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Stock Market & Financial Investment News

News Breaks
December 24, 2012
08:00 EDTMR, GEMindray Medical may face near-term uncertainties in U.S., says Oppenheimer
After speaking with Mindray (MR), Oppenhimer learned that the company has started to restructure its North America site, which may involve major personnel changes. The firm thinks that U.S. hospitals may delay their spending decisions due to macro concerns, but it notes that GE (GE) may acquire small Chinese medical device companies, and it maintains an Outperform rating on Mindray.
News For MR;GE From The Last 14 Days
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May 21, 2013
10:33 EDTGEBoeing confirms completion of 747-8 test flight
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08:44 EDTGERegulators to soon vote on non-banks, WSJ reports
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May 20, 2013
07:05 EDTGEGeneral Electric volatility flat into plans to return $18B to holders
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06:31 EDTGEGE Capital board plans to pay $6.5B of dividends to parent GE in 2013
GE announced that the board of GE Capital Corporation, or GECC, had approved plans for GECC to pay $6.5Bin dividends in 2013 to GE. Earnings-dividend payments, which are subject to GECC Board and GE Board Risk Committee approvals, are planned at 30% of GECC's total 2013 earnings. GECC paid the first-quarter earnings-dividend of $447M to GE on April 19, 2013. In addition, GECC plans $4.5B in special dividends to GE in 2013, subject to the same approvals. Under its balanced capital allocation plan of investing for its long-term growth, maintaining an attractive dividend pay-out and repurchasing stock, GE plans to return $18B cash to its shareholders in 2013, including repurchase of $10B of stock.
May 15, 2013
17:30 EDTGEGE, Boeing warn of defective engine parts, WSJ reports
General Electric (GE) said more than 70 Boeing (BA) 777 models may be affected by an engine manufacturing defect, reports The Wall Street Journal. Reference Link
17:03 EDTGESoros gives quarterly update on stakes
NEW STAKES: MeadWestvaco (MWV), Brocade (BRCD), Red Hat (RHT), Liberty Global (LBTYK), and VMware (VMW). INCREASED STAKES: Google (GOOG), Liberty Global (LBTYA), EQT Corp (EQT), Charter (CHTR), and US Airways (LCC). DECREASED STAKES: Citigroup (C), AIG (AIG), Apple (AAPL), Invesco (IVZ), and Motorola Solutions (MSI). LIQUIDATED STAKES: JPMorgan (JPM), General Electric (GE), CF Industries (CF), Morgan Stanley (MS), and Capital One (COF).
07:33 EDTGENational Association of Business Economics to hos a conference
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May 14, 2013
07:23 EDTGEOppenheimer to host a summit
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07:11 EDTGEChina XD in talks to purchase GE’s Prolec joint venture, Bloomberg reports
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06:09 EDTGEOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: North American oil production will dominate world-wide supply growth over the next five years, the International Energy Agency predicted today, the result of growing production from "fracking" and other technologies that access once-inaccessible reserves, the Wall Street Journal reports...REUTERS: Investors are becoming increasingly selective about which bonds and stocks they buy in Southeast Asia's fast-growing economies as the risk of policy bungling makes them more discerning, Reuters reports...State-run Air India Ltd will resume flying its Boeing (BA) 787 Dreamliner passenger jets tomorrow, nearly four months after the planes were grounded due to safety concerns. Air India has six Dreamliners and has ordered 21 more, Reuters reports...BLOOMBERG: China XD Group, a state-controlled power equipment maker, is in talks to buy GE’s (GE) joint venture with Mexico’s Xignux SA for about $1B, sources say, Bloomberg reports...Philadelphia Fed President Charles Plosser said today in Stockholm that a slowing in U.S. inflation to the lowest rate in more than three years doesn’t warrant a Fed policy response, Bloomberg reports.
May 8, 2013
09:34 EDTMRMindray Medical downgraded to Neutral from Buy at BofA/Merrill
BofA/Merrill downgraded Mindray Medical due to weakness in emerging market sales following the Q1 report.
09:07 EDTGENextEra Energy selects General Electric's new brilliant wind turbine
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May 7, 2013
08:05 EDTGEGE Transportation signs agreement with Aurizon
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