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Elmhurst, Illinois (Illinois) US
Engineering Services, Computer Software, Valves, Pumps, Sensors, Computer Network Services, Compressed Air or Gas Equipment, Circuit Protection Equipment, Industrial Drying Plant or Equipment, Heat Treatment Services, Gaskets, Test and Measurement Instrumentation, Asset Management, Calibration Test Equipment, Capacitors...
TEL: 630-530-6656
http://www.gepower.com/prod_serv/serv_for/multi_vendor_serv.htm
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The US Air Force has narrowed the competition for designing and building a demonstrator for the next high-performance military engine to one company. General...
(AP Photo/General Electric via Business Wire) NO SALES In this Nov. 15, 2009 photo released by General Electric via Business Wire, General Electric Chairman and CEO Jeff Immelt, right center, and Aviation Industry Corp.
In this Nov. 15, 2009 photo released by General Electric via Business Wire, General Electric Chairman and CEO Jeff Immelt, right center, and Aviation Industry Corp. of China (AVIC) President Lin Zuoming, shake hands at an announcement in Beijing, China.
General Electric's aviation unit is teaming with Aviation Industry Corp. of China to develop and market electronic systems for commercial aircraft customers, including the C919 narrow-body aircraft that China hopes will compete with jets made by industr...
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Nov 18, 2009 (Fresh Brewed Media via COMTEX) --
General Electric (NYSE: GE) opened at $16.01. So far today, the stock has hit a low of $15.95 and a high of $16.14. GE is now trading at $16.02, unchanged (0%). Over the last 52 weeks the stock has ranged from a low of $5.73 to a high of $19.30. Goldman Sachs reiterated a Buy rating on GE stock this morning. Technical indicators for the stock are neutral and S&P gives GE a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on GE the stock seems like it could be a candidate for a January out-of-the-money bull-put credit spread below the 14 range.
ABR-Seven Summits Strategic Investments NewsBite Goto www.iotogo.com/18w1 for our free report titled, The 18 Ways To Know When It's Time To Dump A Stock
Companies: General Electric Co. (GE)
Nov 17, 2009 (Datamonitor Financial Deals Tracker via COMTEX) --
General Electric Company (GE), a US-based industrial conglomerate, has signed a memorandum of understanding to form a joint venture with Shenhua Group Corporation Limited, a China-based coal company, to develop and promote clean coal technology.
The collaboration combine GE's expertise in gasification and cleaner power generation technology with Shenhua's expertise in building and operating coal gasification and coal-fired power generation facilities.
Both the companies are planning to set up a company by mid-2010 to improve the cost and performance of commercial-scale gasification and integrated gasification combined cycle, or IGCC, power plants.
Deal Type Partnership Sub-Category Joint Venture Deal Status Announced: 2009-11-17
Deal Participants
Partner 1 (Company) Shenhua Group Corporation Limited Partner 2 (Company) General Electric Company
Tags: china coal commercial conglomerate industrial joint venture partnership power plant technology
Companies: General Electric Co. (GE)
Nov 13, 2009 (Datamonitor Financial Deals Tracker via COMTEX) --
United Technologies Corporation (UTC), a provider of products and services to the building systems and aerospace industries, has reached an agreement to acquire GE Security, Inc. from General Electric Company, an industrial conglomerate, for $1,820 million. All the companies are based in the US
GE Security supplies security and life safety technologies through a product portfolio for commercial and residential applications that include fire detection and life safety systems, intrusion alarms, and video surveillance and access control systems.
Rumor (August 27, 2009):
According to The Financial Times, industry sources reported that UTC may consider the acquisition of GE Security from GE.
Reportedly, Robert Bosch GmbH and Tyco International, Ltd. are also interested in the acquisition, which is estimated to be worth $2,000 million.
JPMorgan is acting as financial advisor to GE on this sale. Wachtell, Lipton, Rosen & Katz LLP is acting as legal advisor to UTC.
Deal Value (US$ Million) 1820 Deal Type Acquisition Sub-Category Majority Acquisition Deal Status Announced: 2009-11-12
Deal Participants
Target (Company) GE Security, Inc. Acquirer (Company) United Technologies Corporation Vendor (Company) General Electric Company
Deal Rationale
The sale of GE Security is part of GE's effort to exit lines of business that are not core to its operations. This acquisition enhances UTC Fire & Security's status as a franchise in the $100,000 million global fire safety and electronic security industry. The acquisition also strengthens UTC's North America footprint, extends capabilities and complements its existing fire and security businesses. The acquisition also brings additional product lines to the UTC portfolio, improves its aftermarket revenue potential and will deliver long-term value for UTC shareholders.
Tags: acquisition advisor aerospace business commercial conglomerate fire industrial legal north america products residential revenue security technology video
Companies: General Electric Co. (GE), United Technologies Corp. (UTX)
Nov 06, 2009 (Fresh Brewed Media via COMTEX) --
General Electric (NYSE: GE) opened at $14.98. So far today, the stock has hit a low of $14.83 and a high of $15.08. GE is now trading at $15.07, up $0.64 (4.44%). Over the last 52 weeks the stock has ranged from a low of $5.73 to a high of $19.75. GE was upgraded at Oppenheimer this morning to Outperform from Perform. In a note to investors, the analyst who upped the stock said GE's financial portfolio is stabilizing and the company's core industrial business is holding up relatively well. The analyst also said GE's stock price is attractive at the moment. Technical indicators for the stock are neutral and S&P gives GE a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on GE the stock seems like it could be a candidate for a March out-of-the-money bull-put credit spread below the 12 range.
ABR-Seven Summits Strategic Investments NewsBite Goto www.iotogo.com/18w1 for our free report titled, The 18 Ways To Know When It's Time To Dump A Stock
Tags: broker business industrial note nyse S&P
Companies: General Electric Co. (GE)
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Video Statistics Views: 963 | Added: March 21, 2009 Download Videos with our FL350 Premium Subscription! FL350 Rating: 3.13/5 Vote or Add a Comment No visitor votes! Our Rating: 3.13 (10 votes) Comments (1) Send Postcard Visitor Rating: Not enough votes (1 votes) Aircraft: Airbus A330-200 - Search
http://www.flightlevel350.com/Aircraft_Airbus_A330-200-Airline_Air_Algerie_Aviation_Video-11422.html
Description: The CF34 engine is a derivative of combat proven TF34 military engine, which powers US Air Force A-10 and US Navy S-3 Viking, intended for regional jet aircraft. It has an outstanding reliability, durability and availability specially suited to high frequency routes.
http://www.deagel.com/Turbofan-Engines/CF34-10_a001345003.aspx
In order to stimulate this interest and to allow investigation of future developments of the basic airframe with their own engines, General Electric bought from Sud-Aviation a Mk 3 Caravelle.
http://www.flightglobal.com/FlightPDFArchive/1961/1961%20-%200787.PDF
Aircraft Photo by Doug Robertson, N4AS, 2007 Bombardier CL-600-2B16, 2007 Bombbardier CL-600-2B16 CHALLENGER 604, two General Electric CF34-3B1 turbofans 9,220 lb st each, taxi
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