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Stock Market & Financial Investment News

News Breaks
November 13, 2012
07:16 EDTGE, CLNEGeneral Electric and Clean Energy announce collaboration
GE (GE) and Clean Energy Fuels (CLNE) announced a collaboration to expand the infrastructure for natural gas transportation in the U.S.. The agreement supports Clean Energy's efforts in developing "America's Natural Gas Highway," a fueling network that will enable trucks to operate on Liquefied Natural Gas, or LNG, coast to coast and border to border. Truck fleets often can reduce fuel costs by more than 25 percent and lower emissions with LNG. GE's MicroLNG plant can liquefy natural gas at any point along a gas distribution network, making it ideal for supporting the fueling of vehicles in remote locations by reducing the impact of long distance fuel transport. As part of the collaboration, Clean Energy Fuels will initially purchase two ecomagination-qualified MicroLNG plants from GE Oil & Gas. The plug-and-play modular units, which are designed to rapidly liquefy natural gas while minimizing a site's physical footprint, will support fueling stations along critical transportation corridors that run across the U.S. Further underscoring GE's commitment to expanding natural gas transportation infrastructure, GE Energy Financial Services is providing up to $200M in financing for the two GE MicroLNG plants.
News For GE;CLNE From The Last 14 Days
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March 5, 2015
11:33 EDTGEGE says cautious on how it sees Brazil, still constructive on Mexico
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March 4, 2015
08:54 EDTGEGE to provide Stockholm Vatten with MBR equipment
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07:23 EDTGEGE CEO Immelt not leaving the company, TheStreet reports
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March 3, 2015
11:03 EDTGEAnalyst says GE's Immelt may leave in industrial CEO exodus, Bloomberg says
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10:52 EDTGEGeneral Electric March weekly volatility elevated, shares near three-month high
General Electric March weekly call option implied volatility is at 19, March is at 15, April and May is at 14, ; compared to its 26-week average of 15 according to Track Data, suggesting large near term price movement.
February 27, 2015
09:24 EDTCLNEOn The Fly: Pre-market Movers
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February 26, 2015
18:43 EDTCLNEOn The Fly: After Hours Movers
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18:08 EDTCLNEClean Energy sees FY15 adjusted EBITDA positive
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17:05 EDTCLNEClean Energy reports Q4 revenue $132.1M, consensus $111.16M.
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16:33 EDTCLNEClean Energy reports Q4 adjusted EPS 11c, may not compare to consensus (17c)
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February 25, 2015
05:22 EDTGEGE Healthcare selected as strategic partner by Kenyan Ministry of Health
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February 24, 2015
18:02 EDTGEGeneral Electric director purchases $20M of company stock
According to regulatory filings, GE director William G. Beattie purchased 800,000 shares of GE for $20,096,000 on February 18 and 19.
February 23, 2015
12:07 EDTGEEU opens probe in GE's proposed acquisition of Alstom's energy business
The European Commission has opened an in-depth investigation to assess whether General Electric's (GE) proposed acquisition of the Thermal Power, Renewable Power & Grid businesses of Alstom (ALSMY) is in line with the EU Merger Regulation. The Commissionís preliminary investigation indicates potential competition concerns in the market for heavy-duty gas turbines which are mainly used in gas-fired power plants. The transaction would bring together the activities of GE, the world's largest manufacturer of heavy-duty gas turbines, with those of Alstom, eliminating one of the three main global competitors to GE in this market. The opening of an in-depth inquiry does not prejudge the final result of the investigation. The Commission now has 90 working days, until 8 July, to take a final decision. Reference Link
February 20, 2015
08:26 EDTGEArc Logistics to acquire all membership interests Joliet Bulk for $216M
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