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Stock Market & Financial Investment News

News Breaks
May 27, 2014
09:19 EDTGE, SNP, COPGE announces Australian distributor selected for LNG project
GE Power & Water (GE) announced Clarke Energy, GE’s Jenbacher gas engine authorized distributor for Australia, has been selected to supply Australia Pacific LNG with 19 new Jenbacher J620 gas engines for two on-site power projects in rural Queensland. The 3-megawatt gas engines will be used to generate a total of 57 MW of reliable electricity at two coal seam gas processing facilities currently under construction. Australia Pacific LNG is an incorporated joint venture between Origin Energy, ConocoPhillips (COP) and Sinopec (SNP).
News For GE;COP;SNP From The Last 14 Days
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November 24, 2014
09:02 EDTGEZoetis names Roman Trawicki as president of global manufacturing and supply
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November 23, 2014
19:12 EDTCOPIran may suggest 1M barrel a day cut at OPEC meeting, Bloomberg says
According to media reports in Iran, the Iranian oil minister Bijan Namdar Zanganeh may speak with Saudi Arabia’s Oil Minister Ali Al-Naimi on the sidelines of the OPEC meeting in Vienna this week to propose that OPEC cut its output target by as much as 1 million barrels a day, says Bloomberg. Publicly traded companies in the space include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS.A) and Total (TOT). Reference Link
November 21, 2014
12:36 EDTGEMobileye growth story remains intact, says Wells Fargo
Wells Fargo attributes yesterday's pullback in Mobileye (MBLY) shares to concerns about the company's autonomous content in the long-term. Wells believes that while GM (GM) and Tesla (TSLA) semi-autonomous features initially will require only one EyeQ3 chip, the chip content will increase as the systems become more sophisticated. The firm thinks Mobileye's growth story remains intact and keeps an Outperform rating on the name. It raised its price target range for shares to $52-$56 from $51-$55.
November 20, 2014
16:01 EDTGEBlackstone to puchase GE Japan's residential real estate
Blackstone (BX) announced that funds affiliated with Blackstone Real Estate Partners Asia will make an investment in connection with an agreement to acquire GE Japan's 100% owned residential real estate business for over ¥190B. The business owns and operates more than 200 residential properties, consisting of over 10,000 units primarily in Tokyo, Osaka, Nagoya and Fukuoka.
November 19, 2014
13:20 EDTGEGeneral Electric to partner with Chinese companies on energy, China Daily says
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08:04 EDTGEGE Healthcare announces Omnyx collaboration with Caradigm
GE Healthcare announced it will resell Caradigm’s Single Sign-On and Context Management solutions in the United States, Canada, and specific EU countries to provide connectivity between the Omnyx digital pathology platforms and designated Anatomic Pathology Laboratory Information Systems.
November 18, 2014
18:26 EDTCOPKeystone pipeline legislation voted down by U.S. Senate
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10:03 EDTCOPConocoPhillips management to meet with ISI Group
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November 17, 2014
10:31 EDTGEGE sees China order growth despite slowing economy, WSJ says
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November 14, 2014
16:39 EDTCOPBerkshire Hathaway gives quarterly update on stakes
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09:38 EDTGEActive equity options trading
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08:04 EDTGEGE Capital provides $37.5M credit facility to Specialty's Cafe & Bakery
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08:00 EDTGEHalliburton, Baker deal would face 'intense' DOJ scrutiny, says Jefferies
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November 13, 2014
11:12 EDTGEHungary to buy Budapest from GE Capital, Reuters reports
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10:04 EDTGEGE opens $500M Brazil Technology Center
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07:26 EDTGEGE sees great infrastructure demand in developing markets, Reuters says
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November 12, 2014
09:02 EDTCOPConocoPhillips announces start of gas production from KBB gas field
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09:01 EDTGEGE to build advanced manufacturing facility in Pennsylvania
GE announced that it will build a new manufacturing facility to drive innovation and implementation of advanced manufacturing technologies across GE. The new facility represents a $32M investment over three years by the company and will result in the creation of 50 high-tech engineering jobs initially, in disciplines ranging from mechanical and electrical to systems and software engineering. These technologists will join GE’s global network of 50,000 world-class scientists, engineers, and skilled labor who are working to solve some of the world’s toughest challenges. The new facility reflects GE’s belief that the intersection of technology and manufacturing – marrying hardware with software – is bringing a new era of manufacturing. The site will be located outside of Pittsburgh in Findlay Township, PA to capitalize on the renowned academic institutions and skilled workforce in the area. Construction is expected to begin in March 2015 to be completed by September 2015.
08:05 EDTGEGoldman to hold a conference
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07:31 EDTCOPBofA/Merrill to hold a conference
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