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News Breaks | | | | September 21, 2012 | | 06:42 EDT |  | GE, AMSC, SI, VWDRY | Wind energy companies struggling in U.S., NY Times says
Wind energy companies have been laying off thousands of American workers in recent months, due to weak electricity demand, cheap natural gas, and cheap competition from Asia, according to The New York Times. Furthermore, a federal tax credit for wind power is set to expire on December 31, the newspaper noted. Reference Link | |
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News For AMSC;VWDRY;SI;GE From The Last 14 Days Check below for free stories on AMSC;VWDRY;SI;GE the last two weeks. |
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| May 24, 2013 | | 08:10 EDT |  | AMSC | China's China's Supreme People's Court to hear AMSC's case against Sinovel
AMSC announced that China's Supreme People's Court has scheduled a hearing for May 29 to review the jurisdiction of AMSC's software copyright infringement cases against Sinovel Wind Group and Guotong Electric. During the proceedings, the court is expected to review the jurisdiction of AMSC's civil action filed against Sinovel in the Beijing No. 1 Intermediate People's Court as well as AMSC's civil action filed against Sinovel and Guotong Electric in the Hainan Province No. 1 Intermediate People's Court. These are two of the four legal cases that AMSC brought against Sinovel in late 2011 regarding Sinovel's contractual breaches and AMSC's discovery of intellectual property theft by Sinovel. AMSC is also engaged in a commercial arbitration case and a trade secrets case against Sinovel in China. | | | 06:05 EDT | | SI | FDA targets IPhone urinalysis app, Bloomberg reports
 Subscribe for More Information | | | May 23, 2013 | | 10:17 EDT | | SI | Nokia Siemens Networks, Intel sign collaboration MoU
Nokia Siemens Networks (NOK, SI) and Intel (INTC) announced they signed a Memorandum of Understanding to collaborate around the development of Liquid Applications, an approach to accelerate the delivery of media-rich services and content directly from the base station. The intent of the collaboration is to accelerate development of an enhanced mobile broadband experience that gives operators new revenue and differentiation opportunities. Nokia Siemens Networks and Intel will collaborate in the creation of a mobile edge computing ecosystem, focusing on over-the-top content providers, independent software vendors and application service providers. The parties will also explore new business models between mobile operators and other ecosystem players, they said. | | | 06:07 EDT | | GE | Bank of Ayudhya denies report of Mitsubishi UFJ offer for GE stake, Reuters says
Subscribe for More Information | | | May 22, 2013 | | 14:48 EDT | | GE | General Electric considering IPO for some parts finance unit, Bloomberg says
General Electric CEO Jeffrey Immelt said the company is considering an IPO for some parts of its finance unit, reports Bloomberg, citing comments from Immelt. Reference Link | | | 11:31 EDT | | GE | General Electric reaffirms 2013 operating framework
Subscribe for More Information | | | 07:24 EDT |  | GE | Electrical Products Group to host a conference
Subscribe for More Information | | | May 21, 2013 | | 10:33 EDT | | GE | Boeing confirms completion of 747-8 test flight
Subscribe for More Information | | | 08:44 EDT | | GE | Regulators to soon vote on non-banks, WSJ reports
Subscribe for More Information | | | May 20, 2013 | | 07:05 EDT |  | GE | General Electric volatility flat into plans to return $18B to holders
Subscribe for More Information | | | | 06:31 EDT | | GE | GE Capital board plans to pay $6.5B of dividends to parent GE in 2013
GE announced that the board of GE Capital Corporation, or GECC, had approved plans for GECC to pay $6.5Bin dividends in 2013 to GE. Earnings-dividend payments, which are subject to GECC Board and GE Board Risk Committee approvals, are planned at 30% of GECC's total 2013 earnings. GECC paid the first-quarter earnings-dividend of $447M to GE on April 19, 2013. In addition, GECC plans $4.5B in special dividends to GE in 2013, subject to the same approvals. Under its balanced capital allocation plan of investing for its long-term growth, maintaining an attractive dividend pay-out and repurchasing stock, GE plans to return $18B cash to its shareholders in 2013, including repurchase of $10B of stock. | | | May 15, 2013 | | 17:30 EDT | | GE | GE, Boeing warn of defective engine parts, WSJ reports
General Electric (GE) said more than 70 Boeing (BA) 777 models may be affected by an engine manufacturing defect, reports The Wall Street Journal. Reference Link | | | 17:03 EDT | | GE | Soros gives quarterly update on stakes
NEW STAKES: MeadWestvaco (MWV), Brocade (BRCD), Red Hat (RHT), Liberty Global (LBTYK), and VMware (VMW). INCREASED STAKES: Google (GOOG), Liberty Global (LBTYA), EQT Corp (EQT), Charter (CHTR), and US Airways (LCC). DECREASED STAKES: Citigroup (C), AIG (AIG), Apple (AAPL), Invesco (IVZ), and Motorola Solutions (MSI). LIQUIDATED STAKES: JPMorgan (JPM), General Electric (GE), CF Industries (CF), Morgan Stanley (MS), and Capital One (COF). | | | 07:33 EDT | | GE | National Association of Business Economics to hos a conference
Subscribe for More Information | | | May 14, 2013 | | 07:23 EDT | | GE | Oppenheimer to host a summit
Subscribe for More Information | | | 07:11 EDT | | GE | China XD in talks to purchase GE’s Prolec joint venture, Bloomberg reports
Subscribe for More Information | | | 06:09 EDT | | GE | On the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: North American oil production will dominate world-wide supply growth over the next five years, the International Energy Agency predicted today, the result of growing production from "fracking" and other technologies that access once-inaccessible reserves, the Wall Street Journal reports...REUTERS: Investors are becoming increasingly selective about which bonds and stocks they buy in Southeast Asia's fast-growing economies as the risk of policy bungling makes them more discerning, Reuters reports...State-run Air India Ltd will resume flying its Boeing (BA) 787 Dreamliner passenger jets tomorrow, nearly four months after the planes were grounded due to safety concerns. Air India has six Dreamliners and has ordered 21 more, Reuters reports...BLOOMBERG: China XD Group, a state-controlled power equipment maker, is in talks to buy GE’s (GE) joint venture with Mexico’s Xignux SA for about $1B, sources say, Bloomberg reports...Philadelphia Fed President Charles Plosser said today in Stockholm that a slowing in U.S. inflation to the lowest rate in more than three years doesn’t warrant a Fed policy response, Bloomberg reports. | | | 05:23 EDT |  | VWDRY | Vestas Wind upgraded to Overweight from Neutral at HSBC
| | | May 13, 2013 | | 05:37 EDT | | VWDRY | Vestas Wind upgraded to Neutral from Underperform at Credit Suisse
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