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Stock Market & Financial Investment News

News Breaks
March 18, 2013
11:09 EDTGE, BCBrunswick, GE CDF extend BAC joint venture through 2016
Brunswick Corporation (BC) and GE Capital, Commercial Distribution Finance, a division of GE (GE), announced an extension of their joint venture, Brunswick Acceptance Company, through 2016. The joint venture was formed in 2002, and began operations in 2003 with the goal of providing a stable, long-term source of wholesale floor plan financing for Brunswick boat dealers. In a related development in Canada, CDF renewed its agreement to be the strategic inventory finance provider for Brunswick boat dealers through 2016.
News For BC;GE From The Last 14 Days
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August 4, 2015
06:47 EDTGENRG Yield completes 25% interest acquisition in Desert Sunlight
On June 29, 2015, NRG Yield (NYLD) acquired a 25% interest in the Desert Sunlight Solar Farm in Riverside, CA from GE (GE) for $285M, subject to working capital adjustments, plus the assumption of $287 million of non-recourse project level debt. The acquisition, which results in an increase of 137.5 MW of operating solar capacity owned by NRG Yield, places the company into a partnership with subsidiaries of NextEra Energy and Sumitomo Financial, who are the 50 percent and 25 percent owners of Desert Sunlight, respectively. The transaction is expected to contribute Adjusted EBITDA of $45 million and CAFD of $22M on an annual run rate basis.
July 30, 2015
17:50 EDTGEGE exec sees $10B in projects going overseas due to Ex-Im trouble, Reuters says
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07:52 EDTBCBrunswick backs FY15 adjusted EPS view of $2.75-$2.85, consensus $2.84
Backs FY15 annual sales growth view of 6%-8%, consensus $4.12B. Expects to generate positive free cash flow in the range of $180M-$200M.
07:50 EDTBCBrunswick reports Q2 adjusted EPS $1.05, consensus $1.02
Reports Q2 revenue $1.14B, consensus $1.15B.
July 29, 2015
05:30 EDTGEGE Healthcare to invest $1B for training and education solutions by 2020
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July 28, 2015
10:07 EDTGEGE in talks to sell assets to Ansaldo Energia, Reuters reports
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July 27, 2015
12:46 EDTGEAlstom to accept EUR300M hit to assist GE deal completion
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06:38 EDTGEGE intends to be 'sizable' player in energy storage market, Reuters reports
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July 24, 2015
15:17 EDTGECapital One, Apollo Global weigh final bids for GE unit, Bloomberg says
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July 23, 2015
08:11 EDTGEGE's CDF unit extends inveotry finance program with Husqvarna Group
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July 22, 2015
07:23 EDTGEFrench minister 'reassured' by elements of Alstom, GE deal talks, Reuters says
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