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News Breaks | | | | December 4, 2012 | | 15:00 EDT |  | GE | GE, KTZ, Transmashdiesel create diesel engine joint venture
GE Transportation has signed an agreement with Transmashdiesel and JSC National Company Kazakhstan Temir Zholy’s, or KTZ, subsidiary JSC Remlokomotiv to create a joint venture company to produce diesel engines in Astana, Kazakhstan. The formation of the JV is subject to various conditions precedent, including government and regulatory approvals. The JV will produce approximately 400 Evolution Series diesel engines a year to serve rail, marine and stationary power customers in the Commonwealth of Independent States region. The new JV intends to manufacture, sell, service, and provide spare parts for Evolution Series diesel engines. The joint venture partners plan to invest approximately $90M to build a new diesel engine facility in Astana, Kazakhstan, the partners stated. | |
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News For GE From The Last 14 Days Check below for free stories on GE the last two weeks. |
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| 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 | | 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 8, 2013 | | 09:07 EDT | | GE | NextEra Energy selects General Electric's new brilliant wind turbine
Subscribe for More Information | | | May 7, 2013 | | 08:05 EDT | | GE | GE Transportation signs agreement with Aurizon
Subscribe for More Information | | | May 6, 2013 | | 09:06 EDT | | GE | GE announces 1 gigawatt of U.S. wind orders following PTC decision
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