Triumph Group to acquire GE Aviation's Hydraulic Actuation business for approximately USD70m
M2 - 56 mins ago
Triumph Group Inc (NYSE:TGI) announced on Tuesday the signing of a definitive agreement to acquire the hydraulic actuation business of GE Aviation, a division of GE (NYSE:GE).
United States Aircraft Engine and Engine Parts Manufacturing Industry and its International Trade 2014 Edition
M2 - 2 hrs 20 mins ago
Research and Markets (http://www.researchandmarkets.com/research/r3qkwx/aircraft_engine) has announced the addition of Supplier Relations US, LLC's new report "Aircraft Engine and Engine Parts Manufacturing Industry in the U.S. and its International Trade [2014 Edition]" to their offering. The Aircraft Engine and Engine Parts Manufacturing Industry report contains the most recent data and analysis on the industry's key financial data, cost and pricing, competitive landscape, industry structure. Also updated are the latest trade, shipment, and inventory data available through December 2013. This update provides the data necessary to make informed forecasts and business planning after the recent seasonal changes in output. This 173-page report includes the most recent information on the domestic market, global market and overseas growth opportunities. This report provides the most current data available, such as shipments, inventory and trade data available through December 2013, and sophisticated forecasts up to 2017 accounting for the affects of the recent economic recession. Industry analysts consider this report the most comprehensive and consistently updated guide to the industry. In this report, you will find industry data on the following major categories: - Executive Summary - Industry Income Statement - Industry Balance Sheet - Capital Expenditure - Industry Cost Analysis - Industry Pricing Analysis - Industry Foreign Trade - Industry Structure - Competitive Landscape Definition & Classification This U.S. industry comprises establishments primarily engaged in one or more of the following: - (1) manufacturing aircraft engines and engine parts; - (2) developing and making prototypes of aircraft engines and engine parts; - (3) aircraft propulsion system conversion (i.e., major modifications to systems); - (4) aircraft propulsion systems overhaul and rebuilding (i.e., periodic restoration of aircraft propulsion system to original design specifications). Companies Mentioned - AAR Corp. - Curtiss-Wright Corporation - Eaton Corporation - EDAC Technologies Corporation - First Aviation Services, Inc. - FLIR Systems, Inc. - General Electric Company - HEICO Corporation - Honeywell International Inc. - Innovative Solutions & Support, Inc. - Kreisler Manufacturing Corporation - Precision Castparts Corp. - Raytheon Company - Rolls-Royce - Sequa Corporation - SIFCO Industries, Inc. - TAT Technologies Ltd. - Teledyne Technologies Incorporated - Textron Inc. - Triumph Group, Inc. - United Technologies Corp. - United Technologies Corporation - Woodward Governor Company For more information visit http://www.researchandmarkets.com/research/r3...aft_engine Source: Supplier Relations US, LLC
Power plant becomes a model for cleaner operation
By DINA CAPPIELLO and KEVIN BEGOS - AP - 2 hrs 38 mins ago
HOMER CITY, Pa. (AP) — A massive coal-fired power plant in western Pennsylvania is turning from one of the worst polluters in the country to a model for how such a facility can clean up its act.
GE chief faces French solons
at Investor's Business Daily - Tue May 27, 5:50PM CDT
The conglomerate's CEO, Jeff Immelt, was a last-minute replacement for a subordinate to face interrogation by the French Parliament, according to Reuters. Immelt was expected to defend General Electric's (GE) $16.9 bil bid for Alstom's power...
Most active New York Stock Exchange-traded stocks
AP - Tue May 27, 5:09PM CDT
NEW YORK (AP) — A look at New York Stock Exchange 10 most-active stocks at the close of trading:
Final Glance: Tools and Appliances companies
AP - Tue May 27, 5:09PM CDT
NEW YORK (AP) — Shares of some top tools and appliances companies were mixed at the close of trading:
GE Hopes To Buy Branch Of French Company Alstom
at Investor's Business Daily - Tue May 27, 5:06PM CDT
General Electric (GE) CEO Jeff Immelt is trying to remake the global energy giant into a leaner, faster and more competitive company. He's trimming management and trying to come up with more products with higher margins. GE is also making a friendly...
Boeing Company Makes Another Purchase While GE Hopes to Complete Alstom Deal
Daniel Miller, The Motley Fool - Motley Fool - Tue May 27, 3:39PM CDT
The Dow Jones Industrial Average closed the trading day 69 points higher, or 0.42%, continuing the momentum that began before the holiday weekend. In positive news, the Conference Board, a private research group, said its Consumer Confidence...
After decades, dirty power plant to get clean
By DINA CAPPIELLO and KEVIN BEGOS - AP - Tue May 27, 3:38PM CDT
HOMER CITY, Pa. (AP) — Three years ago, the operators of one of the nation's dirtiest coal-fired power plants warned of "immediate and devastating" consequences from the Obama administration's push to clean up pollution from coal.
3 Reasons General Electric Company's $16.9 Billion Bid For Alstom's Energy Business Is a Great Move
Daniel Miller, The Motley Fool - Motley Fool - Tue May 27, 12:35PM CDT
General Electric 's $16.9 billion bid for the energy assets of French conglomerate Alstom continues to be at the forefront of the company's news. This would be the biggest acquisition in GE's history and would continue driving the company's...
Middday Glance: Tools and Appliances companies
AP - Tue May 27, 12:27PM CDT
NEW YORK (AP) — Shares of some top tools and appliances companies are mixed at 1 p.m.:
General Electric (GE) Approaches New Upside Target of $26.66
Comtex SmarTrend(R) - Tue May 27, 10:14AM CDT
Shares of General Electric (NYSE:GE) have bullishly opened above the pivot of $26.51 today and have reached the first resistance level of $26.58. Investors may be interested in a cross of the next upside pivot targets of $26.66 and $26.81.
GE Capital Provides $35.5 Million Credit Facility to Wendy's Franchisee Valenti Mid-South Management
Business Wire - Tue May 27, 10:00AM CDT
GE Capital's Franchise Finance business announced today that it has provided $35.5 million in senior debt to Valenti Mid-South Management, LLC, a major Wendy's franchisee based in Tampa, FL. The funds will be used to refinance most of the company's senior debt.
GE and WIBAX Energy AB Form Strategic Alliance to Distribute Water Treatment Products in the Nordic Region
GlobeNewswire - Tue May 27, 9:50AM CDT
GE (NYSE:GE) today announced that the Swedish company WIBAX Energy AB, part of the WIBAX Group, will distribute GE's water technologies in the Nordic region. The distribution agreement, which started on May 1, 2014, combines WIBAX's local expertise and GE's advanced technologies to create greater access to innovative water and process solutions in the Nordic region. The distribution agreement will cover Denmark, Sweden, Norway and Finland.
Early Glance: Tools and Appliances companies
AP - Tue May 27, 9:24AM CDT
NEW YORK (AP) — Shares of some top tools and appliances companies are mixed at 10 a.m.:
Le Pen Victory Hurts Chances for GE, Alstom Deal
at The Street - Tue May 27, 9:16AM CDT
With CEO Jeffrey Immelt in France to talk about his company's proposal to buy Alstom's energy business, Marine Le Pen's National Front wins significant new authority and will likely use it to oppose the attempt.
The NOW Corporation Wind Technology Looks to Power the Cannabis Industry
ACCESSWIRE - Tue May 27, 8:46AM CDT
WHITEFISH, MT / May 27, 2014 / The alternative energy and cannabis industries are perhaps two of the fastest growing industries in the United States. After the drug was legalized for adult recreational consumption in two U.S. states, many growing and dispensing operations sprung up to meet the increasing demand for the product. This has set the stage for a number of ancillary public companies like GrowLife Inc. (OTC: PHOT) and Creative Edge Nutrition Inc. (OTC: FITX) to capitalize on the multi-billion dollar marijuana industry.
Solar Energy Stocks Get Second Wind Following 2012 Collapse
at The Street - Tue May 27, 8:41AM CDT
The solar energy sector has been making some big noise for investors since bottoming out in 2012.
GE Distributed Power and Clarke Energy Driving Coal Seam Gas-to-LNG Expansion in Australia
Business Wire - Tue May 27, 8:02AM CDT
--Power Plants to Generate Reliable Electricity for Australia Pacific LNG's Reedy Creek and Eurombah Creek Coal Seam Gas Processing Facilities
Quality, Cost Are Key Factors in 'Re-Shoring' of Manufacturing Jobs, an Industrial Info News Alert
Marketwire - Tue May 27, 5:16AM CDT
Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- A growing number of U.S. industrial manufacturers are continuing to "re-shore" projects and jobs due to the higher quality of domestic work, the rising cost of overseas labor and the increased access to lower-priced raw materials in the U.S., Kip Anthony, president of EFE Labs (Horsham, Pennsylvania), told Industrial Info. The "re-shoring" trend is still accelerating, Anthony said, adding the day is not far off when the U.S. could be a net exporter of manufactured goods.