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Stock Market & Financial Investment News

News Breaks
August 5, 2014
07:45 EDTMIC, GEMacquarie Infrastructure acquires interest in wind power facilities
Macquarie Infrastructure (MIC) announced that it has invested $11.5M, excluding transaction-related costs, in a noncontrolling interest in Idaho Wind Partners 1, a portfolio of 183 megawatts of wind power generating facilities, near Twin Falls, Idaho. MIC funded the transaction with available cash. The transaction increases the aggregate power generating capacity of MIC’s Contracted Power and Energy segment to approximately 96 megawatts. The CP&E portfolio consists of investments in five solar facilities and two wind power generating projects, including the Idaho facilities. In addition to MIC, facility owners include GE (GE) unit GE Energy Financial Services, Atlantic Power and Ruby Renewable Resources.
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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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September 4, 2014
11:20 EDTGEStocks with increasing options volume
Stocks with increasing options volume: BP VMW SCTY X GE MBLY VALE DDD
11:19 EDTGEElectrolux close to buying GE appliance unit for $2.5B Reuters reports
Electrolux (ELUXY) is near a deal to buy General Electric's (GE) appliance business for more than $2.5B, Reuters reports, citing people familiar with the matter. A deal could be announced as soon as next week, Reuters added. Reference Link
10:46 EDTGEGE near deal to sell appliance unit to Electrolux for over $2.5B, Reuters says
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September 3, 2014
07:01 EDTGEGE Healthcare announces SenoClaire FDA approval
GE Healthcare, a unit of GE, announced the FDA approval of SenoClaire. In collaboration with Massachusetts General Hospital, GE developed SenoClaire technology that uses a low-dose short X-ray sweep around the positioned breast with nine exposures acquired with a “step-and-shoot” method, removing the potential motion from the tube helping to reduce blur and increase image sharpness.
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