Wells Fargo Agrees to Buy General Electric Railcar Leasing Unit

... in a statement from the company. The sales add to a series of GE divestitures as CEO Jeffrey Immelt steers the Fairfield, Connecticut-based firm back to its industrial roots. He's expanding the manufacturing units making products such as jet engines ...

via http://washpost.bloomberg.com/Story?docId=1376-NVIIGBSYF01V01-4P99UR3V17S19GH7RPPHKOVI8F