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Stock Market & Financial Investment News

News Breaks
June 19, 2014
06:56 EDTALSMY, SI, GEAlstom CEO says Siemens can 'dream' of asset swap, Reuters says
Alstom (ALSMY) CEO Patrick Kron said that Siemens (SI) could "dream" of swapping assets with the French firm, according to Reuters, citing comments from Kron. Kron said, "They want our gas activities... and we should take their Transport business...well they are allowed to dream. At the end of the day, despite some impressions to the contrary, it will be the shareholders who decide." Alstom's board is set to choose between an offer from Siemens and Mitsubishi Heavy Industries and a rivaling bid from GE (GE). Reference Link
News For SI;ALSMY;GE From The Last 14 Days
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March 5, 2015
11:33 EDTGEGE says cautious on how it sees Brazil, still constructive on Mexico
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March 4, 2015
08:54 EDTGEGE to provide Stockholm Vatten with MBR equipment
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07:23 EDTGEGE CEO Immelt not leaving the company, TheStreet reports
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March 3, 2015
11:03 EDTGEAnalyst says GE's Immelt may leave in industrial CEO exodus, Bloomberg says
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10:52 EDTGEGeneral Electric March weekly volatility elevated, shares near three-month high
General Electric March weekly call option implied volatility is at 19, March is at 15, April and May is at 14, ; compared to its 26-week average of 15 according to Track Data, suggesting large near term price movement.
February 25, 2015
05:22 EDTGEGE Healthcare selected as strategic partner by Kenyan Ministry of Health
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February 24, 2015
18:02 EDTGEGeneral Electric director purchases $20M of company stock
According to regulatory filings, GE director William G. Beattie purchased 800,000 shares of GE for $20,096,000 on February 18 and 19.
February 23, 2015
12:07 EDTGE, ALSMYEU opens probe in GE's proposed acquisition of Alstom's energy business
The European Commission has opened an in-depth investigation to assess whether General Electric's (GE) proposed acquisition of the Thermal Power, Renewable Power & Grid businesses of Alstom (ALSMY) is in line with the EU Merger Regulation. The Commissionís preliminary investigation indicates potential competition concerns in the market for heavy-duty gas turbines which are mainly used in gas-fired power plants. The transaction would bring together the activities of GE, the world's largest manufacturer of heavy-duty gas turbines, with those of Alstom, eliminating one of the three main global competitors to GE in this market. The opening of an in-depth inquiry does not prejudge the final result of the investigation. The Commission now has 90 working days, until 8 July, to take a final decision. Reference Link
February 20, 2015
08:26 EDTGEArc Logistics to acquire all membership interests Joliet Bulk for $216M
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