiscal 2021 earnings release conference call. With me today is Blake Moret, our Chairman and CEO and Steve Etzel, our CFO. Our results were released earlier this morning and the press release and charts have been posted to our ...

General Electric Company (NYSE: GE) is having a rare green day Tuesday, gaining more than 12 percent after the company announced a new strategic plan for its stake in Baker Hughes a GE Co (NYSE: BHGE). Unfortunately for GE investors, experts are saying GE’s situation may be worse than... Read More... Don't Miss Any Updates! News Directly in Your Inbox Subscribe to: