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Stock Market & Financial Investment News

News Breaks
July 17, 2014
08:52 EDTGEGE, JV companies garner over $36B in orders/commitments at Farnborough Air Show
GE Aviation and its joint venture companies, including CFM International, a 50/50 joint company between GE and Snecma, announced more than $36B in orders and commitments at this week’s Farnborough Air Show. The orders and commitments included more than 1,100 GE and CFM engines as well as OnPoint solution agreements for engine maintenance, repair and overhaul.
News For GE From The Last 14 Days
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September 16, 2014
06:54 EDTGEGE evades geared design in jet engine war versus Pratt, Reuters says
GE's (GE) Chief Technology Officer Mark Little said that the company evaded using a geared design for its new engine for narrowbody aircrafts due to worries about weight and soundness, as the company duels with competitor Pratt & Whitney for engine orders, according to Reuters, citing comments from Little. Pratt & Whitney is part of United Technologies (UTX). Reference Link
September 15, 2014
11:09 EDTGERadioShack rises after CFO resigns, analyst suggests Amazon should buy stores
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07:19 EDTGESNIA to hold a conference
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September 12, 2014
13:46 EDTGEGE scraps contract to build Acu Port plant, WSJ says
One of GE's Brazilian divisions scraped a contract to construct an industrial plant at Brazil's Acu Port in Rio de Janeiro, according to The Wall Street Journal, citing the port's operator. The CEO of Prumo Logistica Global Edwardo Parente said that another GE arm has entered discussions with Prumo regarding interest to lease a more expensive piece of land within the port. Reference Link
September 11, 2014
14:10 EDTGEIndia to invest $100B in renewable energy, Economic Times says
India will invest $100B in renewable energy over the next four years, the country's Power, Coal and Renewable Energy Minister Piyush Goyal said today, according to Economic Times. The country has also decided not to impose tariffs on foreign solar energy companies, the minster indicated, according to the newspaper. Publicly traded solar energy companies include Canadian Solar (CSIQ), First Solar (FSLR), JA Solar (JASO), SunPower (SPWR), Trina Solar (TSL) and Yingli Green Energy (YGE). GE (GE) makes wind turbines. Reference Link
September 10, 2014
09:59 EDTGEGE Oil & Gas expects onshore industry to see 6% growth rate between 2014-2017
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09:46 EDTGEGE Oil and Gas sees increasing use of downstream
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09:20 EDTGEGE Oil & Gas selected by Freeport LNG for LNG export project
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09:11 EDTGEGeneral Electric sees 1.5% oil demand growth and 3.5% gas demand growth
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09:09 EDTGEGE provides technology, capital to quicken Texas project construction
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09:07 EDTGEGE, Statoil, Ferus Natural Gas Fuels announce pilot project expansion
A joint venture of GE (GE) and Ferus Natural Gas Fuels,along with Statoil (STO) announced the planned expansion of a pilot project to capture flare gas and use it to power up to six of Statoil’s drill rigs and one frac fleet in North Dakota. The expansion is the first step by Statoil to move into full commercial adoption of the GE and Ferus NGF joint venture’s Last Mile Fueling Solution, which is expected to reduce emissions and provide cost-savings and logistics solutions for the company’s Bakken oilfield operations. The company anticipates this new commercial expansion will increase its flare gas capture to between 3M-5M standard cubic feet per day by the end of 2014, equating to GHG emissions reductions of between 120K and up to 200K metric tons per year, or the equivalent of removing between 25K-45K cars from the road.
September 9, 2014
06:25 EDTGEGeneral Electric to focus on finance, industrial equipment, WSJ reports
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September 8, 2014
12:18 EDTGEOn The Fly: Midday Wrap
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11:04 EDTGEGeneral Electric to host investor meeting
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08:18 EDTGEElectrolux sees GE Appliances transaction accretive to EPS in year one
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08:03 EDTGEGeneral Electric, Accenture launch Intelligent Pipeline Solution
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06:25 EDTGEAlstom unit accused of bribing officials EUR6M to win contracts, FT reports
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05:32 EDTGEGeneral Electric to sell appliances business to Electrolux AB for $3.3B
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05:29 EDTGEGeneral Electric to sell appliances business to Electrolux AB for $3.3B
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September 7, 2014
15:52 EDTGEGE's oil and gas unit set to outpace industry growth, Reuters says
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