GE Capital

General Electric unit GE Capital announced Tuesday that it had acquired the retail finance portfolios from Citigroup's Retail Partner Cards. Financial terms of the deal were not disclosed, but GE Capital expects it will immediately add to earnings.

Hewlett-Packard will probably have a new CEO in under a week. The candidate will likely come from inside the company, which would almost certainly allow the board of directors to speed through the process.

General Electric Co. (GE) has managed to outflank its many detractors; meanwhile, its investors -- who bet against the prevailing Wall Street sentiment -- won big. Shares of the Fairfield, Connecticut-based conglomerate have surged more than 66 percent over the past six months, outperforming both...

Earlier today, General Electric (GE) gave an update regarding the health of its GE Capital unit. This move, designed to allay investor concerns that have been brewing since the company reported its second quarter results, followed a similar meeting in March that gave the stock a much-needed boost....

General Electric (GE) posted a net profit that's down 35 percent from last year, but beat Wall Street expectations. Wall Street expected a 21 cents per share profit and GE posted a profit of 26 cents per share. Revenue for GE fell 9 percent to $38.4 billion. Analysts forecast revenue to hit $39.8...

General Electric Company (GE) took a calculated risk Thursday when it invested six hours in discussing the performance and prospects of its finance unit, GE Capital. As I posted, the move was risky and with its stock down 1.8 percent Thursday and seven percent more today, it's not obvious that the...

General Electric Company (GE) has taken quite the tumble under current CEO Jeffrey Immelt -- down 74% from the $41 it traded at when he took over in September 2001. But if you had backed up the truck and bought the shares at its 52-week low of $6.66 on March 4, you would be sitting on a 52% gain....

Merck (MRK) said on Monday that it would acquire Schering-Plough (SGP) for $41.1 billion. Schering-Plough shareholders will receive $23.61 a share, representing a premium of about 34 percent over Schering's Friday's close. The benefits: a bigger pipeline, joint R&D, strategic alliances, and of...