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News For GE;EMITF From The Last 14 Days Check below for free stories on GE;EMITF the last two weeks. |
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| 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 | | | 06:23 EDT | | EMITF | Elbit Imaging announces updated notice from Bank Leumi
Elbit Imaging announced, further to the company's announcement dated March 20, that it has received a notice from Bank Leumi le-Israel B.M., which the company vigorously reject, stating that the Bank plans to exercise its rights to withdraw the securities deposited by the company in its securities accounts with the Bank as security for the company's obligations to the Bank, and sell such securities to partially offset the company's outstanding obligations to the Bank in the approximate amount of $12.9M. The company denies the Bank's rights and in particular, its claim that allegedly, the Bank holds the securities as a security. In addition, the company has received a series of notices from the Bank stating that, beginning May 27, the Bank will terminate the credit lines provided by the Bank to certain accounts maintained by the company and two of its subsidiaries at the Bank and that following such date any outstanding interest remaining in such accounts will begin accruing interest at an extraordinary rate, despite the fact that those subsidiaries have credit balance in those accounts. The company intends to vigorously reject and defend such claims and demands. | | | 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. | | | May 8, 2013 | | 09:07 EDT | | GE | NextEra Energy selects General Electric's new brilliant wind turbine
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