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General Electric News

News on General Electric continually updated from thousands of sources around the net.

6 hrs ago | Bloomberg.com

United Technologies Near Accord to Buy GE Fire-Alarm Unit for $1.8 Billion

United Technologies Corp. is nearing an agreement to buy General Electric Co. a s fire alarm and security systems unit for at least $1.8 billion, according to two people familiar with the matter.

Comment?

Related Topix: Manufacturing, Industrial Machines, Security, United Technologies Corporation, Financial Services, Aerospace-Defense

14 hrs ago | ClipSyndicate

Comcast, GE Said to Agree to Value NBC at $30 Billion: Video

Nov. 9 -- Comcast Corp. and General Electric Co., in discussions over the sale of GE's NBC Universal division, agreed to value the unit at about $30 billion, according to three people familiar with the matter.

Comment?

Related Topix: Financial Services, Aerospace-Defense, Video, Business News

Mon Nov 09, 2009

Daily Herald

Comcast, GE set NBC's value at $30 bil

Comcast Corp. and General Electric Co. agreed to value GE's NBC Universal at about $30 billion as they discuss creating a joint venture to own the entertainment division, according to three people familiar with the matter.

Comment?

Related Topix: Cable & Satellite, Comcast, Financial Services, Aerospace-Defense, Vivendi SA, Chicago Metro

Chain Store Age

GE Capitol and J.C. Penney renew credit-card agreement

Norwalk, Conn. GE Capital Retail Corporate Finance, a finance arm of General Electric Co., said Friday it is renewing for four years its private-label credit-card program with J.C. Penney Co.

Comment?

Related Topix: JC Penney, Retail, Stamford Metro, Norwalk, CT, Financial Services, Aerospace-Defense

Sun Nov 08, 2009

TheSpectrum.com

Obama guests deserve frequent stayer points

The day before Halloween, the White House released a partial list of visitors since Jan.

Comment?

Related Topix: Michelle Obama, Bill Clinton, History in the News, Financial Services, Aerospace-Defense

Sat Nov 07, 2009

Hampton Roads Daily Press

Stocks end higher, prodded by GE

Stocks snapped a two-week losing streak Friday as a surge in General Electric nudged the Dow Jones Industrial Average back above 10,000, marking its first weekly close above that level since the early days of the credit crisis.

Comment?

Related Topix: Financial Markets, Financial Services, Aerospace-Defense, 9

ClipSyndicate

YCMNet's Yoshikami Likes General Electric, Activision: Video

Nov. 6 -- Michael Yoshikami, chief investment strategist at YCMNet Advisors, and Dan Brady, an options trader at Entropy Capital, talk with Bloomberg's Carol Massar and Matt Miller about the U.S. economy, stock market and their investment advice.

Comment?

Related Topix: Financial Services, Aerospace-Defense, Video, Business News

Fri Nov 06, 2009

News Times

GE, Diageo shares rise

The region's stocks rose Friday, including General Electric Co., Diageo PLC and Aircastle Ltd.

Comment?

Related Topix: Beverages, Diageo, Financial Markets, Financial Services, Aerospace-Defense, Stamford Metro, Norwalk, CT

MarketWatch

Before the Bell: Jobs data, AIG, Starbucks, GE in focus

U.S. stock market futures turned lower Friday after the latest jobs figures showed the U.S. unemployment rate had moved above 10% for the first time in 26 years.

Comment?

Related Topix: Restaurant Management, Starbucks, Financial Services, Aerospace-Defense, 9

Thu Nov 05, 2009

KansasCity.com

Buffett makes $34 billion bet on railroad

Warren Buffett leads a simple life. But when the revered business legend buys a train set, its a $34 billion mega-deal.Coming along just as the economy has begun to recover, Buffetts bid on Tuesday to buy the Burlington Northern Santa Fe Corp.

Comment?

Related Topix: Warren Buffett, Railroads, Burlington Northern Santa Fe, Berkshire Hathaway, Insurance, Construction, Investment Services, Investment Banking, Financial Services, Goldman Sachs Group, Aerospace-Defense

Tue Nov 03, 2009

Blogging Stocks

Buffett's star shines brightest among world's financial gurus, poll shows

Filed under: Forecasts , Products and services , Competitive strategy , General Electric , Berkshire Hathaway , ConocoPhillips , Goldman Sachs Group The housing bubble and subsequent "Great Recession" have tarnished the stars of a good many of the world's financial wizards, such as the former heads at Lehman Bros.

Comment?

Related Topix: US News, 2008 Presidential Election, US Politics, Financial Services, Aerospace-Defense, Construction, Berkshire Hathaway, Insurance, Investment Services, Investment Banking, Oil & Gas, ConocoPhillips, Goldman Sachs Group, Energy

Mon Nov 02, 2009

ABC News - Brian Ross

Comcast Close to Gaining Control of NBC Universal: Report

Comcast Corp and General Electric Co are closer to a deal to give Comcast a 51 percent stake in NBC Universal and a formal announcement may be made in the coming week, the New York Times said, citing people briefed on the talks.

Comment?

Related Topix: Financial Services, Aerospace-Defense

Sun Nov 01, 2009

Bizjournals

Petters trial day 2: Prosecutors say fraud went back years

Federal prosecutors on Thursday used initial testimony to try and prove that Minnesota businessman Tom Petters was committing fraud as early as 2000 - the seeds of what authorities say became a multi-billion-dollar Ponzi scheme.

Comment?

Related Topix: Retail, Costco Wholesale, Financial Services, Aerospace-Defense, Fairfield, CT, Auctions, Wal Mart Stores, Household Products

Sat Oct 31, 2009

Pittsburgh Tribune

General Electric's nuclear revival leaves waste issues unresolved

When 65 scientists met at Princeton University in 1955 to decide where to permanently store radioactive waste from nuclear power plants, their conclusion was simple: Bury it deep underground, far from earthquakes.

Comment?

Related Topix: Nuclear Energy, Financial Services, Aerospace-Defense, Princeton University

WLKY

Owensboro GE Plant To Close 2hr

After 65 years in Owensboro, the General Electric Co. announced plans to close its local motors plant next year.

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Related Topix: Owensboro, KY, Financial Services, Aerospace-Defense

St. Petersburg Times

White House visitors log includes stars and CEOs

The Obama administration on Friday released a partial roster of visitors in the first six months of President Barack Obama's term, a list that shows business executives, labor leaders, lobbyists and a sprinkling of celebrities were cleared into the White House for meetings, events or tours.

Comment?

Related Topix: Bill Gates, Microsoft, Software, Financial Services, Aerospace-Defense

Fri Oct 30, 2009

Mass High Tech

Cleantech tries on corporate funding and expertise in lieu of venture capital

When A123Systems Inc. was languishing in anticipation for the initial public offering market to open - yet was still in need of new cash to fund development efforts - an unexpected investor led the charge to fill the company's coffers.

Comment?

Related Topix: Venture Capital, Emerging Technology, Financial Services, Aerospace-Defense, Marketing, BP plc, Oil & Gas, Billerica, MA, Electronics

Thu Oct 29, 2009

Atlanta Journal-Constitution

GE names Flannery head of India operations

General Electric Co. said Thursday it named John Flannery as president and CEO of its operations in India to streamline and expand its operations there.

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Related Topix: Financial Services, Aerospace-Defense

Wed Oct 28, 2009

VentureBeat

Web 2.0 Summit: Our photo gallery of the top moments

Here's our collection of photos from the Web 2.0 Summit, which ran from Tuesday through Thursday in San Francisco.

Comment?

Related Topix: Web 2.0 Conference, Emerging Technology, Internet, Science / Technology, Financial Services, Aerospace-Defense, Cable & Satellite, Comcast, Time Warner, Media, Computers, Social Software

Tue Oct 27, 2009

Fox News

GE and Lilly Announce Cancer Breakthrough

Scientists at GE Global Research, part of General Electric , and Eli Lilly and Co.

Comment?

Related Topix: Medicine, Cancer, Health, Financial Services, Aerospace-Defense, Biotech, Eli Lilly, Healthcare Industry, Business News

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