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GE to buy oil pump maker Lufkin for nearly $3 billion

General Electric Co is buying oilfield pump maker Lufkin Industries Inc for $2.98 billion, sharply increasing its presence in the fast-growing market to extract oil and natural gas from shale rock, the conglomerate said on Monday.

 

GE profit meets Street view, sees 2012 growth

General Electric Co reported an 18 percent rise in quarterly profit that met Wall Street's expectations, as revenue rose across its big energy, aviation, healthcare and transportation arms.

 

GE to build nation's largest solar power plant

GE to build nation's largest solar power plant

General Electric says it's going to build the nation's largest solar panel factory, part of a $600 million dollar bet on the future of solar power in the United States.

 

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