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.
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.
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.