New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
November 13, 2009
12:13 EDTGE, CMCSK, CMCSAGeneral Electric's talks with Vivendi over NBC progressing slowly, CNBC reports
General Electric (GE) is slowly making progress in its talks with Vivendi, sources tell CNBC. The two are in talks for Vivendi to divest its 20% in NBC Universal. A deal is still expected in the next 10 days. GE currently has a $30B agreement with Comcast (CMCSA) to turn NBCU into a joint venture, which would give Comcast a 51% stake and GE the other 49%. Reference Link
News For GE;CMCSA;CMCSK From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | all recent news | >>
June 23, 2015
13:09 EDTCMCSAHulu to sell Showtime premium package for subscribers
Hulu (DIS;NWSA;CMSA) will sell Showtime Networks' (CBS) Internet streaming service to subscribers in early July, reports Variety. Hulu will offer Showtime to its subscribers for $8.99 in addition to the $7.99 fee Hulu subscribers pay per month.Reference Link
13:02 EDTGESumitomo, others show interest in GE railway-leasing business, WSJ says
Japan's Sumitomo Mitsui Financial Group is interested in buying General Electric's (GE) railway-leasing business, says the Wall Street Journal, citing sources. Wells Fargo (WFC) and other U.S. financial institutions have also shown interest in GE Capital Rail Services, which may be worth around $4B, added the Wall Street Journal, citing people familiar with the matter. Reference Link
09:36 EDTGEActive equity options trading on open
Subscribe for More Information
June 22, 2015
15:04 EDTCMCSA, CMCSKT-Mobile could abandon DISH for Comcast, Forbes contributor says
Subscribe for More Information
09:54 EDTGEGeneral Electric and Cascade announce multi-year joint development agreement
Subscribe for More Information
08:09 EDTGEGeneral Electric 2018 EPS should surpass $2, says Bernstein
After meeting with GE's CFO, Bernstein predicts that the company's 2018 EPS will surpass the $2 it says is often cited as a target for the company. The firm says that synergies with Alstom appear to be progressing well, while its gross margin initiatives are also progressing. Bernstein says that GE is making progress on many fronts. It keeps an Outperform rating on the stock.
06:59 EDTCMCSAComcast, NBCUniversal using cross-promotional strategy, NY Times says
Subscribe for More Information
06:18 EDTGESuppliers worried about Airbus, Boeing production rate hike, Reuters reports
Major engine suppliers, including General Electric (GE) and Safran, are becoming worried that they may lose out if they invest to meet higher commercial jet production targets from Airbus (EADSY) and Boeing (BA) that may prove unsustainable, Reuters reports. Airbus and Boeing have plans to raise production rates of their best selling single aisle planes by 25% to 50-52 a month in 2017-2018, the report says. Suppliers have said that they need to secure the start of a steep rise in output before making a commitment to even loftier targets, the report says. Reference Link
05:13 EDTGEGeneral Electric, unions reach tentative agreement on new contracts
General Electric reached tentative agreements on new labor contracts with national leaders of its two largest unions, the IUE-CWA and the United Electrical, Radio and Machine Workers of America, or UE, after three weeks of negotiations. The agreements are now subject to review by union negotiating committees and ratification by union members. GEs existing four-year national contracts with the IUE-CWA and the UE expire at midnight. The four-year job packages provide improvements in healthcare, wages, pension and job and income security. The contract provisions will also be extended to additional unions that have local contracts with GE.
June 21, 2015
17:57 EDTCMCSK, CMCSARealD says 3D screens accounted for 47% of weekend 'Jurassic World' gross
Subscribe for More Information
16:21 EDTCMCSA, CMCSKUniversal's 'Jurassic World' leads U.S. weekend box office with $102M
Subscribe for More Information
June 19, 2015
11:52 EDTCMCSATime Warner Cable CEO says Ralph Roberts a 'pioneer, visionary, role model'
Subscribe for More Information
10:37 EDTCMCSK, CMCSAComcast announces death of founder and Chairman Emeritus Ralph Roberts
Subscribe for More Information
07:00 EDTGEGE Capital Aviation Services launches Boeing 737-800NG program
Subscribe for More Information
June 18, 2015
17:04 EDTCMCSAComcast files to sell 2.66M shares of Class A common stock for holders
Subscribe for More Information
13:31 EDTCMCSANBC names Holt anchor of Nightly News, Williams apologizes
Subscribe for More Information
12:04 EDTGEActive options: AAPL ORCL FB RAD BAC HTZ MU GE TSLA AMZN BABA KO
Subscribe for More Information
09:26 EDTGEGE, JVs receive over $19B in orders/commitments at Paris Air Show
Subscribe for More Information
08:05 EDTGENRG Yield to acquire GE EFS' 25% interest in Desert Sunlight Solar Farm
NRG Yield, Inc. (NYLD), through its subsidiary NRG Yield Operating LLC, has entered into an agreement with GE Unit (GE) GE Energy Financial Services to acquire its 25% interest in the Desert Sunlight Solar Farm in Riverside, CA for $285M subject to customary working capital adjustments, plus the assumption of $287.4M of non-recourse project level debt. The acquisition, which provides NRG Yield with a total ownership of 137.5 megawatts of operating solar capacity, will place NRG Yield into a partnership with subsidiaries of NextEra Energy (NEE) and Sumitomo Financial (SMFG), who are the 50% and 25% owners of Desert Sunlight, respectively. The transaction is expected to increase both the annual run-rate EBITDA by approximately $45M and cash available for distribution by approximately $22M by 2016. NRG Yield expects to close the transaction by June 30, 2015. The transaction is subject to customary closing conditions, including approvals by the Federal Energy Regulatory Commission and notice of the acquisition to the California Public Utilities Commission. With this acquisition, NRG Yield now owns nearly 600 megawatts of solar generation. NRG Yield is supported by its parent, NRG Energy (NRG), which owns and operates approximately 1.2 gigawatts of solar generation, thus implying a combined solar portfolio of 1.8 gigawatts.
06:16 EDTCMCSK, CMCSALester Holt expected to be named permanent 'Nightly News' anchor, WSJ reports
Brian Williams will stay with NBC in an undisclosed role and Comcast is expected to make Lester Holt permanent anchor of "Nightly News," a source tells The Wall Street Journal. Williams was taken off the air earlier this year following allegations he exaggerated a story from his days covering the war in Iraq in 2003. Reference Link
1 | 2 | 3 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use