Stock Market & Financial Investment News

News For GE;TOSBF From The Last 14 Days Check below for free stories on GE;TOSBF the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. May 22, 2013 07:24 EDT GE Electrical Products Group to host a conference Subscribe for More Information May 21, 2013 10:33 EDT GE Boeing confirms completion of 747-8 test flight Subscribe for More Information 08:44 EDT GE Regulators to soon vote on non-banks, WSJ reports Subscribe for More Information May 20, 2013 07:05 EDT GE General Electric volatility flat into plans to return $18B to holders Subscribe for More Information 06:31 EDT GE GE Capital board plans to pay $6.5B of dividends to parent GE in 2013 GE announced that the board of GE Capital Corporation, or GECC, had approved plans for GECC to pay $6.5Bin dividends in 2013 to GE. Earnings-dividend payments, which are subject to GECC Board and GE Board Risk Committee approvals, are planned at 30% of GECC's total 2013 earnings. GECC paid the first-quarter earnings-dividend of $447M to GE on April 19, 2013. In addition, GECC plans $4.5B in special dividends to GE in 2013, subject to the same approvals. Under its balanced capital allocation plan of investing for its long-term growth, maintaining an attractive dividend pay-out and repurchasing stock, GE plans to return $18B cash to its shareholders in 2013, including repurchase of $10B of stock. 05:58 EDT TOSBF Advanced Semiconductor acquires shares of Wuxi Tongzhi for RMB 70M from Toshiba Subscribe for More Information May 15, 2013 17:30 EDT GE GE, Boeing warn of defective engine parts, WSJ reports General Electric (GE) said more than 70 Boeing (BA) 777 models may be affected by an engine manufacturing defect, reports The Wall Street Journal. Reference Link 17:03 EDT GE Soros gives quarterly update on stakes NEW STAKES: MeadWestvaco (MWV), Brocade (BRCD), Red Hat (RHT), Liberty Global (LBTYK), and VMware (VMW). INCREASED STAKES: Google (GOOG), Liberty Global (LBTYA), EQT Corp (EQT), Charter (CHTR), and US Airways (LCC). DECREASED STAKES: Citigroup (C), AIG (AIG), Apple (AAPL), Invesco (IVZ), and Motorola Solutions (MSI). LIQUIDATED STAKES: JPMorgan (JPM), General Electric (GE), CF Industries (CF), Morgan Stanley (MS), and Capital One (COF). 07:33 EDT GE National Association of Business Economics to hos a conference Subscribe for More Information May 14, 2013 10:49 EDT TOSBF Dell accuses optical disk drive makers of price-fixing, Bloomberg says Subscribe for More Information 07:23 EDT GE Oppenheimer to host a summit Subscribe for More Information 07:11 EDT GE China XD in talks to purchase GE’s Prolec joint venture, Bloomberg reports Subscribe for More Information 06:09 EDT GE On the Fly: Periodicals Wrap-Up WALL STREET JOURNAL: North American oil production will dominate world-wide supply growth over the next five years, the International Energy Agency predicted today, the result of growing production from "fracking" and other technologies that access once-inaccessible reserves, the Wall Street Journal reports...REUTERS: Investors are becoming increasingly selective about which bonds and stocks they buy in Southeast Asia's fast-growing economies as the risk of policy bungling makes them more discerning, Reuters reports...State-run Air India Ltd will resume flying its Boeing (BA) 787 Dreamliner passenger jets tomorrow, nearly four months after the planes were grounded due to safety concerns. Air India has six Dreamliners and has ordered 21 more, Reuters reports...BLOOMBERG: China XD Group, a state-controlled power equipment maker, is in talks to buy GE’s (GE) joint venture with Mexico’s Xignux SA for about $1B, sources say, Bloomberg reports...Philadelphia Fed President Charles Plosser said today in Stockholm that a slowing in U.S. inflation to the lowest rate in more than three years doesn’t warrant a Fed policy response, Bloomberg reports. May 9, 2013 14:55 EDT TOSBF FTC approves modified final order on Western Digital purchase The Federal Trade Commission approved and issued a modified final decision and order settling charges that Western Digital’s (WDC) proposed acquisition of rival Hitachi Global Technologies would have been anticompetitive in the market for hard disk drives used in desktop PCs. The proposed order settling the FTC’s charges, first announced on March 5, 2012, required Western Digital to sell assets used to manufacture and sell desktop computer hard disk drives to Toshiba (TOSBF) to resolve the agency’s competition concerns. The FTC has approved several modifications to the proposed order to incorporate adjustments that Western Digital and Toshiba Corporation, the buyer of the divested assets, made in the transaction documents. The final order provides for the additional time Western Digital required to complete the divestiture in order to obtain the necessary approvals from other relevant competition authorities and also includes revised production and asset transfer schedules, and extended time in which Western Digital will have access to certain employees. The FTC has also approved changes to the Divestiture Agreement and Contract Manufacturing Agreement to reflect the changes to the remedial agreements made by Western Digital and Toshiba Corporation. May 8, 2013 09:07 EDT GE NextEra Energy selects General Electric's new brilliant wind turbine Subscribe for More Information Sign up for a free trial to see the rest of the stories you've been missing.