Friday, 25 July 2014
Last updated 6 min ago
Feb 27 2009 | 8:38am ET
GE has invested $150 million in 16 different cleantech startups through it Ecomagination division in the past two-and-a-half years and is looking for more, said the vice president of the division, Steve Fludder.
“We’re as hungry as we’ve always been,” he told participants at the Cleantech Forum in San Francisco this week.
Although the company’s stock has suffered for the performance of GE capital, its investment in energy infrastructure and technology has performed well. According to 24/7 Wall St., revenue from GE’s energy infrastructure business rose from $19.8 billion in 2004 to $38.5 billion in 2008. Revenue from its technology infrastructure business grew from $30 billion to $46.3 billion over the same period, and profits from both segments have shown similar growth.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…