Friday 6-20-2014 General Electric Company (GE) $GE
Post# of 204
Overall Average: 48% Buy
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Most active New York Stock Exchange-traded stocks
AP - Fri Jun 20, 5:05PM CDT
NEW YORK (AP) — A look at New York Stock Exchange 10 most-active stocks at the close of trading: (full story)
Final Glance: Tools and Appliances companies
AP - Fri Jun 20, 5:05PM CDT
NEW YORK (AP) — Shares of some top tools and appliances companies were mixed at the close of trading: (full story)
Business Highlights
By The Associated Press - AP - Fri Jun 20, 4:47PM CDT
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GE Wins the Support of the French Government for Alstom Bid
at The Street - Fri Jun 20, 2:59PM CDT
GE's offer beat out bids from Mitsubishi Heavy industries and Siemens for Alstom's businesses. (full story)
France throws support behind GE offer for Alstom
By GREG KELLER - AP - Fri Jun 20, 2:47PM CDT
PARIS (AP) — U.S. conglomerate General Electric Co. looked set Friday to win its months-long fight to acquire the power generation business of France's Alstom SA after the French government dropped its objections and threw its support behind the American offer. (full story)
GE Improves Alstom Power Bid, Siemens Follows Suit - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Jun 20, 2:30PM CDT
Pulling the ball back in its court, General Electric (GE) made a strong comeback to counter the Siemens-Mitsubishi offer for Alstom's energy assets by updating its offer to buy the French engineering group's energy assets. (full story)
General Electric Receives French Blessing and Caterpillar's Sales Plunge Continues
Daniel Miller, The Motley Fool - Motley Fool - Fri Jun 20, 2:04PM CDT
Dow Jones Industrial Average was trading 25 points higher, or 0.15%, by midafternoon after the index earlier hit a new record intraday high of 16,978.02 -- nearly reaching 17,000 for the first time in history. The S&P 500 was on pace to... (full story)
How Will General Electric (GE) Stock React To France's Approval Of Alstom Bid?
at The Street - Fri Jun 20, 1:03PM CDT
Shares of General Electric (GE) are flat on heavy trading as France's government backed a bid by GE for the country's struggling Alstom engineering group. (full story)
Middday Glance: Tools and Appliances companies
AP - Fri Jun 20, 12:26PM CDT
NEW YORK (AP) — Shares of some top tools and appliances companies are down at 1 p.m.: (full story)
France Backs GE Bid For Alstom, Will Take 20% Stake
at Investor's Business Daily - Fri Jun 20, 12:01PM CDT
General Electric (GE) seems to have won the fight for Alstom. An industrial minister said France will enter an alliance with GE on the deal despite a sweetened offer for Alstom's energy division on Friday. Arnaud Montebourg, France's Minister of... (full story)
Stocks Rise as S&P 500 Extends Record High
at The Street - Fri Jun 20, 11:07AM CDT
Benchmark U.S. stock indices open higher, heading for weekly gains on the Fed's supportive policy announcement. (full story)
How Will General Electric (GE) Stock Be Affected By GE Capital Bank Fine?
at The Street - Fri Jun 20, 10:20AM CDT
The Consumer Financial Protection Bureau ordered GE Capital Bank to pay an estimated $225 million to consumers 'harmed by illegal and discriminatory credit card practices.' (full story)
Early Glance: Tools and Appliances companies
AP - Fri Jun 20, 9:35AM CDT
NEW YORK (AP) — Shares of some top tools and appliances companies are up at 10 a.m.: (full story)
Will General Electric (GE) Stock Be Affected By Increased Siemens (SIEGY), Mitsubishi ( MHVYF) Alstom Bid?
at The Street - Fri Jun 20, 8:33AM CDT
Siemens (SIEGY) and Mitsubishi Heavy Industries (MHVYF) increased their joint bid on Alstoms energy business by 1 billion euros on Friday. (full story)
Siemens, Mitsubishi Sweeten Alstom Power Offer
at The Street - Fri Jun 20, 8:30AM CDT
Siemens and Mitsubishi Heavy Industries on Friday improved their offer for Alstom's power unit, adding $1.6 billion of cash, to see off rival bidder General Electric. (full story)
Attract and Interact: New GE Monogram Initiatives Draw in Designers, Consumers
Business Wire - Fri Jun 20, 8:00AM CDT
GE Monogram(R) has recently introduced a number of industry-first, luxury appliances, as well as engaging programs and resources for the high-end design community. As demand from affluent consumers grows, GE Monogram offers more ways for consumers and customers to interact with the brand. Read on for the latest news on three key announcements and initiatives. (full story)
Stock Futures Trade Flat as Iraq Troubles Weigh
at The Street - Fri Jun 20, 7:27AM CDT
Stock futures suggest weekly gains for the major indices, but further upside remains restricted by the troubles igniting in Iraq. (full story)
Blackrock Bought Shares of Vestas Wind Systems: Should You Follow, or Buy General Electric?
Jason Hall, The Motley Fool - Motley Fool - Fri Jun 20, 7:11AM CDT
Vestas Wind Systems stock has crushed the market since the beginning of 2013, up some 760%, as the management team has made significant steps to "right-size" its business, and shift some of the manufacturing to third parties in order to reduce... (full story)
Energy Investors Funds Acquires Hess Corporation's 50 Percent Equity Stake in GE-Powered Newark Energy Center in New Jersey with Financing from Credit Agricole, GE and MUFG
Business Wire - Fri Jun 20, 7:00AM CDT
Energy Investors Funds ("EIF" , an energy-focused private equity firm, announced today that two EIF-managed funds have indirectly acquired an additional 50 percent ownership stake in the Newark Energy Center from Hess Corporation (NYSE: HES) using a $590 million loan from Credit Agricole Corporate and Investment Bank, GE unit (NYSE: GE) GE Energy Financial Services and Mitsubishi UFJ Financial Group (MUFG). EIF-NEC, LLC, an entity jointly owned by the two EIF-managed funds, will use the loan to support the acquisition, construction and operation of the 705-megawatt power plant, which is being built using GE's advanced combined-cycle, natural gas-fired turbine technology. With this acquisition, EIF-NEC now holds 100% of the equity interests in the Newark Energy Center. The three lenders served as co-lead arrangers and joint-book runners. Financial details of the transactions were not disclosed. (full story)