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Stock Market & Financial Investment News

News For GE;RNF From The Last 14 Days
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February 12, 2016
05:01 EDTGEStocks with implied volatility movement; GE ESRX
Stocks with implied volatility movement; General Electric (GE) 34, Express Scripts (ESRX) 48 according to iVolatility.
February 9, 2016
16:09 EDTGEOptions Update; February 9, 2016
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15:07 EDTGEOption volume leaders: FB AAPL BAC MSFT NFLX TWTR GE MU DIS TSLA CSCO C GM
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11:24 EDTGEWells Fargo: 'We have to be prepared for 0-1' rate increases this year
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09:22 EDTGEWells Fargo says to benefit from GE Capital loan acquisitions in 2016
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07:24 EDTGEGE still in discussions with suitors over BPH sale, Reuters reports
GE Money (GE) is still in discussions with several bidders over the sale of its Polish unit Bank BPH, Reuters reports, citing comments from BPH CEO Richard Gaskin to reporters. "The process is still going on. There are several bidders," Gaskin said. UniCredit's (UNCFF) Polish unit Bank Pekao may acquire BPH without Swiss franc-denominated loans which GE plans to split off, the report says. Reference Link
07:16 EDTGEUniCredit's Pekao may purchase smaller rival BPH, Reuters reports
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February 8, 2016
06:12 EDTGEDiamond Offshore, GE Oil & Gas enter first-of-its-kind CSA
Diamond Offshore Drilling (DO) and GE Oil & Gas (GE) announced the offshore drilling industry's first-of-its-kind contractual service agreement, or CSA, that transfers full accountability for BOP performance to GE Oil & Gas. In this Pressure Control by the Hour model, Diamond Offshore will compensate GE Oil & Gas only when the BOP is available. This 10-year collaborative arrangement for GE's engageDrilling Services showcases a new way of thinking to drive continuous improvement in deepwater drilling. The arrangement will include GE purchasing the BOP systems aboard Diamond Offshore's four drillships, currently located in the U.S. Gulf of Mexico, for a total of $210M.
February 5, 2016
06:00 EDTGEState Street close to deal to buy GE asset management unit, Reuters reports
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February 2, 2016
10:01 EDTGEGE Appliances agrees to four-year contract extension with Taylor Morrison
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February 1, 2016
09:07 EDTGEGE to stop making coiled compact fluorescent lamps for U.S. market
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08:32 EDTGEGE Hitachi Nuclear Energy completes services outage at PWR facility
GE Hitachi Nuclear Energy announced the successful completion of its first services outage at a Pressurized Water Reactor, or PWR, facility. The outage, completed in partnership with Exelon Generation at the R.E. Ginna Nuclear Power Plant in Ontario, New York, was completed under budget and ahead of schedule with no safety-related or human performance issues. GEH is a part of a global nuclear alliance created by GE and Hitachi to serve the global nuclear industry.
05:46 EDTGEGE Oil & Gas reports over $700M of customer agreements
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05:44 EDTGEGE Oil & Gas announces investments in Italy worth $600M
GE Oil & Gas announced a new Memorandum of Understanding that will lead to the investment of $600M over the next five years in Italy. The MoU was signed today in Florence by GE Oil & Gas at a ceremony attended by the Minister of Economic Development Federica Guidi, the President of Tuscany Region Enrico Rossi, GE's Chairman and CEO Jeff Immelt, the President and CEO of GE Italia Sandro De Poli, the President and CEO of GE Oil & Gas Lorenzo Simonelli and the President of Nuovo Pignone Massimo Messeri. The investment in significant research, development and technological innovation in the country reaffirms GE Oil & Gas' commitment to the Italian market, and reinforces its cooperation with universities, SMEs and the regional economy where it operates. Tuscany is the home to Oil & Gas' Turbomachinery Solutions division and is also present in Lombardy, Calabria and Apulia. Another Memorandum of Understanding has been signed in the last weeks between Avio Aero - a GE Aviation business - and the Italian Minister of Economic Development, consisting of EUR200M over the next four years and involving Piedmont, Apulia and Campania, the geographical areas in which Avio Aero employs about 4,000 people. The MoU announced today will see GE Oil & Gas operations invest $600M over the next five years establishing a centre of global excellence in Tuscany for the oil and gas sector that will involve 500 highly qualified people coming from GE, universities, research labs, and small and medium-sized enterprises. The project aims at increasing Italian production by 50% and increase company revenue by $1.7B in five years. The program, named Galileo, supports the development of gas turbines and centrifugal compressors with a 5-65MW power range and innovative digital technologies covering their entire life cycle with aim of optimising the performance and operative life of the products.
January 29, 2016
09:34 EDTGEActive equity options trading on open: AMZN MSFT FB AAPL GILD GE
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06:10 EDTGEGE intends to invest $760M in Italy R&D facilities, Bloomberg reports
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