New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 12, 2013
16:52 EDTGE, CMCSAGeneral Electric sells 49% stake in NBCU joint venture to Comcast for $16.7B
GE (GE) announced the sale of its remaining 49% common equity interest in its joint venture with Comcast (CMCSA), which includes NBCUniversal, as well as the NBCU floors in 30 Rockefeller Center, for $18.1B. Under the terms of the transaction, GE will sell its remaining 49% common equity stake in the NBCU joint venture to Comcast for $16.7B. GE will receive $12B in cash, $4B in Comcast guaranteed debt, and $700M of preferred stock. Additionally, GE Capital will sell the NBCU occupied floors in 30 Rockefeller Center, and property in Englewood Cliffs, New Jersey, to NBCU affiliates for $1.4B in cash. The transaction has been approved by the boards of directors of GE and Comcast and remains subject to customary closing conditions, which are expected to be satisfied before the end of Q1.
News For GE;CMCSA 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 | 4 | all recent news | >>
May 13, 2015
11:17 EDTGEGE looks to sell Japan commercial finance operation, WSJ says
General Electric is looking to sell its Japanese commercial finance operations, as the conglomerate looks to slim down assets held in its GE Capital unit, says the Wall Street Journal. The unit, which finances the purchase of equipment is valued at about $5B, added the Wall Street Journal. Reference Link
09:39 EDTGEActive equity options trading on open
Subscribe for More Information
09:33 EDTCMCSAComcast CEO says 'probably did more licensing than anybody' since buying NBC
Subscribe for More Information
09:24 EDTCMCSAComcast CEO says does not 'feel need to rush' to pursue other merger deals
Comcast (CMCSA) CEO Brian Roberts is speaking at the MoffettNathanson Research conference regarding the company's scrapped deal to buy Time Warner Cable (TWC).
07:16 EDTCMCSAMoffett Nathanson to hold a summit
Subscribe for More Information
07:08 EDTGEOppenheimer to hold a conference
Subscribe for More Information
06:55 EDTCMCSAInsiders speculate bidding war to erupt over AOL, Business Insider reports
The consensus speculation from investment bankers, hedge fund traders and people close to AOL (AOL) is that another company will emerge and offer a price for AOL that is higher than $50 per share, reports Business Insider. The potential suitors include Time Warner (TWX), Comcast (CMCSA), Yahoo (YHOO), Alibaba (BABA), Softbank (SFTBF), AT&T (T), Netflix (NFLX) and Apple (AAPL). Reference Link
06:22 EDTCMCSAFacebook introduces Instant Articles, says working with nine launch partners
Subscribe for More Information
06:15 EDTGEEU restart probe of GE's planned acquisition of Alstom's power business, WSJ say
Subscribe for More Information
May 12, 2015
17:16 EDTCMCSACenturyLink tests 'Prism' TV in Seattle, Puget Sound Journal says
Subscribe for More Information
10:45 EDTGEAnalyst says Pall deal may spark more life sciences M&A
Subscribe for More Information
09:51 EDTGEPall Corp. could be precursor to more Life Science deals, says Janney Capital
After The Wall Street Journal said Pall Corp. (PLL) is nearing a possible sale, naming Thermo Fisher (THO) and Danaher (DHR) as potential suitors, Janney Capital said it thinks dealmaking in the Life Sciences space won't stop with Pall, listing Repligen (RGEN), Bio-Techne (TECH) and VWR (VWR) as others in the industry that could see strategic bids emerge. The firm added that it expects that GE (GE), 3M (MMM), and private equity firms would also be involved in bidding in deals in the space.
08:31 EDTCMCSAApple likely to launch TV video service this year, says Pacific Crest
Subscribe for More Information
06:41 EDTCMCSATV networks touting digital, targeting technologies to marketers, NY Times says
Subscribe for More Information
May 11, 2015
17:23 EDTGEGE would consider concessions to secure Alstom deal, Reuters says
Subscribe for More Information
12:35 EDTGEGE not likely to gain unconditional approval for Alstom deal, Reuters reports
Subscribe for More Information
12:28 EDTGEGE launches cloud foundry ‘Industrial Dojo’
GE Software announced its ‘Industrial Dojo,’ in collaboration with the Cloud Foundry Foundation, to strengthen its efforts to solve the world’s biggest industrial challenges. The Cloud Foundry Dojo program allows software developers to immerse themselves in open source projects to quickly learn the inner workings of the core technology and the unique agile development environment, as well as recommended methodologies for contributing code. GE also announced it will work with the Cloud Foundry community to develop and contribute open source code to the Cloud Foundry Foundation that will route all industrial messaging protocols. By opening this Industrial Dojo, GE Software is enabling developers to better learn industrial intricacies by pairing with experienced developers, thereby greatly reducing the time-to-productivity for those new to a project. Through this program, GE is bolstering its commitment to open source development and Cloud Foundry, and ultimately promoting the next wave of industrial innovation. Also announced, GE will drive, in collaboration with Pivotal, creation of a “TCP Router” to direct non-HTTP protocols and better equip Cloud Foundry to connect industrial machines with IT networks. By donating this innovation to the open source community, GE will enable Cloud Foundry to be used in a variety of industrial applications and use cases.
10:21 EDTGEGE says EU suspends review on Alstom deal, sees probe resuming, Reuters reports
General Electric (GE) said the investigation of its takeover bid for Alstom's (ALSMY) power equipment business was suspended last month by EU antitrust regulators, Reuters reports. GE says the probe was halted on April 24 to give the regulators time to review additional information, and believes the review will restart this week. Reference Link
09:02 EDTCMCSAComcast names Michael Cavanagh as CFO
Subscribe for More Information
06:33 EDTCMCSATV networks worried amid tough competition from digital outlets, NY Times says
Subscribe for More Information
1 | 2 | 3 | 4 | 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