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Stock Market & Financial Investment News

News Breaks
February 7, 2013
14:55 EDTESV, GEEnsco says rigs have not had any operational problems related to GE bolts
Ensco (ESV) reported that GE Oil & Gas (GE) recently communicated that certain batches of bolts used in offshore drilling should be inspected for possible replacement. GE Oil & Gas issued notices regarding these bolts after a competitor’s rig experienced operational problems in connection with the bolts. Ensco’s rigs have not experienced any operational problems related to the bolts, used in H4 connectors, which connect a lower marine riser package to a wellhead, the company said. Immediately upon receipt of the notice from GE Oil & Gas, Ensco began an evaluation of its fleet to determine which rigs have H4 connectors with bolts identified in the notice. Ensco’s jackup fleet and seven ENSCO 8500 Series floater rigs are not affected by the GE Oil & Gas notices. For certain other floaters in the company’s fleet, the relevant bolts have already been replaced. On the remaining floaters, the relevant bolts are scheduled for evaluation, and, where appropriate, will be replaced. The company said it will provide an update on this issue in its regularly scheduled monthly fleet status report to be issued in mid-February.
News For ESV;GE From The Last 14 Days
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June 18, 2013
13:14 EDTGEGeneral Electric to host analyst meeting
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13:03 EDTGEAccenture, GE form strategic global alliance
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10:48 EDTGEAIG subsidiary expands order for LEAP-1A engines
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10:00 EDTGEGeneral Electric to create Russian venture to build power plants, Reuters says
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June 17, 2013
06:39 EDTGEBoeing, GE commit to ten 787-10X Dreamliners
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05:40 EDTGEGE bets on ceramic jet engine parts, WSJ reports
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June 14, 2013
15:22 EDTGEGeneral Electric volatility low into Aviation analyst meeting and Paris Air Show
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June 13, 2013
07:09 EDTGEGE offers concessions as it seeks EU approval of Avio deal, Reuters reports
GE offered concessions to try to win EU regulatory approval for its $4.3B proposed purchase of Italian plane components maker Avio, a deal intended to boost its global supply chain, reports Reuters.Reference Link
06:10 EDTGEOn the Fly: Periodicals Wrap-Up
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June 12, 2013
14:34 EDTGEGeneral Electric volatility low into GE Aviation analyst meeting
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08:37 EDTGEGE names Keith Sherin as Chairman, CEO of GE Capital
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08:34 EDTGEGE names Keith Sherin as Chairman, CEO of GE Capital
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June 11, 2013
09:06 EDTGEGeneral Electric launches two 3D printing open engineering quests
General Electric announced at the RAPID 2013 Conference that it is launching two global additive manufacturing quests that invite entrepreneurs, companies and institutions to offer their solutions to both challenges: a 3D Printing Design Quest for technologies used in healthcare and a 3D Printing Production Quest for an aircraft engine bracket. GE said, “GE is committed to leading the next manufacturing revolution through innovative hardware, material and process advancements. This revolution depends on collaboration with external innovators and partners. These Quests will help us to convene and engage this community in meaningful ways and ultimately build an additive manufacturing ecosystem that scales the industry to new heights.”
07:25 EDTGEInternational Economic Forum of the Americas to host a forum
19th Conference of Montreal is being held in Montreal, Canada on June 10-13.
05:46 EDTGEGE Healthcare to invest $2B in software development over next five years
GE Healthcare announced its plans to invest $2B over the next five years to accelerate the development of innovative software for healthcare systems and applications. Specifically, this $2B investment will be focused on maximizing asset performance; improving hospital operations management; improving clinical effectiveness; and optimizing care across entire populations. Key focus areas include: Caring for more patients as a result of scheduling efficiencies, faster data entry, proactive asset management, clinical decision support and financial gains that allow for expansion. Reducing costs by optimizing workflow in care delivery, minimizing payment cycles, maximizing reimbursement rates and eliminating unnecessary waste. Minimizing rework and redundancies by enhancing collaboration and making patient information universally accessible.
June 10, 2013
10:52 EDTGEGreen Dot rises after taking over Wal-Mart prepaid cards from GE
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09:21 EDTESVEnsco orders additional advanced-capability DP3 ultra-deepwater drillship
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08:52 EDTGEGreen Dot to acquire GE Bank prepaid cards with 'Walmart' branding
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08:47 EDTGEGreen Dot to acquire GE Bank 'Walmart' marked prepaid cards
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June 7, 2013
14:55 EDTGEGE to reassign CFO Sherin to head GE Capital, WSJ says
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