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Stock Market & Financial Investment News

News Breaks
June 24, 2014
06:32 EDTGEGE Oil & Gas awarded order by Denmark-based Maersk Drilling
GE Oil & Gas announced it has received an order for the offshore oil and gas industry’s first 20,000-psi rated deepwater blowout preventer stack and riser systems from Copenhagen, Denmark-based Maersk Drilling. The equipment, due to enter service in the 1H of 2018, is being supplied for Maersk and BP as part of their joint Project 20K Rigs design program.
News For GE From The Last 14 Days
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March 31, 2015
08:07 EDTGEGE Energy Financial Services partners with Pacifico for solar power project
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March 27, 2015
06:01 EDTGEGE Transportation signs locomotive deal with Angola
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March 26, 2015
09:20 EDTGEGeneral Electric acquires Langhope rig wind farm from SSE
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07:25 EDTGEThe Economist to hold a forum
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06:46 EDTGEGeneral Electric raises Lufkin job cuts to 575, Bloomberg says
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March 24, 2015
11:13 EDTGEGeneral Electric's Intelligent Platforms business awarded contract by Air Force
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March 23, 2015
06:06 EDTGEAres Management, GE Capital invests in package supporting KKR acquisition
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06:03 EDTGEU.S. Multi-Industry sector downgraded to Neutral at Barclays
Barclays downgraded the U.S. Multi-Industry space to Neutral from Overweight saying rising headwinds could limit share upside to mid-single-digit levels in 2015, with only slight improvement in 2016. The firm believes the credit cycle is peaking and views the U.S. Dollar strength along with lower oil prices as headwinds. Concurrent with sector rating change, Barclays downgraded Dover (DOV), Grainger (GWW), Xylem (XYL) and WESCO (WCC) to Equal Weight from Overweight. It also upgraded Tyco (TYC) to Overweight from Equal Weight and Lennox (LII) to Equal Weight from Underweight, calling both defensive names in the space. The firm is also "comfortable" owning General Electric (GE), Honeywell (HON), Sensata (ST) and HD Supply (HDS) at current levels. It prefers waiting for pullbacks to buy shares of 3M (MMM).
March 19, 2015
11:38 EDTGEGE Marine announces Reinauer purchases two diesel engines, gearboxes
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06:10 EDTGEPhilips planning to spin off lighting business in IPO in 1H16, WSJ reports
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