Keith Sherin

GE Agrees to Pay $40 Million to Settle U.S. Investor Suit

General Electric Co. agreed to pay $40 million to settle shareholder claims that the company misled them about the quality of its loan portfolio beginning in September 2008.

GE Buys Lufkin for $3.3 Billion as Immelt Adds to Energy

General Electric Co. is tapping proceeds from the sale of NBC to fund its $3.3 billion purchase of Lufkin Industries Inc. as Chief Executive Officer Jeffrey Immelt takes advantage of an oil-drilling boom.

GE Pushes Fracking Research With Lab in Bet on Shale Gas

General Electric Co. will spend $110 million on a research lab in Oklahoma City to study ways to improve extraction of hard-to-reach oil and gas deposits, including hydraulic fracturing and horizontal drilling.

GE Targets Ability to Send Extra Capital to Parent, Sherin Says

General Electric Co., hoping to resume collecting an annual dividend from its finance unit in 2012, sees the business generating “billions” more in free capital than needed for the payment, the finance chief said.

GE Bonus Gives Immelt Motive to Tap NBC Cash for Deals

General Electric Co.’s new incentive pay plan gives Chief Executive Officer Jeffrey Immelt motive to tap $16.7 billion from last month’s sale of the rest of NBC to fund industrial acquisitions.

GE Capital Prepared for Fed’s Funding Requirement, CFO Says

General Electric Co. said its finance units are well prepared for Federal Reserve oversight starting in July and are still discussing exact capital requirements with the regulator.

GE Profit Beats Estimates as Health Care, Finance Improve

General Electric Co. profit increased 14 percent in the second quarter as the finance unit stabilized and the health-care division improved. The shares fell as sales dropped and missed analysts’ estimates.

GE Falls as Energy Margins Temper Profit Gain Led by Finance

General Electric Co. dropped in New York trading as tighter profit margins in industrial businesses from energy to aviation overshadowed third-quarter growth led by a rebounding finance unit.

GE’s $16.7 Billion NBC Windfall Boosts M&A Flexibility

General Electric Co.’s $16.7 billion payday from the sale of its stake in NBC Universal gives Chief Executive Officer Jeffrey Immelt more room to make acquisitions as he focuses on industrial growth.

GE Investors Await Fed Review for Payment

General Electric Co. investors eager to find out when the finance unit will resume sharing some of its free cash with the parent company, one indicator of renewed health and safety, will have to wait until the Federal Reserve finishes an inaugural review.

GE Capital

New York

Jeffrey Immelt

U.S. Stocks Fall as Data Disappoints Amid Stimulus Bets

House Immigrant Plan Seen as Return to 1940s U.S. Program

NetApp Is Said to Be Pushed by Elliott to Change Board

AMD Rally Needs More Than Console Wins to Outrun PC Market: Tech

When Your $450,000 Aston Martin Has to Arrive Overnight