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Stock Market & Financial Investment News

News For MDT;CRDC;GE;SYK;AET From The Last 14 Days
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June 30, 2015
06:32 EDTGEGE announces continuation of regulatory review for sale of Appliances business
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06:32 EDTGEGE agrees to offer terms for European sponsor finance sale to SMBCE
GE announced that Sumitomo Mitsui Banking Corporation Europe, a wholly owned subsidiary of Sumitomo Mitsui Banking Corporation has made an agreed offer to acquire GEís European Sponsor Finance business for approximately $2.2B. GE Capital will retain its $1B investment in the European Senior Secured Loan Programme and European Loan Programme, both joint ventures between affiliates of GE Capital and affiliates of Ares Capital. When completed, the portfolio, which represents about $2.2B of ENI, will contribute approximately $400M of capital to the overall target of approximately $35B of dividends expected to GE under this plan. The transaction is subject to customary regulatory approval. It is expected to close in the third quarter of 2015. Bank of America Merrill Lynch and Citigroup Global Markets provided financial advice to GE and Clifford Chance provided legal advice. Since the April 10 announcement, GE has signed agreements to sell about $23B, including the European Sponsor Finance deal announced today with ENI of $2.2B. Other sales during the quarter include $1.2B of loans in our UK Home Lending portfolio, plus the previously announced $8.6B global Fleet Services business and the approximately $11B U.S. Sponsor Finance business. In addition, during the quarter, the sale of GE Capitalís Budapest Bank to the Hungarian State closed on June 29 and GE Capital Real Estate closed, in total, approximately $15B of previously announced sales.
06:18 EDTGESumitomo Mitsui close to deal to buy GE's European PE finance unit, WSJ reports
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June 29, 2015
18:13 EDTMDTMedtronic says AHA/ASA recommends stent retriever technology
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08:04 EDTGEBlackstone Mortgage completes acquisition of GE loan portfolio
Blackstone Mortgage (BXMT) announced that it has completed the acquisition of substantially all of the GE (GE) Capital Real Estate mortgage loan portfolio.
06:03 EDTAETAetna implied volatility of 38 at upper end of index
05:21 EDTGEGE to sell majority of fleet businesses to Element Financial for $6.9B
GE announced that it has reached an agreement to sell its U.S., Mexico, Australia and New Zealand fleet businesses to Element Financial for $6.9B. Separately, GE has signed a memorandum of understanding for the potential sale of its European fleet businesses to Arval, a fully owned subsidiary of BNP Paribas. Arval and GE will now consult with their respective works councils. The transactionsí completion will also be subject to customary regulatory and other local corporate or antitrust approvals. Both transactions represent an aggregate of about $8.6B of ending net investment, approximately $6.0B to Element and about $2.6B to Arval. This brings GE Capitalís total announced sales to about $63B to date. GE is on track to execute sales of $100B by the end of 2015. The transactions would, if completed, contribute approximately $1.8B of capital to the overall target of approximately $35B of dividends expected to GE under this plan. The U.S. and Mexico transaction is expected to close in Q3, and the A&NZ transaction in Q4, subject to customary regulatory and other approvals. If approved, the Arval transaction is targeted to close in Q4.
05:19 EDTGEGE to sell majority of fleet businesses to Element Financial for $6.9B
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June 28, 2015
17:37 EDTAETHumana deal could be announced Monday, WSJ says
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16:20 EDTGEGE requests July 2 hearing in EU to defend Alstom bid, Reuters says
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16:15 EDTGEElement Financial nears deal for GE fleet management unit, Reuters says
Element Financial is nearing a deal for a large portion of General Electric's fleet-management unit, Reuters reported Friday, citing three sources familiar with the matter. The agreement could be sealed as soon as late June, said the sources, who added that Element is mostly targeting the North American portion of the fleet business. Reference Link
June 26, 2015
16:32 EDTAETStocks end week lower with Greece still searching for deal
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11:00 EDTAETOptions with increasing implied volatility
Options with increasing implied volatility: SRPT AGO CRC WMB AMZN CMG TRIP ZTS AET MBI
07:59 EDTAETFBR 'lukewarm' on potential Aetna, Humana deal
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07:55 EDTAETAetna price target raised to $150 from $145 at Leerink
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06:12 EDTGEGeneral Electric to invest in Austrailan windfarm
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06:08 EDTAETAetna implied volatility of 40 at upper end of index
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06:01 EDTAETHumana could reach deal to sell itself by next week, NY Times reports
According to a source, Humana (HUM) is pursuing a deal to sell itself and an agreement could be reached by next week, The New York Times reports. Aetna (AET) and Cigna (CI) are said to be in the running to buy Humana. Bloomberg previously reported that a deal could be reached as early as this weekend. Reference Link
June 25, 2015
17:03 EDTAETVeracyte signs national network agreement with Aetna
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16:23 EDTAETOn The Fly: Top stock stories for Thursday
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