General Electric Co.

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  1. GE unit's sale called a boon for private credit managers

    trueGeneral Electric Co.’s decision to sell its commercial lending business is a boon for private credit managers, several managers say.

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  1. GE will seek to reverse FSOC designation

    trueGeneral Electric Co. will seek to undo designation as a systemically important financial institution after it completes the sale of its lending business GE Capital, which it announced April 10.

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  2. Blackstone and Wells Fargo acquire majority of GE Capital's real estate lending business

    trueGeneral Electric Co. announced Friday it is selling the majority of its $26.5 billion real estate lending business to Blackstone Group and Wells Fargo as part of its decision to sell most of its lending business, GE Capital, over the next 24 months, a press release said.

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  3. 17 companies set pension contributions totaling $10 billion for 2014

    trueSeventeen companies have announced projected contributions to their defined benefit plans totaling more than $10 billion since Feb. 14, according to 10-K filings with the Securities and Exchange Commission.

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  4. GE to contribute $1.33 billion to pension plans in 2014

    trueGeneral Electric Co., Stamford, Conn., plans to contribute a total of $1.33 billion to its pension plans in 2014, according to its 10-k filed Feb. 27.

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  5. Highway bill saves GE $2.5 billion in pension contributions

    trueGeneral Electric Co. will reduce its pension contributions by a total of $2.5 billion in 2012 and 2013, the company announced during its second-quarter earnings call Friday.

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  6. NBCUniversal takes pieces from parents plus some of its own for new 401(k) plan

    trueThe 401(k) plan at NBCUniversal, which started from scratch in early 2011, has grown to $340 million by adopting some ideas from its joint venture parents while adding investment and plan design ingredients of its own.

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  7. GE's unfunded pension liability spikes in 2011

    trueGeneral Electric Co. said in a 10-K filed Friday that its principal pension plans had an unfunded liability of $18.4 billion as of Dec. 31, more than double the $7.1 billion reported a year earlier.

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  8. GE CEO Immelt confirms $1 billion pension contribution for 2012

    trueGeneral Electric Co., Fairfield, Conn., reaffirmed plans to make its first employer contribution to the GE Pension Plan since 1987.

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