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Stock Market & Financial Investment News

News Breaks
January 15, 2013
18:55 EDTGE, WHRU.S. appliance sales fell in 2012, WSJ reports
Appliance shipments fell to 60.7M in 2012, down from 60.8M a year ago, while shipments of "core appliances," which the Association of Home Appliance Manufacturers defines as washers, dryers, dishwashers refrigerators, freezers, and ovens, fell 2.3% last year, according to a Wall Street Journal report. Reference Link
News For WHR;GE From The Last 14 Days
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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 EDTGEEU 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
13:07 EDTWHRWhirlpool management to meet with MKM Partners
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08:26 EDTGEArc Logistics to acquire all membership interests Joliet Bulk for $216M
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February 18, 2015
11:14 EDTGEGE, Alstom deal likely to face intense EU scrutiny, Reuters says
General Electric's (GE) deal for Alstom's (ALSMY) power equipment business is likely to face an intense EU antitrust investigation, says Reuters, citing people familiar with the matter. Reference Link
07:07 EDTGEBarclays to hold a conference
Industrial Select Conference is being held in Miami on February 18-19.

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