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Stock Market & Financial Investment News

News Breaks
March 24, 2014
08:34 EDTGE, GMTGATX announces acquisition of over 18,500 railcars from GE Capital Rail Services
GATX Corporation (GMT) announced its purchase of GE Capital Rail Services’ (GE) North American per diem boxcar fleet, consisting of more than 18,500 boxcars. The purchase price was approximately $340M. Brian A. Kenney, president and CEO of GATX said, “The transaction is expected to be immediately accretive, although at this point we are not adjusting our previously announced 2014 earnings guidance.” GATX expects the acquired fleet to generate approximately $70M in annual revenue. The average age of the fleet is 34 years relative to the statutory life of 50 years.
News For GMT;GE From The Last 14 Days
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July 30, 2015
17:50 EDTGEGE exec sees $10B in projects going overseas due to Ex-Im trouble, Reuters says
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July 29, 2015
05:30 EDTGEGE Healthcare to invest $1B for training and education solutions by 2020
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July 28, 2015
10:07 EDTGEGE in talks to sell assets to Ansaldo Energia, Reuters reports
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July 27, 2015
12:46 EDTGEAlstom to accept EUR300M hit to assist GE deal completion
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06:38 EDTGEGE intends to be 'sizable' player in energy storage market, Reuters reports
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July 24, 2015
15:17 EDTGECapital One, Apollo Global weigh final bids for GE unit, Bloomberg says
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10:00 EDTGMTOn The Fly: Analyst Upgrade Summary
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08:20 EDTGMTGATX Corp. upgraded on favorable business model at Stifel
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06:18 EDTGMTGATX Corp. upgraded to Buy from Hold at Stifel
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July 23, 2015
08:34 EDTGMTGATX Corporation affirms FY15 EPS $5.15-$5.35, consensus $5.26
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08:32 EDTGMTGATX Corporation reports Q2 EPS $1.15, consensus $1.22
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08:11 EDTGEGE's CDF unit extends inveotry finance program with Husqvarna Group
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July 22, 2015
07:23 EDTGEFrench minister 'reassured' by elements of Alstom, GE deal talks, Reuters says
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July 20, 2015
16:20 EDTGEFederal Reserve establishes enhanced standards for GE Capital
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09:04 EDTGEGE chooses Microsoft Office 365 fro employee collaboration and productivity
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06:16 EDTGEAlstom sees General Electric deal completed in coming months, Reuters reports
Alstom (ALSMY) expects to complete the transaction with GE (GE) in the coming months, Reuters reports. Reference Link

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