RCA

AdAlta secures licensing deal for the i-body platform with global medical technology and diagnostics firm, GE Healthcare

Retrieved on: 
Monday, September 16, 2019
Companies, Economy of the United States, Industries, Fairfield, Connecticut, General Electric, RCA, Schenectady, New York, Thomas Edison, GE Healthcare

AdAlta secures commercial agreement for its i-body platform with global medical technology and diagnostics firm, GE Healthcare.

Key Points: 
  • AdAlta secures commercial agreement for its i-body platform with global medical technology and diagnostics firm, GE Healthcare.
  • MELBOURNE, Australia, Sept. 16, 2019 /PRNewswire/ -- AdAlta Limited (ASX:1AD), today announced it has signed a commercial agreement for its i-body platformwith global medical technology firm, GE Healthcare.
  • "We are thrilled to have secured this licensing deal with one of the world's largest healthcare companies.
  • AdAlta has a proprietary technology platform to generate i-bodies, a new class of protein therapeutics, with applications as therapeutic drugs to treat disease.

AdAlta secures licensing deal for the i-body platform with global medical technology and diagnostics firm, GE Healthcare

Retrieved on: 
Monday, September 16, 2019
Companies, Economy of the United States, Industries, Fairfield, Connecticut, General Electric, RCA, Schenectady, New York, Thomas Edison, GE Healthcare

AdAlta secures commercial agreement for its i-body platform with global medical technology and diagnostics firm, GE Healthcare.

Key Points: 
  • AdAlta secures commercial agreement for its i-body platform with global medical technology and diagnostics firm, GE Healthcare.
  • MELBOURNE, Australia, Sept. 16, 2019 /PRNewswire/ -- AdAlta Limited (ASX:1AD), today announced it has signed a commercial agreement for its i-body platformwith global medical technology firm, GE Healthcare.
  • "We are thrilled to have secured this licensing deal with one of the world's largest healthcare companies.
  • AdAlta has a proprietary technology platform to generate i-bodies, a new class of protein therapeutics, with applications as therapeutic drugs to treat disease.

GE Announces Debt Tender Offers

Retrieved on: 
Thursday, September 12, 2019
Banking, Professional services, Finance, Companies, Corporate finance, Fairfield, Connecticut, General Electric, RCA, Schenectady, New York, Thomas Edison, Economy of the United States, Tender offer, Economy, The Tender, Mini-tender offer

The purpose of the Tender Offers is to purchase certain outstanding debt issued by GE and to reduce our leverage consistent with our previously announced plans.

Key Points: 
  • The purpose of the Tender Offers is to purchase certain outstanding debt issued by GE and to reduce our leverage consistent with our previously announced plans.
  • Securities that are accepted in the Tender Offers will be purchased, retired and cancelled by GE and will no longer remain outstanding obligations of GE.
  • Each of the Tender Offers will expire at 11:59 p.m., New York City time, on October 9, 2019, unless extended by GE in respect of one or both of the Tender Offers or if one or both of the Tender Offers is earlier terminated by GE in its sole and absolute discretion (such date and time, as the same may be extended with respect to one or both Tender Offers, the Expiration Date).
  • Securities tendered may be withdrawn at any time prior to 5:00 p.m., New York City time, on September 25, 2019, unless extended by GE in respect of one or both of the Tender Offers in its sole and absolute discretion (such date and time, as the same may be extended with respect to one or both Tender Offers, the applicable Withdrawal Date), but not thereafter.

GE Announces $2.7 Billion in Net Proceeds From Reduction of its Ownership in Baker Hughes, a GE company, to Approximately 38.4%

Retrieved on: 
Thursday, September 12, 2019
Manufacturing, Technology, Engineering, Software, Companies, Fairfield, Connecticut, General Electric, RCA, Schenectady, New York, Thomas Edison, Economy of the United States

Combined net proceeds of the offering and the repurchase will be approximately $2.7 billion, or approximately $3.0 billion assuming full exercise of the underwriters option to purchase additional shares in the offering.

Key Points: 
  • Combined net proceeds of the offering and the repurchase will be approximately $2.7 billion, or approximately $3.0 billion assuming full exercise of the underwriters option to purchase additional shares in the offering.
  • GE Chairman and CEO H. Lawrence Culp, Jr., said, Reducing GEs ownership in BHGE continues our efforts to improve our financial position by generating approximately $2.7 billion in net proceeds to GE.
  • Upon completion of the transactions, GE and its affiliates will hold approximately 38.4% of BHGEs outstanding voting stock.
  • GE encourages investors to visit these websites from time to time, as information is updated and new information is posted.

Baker Hughes, a GE company Announces Secondary Offering of 105 Million Shares of Class A Common Stock and Share Repurchase

Retrieved on: 
Tuesday, September 10, 2019
Oil, Gas, Energy, Financial markets, Finance, Companies, Stock market, Corporate finance, Equity securities, General Electric, RCA, Thomas Edison, Baker Hughes, GE Oil and Gas, Stock

Baker Hughes, a GE company (NYSE: BHGE or the Company) announced today that General Electric Company (GE) and GE Oil & Gas US Holdings I, Inc., GE Holdings (US), Inc. and GE Oil & Gas US Holdings IV, Inc. (collectively, together with GE, the selling stockholders) has commenced a secondary offering (the offering) of 105 million shares of BHGE Class A common stock, par value $0.0001 per share (the Class A common stock).

Key Points: 
  • Baker Hughes, a GE company (NYSE: BHGE or the Company) announced today that General Electric Company (GE) and GE Oil & Gas US Holdings I, Inc., GE Holdings (US), Inc. and GE Oil & Gas US Holdings IV, Inc. (collectively, together with GE, the selling stockholders) has commenced a secondary offering (the offering) of 105 million shares of BHGE Class A common stock, par value $0.0001 per share (the Class A common stock).
  • The underwriters will have a 30-day option to purchase up to an additional 15.75 million shares of Class A common stock from the selling stockholders.
  • BHGE is not offering any shares of Class A common stock in the offering and will not receive any proceeds from the sale of shares in the offering.
  • The Company intends to fund the share repurchase with cash on hand and other available sources of liquidity.

GE Power and Xona Systems to Enhance Remote Operations for Energy and Industrial Operators Worldwide

Retrieved on: 
Monday, September 9, 2019
Companies, Fairfield, Connecticut, General Electric, RCA, Schenectady, New York, Thomas Edison, GE Power

ANNAPOLIS, Md., Sept. 9, 2019 /PRNewswire-PRWeb/ -- Xona Systems, Inc. , developer of a zero-trust user access platform for remote industrial operations, announced today that it has been selected by the Remote Operations division of GE Power Digital to provide comprehensive real-time user access visibility to energy and other critical infrastructure customers across the globe.

Key Points: 
  • ANNAPOLIS, Md., Sept. 9, 2019 /PRNewswire-PRWeb/ -- Xona Systems, Inc. , developer of a zero-trust user access platform for remote industrial operations, announced today that it has been selected by the Remote Operations division of GE Power Digital to provide comprehensive real-time user access visibility to energy and other critical infrastructure customers across the globe.
  • GE will utilize Xona's advanced access solution to reduce cyber risks and increase operational efficiency for remote ICS operators globally.
  • GE Power is a world energy leader providing equipment, solutions and services across the energy value chain from generation to consumption.
  • Xona is the leader in zero-trust user access solutions for Industrial Control Systems (ICS).

GE Board of Directors Authorizes Regular Quarterly Dividend

Retrieved on: 
Friday, September 6, 2019
Companies, Economy of the United States, Fairfield, Connecticut, General Electric, RCA, Schenectady, New York, Thomas Edison, Dividend, New York Stock Exchange, Industries

FAIRFIELD,Conn., Sept. 06, 2019 (GLOBE NEWSWIRE) -- The Board of Directors of GE (NYSE: GE) today declared a $0.01 per share dividend on the outstanding common stock of the Company.

Key Points: 
  • FAIRFIELD,Conn., Sept. 06, 2019 (GLOBE NEWSWIRE) -- The Board of Directors of GE (NYSE: GE) today declared a $0.01 per share dividend on the outstanding common stock of the Company.
  • The dividend is payable October 25, 2019 to shareowners of record at the close of business on September 16, 2019.
  • By combining world-class engineering with software and analytics, GE helps the world work more efficiently, reliably, and safely.
  • GE encourages investors to visit these websites from time to time, as information is updated and new information is posted.

GE Board of Directors Authorizes Regular Quarterly Dividend

Retrieved on: 
Friday, September 6, 2019
Manufacturing, Technology, Engineering, Software, Financial markets, Finance, Corporate finance, Equity securities, Fairfield, Connecticut, General Electric, RCA, Schenectady, New York, Thomas Edison, Dividend, Common stock, Share

The Board of Directors of GE (NYSE: GE) today declared a $0.01 per share dividend on the outstanding common stock of the Company.

Key Points: 
  • The Board of Directors of GE (NYSE: GE) today declared a $0.01 per share dividend on the outstanding common stock of the Company.
  • The dividend is payable October 25, 2019 to shareowners of record at the close of business on September 16, 2019.
  • By combining world-class engineering with software and analytics, GE helps the world work more efficiently, reliably, and safely.
  • GE encourages investors to visit these websites from time to time, as information is updated and new information is posted.

Water Industry Veteran Heiner Markhoff Joins Board of Global Microbial Solutions Leader LuminUltra

Retrieved on: 
Thursday, September 5, 2019
Companies, Industries, Fairfield, Connecticut, General Electric, RCA, Schenectady, New York, Thomas Edison, Suez

FREDERICTON, New Brunswick, Sept. 5, 2019 /PRNewswire/ -- Veteran water treatment and waste management industry CEO Heiner Markhoff is now contributing his vast knowledge and experience to global microbial monitoring and solutions leader LuminUltra Technologies Ltd. as a newly-appointed member of the company's Board of Directors.

Key Points: 
  • FREDERICTON, New Brunswick, Sept. 5, 2019 /PRNewswire/ -- Veteran water treatment and waste management industry CEO Heiner Markhoff is now contributing his vast knowledge and experience to global microbial monitoring and solutions leader LuminUltra Technologies Ltd. as a newly-appointed member of the company's Board of Directors.
  • Most recently, Markhoff served as CEO of SUEZ Water Technologies & Solutions, a $3B provider of advanced methods of addressing water availability, formed through the combination of SUEZ Industrial Solutions and GE Water & Process Technologies in 2017.
  • In addition to Markhoff and Whalen, the LuminUltra board includes Khalil Maalouf of XPV Water Partners and Chris McIntire of KPM Analytics.
  • LuminUltra is a global leader in microbial monitoring solutions that deliver real-time feedback on microbiological content.

JAL selects GE Aviation for Digital Records System, Maintenance & Engineering Integration

Retrieved on: 
Tuesday, September 3, 2019
Data management, Technology, Air, Transport, Software, Companies, Aircraft instruments, Technology, Fairfield, Connecticut, General Electric, RCA, Schenectady, New York, Thomas Edison, Economy of the United States, GE Aviation, Avionics, Aircraft maintenance

Japan Airlines selects GE Aviation for Digital Records Management across its fleet of more than 200 airplanes.

Key Points: 
  • Japan Airlines selects GE Aviation for Digital Records Management across its fleet of more than 200 airplanes.
  • The implementation is currently underway and adds to the 700 million aircraft maintenance records being maintained on GEs digital records management system, AirVault.
  • The agreement includes maintenance and engineering integration of the system at the JAL facilities around the world.
  • GE Aviation, an operating unit of GE (NYSE: GE), is a world-leading provider of commercial and military jet engines, and avionics, digital solutions and electrical power systems for aircraft.