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Stock Market & Financial Investment News

News Breaks
December 9, 2012
16:50 EDTGE, EMITFElbit Imaging announces the closing of GE's investment in InSightec
Elbit Imaging (EMITF) announced that on December 6, the closing of the transaction among Elbit Medical Technologies (in which the Company holds approximately 90% of the outstanding shares of stock), InSightec (in which Elbit Medical holds approximately 64% of the outstanding shares of stock, and 52.15% on a fully diluted basis), GE Healthcare (GE) and certain other shareholders of InSightec, which had been announced on October 11, had occurred. At the closing, the Parties have agreed to reduce the Other Investors' investment amount to $3.3M instead of $3.9M, and to set the expiration date for Elbit Medical's option to purchase Preferred C Shares of InSightec (directly or by a third party approved by GE) on December 25.
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April 8, 2014
08:03 EDTGEGE unit provides $50M loan for Illinois power plant
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07:24 EDTGEPR News to hold a conference
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April 7, 2014
07:39 EDTGEBloomberg to hold a summit
The Future of Energy Summit 2014 is being held in New York on April 7-9.
April 4, 2014
08:02 EDTGESam's Club extends contract for branded credit card program with GE Capital
Samís Club, a division of Wal-Mart Stores (WMT), has finalized a multi-year agreement with GE Capital Retail Bank (GE) to extend their existing relationship to provide Samís Club-branded credit cards to club members in the U.S. and Puerto Rico. As part of the extension, GE Capitalís Retail Finance business will continue to manage and service the credit card programs for Samís Club Savings, Business and Plus members. Under the agreement, the Samís Club co-branded credit card programs will be converted to MasterCard (MA) later this year. Walmart has also extended their relationship with GE Capital Retail Bank and branded cards will transition to MasterCard later this year.
April 3, 2014
09:30 EDTGEApple, Pfizer others create 'go slow' patent lobby group, Reuters says
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