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Stock Market & Financial Investment News

News Breaks
February 16, 2014
16:28 EDTUTX, GE, RYCEYSFO's Rolls-Royce bribery probe includes recent contracts, Telegraph says
Britainís Serious Fraud Office, SFO, investigation into alleged bribery at jet engine-maker Rolls-Royce (RYCEY) is also examining some Rolls Royce contracts won after the UKís new Bribery Act came into effect in July 2011, says the Telegraph. Note that GE Aviation, a subsidiary of General Electric (GE), and United Technologies' (UTX) unit Pratt & Whitney, are also top aircraft engine suppliers and competitors of Rolls-Royce. Reference Link
News For RYCEY;GE;UTX From The Last 14 Days
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November 24, 2014
07:01 EDTUTXUnited Technologies announces retirement of Chairman and CEO Louis Chenevert
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November 21, 2014
12:36 EDTGEMobileye growth story remains intact, says Wells Fargo
Wells Fargo attributes yesterday's pullback in Mobileye (MBLY) shares to concerns about the company's autonomous content in the long-term. Wells believes that while GM (GM) and Tesla (TSLA) semi-autonomous features initially will require only one EyeQ3 chip, the chip content will increase as the systems become more sophisticated. The firm thinks Mobileye's growth story remains intact and keeps an Outperform rating on the name. It raised its price target range for shares to $52-$56 from $51-$55.
08:08 EDTUTXUnited Technologies unit selected for $43M energy infrastructure project
NORESCO, a part of UTC Building & Industrial Systems, a unit of United Technologies, has won a $43M energy savings performance contract for work at Fort Jackson in Columbia, South Carolina, the U.S. Army's largest and most active basic combat training center.
06:18 EDTRYCEYRolls-Royce wns $5B Trent order for 50 aircraft from Delta Air Lines
Rolls-Royce (RYCEY) has won a $5B order for Trent engines and long-term TotalCare service support from Delta Air Lines (DAL) to power 50 new aircraft. Trent XWB engines will power 25 Airbus (EADSY) A350s and Trent 7000 engines will power 25 Airbus A330neo aircraft.
November 20, 2014
16:01 EDTGEBlackstone to puchase GE Japan's residential real estate
Blackstone (BX) announced that funds affiliated with Blackstone Real Estate Partners Asia will make an investment in connection with an agreement to acquire GE Japan's 100% owned residential real estate business for over •190B. The business owns and operates more than 200 residential properties, consisting of over 10,000 units primarily in Tokyo, Osaka, Nagoya and Fukuoka.
November 19, 2014
13:20 EDTGEGeneral Electric to partner with Chinese companies on energy, China Daily says
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08:04 EDTGEGE Healthcare announces Omnyx collaboration with Caradigm
GE Healthcare announced it will resell Caradigmís Single Sign-On and Context Management solutions in the United States, Canada, and specific EU countries to provide connectivity between the Omnyx digital pathology platforms and designated Anatomic Pathology Laboratory Information Systems.
06:18 EDTRYCEYDaimler targeting Chinese drivers to spur Maybach revival, FT reports
Daimler's (DDAIF) mothballed Maybach luxury brand is set to be relaunched in China, the Financial Times reports. Maybach, which will be relaunched as a top-end variant of Daimler's Mercedes-Benz, previously competed against Rolls Royce (RYCEY) and Bentley. Reference Link
November 18, 2014
05:36 EDTRYCEYRolls-Royce initiated with an Underperform at Credit Suisse
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November 17, 2014
17:19 EDTUTXSikorsky Aircraft awarded $535.34M government contract modification
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17:17 EDTUTXSikorsky Aircraft awarded $771.96M government contract modification
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10:31 EDTGEGE sees China order growth despite slowing economy, WSJ says
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November 14, 2014
09:38 EDTGEActive equity options trading
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08:04 EDTGEGE Capital provides $37.5M credit facility to Specialty's Cafe & Bakery
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08:00 EDTGEHalliburton, Baker deal would face 'intense' DOJ scrutiny, says Jefferies
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November 13, 2014
11:12 EDTGEHungary to buy Budapest from GE Capital, Reuters reports
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10:04 EDTGEGE opens $500M Brazil Technology Center
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07:26 EDTGEGE sees great infrastructure demand in developing markets, Reuters says
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06:31 EDTRYCEYAirbus A350-900 receives FAA Type Certification
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06:22 EDTRYCEYRolls-Royce expects to complete sale of energy unit to Siemens by year-end
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