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Stock Market & Financial Investment News

News Breaks
December 28, 2012
08:06 EDTWWD, GEWoodward to acquire TRAS business from General Electric for $200M cash
Woodward announced that on December 27, it signed a purchase agreement with GE Aviation Systems (GE) to acquire the assets of its hydraulic thrust reverser actuation systems business located in Duarte, California for $200M in cash, and the parties have entered into a preferred supplier agreement for thrust reverser actuation systems. The transaction is expected to close later today.
News For WWD;GE From The Last 14 Days
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April 8, 2014
07:24 EDTGEPR News to hold a conference
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April 7, 2014
07:39 EDTGEBloomberg to hold a summit
The Future of Energy Summit 2014 is being held in New York on April 7-9.
April 4, 2014
08:02 EDTGESam's Club extends contract for branded credit card program with GE Capital
Samís Club, a division of Wal-Mart Stores (WMT), has finalized a multi-year agreement with GE Capital Retail Bank (GE) to extend their existing relationship to provide Samís Club-branded credit cards to club members in the U.S. and Puerto Rico. As part of the extension, GE Capitalís Retail Finance business will continue to manage and service the credit card programs for Samís Club Savings, Business and Plus members. Under the agreement, the Samís Club co-branded credit card programs will be converted to MasterCard (MA) later this year. Walmart has also extended their relationship with GE Capital Retail Bank and branded cards will transition to MasterCard later this year.
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