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Business Week (Free subscription) | yesterday
After almost two decades of explosive growth at GE Capital, some analysts believe the company's glory days are now firmly behind it. If the business enters an era of lower profitability, that could create problems for its parent, which has relied heavily on the financial arm to support its sacrosanct dividend. GE is aiming to shrink its $700 billion portfolio of financial assets and secure more...
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AutoblogGreen (Free subscription) | 03/12/2008
... on hybrids in order to reduce operating costs. Many of those commercial fleets are leased through GE Capital Solutions Fleet Services. Over the last three years, GE Capital has devised a process to get the government rebates and then in turn give that money back to customers. Since the program started the company has processed over $5.7 million in rebates for customers. One interesting...
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TODAY ON ROADST3R - Car STORIES (Free subscription) | 03/12/2008
Over the last several years, over 100,000 car buyers have received money back from the federal government after buying hybrid vehicles. However, individual owners are far from the only ones that have switched to hybrid drive vehicles. Many business fleets have taken on hybrids in order to reduce operating...
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Tech Lime (Free subscription) | yesterday
Over the last several years, over 100,000 car buyers have received money back from the federal government after buying hybrid vehicles. However, individual owners are far from the only ones that have switched to hybrid drive vehicles. Many business fleets have taken on hybrids in order to reduce operating costs. Many of those commercial fleets are leased through GE Capital Solutions Fleet Services....
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euronews24 (Free subscription) | 03/12/2008
In a year that saw some of the world's biggest banks buckle under the strain of a deepening credit crisis, few investors would blame General Electric for shrinking its own finance arm. Indeed, GE's shares surged by 14 per cent on Tuesday after execu
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Financial Time (Free subscription) | 03/12/2008
GE's shares surged after it revealed details of a plan to wean the company off its dependency on financial services for profit, while assuring its GE Capital division can prosper
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DealBook (Free subscription) | 02/12/2008
The financial arm of General Electric, GE Capital, is going to get a lot leaner as the credit crunch rolls on. That was the theme of Tuesday morning’s conference call, in which GE Capital executives outlined their plan to get the unit — a financial giant involved in aircraft leasing, commercial real estate lending and [...]
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Market Watch (Free subscription) | 02/12/2008
... to the low end of its previously announced range for fourth-quarter earnings and pledged to shrink GE Capital, reducing its debt leverage and widening its sources of funding. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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Forbes (Free subscription) | 03/12/2008
Investors cheer restructuring of financial unit.
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Business Wire (Free subscription) | 02/12/2008
FAIRFIELD, Conn.--(BUSINESS WIRE)--GE is today providing investors with a detailed update on GE Capital’s strategic framework and outlook in a webcast starting at 8:30 am EST. The Company will share plans on how
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Fleet Owner RSS Feed (Free subscription) | 01/12/2008
GE Capital Solutions Fleet Services has processed over $5.7 million in rebates for its customers who lease hybrid or alternative fuel motor vehicles through its rebate program
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Business Wire (Free subscription) | 01/12/2008
EDEN PRAIRIE, Minn.--(BUSINESS WIRE)--GE Capital Solutions Fleet Services has processed more than $5.7 million in rebates for its customers that lease hybrid or alternative fuel motor vehicles since implementing a
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Business Wire (Free subscription) | 01/12/2008
FAIRFIELD, Conn.--(BUSINESS WIRE)--GE (NYSE: GE) will Webcast its GE Capital business update meeting tomorrow, Tuesday, December 2, 2008, at 8:30 a.m. ET. GE Vice Chairman and Chief Financial Officer Keith Sherin and