GE Wins Alstom Board Approval; Govt Seeking 20% Stake - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Jun 23, 1:25PM CDT
General Electric (GE) won unanimous approval of the French conglomerate Alstom's board to acquire its energy assets in a $16.9 billion deal, taking it a step closer to clinching its biggest acquisition ever.
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.
United Tech Amends Canada Deal, Reaffirms Guidance - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jun 19, 5:30PM CDT
United Technologies (UTX) declared that Sikorsky has amended a contract agreement with the Canadian Government. The amended contract will allow Canada to replace its maritime fleet with 28 Sikorsky's CH148 Cyclone helicopters.
Sikorsky Copters Validated in Europe - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed May 21, 10:10AM CDT
Sikorsky Aircraft Corp., a subsidiary of United Technologies Corp. (UTX), recently received certification from the European Aviation Safety Agency (EASA) for its S-92 helicopters.
GE, CTSI to Build Cancer Network in India - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Mar 28, 10:50AM CDT
GE Healthcare recently formed a strategic partnership with Cancer Treatment Services International to launch a chain of 25 cancer care centres in India.
Falling Earnings Estimates Signal Weakness Ahead for Raven (RAVN) - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Fri Mar 21, 7:49AM CDT
It may be a good decision to sell Raven as its price dropped significantly in the past four weeks, the stock witnessed a negative trend in earnings estimate revisions and a poor Zacks Rank confirms weakness.
Raven Down to Strong Sell - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Mar 20, 3:00PM CDT
Zacks Investment Research has downgraded Raven to a Zacks Rank #5 (Strong Sell).
3M's China Growth at Triple Pace - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Mar 18, 3:30PM CDT
3M recently projected that sales in China will triple in the next five years compared to the rest of the world, driven by a huge demand for health and consumer products such as face masks and water filters.
Japan, Myanmar sign investment pact
ELAINE KURTENBACH - AP - Sun Dec 15, 12:15AM CST
TOKYO (AP) — Japan and Myanmar on Sunday signed an investment treaty to nurture closer business ties as the once secluded Southeast Asian country opens its fast-growing economy to more foreign commerce.
GE's 2Q Operating Earnings Marginally Beat - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Jul 19, 10:38AM CDT
General Electric reported relatively disappointing second quarter 2013 results with operating earnings of $3.7 billion or 36 cents a share compared to $4.0 billion or 38 cents a share in the year-ago quarter.
Japan gives Myanmar $504M loan, forgives debt
By AYE AYE WIN - AP - Sun May 26, 5:14AM CDT
YANGON, Myanmar (AP) — Japan's government on Sunday extended its first loan to Myanmar in 26 years and canceled the remainder of the Southeast Asian country's debt, as Tokyo looks to re-establish strong economic ties with the former pariah nation.
Abe on 1st trip to Myanmar by Japan PM in 36 years
By AYE AYE WIN - AP - Fri May 24, 8:49AM CDT
YANGON, Myanmar (AP) — Prime Minister Shinzo Abe arrived in Myanmar on Friday on the first visit to the country by a Japanese leader in 36 years, as Tokyo bids to reassert its position as a top economic partner after decades of frosty relations with the previous military regime.
Deal signed to clear Myanmar debt, allow new loans
By AYE AYE WIN - AP - Sun Jan 27, 9:56PM CST
YANGON, Myanmar (AP) — The World Bank announced a long-awaited deal to allow Myanmar to clear part of its huge decades-old foreign debt, opening the door for new much-needed lending to jumpstart its lagging economy.