Reliance, Universal eye theme park in India-report
2010-07-30 06:24:30
Keywords: Industrial conglomerates,Consumer electronics,Household durables,
Quote: LOS ANGELES |Thu Jul 29, 2010 6:59pm EDT
LOS ANGELES July 29 (Reuters) - India's Reliance ADA Group
is in talks with Universal Studios to build a $1.5 billion, 400
acre theme park and resort in India, the Wall Street Journal
reported on Thursday citing a person familiar with the matter.Reliance's Big Entertainment unit and Universal, a unit of
General Electric Co's (GE.N) NBC Universal could reach a deal
this year, although one person familiar with the matter warned
the talks were at an early st...
Read articleUPDATE - Hitachi Q1 profit beats consensus, hikes H1 outlook
2010-07-30 06:24:27
Keywords: Industrial conglomerates,Germany,Western Europe,Europe,United States of America,Data processing services,Consumer electronics,Household durables,Japan,Asia,Corporate Results,Corporate Results Forecasts,Major Breaking News,
Quote: As Hitachi aims for its first annual net profit in five years
to better compete with the likes of Siemens (SIEGn.DE) and
General Electric (GE.N), it is boosting investment in
infrastructure-related areas such as power, industrial and IT
systems, where it can tap its network of 900 group firms. But first quarter profit growth came from more traditional
earnings drivers, with its construction machinery, chip-making
equipment and power plant systems businesses also contributing. Hitachi reported an...
Read articleReliance, Universal Entertain Idea of U.S.-Style Theme Park in India
2010-07-30 06:24:27
Quote: General Electric Co.'s NBC Universal, still are discussing terms, but could reach a deal this year. One person familiar with the matter warned, however, that talks are at an early stage, and could yet break down.A Reliance spokesman said his company doesn't comment on market speculation. Universal declined to comment.In addition to Universal's stable of Hollywood productions, the park would incorporate content from Mumbai's prolific film industry, known as Bollywood, potentially adding to recent...
Read articleUS House panel bucks Whouse, backs 2nd F-35 engine
2010-07-28 03:34:28
Keywords: Aerospace and defence,Aerospace and defense,United States of America,Washington / US Government News,Europe,United Kingdom,Western Europe,Industrial conglomerates,Consumer electronics,Household durables,
Quote: With a veto threat hanging over the massive fiscal 2011
spending package, the defense appropriations subcommittee voted
11-5 to proceed with the engine being built by General Electric
Co (GE.N) and Britain's Rolls Royce (RR.L). The White House and Defense Secretary Robert Gates view the
second engine for the Joint Strike Fighter as wasteful in an
era of big-budget deficits and want it cut from the budget. This is the fourth time in four years military planners
have tried to end the alternate pro...
Read articleGE Settles Kickback Charges From SEC
2010-07-28 03:34:27
Quote: By PAUL GLADERAnd NATHAN BECKERGeneral Electric Co. agreed to pay $23.5 million to settle Securities and Exchange Commission charges that its subsidiaries paid kickbacks early last decade to win health care and water contracts in Iraq.The SEC alleges two GE units and two public companies GE later acquired made $3.6 million in illegal payments in the form of cash, computer equipment and medical supplies and services to Iraq under the U.N. Oil for Food Program between 2000 and 2003. The SEC said t...
Read articleUPDATE - Top ABC executive resigns as network hits dry up
2010-07-28 03:34:24
Keywords: Television broadcasting,United States of America,
Quote: Last season, ABC tied for third place with General Electric
Co's (GE.N) NBC behind News Corp's (NWSA.O) Fox and CBS Corp's
(CBSa.N) CBS among the closely watched adults 18-49
demographic. Its one big new hit was the Emmy-nominated comedy
"Modern Family." ABC also finished in third place in terms of total viewers
at the end of the TV season which ended in May. The network
drew an average audience of 8.7 million, down three percent
from last year. ABC plans to introduce 10 new shows for the season...
Read articleUPDATE - Safran upbeat on economy, raises forecast
2010-07-28 03:34:23
Keywords: France,Western Europe,Europe,United States of America,Aerospace and defense,Aerospace and defence,Air transport,Airlines,Macro-Economics,Corporate Results,Corporate Results Forecasts,Telecommunication services (sector),Consumer electronics,Household durab
Quote: Safran co-owns CFM with General Electric (GE.N). Security earnings rose 53 percent due to acquisitions. The
company recently invested in explosive detection technology.($1=.7746 Euro)(Reporting by Tim Hepher and Matthias Blamont; Editing by James
Regan)
......
Read article[$$] CT Scan Makers Gun for China
2010-07-27 05:26:47
Quote: BY VANESSA FUHRMANSAND PAUL GLADER The world's largest CT-scanner makers, including General Electric Co., Siemens AG and Royal Philips Electronics, are zooming in on China. That nation plans to spend $125 billion to build tens of thousands of hospitals and clinics, extending health care to nearly all of its citizens. Its ambitious three-year plan, announced last year, has created a rare feeding frenzy in the lucrative field of diagnostic-imaging machines, an area in which Western manufacturers ...
Read articleGE's Eco Drive: Smart Charging Stations for Electric Cars
2010-07-27 05:26:46
Quote: Electric cars will be on display.General Electric (GE) intends to be the leader in smart grid charging of electric vehicles. GE plans to use Digital Energy to fuel more earnings improvements and dividend increases such as we witnessed last week.GE’s Watt Station EV Charger was personally unveiled on July 13 by CEO Jeff Immelt. Globally, GE already helps thousands of electric utilities be more efficient in generating power and in distributing power. With a growing family of smart grid solut...
Read articleChina Fuels Trade Tension With Policies, Report Says
2010-07-27 05:26:46
Quote: That tactic, it says, is "forcing foreign technology companies to anguish over balancing today's profits with tomorrow's survival."SiemensGeneral ElectricMicrosoft Corp.Executives and officials have raised particular complaint about indigenous-innovation policies that they fear are designed to discriminate against foreign companies or to force them to transfer their intellectual property to China. Beijing's handling of those concerns "has become a litmus test for many companies, particularly in ...
Read articleG.E. Invests in Green Data Center Start-Up
2010-07-27 05:26:45
Keywords: Mergers & Acquisitions, Investment Banking, I PO, I.P.O.s, IPOs, Offerings, Private Equity, Hedge Funds, Venture Capital, Legal, The New York Times, Andrew Ross Sorkin, Andrew Sorkin, DealBook, deal maker, Wall street, wall st., Goldman Sachs, Goldman Sa
Quote: GigaOm:
General Electric has poured some $175 million into more than 20 greentech companies over the years, and on Monday it made another investment.
G.E. says it will invest part of a $5 million round into SynapSense, a start-up launched by former IntelUC Davis computer science professor Raju Pandey that makes wireless sensor technology and software to monitor and reduce power usage and cooling in data centers. Other investors in the round include Emerald Technology Ventures, Sequoia Capital, R...
Read articleUK Stocks -- Factors to watch on Monday July 26
2010-07-26 08:02:50
Keywords: United Kingdom,Western Europe,Europe,Equities,Investment services,Banking services,Financial service providers,Factors to Watch - UK,Economic news, EC, business/financial pages,
Quote: Read articleStars Come Out At The Box Office
2010-07-23 05:37:25
Keywords: Inception, Leonardo DiCaprio, Angelina Jolie, Movies, Hollywood
Quote: The modestly budgeted film from General ElectricGEnewspeople) studio Universal Pictures has performed admirably at the box office, with $150 million in earnings so far. In fourth place: The Sorcerer's ApprenticeNicolas Cage. Exhibitor Relations predicts the DisneyDISnewspeopleJerry Bruckheimer (47th on our list with $100 million in earnings). It has so far earned only $37 million at the box office. But concerns that the über-producer is losing his touch seem unfounded. Prince of Persia, whi...
Read articleGeneral Electric, Russia's Inter RAO to form JV
2010-07-23 05:37:20
Keywords: Russian Federation,Eastern Europe,Europe,Emerging countries,Asia,Central and Eastern Europe,Equities,Utilities,Energy equipment and services,Energy and Resources,Commodities and Energy Markets,United States of America,Electric utilities,Industrial conglom
Quote: MOSCOW |Fri Jul 23, 2010 5:10am EDT
MOSCOW July 23 (Reuters) - General Electric Co (GE.N), the
largest U.S. conglomerate, and Russian state-controlled power
trader Inter RAO (IUES.MM) are planning a joint venture to
produce gas turbines, the Russian company said on Friday. The plan follows Russia's Prime Minister Vladimir Putin's
meeting with GE executives, during which the U.S. company was
earlier this summer invited to invest in Russia. "The companies are planning to produce together gas turbi...
Read articleEXECUTIVE VIEW-Impact of euro zone debt crisis
2010-07-22 01:46:58
Keywords: Europe,United States of America,Debt,Western Europe,Macro-Economics,Economic news, EC, business/financial pages,
Quote: Following are some reactions from executives at leading
global firms on the euro debt crisis: For the latest stories on the euro zone crisis:
[ID:nTOPNOW2] ------------------------------------------------------ JEFF IMMELT, CEO, GENERAL ELECTRIC (GE.N) "While governments are adjusting, the companies and
partners that we work with across Europe are all continuing to
invest. A lot of them have export franchises. So there just
seems to be a little bit of a disconnect between what has to
happen broa...
Read articleUPDATE - GE says inks $16 bln of aviation order at show
2010-07-22 01:46:57
Keywords: Industrial conglomerates,Consumer electronics,Household durables,
Quote: Wed Jul 21, 2010 4:23pm EDT
* Includes $11 bln in equipment sales, $5 bln in service * Big orders from Dubai, Chinese airlinesBOSTON July 21 (Reuters) - General Electric Co (GE.N) said
on Wednesday that it and its joint venture partners have signed
some $16 billion worth of orders for aviation equipment at this
week's Farnborough Air Show in the United Kingdom. Among the largest orders, Dubai's Emirates Airline
[EMIRA.UL]'s order for 30 Boeing (BA.N) 777 aircraft included
engines valued at $2 b...
Read articleStocks drop as Bernanke warns of uncertain economy
2010-07-22 01:46:53
Keywords: Stocks drop as Bernanke warns of uncertain economy, cat,ge,ibm,ko,ms,msft,ups,wfc, stocks
Quote: and General Electric Co. have beat analysts' second-quarter earnings estimates, their revenue has not met expectations and investors have been selling. The belief in the market is that companies aren't getting the strong sales needed to fuel the economic recovery."The numbers aren't bleak but there's no top-line growth, and that's scaring people. There's a realization that the economy is stuck in slow growth for a year or two," said Brian Wenzinger, a portfolio manager at Aronson-Johnson-Ortiz i...
Read articleWhat earnings reports have revealed about ads
2010-07-21 03:40:50
Keywords: What earnings reports have revealed about ads, aol,cbs,cmcsa,dis,gci,ge,goog,mni,msft,nwsa,nyt,twx,via-b,wpo,yhoo
Quote: The decline in print ad revenue narrowed in the second quarter to 6 percent.General Electric Co. says NBC's broadcast operation is benefiting from continued recovery in the local ad market, with percentage growth for sales in the double digits.Tuesday: Yahoo Inc. says revenue in the second quarter looked fairly strong until June, when several large advertisers suddenly reduced their spending. Still, sales of display advertising rose 19 percent in the quarter compared with a year ago, even as the...
Read articleUS, China begin talks on innovation trade dispute
2010-07-21 03:40:48
Keywords: Industrial conglomerates,Consumer electronics,Household durables,
Quote: Read articleTodd Harrison: Politics and free markets are strange bedfellows
2010-07-21 03:40:47
Keywords: News & Commentary, GE, General Electric Co, F, Ford Motor Co, FNMA, Fannie Mae, JPM, JPMorgan Chase & Co
Quote: With the emergence of bearded financials such as General Motors, General Electric/quotes/comstock/13*!ge/quotes/nls/ge(GE14.94,+0.32,+2.19%), and Ford/quotes/comstock/13*!f/quotes/nls/f(F11.75,+0.27,+2.35%)-- all of which have considerable finance arms -- it's quite possible that a ripple in Fannie Mae/quotes/comstock/11k!fnma(FNMA0.29,0.00,-0.68%)or JP Morgan/quotes/comstock/13*!jpm/quotes/nls/jpm(JPM39.63,+0.59,+1.51%)will have an exponential impact across a wide array of sectors and industrie...
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