general electric

Conglomerate General Electric lowered its fourth-quarter earnings guidance range Tuesday and provided details on restructuring plans.

Think for a minute about the third-party vendors who service your company - the folks who run the cafeteria, deliver office paper, clean the restrooms or provide security services, just to name a few.

When Warren Buffett went to bed at his Omaha home on the evening of Tuesday, Sept. 30, he asked his wife, Astrid, to wake him in the morning at 6:55 a.m.

He had an important call coming in. By 7:30 the call was over. Buffett walked into the kitchen, still wearing an old robe he likes, and announced to a breakfast visitor that he had agreed to send General Electric $3 billion of Berkshire Hathaway money in return for a new issue of preferred stock and warrants allowing Berkshire to buy an equal amount of common stock over the next five years.

General Electric says problems in the financial markets have prompted it to cut its earnings forecasts for the year.

For many years, investors took it on faith that a portfolio of big blue-chip stocks - chockfull of familiar names like General Electric and Coca-Cola - was the surest path to investing success.

General Electric seals a $8bn tie-up with an Abu Dhabi investment firm to provide finance in the Middle East.

General Electric says profits fell 6% in the second quarter as the US economy was "challenged".

General Electric Co. beat its own sales estimates and matched earnings projections for the second quarter Friday.

Alcoa and General Electric set the tone for a disappointing first-quarter earnings period back in April when both reported worse-than-expected results.

General Electric names four companies interested in buying its famous household appliances unit.