Reports by Bloomberg of a potential sale of GE Transportation to Wabtec Corp. surfaced late Friday April 20, resulting in Wabtec shares gaining 4.5%. The potential transaction size is $6.8 billion, ...
(Reuters) - General Electric Co (GE.N) announced a $11.1 billion (£8.2 billion) deal on Monday to merge its transportation business with U.S. rail equipment manufacturer Wabtec Corp (WAB.N), with GE ...
CHICAGO--(BUSINESS WIRE)--GE Transportation, a unit of GE (NYSE:GE), announces that its Trip Optimizer Energy Management system has recently achieved 100,000,000 miles in revenue service, which has ...
GE Transportation, Locorail, and Yakutia Railways in Russia announced Friday a Memorandum of Understanding "to explore the possibility of forming a strategic relationship to modernize diesel electric ...
SAN FRANCISCO--(BUSINESS WIRE)--(NYSE:GE) Today GE Transportation introduced EdgeLINC™ Software, a comprehensive solution for IIoT edge-to-cloud connectivity with efficient device management, ...
GE Transportation’s new locomotive plant is going into space developed by IDI. The Erie, Penn.-based maker of rail and transportation products announced today that it will open the new plant to meet ...
Philly Shipyard held a steel cutting ceremony for the new National Security Multi-Mission Vessel (NSMV), the first of five planned purpose-built, state-of-the-art training vessel for America’s state ...
CHICAGO (AP) -- General Electric Co.'s transportation unit is moving its global headquarters from Erie, Pa., to Chicago. Chicago Mayor Rahm Emanuel announced the move Wednesday. GE Transportation CEO ...
(Reuters) - General Electric Co (GE.N) announced a $11.1 billion deal on Monday to merge its transportation business with U.S. rail equipment manufacturer Wabtec Corp (WAB.N), with GE and its ...