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Tag Archives: General Electric

Overnight Market News – February 26, 2010

26-Feb-10

Lloyds Banking Group Plc Posts an Operating Loss of GBP 6.3B for its Fiscal Year 2009, Slightly Down from a Loss of GBP 6.7B a Year Ago as Impairment Charges Grew by 60% UK’s Gross Domestic Product (GDP) Growth is Upwardly Revised for the Final Three Months in 2009 Unexpectedly Rising to 0.3%, up from [...]

Overnight Market News – December 1, 2009

01-Dec-09

General Electric Co Closes Deal With Vivendi SA to Purchase the French Company’s 20% Stake in NBC Universal for USD 5.8B Upon Pressure from its Government, Bank of Japan Will Provide JPY 10T in Short Term Loans to Commercial Banks in an Effort to Address Falling Prices De Beers, the World’s Largest Diamond Producer to [...]

Overnight Market News – November 26, 2009

26-Nov-09

General Electric Co Moves Closer to Selling Controlling Interest in NBC Universal to Comcast as CEO Jeffrey Immelt Meets with CEO of Vivendi SA, NBC’s Minority Owner Sony Corp in Discussions to Find Customers for Rechargeable Car Batteries, Plans to Enter Lithium-Ion Battery Market to Help Boost Earnings World Bank Approves USD 1.5B Loan to [...]

Overnight Market News – November 20, 2009

20-Nov-09

Japan’s Economy Falls into Deflation for the First Time Since 2006 Says Japanese Government, Central Bank Keeps Interest Rates on Hold at 0.1% General Electric Co and Vivendi SA Negotiations Slow as Both Companies are At Least USD 1B Apart in its Valuation of the French Company’s Stake in NBC Universal Dell Inc Third Quarter [...]

Overnight Market News – November 9, 2009

09-Nov-09

Kraft Foods Inc Expected to Officially Launch GBP 10B Hostile Bid for Cadbury PLC by Noon on Monday General Electric Co, Comcast Corp Agree on USD 30B Valuation for NBC Universal, Bringing them Closer to a Deal Morgan Stanley Looks to Sell its 34% Stake in Investment Bank, China International Capital Corp Sprint Nextel Corp [...]

Overnight Market News – November 2, 2009

02-Nov-09

CIT Group Inc Files for Chapter 11 Bankruptcy Protection Royal Bank of Scotland Group PLC Considers Additional Asset Sales as it Attempts to Exit Government-Backed Insurance Scheme China’s Manufacturing Sector Grew at Fastest Pace in 18 Months, with HSBC’s China Purchasing Manager’s Index Rising to 55.4 in October from 55.0 in September Comcast Corp (CMCSA) [...]

Overnight Market News – October 16, 2009

16-Oct-09

General Electric Co Beats Estimates Posting Earnings per Share of USD 0.22 for its Third Quarter (Q03 2009) Versus Analysts’ Estimates of USD 0.20 per Share Bank of America Corp Posts Q03 2009 Net Loss of USD 1B or USD 0.26 per Share Compared to Profit of USD 1.18B or USD 0.15 per Share a [...]

Overnight Market News – October 2, 2009

02-Oct-09

US Auto Sales for September Plunge 23% from Month Ago As “Cash for Clunker” Incentives Fade, General Motors Co and Chrysler LLC Leads Decline General Electric Co In Talks About Partnership or Initial Public Offering (IPO) for its NBC Universal Unit, Comcast Corp Shows Interests European Commission Raises Antitrust Concerns About Trans-Atlantic Alliance Between AMR [...]

Overnight Market News – September 15, 2009

15-Sep-09

Citigroup Inc Explores Options to Offload US Government’s 34% Interest in the Bank, May Raise Capital Through Stock Offering Bank of England to Consider Lowering Deposit Rate for Reserves to Spur Lending General Electric Co Acquires Norwegian Firm ScanWind as it Seeks to Penetrate Growing Offshore Wind Market US Federal Judge Throws Out the Securities [...]

General Electric Looks To Rebound

08-Sep-09

After inking a contract with Czech Power Company yesterday morning, General Electric Co. is enthusiastic about more positive developments to come, as it positions itself to rebound once the global economy recovers. Czech Power Company, which is known for its diversification across product lines and geographical locations, said that it is confident that one of [...]