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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
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September 29, 2015
17:01 EDTGEGeneral Electric launches Brilliant Manufacturing Suite
GE announced the next version of its Brilliant Manufacturing Suite at its fourth annual Minds + Machines conference. Field-tested and optimized within GE's own factories, the suite maximizes manufacturing production performance through advanced real-time analytics to enable all manufacturers to realize GE's Brilliant Factory vision. GE's Brilliant Manufacturing Suite allows customers to begin to realize their own vision of a Brilliant Factory. Integrating and aggregating data from design to service and leveraging analytics to support optimal decision-making allows manufacturers to drive improvements in end-to-end production. Analyzing data in context and providing the right information at the right time allows for better decision support throughout the manufacturing process. Data-driven analytics encompassing machines, material, people and process will transform the factories of today into Brilliant Factories.
16:41 EDTGEGE Hitachi, Exelon Generation form joint development of two digital solutions
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16:09 EDTGEGE plans new energy company to merge physical, digital and financial
GE unveiled plans to create an "entirely new type" of energy company that combines financing with GE's physical and digital capabilities across energy efficiency, generation and storage. The new organization will meet the unique needs of a wide range of Commercial & Industrial, utility, and municipal customers - hospitals, universities, retail stores, cities - and provide them with the hardware and software they need to be more reliable, more efficient and more profitable, the company said. This business will begin with more than $1B of revenue and will leverage GE financing, putting it on track to quickly establish a leadership position in the fast-growth energy efficiency market, according to GE, which said additional details will follow in the coming weeks.
16:07 EDTGEGeneral Electric announces new software products and partnerships
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14:08 EDTGEDOJ says no settlement offer received on GE, Electrolux deal, Reuters reports
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11:09 EDTCMCSA, CMCSKGoPro announces launch of channel on Comcast Watchable
GoPro (GPRO) announced it's bringing the GoPro Channel to Watchable, Comcast's (CMCSA, CMCSK) new, cross-platform video service. GoPro's first Multichannel Video Programming Distributor agreement will deliver GoPro content to users on iOS,, and X1. Launching in beta, all Watchable content is free, the company stated.
11:05 EDTCMCSAComcast launches video platform Watchable, Business Insider reports
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10:50 EDTGEGeneral Electric to hold a webcast
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10:49 EDTGEGE Aviation, Qantas Group sign strategic flight efficiency services agreement
The Qantas Group and GE Aviation have signed a comprehensive agreement for GE's Flight Efficiency Services, which will help Qantas and Jetstar increase operational flexibility and fuel efficiency and reduce carbon emissions by drawing on GE's industry-leading navigation services, data and analytics expertise. The agreement includes flight efficiency and Flight Operations Quality Assurance analytics, as well as renewal of a long-standing relationship for the supply of Required Navigation Performance procedures across many airports in the Qantas network. Qantas and GE will collaborate on specific initiatives to support the transformation strategy such as flight crew awareness, procedure compliance, operational insights and airspace utilization improvements. GE's support will include access to its full suite of analytical tools as well as process improvement, six sigma, change management and other domain expertise.
September 28, 2015
18:02 EDTGEGE-Aviation awarded $137.88M government contract modification
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13:33 EDTGEGE announces 18th and 19th HA Gas Turbine orders
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10:21 EDTGEGE urges Congress to reauthorize ExIm Bank for all American companies
10:20 EDTGEGE says to stop manufacturing gas engines in Waukesha, Wisconsin
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10:20 EDTGEGE confirms plans to build gas engine facility in Canada
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10:07 EDTGEGE to move 350 jobs to Canada from Wisconsin, Reuters reports
General Electric will move 350 jobs to Canada from Wisconsin as it shifts production of large, gas-powered engines, Reuters reports. GE has been unable to access financing from the U.S. Export-Import Bank, the report notes. GE is expected to invest $265M in a new manufacturing plant at a yet-to-be-determined Canadian location. Reference Link
10:03 EDTGEGeneral Electric to move 350 jobs to Canada from Wisconsin, DJ reports
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08:43 EDTGEPZU's Klesyk: GE may sell BPH this year, Reuters reports
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07:38 EDTGEBox to hold a user conference
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06:08 EDTCMCSA, CMCSKComcast NBCUniversal to acquire 51% stake in Universal Studios Japan
Comcast NBCUniversal (CMCSA) announced that it has agreed to purchase 51% ownership of Universal Studios Japan in a recapitalization transaction, partnering with the current owners including Goldman Sachs (GS), USJ's CEO Glenn Gumpel, Asian private-equity firm MBK Partners, and U.S. hedge fund Owl Creek Asset Management. Comcast NBCUniversal's purchase price for the majority ownership of the theme park destination is Y183B, or $1.5B. "We are excited to expand our global footprint with this wonderful theme park in Osaka and are excited by the opportunities that lie ahead in Japan and all of Asia," said Brian L. Roberts, Chairman and CEO of Comcast. "This investment represents a huge opportunity and commitment to creating value for our shareholders and continuing to grow internationally." Acquiring majority ownership of Universal Studios Japan continues Comcast NBCUniversal's ongoing investment strategy for it's U.S. parks in Orlando and Hollywood.
September 27, 2015
19:39 EDTCMCSA, CMCSK'Hotel Transylvania 2' bites down in record-setting debut
Animated children's film "Hotel Transylvania 2" set a domestic record for September while "Maze Runner" and "Black Mass" dropped in their second weekends at the box office. WEEKEND LEADER: Sony's (SNE) computer animated comedy "Hotel Transylvania 2" grossed $47.5M during its domestic open for the weekend of September 27, beating expectations for $35M-$40M and setting a new record for September box office debuts. Adam Sandler, Selena Gomez, and others returned to provide voice acting for the monster-themed movie, which saw the biggest open yet for Sony Pictures Animation. BOX OFFICE RUNNERS-UP: With Robert DeNiro and Anne Hathaway in leading roles, Time Warner (TWX) subsidiary Warner Bros.' "The Intern" opened at $18.2M against estimates sales of $15M-$20M. Fox's (FOX, FOXA) "Maze Runner: The Scorch Trials" came in third with $14M after grossing $30.3M domestically during last weekend's debut. Meanwhile, Comcast (CMCSA, CMCSK) subsidiary Universal's "Everest" jumped to $13.1M after significantly expanding its screen count, while Warner Bros.' "Black Mass" rounded out this weekend's Top 5 at $11.5M.
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